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crypto.news

UK crypto firms get five-month window to seek FCA approval

UK crypto firms have been given a five-month application window, from Sep. 30 to Feb. 28, to seek Financial Conduct Authority approval before a new regulatory regime is expected to take effect in October 2027. The Financial Times published a…

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BIS warns AI could cut banks’ patching window to minutes

Advanced AI has cut the time banks may have to repair software flaws from weeks to minutes, according to a new Bank for International Settlements paper that calls for faster security decisions and patching. The Bank for International Settlements paper,…

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Singapore auctions assets seized in $2.37B money laundering case

Singapore has opened online bidding for the first 624 luxury items forfeited in its S$3 billion, or roughly $2.37 billion, money laundering case. Hotlotz said in its auction announcement that bidding for both sales began on Sep. 7. The Singapore…

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Revolut exposed Bitcoin records after fake agency request

Revolut has disclosed customer identities and financial records, including Bitcoin transaction histories, after acting on a fraudulent request that appeared to come from a government agency. According to a Revolut customer notice shared on Telegram by on-chain investigator ZachXBT, the…

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NFT sales rise 6.8% to $46.8M as Bitcoin trades surge

NFT sales reached approximately $46.78 million over the seven days ending Sep. 12, up 6.8% from the previous seven-day period, according to CryptoSlam data. Ethereum led blockchain sales, while a small number of high-value Bitcoin transactions accounted for much of…