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Authorities are asking crypto exchanges to add new withdrawal restrictions to combat rising fraud. Japan’s Financial Services Agency and the National Police Agency are jointly urging the Japan Cryptocurrency Exchange Association to strengthen safeguards against fraud involving cryptocurrencies. The request comes amid increasing complexity of criminal methods, expanding damage to exchange customers, and cases in which funds from special frauds are transferred into cryptocurrency exchange accounts. The agencies direct the association to require its members to impose restrictions on cryptocurrency withdrawals for a certain period after customers deposit fiat currency or purchase crypto assets. Exchanges must also introduce a pre-registration…

In brief A Flock presentation obtained via public records shows a planned Nexar partnership using ~350,000 Uber, Lyft, and delivery dashcams to scan plates on the move. Flock says the deal with Nexar was never executed; it’s unclear drivers or the apps knew about the plan. The push comes as Flock faces a LAPD contract exit, roughly two dozen officer-abuse cases, and a widening legislative crackdown. The controversial law enforcement vendor Flock Safety wanted to make every Uber, Lyft, and delivery car a moving license-plate reader.A presentation the company wrote for the Georgia Attorney General’s office, and later shared with…

Developed by Breez in partnership with Bitcoin Spark, the Glow app lets users send stablecoins from their Bitcoin balance, while empowering developers to build better user experiences without having to worry about the difficult parts of building on top of Bitcoin. Breez’s SDK takes care of asset exchange in the background while supporting lightning payments through its Spark integration.  “Glow is a Bitcoin app for everyone,” said the company in a press release shared with Bitcoin Magazine. Users can access the app on both Apple and Android app stores. Glow re-invents the Bitcoin wallet experience, deviating from the seed phrase…

August 7th, 2026 – Kwai Chung, Hong Kong CoinMarketCap has expanded its Pro API with a new suite of seven real-world asset (RWA) endpoints, giving developers a single programmatic source for data on tokenized versions of traditional financial instruments. The RWA endpoints cover tokenized equities, commodities, currencies, government securities, exchange-traded funds (ETFs), and real estate. They are available now. The RWA endpoints resolve each asset through a stable identifier and span the full data lifecycle. An ID map and a metadata endpoint return descriptive and company information. Asset-list and quotes endpoints return aggregate tokenized price, market capitalization, and 24-hour volume.…

A vote on the long-awaited Clarity Act will be delayed until September as lawmakers go on recess today.  As first reported by POLITICO, citing comments from Majority Leader John Thune, the vote on the landmark bill will now have to wait until lawmakers return from August recess.  Bipartisan work has gone into the Clarity Act, which was passed by the House of Representatives last year, but some Republicans have accused Democrats of stalling the bill.  BREAKING: 🇺🇸 President Donald Trump says “I see it more and more where people are paying with Bitcoin, they don’t even know about cash anymore.”…

A former U.S. postal inspector stole hundreds of thousands of dollars in cash from packages mailed by elderly victims of lottery fraud schemes. The thefts occurred while the inspector held a leadership role investigating such crimes, reports Military.com. Scott Kelley, 52, of Pembroke, Massachusetts, served as team leader of the mail fraud unit at the Boston headquarters of the U.S. Postal Inspection Service. He gained access to daily reports tracking suspicious parcels under the JOLT (Jamaican Operations Linked to Telemarketing) initiative, an effort of the U.S. Postal Inspection Service (USPIS) designed at disrupting Jamaican-linked telemarketing scams that promised false lottery…

New analysis of Bitcoin theft reports reveals that stolen funds overwhelmingly came from long-dormant wallets, with victims reporting a median loss of over one coin. Data posted on X from Galaxy Research’s Alex Thorn looked at 250 victim reports and found the typical stolen coin had sat untouched for 3.5 years, and a striking 88% of pilfered funds were at least a year old.  By address, losses ranged from a median of 0.014 Bitcoin to a mean of 0.212 Bitcoin, while individual victims reported a median loss of 1.022 Bitcoin and an average of 4.04 Bitcoin — with one unlucky…

Flagstar Bank has reached a proposed class action settlement to resolve claims over two separate cyberattacks that compromised customer data. The agreement establishes a $31.5 million fund to compensate affected individuals, reports USA Today. The breaches occurred in January 2021 and December 2021, exposing personal information belonging to approximately 2.19 million people nationwide, including about 364,000 California residents. Eligible class members can seek reimbursement of up to $25,000 for documented losses such as fraud or identity theft costs. Those without specific losses may receive a residual cash payment estimated around $60, with the possibility of higher amounts depending on claims…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A proposed XRP Ledger amendment known as XLS-68 could let sponsors cover transaction fees and reserves for other users, making it possible for some wallet interactions to happen without the end user directly holding XRP. The feature, included in the xrpld v3.3.0 amendment bundle, is part of a broader move toward fee abstraction and smoother user onboarding. That does not mean XRP demand will definitely fall. It means some users may be able to interact with applications while another party handles fees and reserves behind the scenes.…