ChainFabricNews

Image source: Money control France, a country known for its rich culture and innovation, is now facing a troubling new challenge—one tied to the booming world of cryptocurrency. Over the past few months, a disturbing trend has emerged: a series of kidnappings and violent attacks targeting crypto investors and entrepreneurs. These crimes, once rare and shocking, are now becoming more frequent and more brutal. It all began earlier this year when David Balland, a co-founder of a major crypto hardware wallet company, was kidnapped from his home along with his wife. The attackers demanded millions in cryptocurrency. Shockingly, Balland’s finger was severed by the criminals before authorities stepped in and rescued the couple. Thankfully, they survived, and several arrests were made. But the trauma left behind raised serious questions about personal security in the digital age. Just a few weeks later, another attack rocked the community. In broad daylight on the streets of Paris, assailants ...

Image source: The financial express In a bold and controversial move, China has officially criminalized personal ownership of cryptocurrencies , including popular coins like Bitcoin, Ethereum, and Solana . This news came out in late May 2025 , and it’s already shaking up the global crypto world. If you’ve been following crypto news, you’ll know that China has never been a fan of decentralized digital currencies. But this time, the government has taken things a step further— even holding crypto is now illegal . Let’s break down what’s happening, why it matters, and what it could mean for the future. 🚫 What Exactly Did China Ban? Until now, China had already banned crypto mining and trading. But people were still allowed to hold crypto privately —just not buy, sell, or trade it inside the country. That loophole is now closed. The new law states that owning cryptocurrencies is a criminal act, with punishments ranging from fines to jail time. This means everyday citizens in China can...

Image source: cointelegraph In a major breakthrough that’s shaken New Zealand’s growing crypto community, authorities have arrested a Wellington man linked to a massive international crypto scam. The case, involving around NZD 450 million (USD 265 million) , is one of the largest cryptocurrency frauds the country has ever seen. The arrest followed a well-coordinated, international investigation involving New Zealand’s Financial Crime Group and the FBI . According to officials, the accused man—whose identity remains under temporary court suppression—was part of a syndicate that targeted seven unsuspecting victims between March and August 2024. The victims reportedly lost digital assets worth hundreds of millions through sophisticated online deception. How the Scam Worked The scam itself was highly calculated. Victims were lured into fake crypto investment platforms or manipulated through misleading information about high-return opportunities. Once the funds were transferred, the group a...

Image source: coindesk In the world of cryptocurrency, big news doesn’t just move the market—it shakes it. Over the past few days, that’s exactly what happened when reports of a ceasefire between Iran and Israel began to surface. Almost instantly, Bitcoin bounced back above $106,000 , recovering from a sharp decline earlier in the week. But what does this all mean for crypto investors and everyday users? Let’s break it down. 📈 A Surprise Rebound Just days ago, Bitcoin had dipped below the $100K mark, causing panic among traders. But following news of a potential ceasefire, the crypto market did a complete 180. Bitcoin surged nearly 6% , while other coins like Ethereum , Solana , and even Dogecoin saw impressive gains of up to 11%. It’s clear that the crypto market still responds quickly—and emotionally—to geopolitical events. 🧠 Why This Matters Crypto might be seen as “digital gold,” but in reality, it behaves more like a high-risk investment. When global conflicts heat up, investo...