By William Janes ( September 23, 2025, 2:12 PM BST) — Five people have been arrested on suspicion of carrying out a €100 million ($118 million) cryptocurrency fraud in a joint international operation by law enforcement agencies across Europe, a European Union law authority said Tuesday….
Crypto
‘Solana Killer’—A Radical New $2 Billion ‘Facebook Spinoff’ Cryptocurrency Is Coming Despite The Huge Bitcoin, Ethereum And Crypto Price Crash
Bitcoin
BTC
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The bitcoin value is caught beneath the psychological $20,000 per bitcoin stage after plummeting greater than 70% from its all-time excessive of virtually $70,000, whereas ethereum and different prime ten cryptocurrencies, similar to solana, are down even worse.
Now, regardless of fears rising market “panic” might ship markets down by one other 20%, a brand new, highly-anticipated cryptocurrency mission that is been branded a “solana killer” and valued at $2 billion by its prime enterprise capital backers has launched to a lot fanfare however has recieved a combined response.
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The bitcoin and crypto business has continued to draw investor consideration regardless of its large $2 … [+]
Aptos, a brand new blockchain and cryptocurrency created by former Meta staff Mo Shaikh and Avery Ching who labored on the Fb mum or dad’s failed libra-turned-diem bitcoin-inspired digital foreign money, was launched this week by Aptos Labs—with assist from crypto exchanges Binance, FTX and OKX coming as quickly as this week.
“We’re proud to reach right here collectively, for the individuals,” Aptos builders wrote in a weblog submit. “That is the first step in a protracted journey to create common and truthful entry to decentralized purposes for billions of individuals by means of a protected, scalable, and upgradable blockchain.”
Aptos, utilizing the identical programming language as Fb’s failed crypto mission that is designed to decrease transaction prices and enhance speeds, is aiming to grow to be the house for the decentralized web3. Builders declare it is going to be in a position to host non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs) and decentralized finance (DeFi) higher than the likes of ethereum, solana and different rival blockchains.
Ethereum
ETH
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The solana value has fallen even more durable than bitcoin and ethereum during the last 12 months, dragging down … [+]
Builders have additionally claimed Aptos, a proof-of-stake blockchain, will have the ability to course of 160,000 transactions per second (TPS). Solana
SOL
“The Aptos community has been performing as anticipated and can see elevated exercise as ecosystem tasks onboard and get going,” the mission’s official Twitter account posted in a “day one replace.”
“These 4 TPS are system transactions and don’t embrace any person transactions but,” Aptos Labs added in feedback reported by Bloomberg. “We anticipate person transactions to start beginning tomorrow. Maintain tight!”
The mission attracted a head-turning $1 billion valuation following a $200 million funding spherical in March led by Andreessen Horowitz (a16z), with main traders together with Tiger International, Katie Haun, Multicoin Capital, FTX Ventures, Coinbase Ventures, Binance Labs and PayPal Ventures. Then in July, Aptos closed a $150 million Collection A spherical led by FTX Ventures and Soar Crypto, with participation from Binance Labs, giving it a reported valuation of $2 billion.
A groundbreaking transatlantic initiative is fueling institutional blockchain adoption, spotlighting stablecoins, tokenized assets, regulatory alignment, and cross-border finance, with Ripple positioned to shape global standards and accelerate digital growth.
GRANT, Minn. (FOX 9) – A Washington County family was reportedly kidnapped and held hostage at gunpoint for hours by two Texas brothers who ultimately took more than $72,000 in cryptocurrency.
Raymond Christian Garcia, 23, and Isiah Angelo Garcia, 24, were each charged via warrant with three counts of kidnapping, three counts of first-degree burglary, and one count of first-degree aggravated robbery for their alleged roles.
The incident led to the Washington County Sheriff’s Office issued a shelter in place order while they searched for the suspects. The incident ultimately led to the cancellation of a high school homecoming football game in Mahtomedi.
Home invasion and cryptocurrency theft
The backstory:
According to the criminal complaint, a 911 call was received at approximately 4:45 p.m. on Sept. 19 from someone in Grant, Minnesota, stating that he and his family had been kidnapped and were being held hostage at gunpoint in their home.
The complaint details that on Sept. 19, a man was taking out the garbage at around 7:45 a.m. when the armed brothers allegedly forced him back into the garage and bound his hands with zip ties. The men then woke up the two other people in the house, also binding them.
Raymond Garcia is accused of holding the 911 caller and his mother hostage for nine hours while armed with an AR-15-style rifle. Police said the upstairs bedroom door was tied shut with wire and needed to be cut in order to free them, according to the complaint.
Meanwhile, Isiah Garcia, armed with a shotgun, allegedly forced the man to log into his cryptocurrency wallet and transfer over $36,000 to an unknown account, charges state. After learning of a separate crypto wallet kept at the family cabin in Jacobson, Minnesota, Isiah Garcia allegedly forced the man to drive three hours and transfer the additional cryptocurrency, valued at over $36,000.
According to the complaint, the victim believed some of his crypto account information had been leaked during a data breach. The charges note that the men were frequently on the phone with an “unknown third party who directed [them] to transfer the cryptocurrency.”
The victim inside the house called 911, and multiple squad cars passed Isiah Garcia as they were driving back from the cabin. Isiah Garcia then turned the truck around, parked, and fled on foot before discarding the shotgun in a nearby field, charges allege.
Raymond Garcia was seen on camera running out the back door of the home. During a search of the area, authorities recovered an AR-15 rifle in a suitcase located in the tree line behind the home, charges said.
Brothers arrested in Texas
The investigation:
According to the complaint, Isiah Garcia rented a car near Houston, Texas, on Sept. 16 and drove to Minnesota. The vehicle’s GPS data placed the car near the victim’s home and a motel in Roseville. On Sept. 21, Isiah Garcia was taken into custody while driving the same rental car in Texas.
Raymond Garcia went to authorities on Sept. 22 to report that his AR-15 had been stolen in Waller, Texas. During a search of the brother’s home in the Waller area, authorities reportedly found a firearm box with a serial number matching the AR-15 recovered in Minnesota.
At the time the criminal complaints were filed, both men were in custody in Texas.
The Source: This story uses previous FOX 9 reporting and information from a Washington County criminal complaint.
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