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How the shocking kidnapping attempt on crypto CEO's daughter in broad daylight in Paris shows the BIG Crypto problem in Europe – The Times of India

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How the shocking kidnapping attempt on crypto CEO's daughter in broad daylight in Paris shows the BIG Crypto problem in Europe – The Times of India
France summons cryptocurrency businesses after kidnappings (Photo: AP)

A disturbing trend of kidnappings and extortion attempts targeting cryptocurrency firms and their owners is sweeping across France and other European Union nations, prompting urgent calls for increased governmental protection for individuals within the burgeoning digital asset industry. Authorities are increasingly convinced that these brazen attacks are orchestrated by organized criminal groups employing a chilling new tactic: targeting the families of wealthy cryptocurrency investors and business executives.The core tenet of cryptocurrency ownership, “not your keys, not your coins,” which emphasizes individual control over digital assets as a security measure against online theft, has inadvertently created a new vulnerability in the physical world. While storing cryptocurrency in “cold wallets” (offline storage) can safeguard against remote hacking, it exposes holders to the “$$$5 wrench problem” – the threat of physical coercion to surrender private keys and, consequently, their digital fortunes. Now, cryptocurrency industrialists and their families are finding themselves alarmingly susceptible to this very scenario.

Disturbing trend of family kidnappings

The latest incident unfolded in broad daylight in Paris, where a masked gang attempted to abduct the daughter of Pierre Noizat, the CEO of prominent French cryptocurrency firm Paymium, from a public street. This terrifying event marks at least the third such attack in France in recent months, signaling a dangerous escalation. In January, the co-founder of another leading French crypto company, Ledger, and his wife were brutally kidnapped. Then, in May, the father of a crypto company head was snatched. While all victims in these prior incidents were eventually rescued, both kidnapped fathers tragically suffered the amputation of a finger.In the most recent attack, the husband of Pierre Noizat’s daughter bravely fought off the assailants, sustaining a fractured skull in the process, before managing to flee after a quick-thinking shop owner intervened, chasing the attackers away with a fire extinguisher. Reports from Ars Technica indicate that similar attacks have occurred in Belgium and Spain in recent months, suggesting a coordinated effort across multiple European nations. Law enforcement agencies across the continent are actively investigating several of these cases, with growing suspicion that they are linked to sophisticated organized crime networks.In a bid to deter further attacks, investors within the cryptocurrency industry are actively working to raise awareness among criminals about the inherent traceability of most cryptocurrency transactions. While attackers may operate under the misconception that they can coerce victims’ families into transferring digital assets to untraceable wallets, the reality is more complex. Cryptocurrency transactions, even those involving privacy-focused coins, leave a digital trail that can be followed by skilled investigators. Indeed, police forces have successfully tracked and apprehended numerous individuals involved in these recent kidnapping and extortion attempts, demonstrating the limitations of anonymity in the blockchain ecosystem. The industry hopes that highlighting these successful arrests and the inherent risks of cryptocurrency-based extortion will serve as a deterrent.French Interior Minister Bruno Retailleau addressed the growing concerns this week, stating his intention to meet with French cryptocurrency entrepreneurs to discuss and encourage enhanced personal security measures. However, as of yet, there has been no concrete indication of broader governmental action or the provision of dedicated protection beyond these verbal assurances.For individuals holding their own cryptocurrency investments, these events serve as a stark reminder that while safeguarding digital assets offline can mitigate the risk of hacking, it does not eliminate the threat of real-world exploitation. In this evolving landscape of crypto-related crime, discretion and privacy regarding one’s holdings are proving to be increasingly vital. The most prudent strategy, security experts advise, is to maintain a low profile about one’s wealth and potential cryptocurrency holdings, as those unaware of your financial status are less likely to target you for extortion.

