Latest Crypto Industry News and Insights
SEC Charges Ramil Palafox in $198M Crypto Ponzi Scheme: A Wake-Up Call for Investors
SEC Charges Ramil Palafox in $198 Million Crypto Ponzi Scheme Scandal Investors beware: Ramil Palafox, the founder of PGI Global, has been charged by the U.S. Securities and Exchange Commission (SEC) for orchestrating a massive $198 million Ponzi scheme. This case serves as a harsh reminder of the potential for fraud within the crypto space, […]
Read MoreDeFi Development Corp Adds $9.9M in Solana, Signals Major Blockchain Shift
DeFi Development Corp Boosts Solana Holdings: A Strategic Shift to Blockchain DeFi Development Corp, formerly Janover, has made a significant move by adding $9.9 million worth of Solana (SOL) to its treasury, signaling a deep commitment to the blockchain ecosystem. This acquisition, facilitated through BitGo’s over-the-counter desk, positions the company as a key player in […]
Read MoreSovereign Wealth Funds Buy Bitcoin as Retail Investors Exit, Says Coinbase Exec
Sovereign Wealth Funds Accumulate Bitcoin as Retail Investors Exit, Says Coinbase Executive Sovereign wealth funds are increasingly investing in Bitcoin, viewing it as a hedge against inflation, while retail investors are exiting the market, according to John D’Agostino, head of strategy at Coinbase. Sovereign wealth funds accumulating Bitcoin Retail investors exiting the market Bitcoin as […]
Read MoreBitcoin Cash Micropayments Unlock Medical Studies, Revolutionizing Access
Crypto-crowdfunded Medical Journal Uses Bitcoin Cash to Break Down Paywalls The Journal of Global Surgery (ONE) is revolutionizing access to medical research by leveraging Bitcoin Cash (BCH) for micropayments, enabling the community to fund and unlock studies such as a recent prostate cancer study in Zambia. Journal of Global Surgery (ONE) uses Bitcoin Cash for […]
Read MoreSlovenia Proposes 25% Crypto Tax: From Haven to Taxation Nation
Slovenia’s Bold 25% Crypto Tax Move: From Haven to Taxation Nation Slovenia’s proposed 25% tax on digital asset trading profits marks a significant shift from its previous status as a crypto tax haven. If approved, this tax will take effect at the beginning of next year and could reshape the country’s vibrant crypto ecosystem. 25% […]
Read MoreECB Urges EU to Revise MiCA Amid Fears of U.S. Stablecoin Dominance
ECB Urges EU to Revise MiCA Amid U.S. Stablecoin Legislation Concerns The European Central Bank (ECB) is urging the European Union (EU) to reconsider its Markets in Crypto-Assets (MiCA) regulation due to concerns over potential threats posed by U.S. stablecoin legislation. MiCA, or Markets in Crypto-Assets regulation, is a set of EU rules designed to […]
Read MoreTesla’s Bitcoin Stash Hits $1B Amid Q1 Earnings Slump
Tesla Holds Steady on Bitcoin Amidst Q1 Financial Dip Tesla maintained its Bitcoin stash of 11,509 BTC throughout the first quarter of 2025, despite a challenging financial performance that missed earnings targets. Tesla’s Bitcoin holdings soar to over $1 billion post-Q1 surge. Q1 earnings miss targets with a 9% revenue drop and 20% decline in […]
Read MoreMetaplanet Targets 10K BTC by Year-End, Boasts 119% Yield
Metaplanet CEO Doubles Down: 10K BTC Goal, Yield Soars 119% Metaplanet’s CEO, Simon Gerovich, isn’t backing down from his audacious goal of accumulating 10,000 BTC by the end of the year, despite recent dips in the company’s stock price. Gerovich remains laser-focused on long-term value creation through Bitcoin (BTC) holdings, which now total 4,855 BTC, […]
Read MoreUN Report Exposes Southeast Asian Crime Syndicates’ Use of Crypto and Blockchain
UN Report Unveils Southeast Asian Crime Syndicates’ Exploitation of Crypto and Blockchain The United Nations Office on Drugs and Crime (UNODC) has unveiled a report highlighting how organized crime syndicates in Southeast Asia are leveraging cryptocurrency and blockchain technology to fuel their multibillion-dollar operations. UNODC report exposes Southeast Asian crime syndicates’ use of crypto and […]
Read MoreMatter Labs Sued by Bankex for Alleged IP Theft: Crypto Lawsuit Over Plasma Tech
Matter Labs Sued by Bankex for Alleged Blockchain IP Theft: A Crypto Lawsuit Unfolds Matter Labs, the developer behind the ZKSync project, finds itself in the legal spotlight as Bankex, a now-defunct digital asset platform, accuses them of intellectual property theft. The lawsuit, filed in the New York State Supreme Court on March 19, 2024, […]
Read MoreRevolut Refuses $1,500 USDC Reimbursement After Transfer Error Sparks Crypto Risk Debate
Revolut’s Refusal to Reimburse $1,500 USDC Loss Sparks Debate on Crypto Transfer Risks Tzoni Raykov, a Bulgarian oil engineer, lost $1,500 in USDC after a transfer error to his Revolut account. The loss was due to using the “Polygon (bridged)” network, converting his USDC into USDC.e, which Revolut does not support. Despite a successful test […]
Read MoreMANTRA CEO Proposes 150M OM Token Burn After 90% Crash to Boost Recovery
MANTRA’s Bold Move: CEO Proposes 150M OM Token Burn to Spark Recovery Following a devastating 90% price crash on April 13, 2025, MANTRA’s CEO, John Patrick Mullin, has proposed a bold plan to burn his personal allocation of 150 million OM tokens, aimed at rebuilding trust and stabilizing the token’s value. The proposal has garnered […]
Read MoreTrump Media and Crypto.com Launch ETFs: Blending Crypto with Traditional Finance in 2025
Trump Media and Crypto.com Partner to Launch ETFs Blending Digital Assets and Traditional Finance Trump Media & Technology Group Corp. (TMTG), in partnership with Crypto.com and Yorkville America Digital, has signed a binding agreement to launch Exchange-Traded Funds (ETFs) under its FinTech brand, Truth.Fi. These ETFs will integrate digital assets with U.S. securities, focusing on […]
Read MoreDeFi Development Corp. Pours $11.5M into Solana, Rebrands from Janover Inc.
