Krispy Kreme is warning tens of thousands of Americans that they are now at risk of identity theft and fraud following a major cybersecurity incident.

In a new filing with the Office of the Maine Attorney General, the doughnut and coffeehouse giant says it has discovered a computer hack affecting 161,676 employees, former employees and members of their families.

In a statement, the firm says that an unknown actor gained unauthorized access to the retailer’s information technology systems, stealing multiple types of data.

According to Krispy Kreme, the attacker may have siphoned sensitive personal information, including names, Social Security numbers, dates of birth and driver’s license or state ID numbers. The thief may have also copied financial data such as financial account access records, credit or debit card entries, along with security codes, as well as usernames and passwords to financial accounts.

Other customer data that might have been seized include digital signatures, usernames and passwords, email addresses and passwords, biometric records, USCIS or Alien Registration Numbers, US military ID numbers, medical or health records and health insurance entries.

“On November 29, 2024, Krispy Kreme became aware of unauthorized activity on a portion of its information technology systems. Upon learning of the unauthorized activity, we immediately began taking steps to investigate, contain, and remediate the incident with the assistance of leading cybersecurity experts.

On May 22, 2025, our investigation into the incident determined that certain personal information was affected. There is no evidence that the information has been misused, and we are not aware of any reports of identity theft or fraud as a direct result of this incident.”

Krispy Kreme says it abruptly sent letters of notification to affected customers to provide more information about the cybersecurity incident, while offering free credit monitoring and identity protection services.

The firm says it is revamping its security protocols “to further protect the privacy of the data entrusted to us.”

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

A North Carolina woman was sentenced to more than four years behind bars for carrying out an identity theft and bank fraud scheme that enabled her to spend money using the personal information of her victims.

According to the U.S. Attorney’s Office, Western District of North Carolina, Jessica Bailey Sowell engaged in the scheme from March 2023 to February 2024.

Court records show that she created fraudulent identification documents using compromised personal identifying information (PII) that were obtained through stolen mail, the internet and other sources.

Sowell then used the fake documents at banks, hotels and retail stores. Investigators found that she had letters, bank cards and checks belonging to at least 26 victims of identity theft.

The 32-year-old was apprehended after a federal search warrant was executed at a hotel room where she was staying.

Investigators found a suitcase containing hundreds of mail with various names and addresses and another suitcase with store-tagged merchandise, two handwritten journals with the names and credit information of several individuals and 23 driver’s licenses from different states that show Sowell’s photograph and the PII of the identity theft victims.

They also seized from the rental vehicle that Sowell was using a credit card under the name of an ID theft victim, receipts for goods that were bought using the victim’s credit card, an identity card printer, multiple blank identity cards and holographic stickers.

Sowell, who is prohibited from possessing firearms, also kept a Taurus G3 9mm handgun in the hotel room.

On Monday, she was sentenced to 57 months of jail time followed by five years of supervised release for bank fraud, aggravated identity theft and unlawful possession of a firearm. She was also ordered to pay restitution to her victims in the amount of $47,190.25.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Crypto exchanges Coinbase and Gemini are close to securing regulatory approvals granting them access to operate across the EU, Reuters reported on June 16, citing people familiar with the matter.

According to the report, the expectation has intensified tensions among national regulators over the speed and oversight of new licensing under the bloc’s landmark crypto framework.

The EU’s Markets in Crypto-Assets (MiCA) regulation, in force since early this year, allows any member state to issue a license that unlocks the entire 27-nation market.

While hailed as a step toward aligning crypto oversight with traditional finance, some regulators privately warn that inconsistent enforcement risks creating regulatory blind spots for an industry valued at roughly $3.3 trillion.

Gemini looks for Malta approval

According to two sources, Gemini is close to receiving approval from Malta, which has already signed off on OKX and Crypto.com licenses within weeks of MiCA’s rollout. The country argues its quicker process stems from years of experience supervising crypto businesses.

A spokesperson for the Malta Financial Services Authority told the newswire that four crypto licenses have been issued to date, adding that stringent money-laundering checks remain in place.

Meanwhile, one source revealed that the European Securities and Markets Authority (ESMA) has examined Malta’s licensing procedures and is preparing an internal report.

ESMA declined to comment on the matter.

France’s financial markets regulator has publicly cautioned that ESMA’s lack of direct licensing power could spark a “race to the bottom,” as countries compete to attract lucrative crypto business.

