The crypto world, a constantly evolving ecosystem, stands as one of the most disruptive forces in the global economy. Where is this digital revolution heading? The answer, although complex and multifaceted, points towards a future where cryptocurrencies and blockchain technology could completely redefine our financial interactions. Join us to discover the key trends that will shape the pulse of the sector in the coming years.
Recently, executives from crypto companies and their families have become targets for kidnappings. In response, French authorities, along with the Association for the Development of Digital Assets, have decided to strengthen the sector's security. Meanwhile, in the United States, Arizona Governor Katie Hobbs vetoed pro-crypto laws and tightened certain regulations.
On another front, a South Korean woman was sentenced to prison for stealing cryptocurrencies from her partner. In the corporate realm, the Chinese textile company Addentax surprised by announcing its intention to acquire Bitcoin and TRUMP tokens. And Changpeng Zhao warned again about phishing attacks, sharing key tips to protect digital assets.
France strengthens crypto security after wave of kidnappings.
In Arizona, cryptocurrencies face obstacles after Hobbs' veto.
Crypto fraud in Korea: woman sentenced to prison.
Addentax from China plans to buy $800M in BTC and TRUMP tokens.
CZ warns about phishing and shares security tips.
France strengthens crypto security after wave of kidnappings.
In recent months, the increase in the value of the crypto sector has led to a dangerous trend: several executives and their families have been targeted for kidnappings. The most recent case occurred on Tuesday, May 13, in Paris, when the daughter and grandson of the CEO of the Paymium exchange were the target of a thwarted kidnapping attempt.
NEW: THIS TUESDAY MORNING, TWO PEOPLE CLOSE TO THE CRYPTOCURRENCY WORLD WERE THE TARGET OF AN ATTEMPTED KIDNAPPING IN PARIS – PER VALEURS ACTUELLES
pic.twitter.com/6YR0Io0Szv— DEGEN NEWS (@DegenerateNews) May 13, 2025
In response, French Interior Minister Bruno Retailleau, along with the Paris Police Prefect, security chiefs, and the Association for the Development of Digital Assets, agreed on a clear strategy: 'prevent, deter, and protect' the sector.
"These repeated kidnappings of professionals in the cryptocurrency sector will be combated with specific tools, both immediate and short-term," Retailleau stated.
The ministry reported that immediate prevention and protection measures will be implemented, in addition to a work plan to improve the structural security of ecosystem actors. Informative sessions will also be provided to professionals and their families by elite intervention units.
In Arizona, cryptocurrencies face obstacles after Hobbs' veto.
Arizona Governor Katie Hobbs vetoed two bills that sought to expand the use of cryptocurrencies in the state. As she explained, the volatility of the crypto market prevents considering its adoption with general fund resources.
"Today I vetoed Senate Bill 1024. Although it would allow agreements to protect the state from risks associated with cryptocurrencies, lawmakers on both sides concurred that it leaves the door open to too much risk," wrote Hobbs.
In parallel, he approved Bill 2387, which regulates cryptocurrency ATMs. The law aims to combat fraud through visible warnings in multiple languages and requires users to acknowledge the risks before operating.
Crypto fraud in Korea: woman sentenced to prison.
A South Korean woman was sentenced to two years in prison by the Jeju District Court after transferring her boyfriend's cryptocurrencies - worth about $500,000 - to her own wallet without consent. She also stole cash and his mobile phone. The incident occurred in January, and the court found her guilty of fraud.
The ruling considered: 'given that the economic damage was significant, that the accused had already been convicted of fraud on two previous occasions, and that she faced another trial for the same crime, a severe penalty is imposed.'
Addentax from China plans crypto purchase for $800 million.
Addentax Group Corp, a textile company based in Shenzhen, China, announced its intention to acquire up to $800 million in crypto assets, including Bitcoin and TRUMP tokens.
Chinese textile and apparel company Addentax Group Corp. (Nasdaq: ATXG) announced that it is in discussions to acquire approximately 8,000 Bitcoins and other mainstream cryptocurrencies, including Official Trump, with an estimated total value of $800 million through the issuance…
— Wu Blockchain (@WuBlockchain) May 15, 2025
The company explained that it seeks to strengthen its balance sheet by acquiring highly liquid and recognized digital assets while bringing in new shareholders with experience in the crypto ecosystem.
Its CEO, Hong Zhida, defended the initiative: he believes that certain digital assets can be stable components in the long term due to their liquidity and growing institutional interest.
Addentax thus joins a growing list of publicly traded companies that integrate Bitcoin into their reserves.
CZ warns about phishing and shares security tips.
Changpeng Zhao (CZ), founder and former CEO of Binance, again warned the crypto community about the increase in phishing attacks. He urged users to take personal protection measures to avoid fund theft.
Among his main tips:
Never share your password with any supposed support agent.
Do not click on links from suspicious emails.
Access your account only from the official URL or a trusted bookmark.
Verify three times that it is not a fake site before entering passwords.
Do not use the same password on different sites. Use a password manager.
Enable two-factor authentication (2FA).
I conclude with this quote from Jack Dorsey: 'I don't think we will have a digital currency as good as Bitcoin in the next ten years. I think we have it.'