DeFi Development Corp. Boosts Solana Investment by $11.5M, Rebrands from Janover DeFi Development Corporation, formerly known as Janover Inc., has made a significant leap into the cryptocurrency arena, investing an additional $11.5 million in Solana (SOL). This move brings their total Solana holdings to 317,273 SOL, valued at approximately $48.2 million. Alongside this investment, the […]
Read MoreDiffuse Unlocks $25B on Ethereum L2s with Cross-Chain Innovation
As $25 Billion Remains Locked on L2s, Diffuse Shows How That Capital Could Do More Over $25 billion in assets are currently locked on Ethereum’s Layer 2 platforms, unable to contribute to broader network security or generate additional yields. Diffuse, a new protocol, aims to unlock this potential using cross-chain technology. The zkServerless architecture ensures […]
Read MoreAsia’s Crypto Scene: Calm Amid U.S. Tariffs, Embracing Trump’s Crypto Shift
Asia’s Crypto Communities: Navigating U.S. Tariffs and Trump’s Crypto Embrace Asia’s crypto communities are closely monitoring recent U.S. policy shifts, from tariffs to President Trump’s newfound interest in cryptocurrencies. This article delves into the diverse perspectives across China, Hong Kong, Japan, and South Korea, with insights from experts Emily Parker and Yat Siu. China’s calm […]
Read MoreBitget’s VOXEL Glitch: Chaos, Compensation, and Crypto’s Challenges
Bitget’s VOXEL Glitch: Navigating the Chaos and Its Aftermath Bitget, a prominent cryptocurrency exchange, faced a significant trading glitch involving VOXEL/USDT perpetual contracts on April 20, leading to extraordinary price spikes and trading volumes. This incident sparked a frenzy, prompting Bitget to initiate transaction rollbacks, account recoveries, and compensation efforts for affected traders. The glitch, […]
Read MoreCoinbase Explores U.S. Banking License: Bridging Crypto and Traditional Finance
Coinbase Eyes U.S. Banking License, Signaling a New Era for Crypto and Traditional Finance Coinbase, a leading cryptocurrency exchange, is actively considering applying for a U.S. banking license, reflecting a broader trend among crypto firms to integrate with traditional finance. Coinbase considers U.S. banking license Access to Federal Reserve protections and deposit insurance Similar moves […]
Read MoreCentbee Wallet Sync Issues Spur Call for Personal Agency in Crypto
The Age of Agency: Empowering the Individual in the Crypto Era Centbee wallet users are currently facing syncing issues due to delays in the Teranode infrastructure upgrade, highlighting the urgent need for personal agency in the cryptocurrency world. Centbee wallet syncing issues due to Teranode delay Importance of personal agency and proactive solutions AI as […]
Read MoreU.S. Bitcoin Miners Battle Tariffs and ETF Rivalry: Strategies and Outlook
Bitcoin Miners in the U.S. Face Tariff Hurdles and ETF Competition: A Deep Dive into the Challenges and Strategies U.S. Bitcoin miners are contending with high import tariffs on their equipment and a shift in investor interest towards Bitcoin ETFs, putting significant pressure on an industry struggling with low profitability. U.S. miners face 24-46% tariffs […]
Read MoreECB Warns of Financial Chaos from Trump’s Stablecoin Push in Europe
Central Bank Warns Trump’s Crypto Push Could Spell Disaster for Europe The European Central Bank (ECB) is raising alarms about potential disruption to the European financial system due to Donald Trump’s aggressive promotion of dollar-backed stablecoins in the United States. These concerns, dismissed by the European Commission as overblown, stem from Trump’s full-throttle embrace of […]
Read MoreAI-Driven Crypto Scams Surge, Causing $200M Losses in Q1 2025
AI-Driven Crypto Scams Cause $200M in Losses in Q1 2025 The cryptocurrency world has been rocked by a staggering $200 million in losses due to AI-driven scams in the first quarter of 2025. These sophisticated scams combine blockchain exploitation with deepfake technology, creating a deceptive environment that has ensnared many unsuspecting users. Over $200 million […]
Read MoreUpexi’s $100M Solana Bet and Solaxy Launch: Crypto Game-Changer?
Upexi’s $100M Bet on Solana and the Rise of Solaxy: A Game-Changer for Crypto? Solana is gaining momentum with significant institutional backing from companies like Upexi and ARK Invest, alongside the launch of Solaxy, its first Layer 2 solution, signaling a promising future for the blockchain. Upexi allocates 95% of $100M to Solana treasury ARK […]
Read MoreU.S. Government to Boost Bitcoin Reserves in 2025, Predicts Galaxy Executive
Galaxy Executive Predicts U.S. Government Will Boost Bitcoin Reserves in 2025 Alex Thorn, head of research at Galaxy Digital, has made a bold prediction that the U.S. government will ramp up its Bitcoin holdings in 2025 to strengthen the Strategic Bitcoin Reserve (SBR). U.S. government to purchase Bitcoin for SBR in 2025 Executive order prohibits […]
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