Mostly Bitcoin — Daily Digest
Last 24 hours of mainstream crypto coverage
September 9, 2026
22-year-old bitcoin thief who stole $240 million in bitcoin pleads guilty, faces 20-years in prison — boingboing.net
Malone Lam, a 22-year-old from Singapore now living in the United States, pleaded guilty yesterday to stealing $240 million worth of bitcoin from a man in Washington, D.C. Lam led a group of young men who posed as a security team from Google and the Gemini
Pirro targets illicit Chinese-language marketplace accused of defrauding Americans — foxbusiness.com
U.S. Attorney for the District of Columbia Jeanine Pirro announced new sanctions Wednesday against Xinbi Guarantee, an online platform she described as "an illicit scamming marketplace" used by Chinese cybercriminals. According to officials, Xinbi helped
Block seeks national trust charter to offer crypto custody — americanbanker.com
The payments fintech announced that it has applied for a national trust bank charter from the OCC for both bitcoin and stablecoin custody.
‘Ferris Bueller Gone Bad’: 22-Year-Old Pleads Guilty in Giant Bitcoin Heist — nytimes.com
Malone Lam, a Singaporean citizen, admitted to stealing cryptocurrency valued at more than $245 million in one of the largest such heists in U.S. history.
Ethereum giant Consensys spins off flagship MetaMask wallet, stays mum on IPO and token plans — fortune.com
One of the crypto industry’s oldest firms is splitting in two. Consensys announced on Wednesday that it is rebranding as MetaMask, which is the name of its flagship wallet product. This unit will operate as an independent corporate entity, focused entirely
Cryptocrook ringleader, 22, who met crew on Minecraft admits role in $245M heist — theregister.com
The ringleader of a sprawling cybercrime operation has pleaded guilty in the US after helping to steal and launder hundreds of millions of dollars in cryptocurrency. Malone Lam, 22, a Singaporean national and Miami resident, spearheaded the scheme to steal
The latest Bitcoin mystery: Who is behind the tiny non-profit buying a $2 million ad campaign in the Wall Street Journal? — fortune.com
Over the past three weeks, a pro-Bitcoin group called the Nakamoto Project has been using a decidedly old-school form of outreach to promote the digital currency: A series of print ads in the Wall Street Journal. Photos of the ads have appeared prominently
AI Boom Wrecks Trump’s Plan for ‘Made-in-America’ Bitcoin Mining — bloomberg.com
Donald Trump’s pledge to ensure that Bitcoin mining activity is centered in the US is rapidly disintegrating under the twin forces of the artificial intelligence boom and a prolonged crypto slump.
TRM Labs valuation doubles to $2 billion as crypto crime fighter scales AI services — fortune.com
A fast-growing San Francisco startup called TRM Labs, which built its business helping law enforcement track crypto crooks, notched a $1 billion valuation after raising a $70 million Series C funding round in September. Barely six months later, the company
Ringleader of $245 million bitcoin heist pleads guilty to racketeering — qz.com
Malone Lam, 22, admitted to organizing a network that used social engineering to drain a victim's crypto wallet, then spent the proceeds on nightclubs and luxury cars
New on-chain bank receives conditional OCC approval — americanbanker.com
OpenReserve, a proposed digital bank built by former MoneyLion executives, is the next bank seeking to bring digital asset technology to institutional banking.
How Donald Trump Broke the Banks — newrepublic.com
Here’s some bad news for anyone who wants a sane and functional banking system. The second Trump administration is hard at work destroying every vestige of financial regulation in the United States. A meticulously built oversight infrastructure is facing
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