ChainFabricNews

Image source: yellow.com In a significant step forward for the European crypto market, OKX , one of the world’s largest cryptocurrency exchanges, has officially become the first to receive full authorization under the EU’s Markets in Crypto-Assets (MiCA) regulation . This development isn’t just big for OKX — it’s a major milestone for the entire crypto industry in Europe. So, what does this mean for users in countries like Poland , and why should the average crypto enthusiast care? Let’s break it down in a simple, user-friendly way. What Exactly Happened? On June 2025, OKX announced that it had secured a MiCA license. This means it now has the legal green light to offer crypto services in all 28 European Economic Area (EEA) countries, including Poland. Thanks to this license, OKX can now operate with full transparency, meet high-security standards, and provide better protection for users. For Polish users, this means safer, more reliable access to crypto trading — without worrying abo...

Image source: Blockchain council In a move that could reshape the way everyday people in the UK invest in crypto, the Financial Conduct Authority (FCA) has proposed lifting its long-standing ban on crypto exchange-traded notes (ETNs) for retail investors. This proposal, announced in early June 2025, is seen by many as a step toward making the UK's crypto market more inclusive and competitive. But what does this really mean for you, me, and the average UK investor? 🔍 What Are Crypto ETNs—and Why Were They Banned? First, let’s understand what we’re talking about. Crypto ETNs are financial products that track the price of cryptocurrencies like Bitcoin or Ethereum . Unlike directly buying crypto from an exchange, ETNs allow you to invest through a regulated platform—similar to how you’d buy a stock or an ETF. Back in 2021, the FCA banned retail investors from buying these products, saying they were too risky and complex for the general public. At the time, crypto markets were extre...

Image source: CNN In a shocking turn of events, Nobitex , the biggest cryptocurrency exchange in Iran, has fallen victim to a massive cyberattack—reportedly losing over $100 million worth of digital assets. The incident has left thousands of users in panic and raised serious questions about crypto security, especially in regions where political tension is already high. 🔐 What Actually Happened? Late last week, suspicious activity was detected on Nobitex's platform. Soon after, it became clear that the platform had been compromised. A hacker group known as "Predatory Sparrow" has claimed responsibility for the attack. This group has been linked in the past to cyberattacks on Iranian infrastructure, but this time, they targeted digital wallets. The hackers reportedly moved millions in cryptocurrencies—including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) —through various crypto mixers and exchanges to hide the trail. Security experts say the speed and sophisticat...

Image source: coinspeaker BlackRock, the world’s largest asset manager, is once again making waves in the crypto world. After the overwhelming success of its spot Bitcoin and Ethereum ETFs, the firm is now reportedly exploring a bigger leap—this time into altcoins like Solana, Cardano, and Polkadot. If this move becomes reality, it could mark a new era for both traditional investors and the crypto industry. From Bitcoin to Beyond In early 2024, BlackRock launched its first spot Bitcoin ETF, called iShares Bitcoin Trust (IBIT) . It quickly became one of the most successful ETF launches in history, attracting more than $70 billion in assets . Shortly after, they introduced a spot Ethereum ETF, which also gained strong momentum with $4 billion in inflows. Clearly, investors—both retail and institutional—are hungry for easy, regulated access to crypto assets. Now, BlackRock is considering widening that gateway by including other popular cryptocurrencies in its ETF offerings. Why Altco...

Image source: The Economic Times In a story that sounds more like a crime thriller than real life, a former constable in Bengaluru managed to scam crores of rupees by pretending to be a senior anti-corruption officer — and then laundered the money using cryptocurrency. Meet Ningappa, the man at the center of one of Karnataka’s most shocking extortion scams in recent years. 🎭 The Conman Behind the Uniform Ningappa wasn’t just another fraudster. He used to be a police constable who was dismissed from duty years ago. But he didn’t stop there. With a little tech and a lot of guts, he started impersonating high-ranking Lokayukta officers — officials who are supposed to catch corruption, not commit it. Using apps like WhatsApp and even Truecaller, Ningappa created fake identities. He called government employees, mostly from departments like the RTO and excise, and threatened them with Lokayukta raids. Of course, he offered them a way out — by paying him “under the table.” Some victims paid ...

Image source: Crypto News In a bold and historic move, the state of Texas has officially become the first in the U.S. to launch its own state-backed Bitcoin reserve . On June 22, 2025, Governor Greg Abbott signed a bill that sets up a “Strategic Bitcoin Reserve,” turning Texas into a trendsetter in the world of government and cryptocurrency. But what does this really mean? And why is it such a big deal? 💼 What Is the Texas Bitcoin Reserve? This reserve is essentially a pool of Bitcoin owned by the state government , just like how countries hold gold or foreign currency in their treasuries. But here, instead of gold, Texas is putting its trust in Bitcoin —the world’s most popular digital currency. The reserve will be managed by state officials and guided by a team of financial and tech experts. According to the law, only well-established cryptocurrencies with a proven track record can be included—right now, Bitcoin is the only one that qualifies . Funding for the reserve will come f...