Coinbase eyes Luxembourg license

Luxembourg is also expected to grant a license to Coinbase, marking the first approval for a US-listed crypto firm under MiCA.

Coinbase, now part of the S&P 500, employs around 200 staff across Europe and plans to expand its Luxembourg office by more than 20 people this year, a company spokesperson said.

Luxembourg’s financial supervisor did not comment on the pending application, but one official familiar with the matter rejected suggestions that the country’s standards were too lenient, arguing some critics are motivated by competition to lure crypto firms elsewhere.

The EU’s internal split over licensing comes as lawmakers debate expanding ESMA’s authority to ensure consistent enforcement of MiCA rules amid the risks posed by the US deregulating the industry.

While Brussels sets regulatory frameworks, national agencies retain licensing power, a system now under pressure in one of the world’s fastest-moving financial sectors.

The outcome of these approvals could shape how Europe balances investor safeguards with ambitions to be a global crypto hub, as memories of past industry scandals, such as FTX’s 2022 collapse, still loom large over regulators’ efforts to keep pace with innovation.

Mentioned in this article

The European Union’s glossy new Crypto rulebook is finally here, and Crypto’s heavyweights are wasting no time. In the Crypto-Assets (MICA)-regulated market, several well-known exchanges are on track to operate passports in all 27 EU countries. But behind the scenes, regulators are I’m convulsing. This is a major opportunity for the EU Crypto market, but it also tests how well regulators can implement the new rules.

Requires Gemini, Okx and Coinbase

First, Gemini. A Winklevoss-led exchange is nearby Get a license In Malta, that movement Let me It helps all european union. Malta has already distributed licenses to okx and crypto.com. Currently, Luxembourg is reportedly preparing to approve Coinbase. This adds more firepower to the list of MICA-compliant platforms.

Breaking News: MICA adoption in Europe by 2025 will have a major impact on crypto investors. https://t.co/hipqtxlpry #mica #cryptoinvestors #europe2025 pic.twitter.com/xmaqd7gxfa

-Rayan Bibiloni (@Rayan_Bibiloni) June 13, 2025

In theory, once a company obtains a license in one EU country, it operates throughout the bloc. That’s MICA’s promise: seamless access and equal playing fields. but reality It’s even more troublesome.

Regulators raise their eyebrows

Watchdogs across the country are not very sure how fast things are moving, especially in small countries like Malta. Their concern? That Light Touch Review could potentially operate across the EU even if reviewed companies slip through the cracks.

French regulators are particularly concerned. They warned that if this were to be a race to quickly hand out licenses, it could become a patchwork system that would speed up over security. That’s what ESMA, the European Securities Markets Agency I’m looking closely And plans to release a report on it “Regulatory arbitrage law. ”

Discovered: 20+ Next Cryptocurrency Exploding in 2025

Malta says: We know what we are doing

Malta has not retreated. Officials there say they have built the experience and staff to properly handle the Mycal application. They have already approved four licenses and claim that the process is thorough, even if it’s faster than some of the great powers.

24 hours7d30D1Yeverytime

Still, concerns remain. One EU source reportedly said regulators were worried about weight when they set up bars beyond the BLOC for compliance. One regulator is wrong, which affects all 27 countries.

Luxembourg’s Power Play, Ireland’s Crypto Cold Shoulder

Luxembourg will soon issue a Coinbase license. This will be a huge victory for both the country and the exchange. Luxembourg has long been a hub for financial services, but the move will further strengthen its position as a crypto-friendly jurisdiction.

However, Ireland is taking the opposite approach. The central bank has openly criticised the code, and the governor has compared parts of the industry to Ponzi. That hard-line stance may make it even more difficult for Ireland to attract top-class crypto businesses seeking European bases.

Discovery: Next 1000x Ciphers: 10+ Ciphers tokens that could hit 1000X in 2025

What is at risk for users and the market?

mica It is supposed to bring order to the chaos of European crypto regulations. If that works, investors will be protected, the exchange will become clear and innovation will be gained I’ll keep moving. but If national regulators pull in different directions, whole The system is possible buckle.

The global crypto market is worth over $3 trillion. Such money requires guardrails, not loopholes. Everyone is trying to avoid the confusion of another FTX size, but it has proven difficult to balance safety and speed.

