In brief Texans reported $56.8 million in crypto kiosk losses in 2025, more than any other state, across 1,179 FBI complaints. National losses rose 58% to $389 million from 13,460 complaints. Indiana, Tennessee and Minnesota have banned Bitcoin ATMs outright. Texans lost $56.8 million to cryptocurrency kiosks last year, more than any other state, according to FBI figures put before a legislative committee on Thursday. The state accounted for 1,179 of the 13,460 complaints the bureau logged nationally in 2025, a year in which reported losses to the machines rose 58% to $389 million.The kiosks take cash and convert it…

Cryptocurrency exchange Luno is cutting about 20% of its global workforce as weaker retail trading and automation push the company toward a leaner structure and more institutional business, according to a report by Bloomberg on Thursday.The firm’s CEO James Lanigan confirmed the cuts to Bloomberg but declined to disclose the number of employees affected. Lanigan said investments in automation and other operational improvements over the past year had changed the resources needed to run the business.Luno will continue investing in its retail products, infrastructure and regulatory compliance while expanding its business-to-business offering.The layoffs are Luno’s second major workforce reduction in…

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