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Top Cryptocurrency Stocks Worth Watching

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Top Cryptocurrency Stocks Worth Watching
Robinhood Markets, Galaxy Digital, and Bitdeer Technologies Group are the three Cryptocurrency stocks to watch today, according to MarketBeat’s stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose core business or revenue stream is tied to digital currencies or b
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Bitcoin News Today: Regulators and Sanctions Shape Russia’s Cryptocurrency Mining Future

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Bitcoin News Today: Regulators and Sanctions Shape Russia’s Cryptocurrency Mining Future

Russian cryptocurrency mining companies are expected to pursue initial public offerings (IPOs) in the near future, according to experts, though several regulatory and geopolitical hurdles remain in their way. Vasily Girya, CEO of GIS Mining, noted that while many of their U.S. counterparts have already gone public, Russian miners are currently relying on strategic partnerships, private investments, and debt financing to raise capital and scale operations [2]. He emphasized that flexibility and adaptability are key advantages of this approach, allowing firms to avoid the pressures of public markets during a period of regulatory and geopolitical uncertainty.

The Russian crypto mining sector has shown strong growth, with major players such as BitRiver and Intelion generating combined revenues of $200 million in FY2024. These firms, like most in the industry, are primarily focused on Bitcoin (BTC) mining, though some are also exploring altcoins such as Litecoin (LTC) [2]. Despite this momentum, the absence of clear regulatory guidelines for public listings remains a barrier. Girya added that firms are waiting for the institutional environment to stabilize before considering public market entry.

Oleg Ogienko, an independent expert in blockchain and digital finance, estimated that Russian mining companies may need approximately a year to prepare for IPOs, depending on market conditions. However, he cautioned that the high cost of capital and ongoing international sanctions could delay or deter some firms from pursuing public listings immediately. Ogienko noted that while the Russian industrial mining market is significantly smaller than the U.S., it still presents strong long-term growth potential [2].

The timing of IPOs could also be influenced by developments in the broader crypto industry. Girya highlighted the significance of American Bitcoin’s anticipated listing as a “very important signal” for the global crypto market, signaling a growing trend of miners seeking public market capital to scale operations [2]. This shift reflects a broader industry movement toward increased transparency and institutional adoption, as miners seek to meet international governance standards.

Meanwhile, the Russian government is also moving to tighten control over crypto activities. A newly proposed draft law introduces administrative penalties for illegal crypto operations, including fines ranging from $1,000 to $20,000 for illegal mining and up to $20,000 for operating unlicensed mining infrastructure. The law also mandates the confiscation of funds and equipment in all cases. These measures indicate a continued effort to regulate and, in some cases, suppress uncontrolled crypto activity within the country [3].

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As the U.S. and other countries continue to embrace Bitcoin as a strategic asset, Russian firms may eventually follow suit, but they face a unique set of challenges. These include navigating a complex geopolitical landscape and waiting for a more mature regulatory framework to emerge. For now, the sector appears to be in a transitional phase, with major players building scale and governance structures that could position them for public market entry in the future.

Source:

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U.S. 401(k) embraces cryptocurrency as BAY Miner launches mobile cloud mining platform to support BTC and ETH investment

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U.S. 401(k) embraces cryptocurrency as BAY Miner launches mobile cloud mining platform to support BTC and ETH investment

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.


As US retirement asset management enters a new era, 401(k)s officially include cryptocurrency investments. In August 2025, US President Trump signed a major executive order greenlighting investments in private equity, real estate, and digital assets. Major cryptocurrencies like Bitcoin and Ethereum have become the new favorites in retirement assets. This move not only paves the way for trillions of dollars to flow into innovative asset classes, but also signals the deep integration of the US pension market with the digital financial system, propelling the crypto market into an era of institutionalization.

Meanwhile, BAY Miner recently launched a compliant mobile cloud mining platform, enabling global users to participate in daily investments in digital assets like Bitcoin (BTC) and Ethereum (ETH) with minimal barriers to entry. Simply register with your phone, no hardware required, and enjoy 24/7 automated mining and real-time profit settlement. The platform, backed by international financial-grade security and sustainable computing power, allows both retail and institutional investors to safely and conveniently enter the new era of crypto finance. BAY Miner’s AI-powered mining pool and flexible multi-currency configuration are accelerating the adoption and investment experience of high-quality assets like Bitcoin and Ethereum, injecting new momentum into the global digital asset market.

