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Spain’s Bit2Me launches crypto seizure and forensic unit Bit2Shield

Spain’s largest cryptocurrency exchange Bit2Me has launched a separate company to help courts, police and financial institutions trace, seize, store and liquidate cryptocurrency linked to investigations. According to a statement from Bit2Me, the new unit, Bit2Shield, has been legally registered…

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British man recovers £3.3M in Bitcoin lost for over a decade

A British Bitcoin investor has recovered 61 BTC worth roughly £3.3 million after losing access to the coins for more than 12 years following the collapse of early UK exchange Intersango. LBC reported that the investor, identified only as Chris,…

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Germany’s Bitcoin tax fight heats up after AfD election victory

Germany’s debate over Bitcoin taxation has gained a new political dimension after the Alternative for Germany won nearly 44% of the vote in Saxony-Anhalt, months after the party opposed plans to remove the country’s one-year crypto tax exemption. Reuters reported…

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Cronos says $9.19M remains unrecovered after $120M Tectonic exploit

Cronos has confirmed that $9.19 million remains unrecovered after an attacker borrowed $120.4 million from Tectonic, while a validator-backed rollback reversed roughly $111.2 million in affected value. According to a post-mortem published by Cronos on Monday, the attacker manipulated the…

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Sweden orders six crypto firms to pay $56M in additional taxes

Sweden’s tax authority has ordered six crypto companies operating in Boden to pay nearly 540 million Swedish kronor (approx. $56 million) in additional taxes after finding that the firms used business structures to obtain tax benefits they were not entitled…

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Boyaa Interactive adds 205 Bitcoin, taking total holdings to 4,316 BTC

Boyaa Interactive has purchased approximately 205 Bitcoin for $14.3 million, raising its total holdings to roughly 4,316 BTC as the gaming company continues to deploy crypto assets across its Web3 projects. Boyaa Interactive International Limited said in a Sept. 4…

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South Korea’s KRW1 stablecoin taps LayerZero for cross-chain expansion

BDACS has selected LayerZero’s Omnichain Fungible Token standard for its KRW1 stablecoin, giving the won-backed asset a unified cross-chain system as the company seeks to expand its use outside South Korea. LayerZero said BDACS, South Korea’s largest digital asset custodian…