Joseph Rees

Rwanda’s CMA Moves to License Crypto Exchanges as Unapproved Platforms Face Penalties

Key Takeaways Parliament passed a law granting Rwanda’s CMA explicit power to license and regulate virtual asset providers. Jerome Ndayambaje noted bitcoin faces high scrutiny, while some of the world’s 9,000 cryptos will be blocked. The CMA is currently drafting secondary regulations to formally launch its licensing regime for crypto firms. Mandatory Licensing for Crypto…

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K33 Research Says Bitcoin’s $60K Bottom Was Bear Market’s Maximum Drawdown

Key Takeaways K33’s Vetle Lunde says $60K was likely the 2026 bitcoin bear market’s maximum drawdown. Funding rates have been negative for 81 consecutive days, signaling uniquely pessimistic market sentiment. K33 projects bitcoin consolidating between $60,000 and $75,000 with no repeat of 80%-plus crashes. Bitcoin’s Downside Capped at $60K In a research note published this…

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GitHub Worm Hits npm Packages With 16M Downloads

Key Takeaways Mini Shai-Hulud exploited GitHub Actions on May 19, compromising 300+ npm packages across 16M weekly downloads. The malware installs a dead-man’s switch that wipes the developer’s machine if the stolen npm token is revoked. GitHub responded May 20 with staged publishing, bulk OIDC onboarding, and a plan to deprecate legacy npm tokens. Mini…

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Coinbase Helps Solve Kidnapping Case After Customer Is Forced to Transfer Crypto

Key Takeaways Coinbase detected possible coercion as attackers tried moving assets from a customer account. Blockchain records helped investigators trace crypto and connect wallet activity. Further monitoring upgrades and police partnerships may strengthen crypto-related crime responses. Blockchain Evidence Connects Robbery to Five Convictions Crypto exchange Coinbase (Nasdaq: COIN) revealed its assistance in a U.K. criminal…

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