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Ripple CEO’s Meeting with Sen. Lummis Canceled Amid XRP FUD and Political Tensions
Ripple CEO Snubbed by Lummis: XRP FUD Fuels Crypto Drama – Ripple CEO’s meeting with Sen. Lummis canceled. – Speculation of influence by Lummis’ Bitcoin maximalist son-in-law. – Ripple’s negotiations to acquire Circle amidst stablecoin legislation debate. – SEC settlement denial adds to Ripple’s legal woes. – Political tensions highlighted by Ripple’s donations. What happens […]
Read MoreCrypto Ownership in Singapore Drops to 29% in 2024 Amid Portfolio Rebalancing
Crypto Ownership in Singapore Plummets in 2024 as Investors Rebalance Portfolios Singapore’s crypto market saw a sharp decline in ownership in 2024, dropping from 40% to 29%. This significant shift, detailed in the 2025 Independent Reserve Cryptocurrency Index (IRCI), shows that half of the country’s crypto holders sold their assets. Despite the sell-off, optimism persists […]
Read MoreMichigan House Unveils 4 Bills to Propel Bitcoin and Crypto Adoption
Michigan House Proposes Four New Bills to Boost Bitcoin and Crypto Adoption On May 21, 2025, Michigan took a leap into the digital future with the introduction of four bills designed to clarify and promote the use of Bitcoin and other digital assets. This move not only reflects the state’s commitment to embracing the potential […]
Read MoreMicrosoft Blocks Over 2,300 Sites to Crush Lumma Stealer Malware Threatening Crypto Users
Microsoft Strikes Back: Over 2,000 Sites Blocked in Fight Against Lumma Stealer Malware Microsoft has taken decisive action against the notorious Lumma Stealer malware, blocking over 2,300 associated websites to protect cryptocurrency users from a surging wave of cybercrime. Microsoft blocks 2,300+ Lumma-linked sites Lumma infects over 394,000 Windows devices Global crypto theft hits $51 […]
Read MorePakistan Launches PDAA to Regulate Crypto and Boost Digital Finance
Pakistan’s Bold Leap into Crypto: Introducing the Pakistan Digital Assets Authority (PDAA) Pakistan has taken a major step forward in embracing blockchain and cryptocurrency with the establishment of the Pakistan Digital Assets Authority (PDAA). PDAA to regulate digital assets Aims to attract global investment Engages with global crypto leaders Approved by the Ministry of Finance, […]
Read MoreWhite House Crypto Advisor: Stablecoin Regulation Could Boost U.S. Debt by Trillions
White House Crypto Czar David Sacks: Stablecoin Clarity Could Trigger Trillions for U.S. Debt David Sacks, President Trump’s advisor on crypto and AI, suggests that the passage of the GENIUS Act, a bill aimed at regulating stablecoins, could lead to a significant demand for U.S. Treasuries, potentially injecting trillions into the U.S. debt market. GENIUS […]
Read MoreSafeMoon CEO Convicted in $8B Crypto Fraud, Faces 45 Years
SafeMoon’s $8B Crypto Collapse: CEO Convicted in Massive Fraud, Faces 45-Year Sentence Braden Karony, the former CEO of SafeMoon, has been convicted of wire fraud, securities fraud, and money laundering, marking the end of a once-promising DeFi project that reached an $8 billion market cap before crashing spectacularly. – Braden Karony convicted of fraud and […]
Read MoreVivek Ramaswamy’s Firm Buys 75,000 BTC from Mt. Gox, Forms New Treasury Company
Billionaire Vivek Ramaswamy’s Bold Move: Acquiring 75,000 Bitcoin from Mt. Gox Billionaire Vivek Ramaswamy’s Ohio-based financial services firm Strive, in a strategic partnership with 117 Castell Advisory Group LLC, has announced plans to acquire 75,000 Bitcoin claims from the bankrupt Mt. Gox estate. This acquisition, valued at over $8.2 billion, aims to establish the first […]
Read MoreASIC Challenges Block Earner’s Crypto Yield Ruling in High Court Showdown
ASIC Appeals to High Court Over Block Earner Crypto Yield Product Ruling The Australian Securities and Investments Commission (ASIC) is taking its fight against fintech company Block Earner to the High Court, challenging the Full Federal Court’s ruling that Block Earner’s “Earner” product is not a financial product under Australian law. This legal battle could […]
Read MoreSEC Reviews BlackRock’s Ethereum ETF Proposal with In-Kind Redemptions
SEC Acknowledges BlackRock’s In-Kind Redemption Proposal for Ethereum ETF Could BlackRock’s proposed Ethereum ETF change the game for crypto investors? The U.S. Securities and Exchange Commission (SEC) has taken a significant step by acknowledging BlackRock’s proposal for in-kind redemptions in its spot Ethereum ETF, sparking optimism and signaling a potential shift in the regulatory landscape. […]
Read MoreEx-Safemoon CEO Convicted of Fraud: A Stark Warning for Crypto
New York Jury Convicts Ex-Safemoon (SFM) Executive on All Charges In a stunning courtroom defeat, Braden John Karony, the former CEO of SafeMoon (SFM), has been convicted of defrauding investors out of millions. The verdict, handed down after a two-week trial, exposes the dark underbelly of the cryptocurrency world, where promises of locked liquidity can […]
Read MoreTrump’s Memecoin Dinner Triggers Political Backlash and Legislative Pushback
Trump’s Memecoin Dinner Sparks Political Backlash Over Crypto Ties President Donald Trump’s recent decision to host a dinner with top memecoin investors at his Trump National Golf Club has ignited a political firecracker, drawing sharp criticism from figures like Representative Maxine Waters. Memecoins, often created as a joke or for promotional purposes, have become a […]
