A Miami man faces multiple felony charges after police say he stole nearly $2 million worth of Bitcoin from a former employer — a theft that went undetected for years while the cryptocurrency sat locked in a safe.

Nahum Reynaldo Castro, 40, was arrested Tuesday on charges of grand theft, money laundering, unlawful use of a communications device, and offenses against computer users, according to an arrest report obtained by NBC 6.

The case stretches back to December 2017, when the victim began purchasing Bitcoin as a long-term investment. He bought a hardware wallet to store the digital currency, and turned to Castro — a trusted employee since 2013 and an IT specialist — to…

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Bitcoin security firm Casa has released a suite of four features targeting social engineering, the attack vector responsible for the bulk of crypto theft in 2025. The features are live now for Casa customers, arriving as the FBI reports crypto fraud losses climbed 22% year over year to more than $11 billion last year.

Social engineering — where scammers manipulate victims into sending funds or handing over wallet access — now dwarfs other forms of crypto theft. For every physical attack on a crypto holder reported in 2025, there were more than 2,000 phishing attacks filed with the FBI. 

Casa CEO Nick Neuman said the firm treats attacks on its clients as a direct challenge….

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Kraken has introduced Bitcoin Vault, a new product within its Kraken Earn suite that allows customers to earn BTC-denominated rewards on their Bitcoin holdings without selling the asset. The offering targets long-term holders who want passive yield tied to Bitcoin’s price exposure rather than a fiat-denominated return.

The product carries a variable rate of up to 2.5% APY, paid in Bitcoin. Under the hood, customer assets are routed through DeFi infrastructure built by Veda, with strategy design and risk curation handled by Sentora. 

Those firms allocate capital across established onchain lending protocols including Aave, Morpho, and Tydro — platforms that have processed…

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Mastercard has received a BitLicense from the New York State Department of Financial Services (NYDFS), clearing the way for the payments giant to conduct digital asset activities under one of the strictest crypto regulatory frameworks in the United States.

The license was granted to Mastercard Transaction Services (U.S.) LLC, a subsidiary of the global payments company, which operates in more than 200 countries and territories. The announcement came on May 27, 2026, and positions Mastercard to deepen its involvement in stablecoin infrastructure and blockchain-based payment systems.

New York’s BitLicense framework, first introduced in 2015, sets out rigorous requirements for…

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Banca Sella, an Italian banking group managing around €34 billion, has become the first Italian bank authorized to offer crypto-related services. It completed the notification process with the Bank of Italy under the EU’s MiCA regulation, gaining approval for crypto-asset custody, transfer, and receipt services.

The bank, part of the long-established Sella Group, plans to launch these regulated services by the end of 2026, initially targeting selected corporate and institutional clients. This marks a significant step in integrating digital assets within traditional banking under European compliance standards.

Banca Sella has previously experimented with blockchain and crypto pilots, including stablecoin custody trials. The approval positions it as a pioneer among Italian banks in offering compliant crypto services.

Fold Holdings, Inc., the first publicly traded bitcoin financial services company, has entered a four-year, senior secured revolving credit facility with Encina Lender Finance, LLC. 

The facility carries an uncommitted accordion feature capping the maximum size at $150 million and is secured by a pool of consumer credit card receivables.

The deal gives Fold a dedicated funding source to grow its Bitcoin Credit Card program without issuing new equity — a structure that avoids diluting existing shareholders. CEO and Co-Founder Will Reeves said the capital will allow the company to “meaningfully expand the distribution of the Fold Credit Card” as it works toward becoming…

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