What does this new policy mean for ordinary investors?

The new US 401(k) policy including crypto assets has multiple implications for ordinary investors:

  • Diversified investment channels: Ordinary investors can now allocate crypto assets (such as Bitcoin and Ethereum) to retirement accounts (such as 401(k)s). Previously limited to investing in stocks, bonds, and mutual funds, they can now share in the long-term value growth of cryptocurrencies.
  • Lower barriers to entry into emerging assets: Investing in crypto through compliant pension plans eliminates the need to open exchange accounts or bear custody risks, helping ordinary investors enter the digital asset market safely and regulated.
  • Enhanced wealth appreciation opportunities: Crypto assets have high long-term return potential, providing a new growth point for retirement management and asset appreciation. This diversified allocation can help improve the return structure of investment portfolios, especially during periods of financial market volatility.
  • Tighter risk oversight: The policy requires investment products to be compliant and transparent. Crypto asset investments will be regulated by multiple agencies, including the US Department of Labor and the SEC, effectively reducing information asymmetry and fraud risks, and better protecting the rights of ordinary investors.
  • Long-term holding as the mainstream: Pension accounts have longer investment cycles, which allows ordinary investors to achieve asset growth through a “long-term approach” and avoid the risks of short-term speculation.
  • Financial and Tax Convenience: Investing in crypto assets through retirement accounts like 401(k)s can benefit from tax deferrals and other benefits under US regulations, reducing short-term tax burdens.

Against this backdrop, compliant, secure, and low-barrier-to-entry cloud mining platforms like BAY Miner will provide investors with convenient access to digital assets and support daily BTC and ETH returns, helping them better capitalize on market opportunities.

Seize the policy dividend and join BAY Miner cloud mining in four steps

Smartphone-Based Cloud Mining: A Simple 4-Step Process

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  1. Register an Account
    Sign up in seconds using your email – no ID verification necessary.
  2. Choose Your Mining Plan
    Select from various contracts based on your budget and goals.
  3. Activate With Crypto
    Fund your wallet with BTC, ETH, XRP, or USDT.
  4. Start Mining Instantly
    Mining begins immediately with no installations or maintenance needed.

Featured Mining Contracts and Returns

BAY Miner offers flexible mining packages to suit different investment levels. Here are some popular options:

l  Bitcoin Basic Plan
Investment: $100
Duration: 2 Days
Daily Yield: $4
Total Return: $108 (Investment + Earnings)



l  XRP Classic Plan
Investment: $600
Duration: 6 Days
Daily Yield: $7.20
Total Return: $643.20

l  Long-Term Plan
Investment: $3,000
Duration: 20 Days
Daily Yield: $39
Total Return: $3,780

l  Premium Plan
Investment: $50,000
Duration: 45 Days
Daily Yield: $910
Total Return: $90,950

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These verified payouts demonstrate BAY Miner’s consistent and transparent earnings model.

User benefits and prospects under the encryption of retirement accounts

The BAY Miner platform enables users to earn up to thousands of dollars in passive income daily through cloud mining (depending on principal and selected contracts) and offers flexible asset management. With US pension accounts now allowing cryptocurrency investments, cloud mining platforms like this are expected to become increasingly popular tools for ordinary investors to invest in crypto assets and achieve long-term returns.

Summary: From retirement accounts to cloud mining, a low-threshold channel connecting BTC and ETH

The opening of cryptoasset investments in US 401(k) pension accounts is accelerating the adoption of digital assets like Bitcoin and Ethereum into mainstream institutional investment. New mobile cloud mining platforms like BAY Miner provide ordinary users with secure, efficient, and automated access to BTC and ETH, significantly lowering the barrier to entry. For investors eager to seize this historic opportunity, now is the time to act—starting with a low-barrier, compliant digital asset journey on your mobile device, gradually integrating crypto assets into your long-term financial and wealth management plans.

Official Website: www.bayminer.com

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Download: https://bayminer.com/xml/index.html#/app

Don’t let your retirement account assets stagnate—use BAY Miner to continuously grow them in a secure and compliant environment.

Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

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