Alex Royce in crypto

Alex Royce in crypto1,033,084 members

FBI and Brooklyn Prosecutors Dismantle 241-Site Crypto Fraud Network Brooklyn federal prosecutors and the FBI have dismantled a crypto fraud network accused of stealing tens of millions of dollars from Russian-speaking victims in the United States, seizing or disrupting 241 websites and 112 servers. The operation, announced October 14, 2026, targeted the network's infrastructure directly after replacement scam sites continued to appear each time individual pages were taken down. Investigators shifted focus to the underlying servers to prevent the scheme from reconstituting itself. The fraud primarily targeted Russian-speaking individuals in the U.S., a pattern consistent with so-called "pig butchering" and affinity-based scams that exploit shared language and cultural trust to build cre

Alex Royce in crypto1,033,084 members

Deutsche Bank to Launch Crypto Custody Within Weeks Deutsche Bank is preparing to launch its first institutional digital asset custody service within weeks, according to the bank's own product material and executive statements. The initial offering will cover Bitcoin, Ether, and three stablecoins. The bank's executive indicated the rollout will begin with major cryptocurrencies before expanding to include on- and off-ramp capabilities at a later stage. The move positions Deutsche Bank among a growing number of traditional financial institutions entering the digital asset custody space, targeting institutional clients seeking regulated infrastructure for holding crypto assets. Source Trade on Binance

Alex Royce in crypto1,033,084 members

Bitcoin Rebounds to $82,500 After Brief Dip Below $80,000 Bitcoin dropped under $80,000 before recovering to $82,500 within two hours, as Asian equity markets staged a parallel rebound. The move coincided with a recovery in South Korean chipmakers, which had closed at their lowest level since April. The swift bounce suggests active demand at the $80,000 level, though the broader macro environment remains unsettled. Source Trade on Binance

Alex Royce in crypto1,033,084 members

Crypto Liquidations Near $1 Billion After Inflation Data Revives Rate-Hike Bets Hotter-than-expected inflation data pushed traders to reprice Federal Reserve rate expectations, triggering sharp volatility in crypto markets and wiping out nearly $1 billion in leveraged positions. Bitcoin whipsawed as the inflation print rattled risk assets broadly, with leveraged long positions bearing the brunt of the forced closures. Source Trade on Binance

Alex Royce in crypto1,033,084 members

Three Canadian Soldiers Among Seven Arrested in Toronto Crypto Kidnapping Case Seven people — including three active members of the Canadian Armed Forces — have been arrested in connection with a kidnapping investigation in Toronto linked to an attempted cryptocurrency theft. Police have filed 82 criminal charges across the group. Toronto police confirmed the arrests, with the involvement of military personnel making the case unusual for a crypto-related crime. Authorities have not publicly detailed the specific cryptocurrency targeted or the amount involved, but the case centers on an alleged attempt to forcibly steal digital assets from a victim. The filing of 82 charges across seven individuals suggests a coordinated operation. The Canadian Armed Forces have not yet issued a public s

Alex Royce in crypto1,033,084 members

Bitcoin Drops Below $81K as Inflation Data Triggers $483M in Liquidations Bitcoin fell below $81,000 after hotter-than-expected U.S. inflation data rattled financial markets, triggering $483 million in liquidations across Bitcoin and Ethereum futures positions. The move has renewed focus on the $80,000 support level, with at least one analyst warning of a potential decline to $65,000 if that level fails to hold. The inflation print added pressure across risk assets broadly, with crypto among the hardest hit in the immediate aftermath. Source Trade on Binance

Alex Royce in crypto1,033,084 members

OCC Finds Nine Major US Banks Restricted Crypto Clients The Office of the Comptroller of the Currency has identified debanking policies at nine major US banks that resulted in restrictions on services to digital-asset issuers and exchanges. The OCC's review found that these institutions applied policies limiting or denying banking access to crypto-related businesses. No bank-specific penalties have been announced, but the regulator indicated it is considering additional rules to address the practices identified. The findings add regulatory weight to longstanding complaints from the crypto industry about access to traditional banking services, a tension that has shaped how digital-asset firms operate in the US market. Source Trade on Binance

Alex Royce in crypto1,033,084 members

Imperial College Researchers Propose Quantum-Resistant Bitcoin Transfers Without a Soft Fork Researchers at the Center for Cryptocurrency Research and Engineering (IC3E) at Imperial College London have published a paper proposing a method to make Bitcoin transfers both private and resistant to quantum computing attacks — without requiring a soft fork. The proposal builds on earlier work from 2018–2020 dubbed "Commit-Delay-Reveal," extending it into a model designed to protect Bitcoin transactions from the cryptographic threats posed by sufficiently advanced quantum computers. The approach works within Bitcoin's existing protocol structure, meaning no network-wide upgrade or consensus change would be needed to implement it. Quantum resistance has become an increasingly discussed topic in