What’s coming next

All eyes are in the next move in ESMA. Do they tighten the standards? Let me Member countries Continued In Interpret What’s their way? The way Europe handles this rollout sets the tone of global crypto regulations. The future of the EU crypto market may depend on how ESMA handles growing concerns about regulatory arbitrages.

The clock is ticking every moment. And no one wants to be a weak link.

Discover: 20+ Next Cryptographs to Explode in 2025

For the latest market updates, please join us in the discrepancy in 99bitcoins news here

Why you can trust 99 Bitcoin?

Over 10 years

Founded in 2013, 99 Bitcoin team members have been experts in crypto since the early days of Bitcoin.

90 hours+

Weekly research

100k+

Monthly Readers

50+

Expert Contributors

2000+

Crypto project reviewed

Follow 99 Bitcoin on Google News Feed

Provide the latest updates, trends and insights directly to your fingertips. Subscribe now!

Subscribe now

Four major crypto companies are seeking various banking licenses in a strategic effort to integrate digital assets with traditional financial systems, according to a new Wall Street Journal report.

According to the WSJ report, USDC-issuer Circle and BitGo are pursuing federal bank charters that would allow them to function as conventional lending institutions, offering deposit services and loans.

The report also says that Coinbase and Paxos are exploring “similar moves.”

Currently, Anchorage Digital stands as the only crypto-native company holding a federal bank charter, highlighting the substantial compliance hurdles facing digital asset firms.

Back in 2022, Anchorage was ordered by the Office of the Comptroller of the Currency (OCC) to improve its controls around client due diligence, monitoring suspicious customer activity and other anti-money-laundering measures.

Last week, according to a report from Barron’s, the U.S. Department of Homeland Security’s El Dorado Task Force, which combats money laundering and other financial crimes, contacted Anchorage Digital Bank employees to inquire about the company’s practices and policies.

The report cited anonymous sources “familiar with the inquiry.” The specific reason for the probe remains unclear.

Says Anchorage CEO Nathan McCauley of complying with federal regulations,

“It has not been easy… [the] whole gamut of regulatory and compliance obligations that banks have can be intertwined with the crypto industry.”

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The Cayman Islands has introduced new crypto licensing regulations that will require virtual asset service providers (VASPs) offering custody and trading services to obtain approval from the Cayman Islands Monetary Authority.

The rules, set to take effect on April 1, 2025, are part of a broader effort to align the jurisdiction with international standards aimed at strengthening investor protections and improving market integrity.

Mandatory license

The new framework, outlined in the Virtual Asset Service Providers Amendment Regulations 2025, mandates that all crypto firms operating in custody or trading services secure a formal license.

The regulation applies to both newly established entities and the 17 VASPs currently registered in the Cayman Islands. Companies will have a 90-day compliance window, which extends until July 1, 2025, to meet the necessary requirements.

As part of the licensing process, custody providers must disclose the types and values of digital assets they hold and provide a clear explanation of their custodial purpose. This measure is intended to ensure compliance with anti-money laundering and counter-terrorism financing standards.

Additionally, trading platforms will be required to report their projected revenue and disclose the physical location of their supporting hardware, a move designed to enhance regulatory transparency and jurisdictional oversight.

All applicants must submit cybersecurity plans, risk management strategies, and details on how they intend to prevent asset loss or theft, reinforcing efforts to address vulnerabilities in the digital asset sector.

Improving compliance

The regulations expand upon the Virtual Asset (Service Providers) Act 2020, which was updated last year to align with recommendations from the Financial Action Task Force (FATF).

In recent years, CIMA has been working to tighten regulatory measures. It previously implemented the “Rule for Virtual Asset Custodians and Virtual Asset Trading Platforms” to create a structured compliance environment for digital asset businesses.

The stricter licensing rules are expected to reshape the Cayman Islands’ crypto sector by raising the bar for operational compliance. With a stronger regulatory framework in place, the jurisdiction may attract established firms looking for a stable and well-regulated environment while weeding out operators that are unable to meet the requirements.

The upcoming July deadline is expected to spur system upgrades and compliance efforts among existing VASPs. The new requirement for trading platforms to disclose the location of their hardware could also improve accountability in cross-border transactions, potentially setting a precedent for other jurisdictions.

While the updated framework is designed to strengthen investor protections and market stability, smaller firms may struggle with the financial and operational demands of compliance. Meanwhile, larger players with greater resources may find it easier to meet the cybersecurity and risk management requirements, giving them a competitive advantage.