Read MoreCrypto Startup Founder Faces 82 Years for $1M Fraud: A Cautionary Tale
Crypto Startup Founder Charged with $1 Million Fraud: A Warning to Investors Jeremy Jordan-Jones, the founder of the now-defunct crypto startup Amalgam, faces charges for allegedly defrauding investors out of over $1 million in a scheme that highlights the risks in the crypto space. Jeremy Jordan-Jones charged with defrauding investors of over $1 million. Amalgam […]
Read MoreProsecutors Stand Firm on FinCEN Opinion in Tornado Cash Case: Brady Violation Alleged
Prosecutors Defend Withholding FinCEN Opinion in Tornado Cash Case Federal prosecutors are standing firm on their decision not to disclose a Financial Crimes Enforcement Network (FinCEN) opinion in the legal battle against Tornado Cash developer Roman Storm, igniting a massive debate over potential Brady violations and the murky waters of cryptocurrency regulation. Allegations of Brady […]
Read MoreTom Emmer Reintroduces BRCA to Protect Blockchain Innovators from Regulatory Overreach
Tom Emmer’s Bill Shields Blockchain Innovators from Regulatory Overreach On May 21, 2025, U.S. Representative Tom Emmer, alongside Congressman Ritchie Torres, reintroduced the Blockchain Regulatory Certainty Act (BRCA). This critical legislation seeks to protect blockchain developers and service providers from being improperly labeled as financial service providers if they do not custody user funds. The […]
Read MoreCFTC Faces Leadership Crisis: Four Commissioners to Depart, Impacting Crypto Regulation
CFTC Faces Leadership Vacuum Amid Crypto Regulatory Transition The U.S. Commodity Futures Trading Commission (CFTC), tasked with steering the regulation of the cryptocurrency industry, is navigating turbulent waters with four out of five commissioners set to depart. This leadership vacuum could delay the CFTC’s efforts to provide much-needed regulatory clarity in the rapidly evolving crypto […]
Read MoreHong Kong Passes Stablecoin Bill, Aims for 2025 Licensing Regime
Hong Kong Passes Stablecoin Bill, Sets Licensing Regime for 2025 With stablecoin growth soaring by over 500% in the past year, Hong Kong has taken a bold step forward, passing a bill that not only aims to regulate this booming sector but also positions the city as a global leader in digital finance innovation. This […]
Read MoreBitcoin Surges to 5th-Largest Asset, Overtakes Amazon at $110K
Bitcoin Surges Past Amazon to Become Fifth-Largest Global Asset – Bitcoin reaches new high of $110,000, market cap hits $2.205 trillion. – Institutional demand and favorable political climate fuel Bitcoin’s rise. – BlackRock’s iShares Bitcoin Trust (IBIT) sees massive inflows, holding 3.3% of all BTC. On Bitcoin Pizza Day, the cryptocurrency didn’t just celebrate its […]
Read MoreSam Altman’s Worldcoin Secures $135M for U.S. Expansion, Targets 180M Americans
Sam Altman’s Worldcoin Raises $135M to Boost U.S. Expansion Worldcoin, spearheaded by Sam Altman, has secured a hefty $135 million to fuel its ambitious plans for U.S. expansion. The project’s native WLD token experienced a 14% surge following the announcement, and the team sets its sights on onboarding over 180 million Americans by 2025. Worldcoin […]
Read MoreVanEck’s Avalanche Fund Signals Institutional Crypto Adoption Surge
VanEck Launches Avalanche Ecosystem Fund: A New Era for Institutional Blockchain Investment VanEck, a titan in the investment management world, has announced the launch of an Avalanche ecosystem fund, marking a significant plunge by traditional finance into the decentralized realm. This move underscores the growing appeal of blockchain technology and sets the stage for the […]
Read MorePakistan Launches PDAA to Regulate $25B Crypto Market, Aims for Web3 Hub
Pakistan Launches Digital Asset Authority to Regulate $25B Crypto Market Pakistan introduces PDAA to regulate $25B crypto market PDAA oversees Bitcoin, stablecoins, tokenized assets, wallets, DeFi International support from WLF and Binance founder CZ Aims to attract global firms and foster Web3 innovation Pakistan is making a strategic leap into the world of cryptocurrency by […]
Read MoreTexas Passes Strategic Bitcoin Reserve Bill, Aims to Establish Digital Gold Standard
Texas Senate and House Pass Strategic Bitcoin Reserve Bill: A Step Closer to Digital Gold Texas has taken a significant leap into the world of cryptocurrencies by passing the Strategic Bitcoin Reserve Bill (SB21). With this move, Texas becomes the second state in the U.S., following New Hampshire, to establish such a reserve. The bill […]
Read MoreFeds Probe Hailey Welch After $400M HAWK Meme Coin Plummets 90%
Feds Investigate Hailey Welch After $400M HAWK Meme Coin Crash Hailey Welch, the internet sensation known as the “Hawk Tuah Girl,” faced a federal investigation after the HAWK meme coin she was associated with plummeted over 90% from a $400 million market cap peak, leaving investors reeling and prompting a probe by the FBI and […]
Read MoreCrypto Founder Kidnapped in Uganda: $500K Forced Transfer Raises Global Security Alarms
Crypto Founder Kidnapped in Uganda: $500K Forced Transfer Highlights Security Concerns – Kidnapping of Crypto Founder – Impact on Afro Token – Global Security Concerns On the evening of May 17, 2025, Festo Ivaibi, the founder of Mitroplus Labs and Afro Token, was ambushed near his home on Bunamwaya Road in Kampala, Uganda. The assailants, […]
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