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Spanish authorities have remanded crypto influencer Álvaro Romillo Castillo, known online as “CryptoSpain,” to prison without bail over allegations of masterminding a €260 million ($300 million) Ponzi scheme through Madeira Invest Club (MIC). The National Court judge cited flight risk after discovering a Singapore account holding €29 million linked to his operations. Details of the Alleged Fraud Romillo, 42, allegedly …

Video platform Rumble (NASDAQ: RUM) has signed a definitive business combination agreement to acquire German AI and high-performance computing (HPC) firm Northern Data AG in an all-stock deal valued at approximately $767 million. Announced on November 10, 2025, the transaction revives and finalizes talks that began in August, bolstering Rumble’s cloud infrastructure ambitions with Tether’s strategic backing. Deal Terms and …

Paris-based crypto hardware wallet giant Ledger is exploring a New York initial public offering (IPO) or private fundraising round in 2026, as skyrocketing demand for secure self-custody solutions drives its strongest financial year ever. CEO Pascal Gauthier revealed the plans in a Financial Times interview on November 9, 2025, citing New York’s dominance in crypto capital: “Money is in New …

U.S. spot Bitcoin ETFs recorded a staggering $1.22 billion in net outflows for the week ending November 7, 2025—the third-largest weekly redemption in history—signaling institutional caution despite Bitcoin’s rebound above $106,000. The exodus, capped by a $558.4 million single-day withdrawal on Friday, underscores profit-taking and macro uncertainty as investors navigate lingering government shutdown effects and rate concerns. Breakdown of Outflows …

Digital asset investment products recorded $1.17 billion in net outflows last week, marking a second straight week of institutional withdrawals as market volatility and interest rate fears erode confidence. Despite Bitcoin surging 4.4% to briefly top $106,000 on November 10, 2025, driven by US government shutdown resolution, large investors continued trimming exposure. Breakdown of Outflows and Key Drivers Bitcoin-focused products …