Ukrainian police claimed the man’s actions caused a server hosting company to suffer losses estimated at over $4.4 million.
Latest News on Business

When we talk about the role of Bitcoin (BTC) or blockchain in business, we are talking about either business ventures building blockchain/cryptocurrency systems, products or infrastructure; or the integration and adoption of cryptocurrency in existing enterprises as a supported payment method.
Bitcoin and cryptocurrency businesses face incredible challenges on two fronts: regulation and adoption.
Over the years, many high-profile crypto businesses such as some of the leading exchanges have had to move operations across the country or to other countries entirely to avoid severely inhibiting regulatory constraints in certain jurisdictions.
At the same time, mainstream adoption by individuals and established businesses is a very steep uphill battle for entrepreneurs as they attempt to make crypto more accessible and compelling to enterprises and laypeople alike.
Stay tuned as we chronicle blockchain and cryptocurrency’s shifting role in the world of business.
- News2287
- News
USDC issuer Circle has again upsized its initial public offering above the marketed range, selling 34 million shares at $31 each.
3221 - News
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
2340 - News
In some cases, the bank will look at crypto holdings when determining net worth, which may affect how much can be borrowed.
2218 - News
The company concluded its first year of Bitcoin reserve operations with 4,449 BTC on its balance sheet.
1872 - News
According to the payments company, it had secured approval across a patchwork of regulatory regimes in individual US states allowing it to operate across the country.
1557 - Analysis
President Lee Jae-myung rose from being a child laborer in post-war South Korea to becoming a crypto-friendly leader of one of the world’s largest digital asset markets.
948 - News
K Wave Media announced a $500 million securities deal to fund a Bitcoin-treasury strategy, aiming to become the “Metaplanet of Korea.”
9737 - News
Bybit unveiled a major security overhaul following its $1.4 billion hack in February, with upgrades across audits, wallet protection and information security.
1735 - News
India-focused crypto exchange WazirX is relocating operations to Panama and rebranding its parent company as Zensui.
7229 - News
The decentralized physical infrastructure network market could surge to $3.5 trillion by 2028 as AI and blockchain converge, according to a new World Economic Forum report.
2580 - News
Binance is cracking down on bot abuse in its Alpha Points early-access program after detecting coordinated bot farming activity.
2871 - One-on-one
Nassar Achkar discusses the reasons behind the company’s recent relocation to Dubai and how CoinW’s core values contribute to the development of the global Web3 community.
3729 - News
Hackers are moving from smart contract vulnerabilities to exploiting human behavioural weaknesses, according to the co-founder of Web3 cybersecurity firm CertiK.
4312 - News
At least 60 Bitcoin strategy adopters among publicly listed companies collectively doubled BTC holdings in the past two months, outstripping the buying speed of Michael Saylor’s Strategy.
3099