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Crypto.com and Canary Capital Launch First U.S. Regulated CRO Trust

Crypto.com and Canary Capital Launch Canary CRO Trust: A Bold Leap into Regulated Crypto Exposure Crypto.com is making waves with the launch of the Canary CRO Trust, in partnership with Canary Capital Group, marking the first U.S.-based investment product offering regulated exposure to the Cronos (CRO) token. This move comes amidst a flurry of strategic […]

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Tatsu Works Halts $7.5M Funded Tatsumeeko: Lumina Fates, Shifts to Project: Wander

Blockchain Game Developer Tatsu Works Abandons Tatsumeeko: Lumina Fates After $7.5M Investment In a surprising move, Singapore-based blockchain game developer Tatsu Works has decided to halt the development of its MMORPG-lite game, Tatsumeeko: Lumina Fates, three years after raising $7.5 million in venture funding. Despite initial excitement and positive playtests, the game failed to meet […]

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Texas Proposes First State-Managed Bitcoin Reserve to Boost Crypto Sovereignty

Texas Proposes Strategic Bitcoin Reserve Amid Push for Crypto Sovereignty Texas is making headlines with Senate Bill 21, which proposes the creation of a state-managed Bitcoin reserve, positioning cryptocurrencies as a strategic financial asset and a hedge against economic volatility. This bold initiative could set a precedent for other states and reshape the U.S. crypto […]

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Australian Police Seize $4.5M in Assets from 2013 Bitcoin Heist, Including Mansion and BTC

Australian Federal Police Seize $4.5M in Assets from Decade-Old Bitcoin Theft Assets seized: Luxury mansion, Mercedes Benz, and nearly 25 BTC Investigation sparked: By Luxembourg tip to AUSTRAC Legal basis: Australia’s Proceeds of Crime Act via civil forfeiture Funds repurposed: For crime prevention and law enforcement In a decisive strike against cybercrime, the Australian Federal […]

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Ethereum Pectra Upgrade Boosts Smart Wallets, Market Cap Soars 42%

Ethereum’s Pectra Upgrade Sparks Surge in Smart Wallet Activity and Market Confidence Ethereum’s latest upgrade, Pectra, is shaking things up with a surge in smart wallet activity and a massive boost in market confidence. Here’s why it matters. Pectra upgrade effective from May 7 Surge in smart wallet activity post-EIP-7702 ETH market cap up 42% […]

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CeDeFi: Bridging Web3 Sovereignty and User Convenience for Mass Adoption

Web3 Adoption: Balancing Sovereignty and Convenience with CeDeFi Solutions The web3 industry faces a critical challenge in its quest for mass adoption: balancing the ideal of financial sovereignty with the practical need for user convenience. While self-custody wallets represent the pinnacle of personal control over assets, they often intimidate and confuse users, hindering broader acceptance […]

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Coinbase Hit by Data Breach: Faces Lawsuits, SEC Probe, and $20M Ransom Demand

Coinbase Faces Legal Firestorm Over Data Breaches and Privacy Violations Imagine waking up to find your personal details in the hands of hackers. This nightmare became a reality for thousands of Coinbase users on May 11, 2025, leading to a flurry of legal actions against the exchange. Coinbase, a titan in the U.S. cryptocurrency market, […]

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Russia’s Kraken Dominates Darknet: 68% Surge Amid Global Crypto Decline

Russia’s Kraken Surges 68% Amid Global Darknet Crypto Downturn In 2024, global darknet cryptocurrency sales saw a 15% decline due to heightened law enforcement efforts, but Russia’s darknet market, Kraken, bucked the trend with a 68% increase in crypto transactions, amassing $737 million. This surge positioned Kraken as the leading darknet market by annual revenue […]

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Metaplanet Boosts Bitcoin Holdings by 1,004 BTC, Targets 10,000 by 2024

Metaplanet Continues Aggressive Bitcoin Acquisition, Adds 1,004 BTC Japanese investment firm Metaplanet has intensified its Bitcoin accumulation strategy, purchasing an additional 1,004 BTC for over $104 million. This latest move increases their total holdings to 7,800 BTC, valued at approximately $828 million, establishing Metaplanet as Asia’s top publicly listed corporate Bitcoin holder and 11th globally. […]

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Australian Federal Police Seize $4.5M in Bitcoin and Luxury Assets from Crypto Crime

Luxury Seized: Bitcoin From Exchange Hack Triggers Aussie Mansion Bust Shane Stephen Duffy’s life of luxury came crashing down when the Australian Federal Police (AFP) seized nearly 25 Bitcoin, a waterfront mansion, and a Mercedes-Benz valued at over AUD 4.5 million. This dramatic seizure highlights the growing challenges of cryptocurrency-related crime and the legal mechanisms […]

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Coinbase Sued Over Biometric Data Violations in Illinois: Faces Millions in Penalties

Coinbase Faces Class-Action Lawsuit in Illinois Over Biometric Data Practices Over 10,000 Coinbase users in Illinois are part of a class-action lawsuit that could cost the company millions due to alleged violations of the state’s strict Biometric Information Privacy Act (BIPA). The lawsuit claims that Coinbase has been collecting and storing facial data during its […]

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Vladimir Smerkis Arrested for $15M Crypto Fraud: Impacts Blum and Signals Industry Risks

Arrest of Vladimir Smerkis Linked to $15M Losses in Collapsed Crypto Ventures In a shocking development, Vladimir Smerkis, the former head of Binance Russia, has been arrested in Moscow over a $15 million crypto fraud scandal involving two collapsed ventures, The Token Fund and Tokenbox. Smerkis arrested over $15M fraud linked to The Token Fund […]

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Japanese Hedge Fund Collapse Sparks Blockchain’s Role in Financial Resilience

When the East Buckled, Blockchain Whispered What happens when a respected financial institution crumbles under pressure? The collapse of a Japanese hedge fund on April 8, 2025, due to a risky investment strategy, underscores the urgent need for blockchain technology to enhance financial resilience and transparency. Japanese hedge fund collapses from over-leverage Trump’s tariffs spark […]

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Queensland Man’s Assets Seized Over 2013 Bitcoin Theft: 25 BTC, Mansion, and Car Confiscated

Queensland Man’s Assets Seized in 2013 Bitcoin Theft Investigation In a bold move that showcases the relentless pursuit of stolen cryptocurrencies, authorities in Queensland have seized assets from Shane Stephen Duffy, a local man suspected of involvement in a major Bitcoin theft from a French crypto exchange back in 2013. This operation not only underscores […]

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New Zealand Man Arrested in $265M Global Crypto Scam: FBI Leads to 13 Arrests

New Zealand Man Arrested in $265 Million Crypto Scam A man from Wellington, New Zealand, has been caught in a global dragnet, exposing a $265 million crypto scam that spanned continents and highlighted the dark side of digital currency. The arrest, part of a multinational law enforcement operation, underscores both the potential for vast profits […]

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Yat Siu: Tariffs to Boost Digital Worlds, Gaming Tokens Undervalued

Tariffs to Propel Digital Worlds, Predicts Animoca Co-Founder Yat Siu At TOKEN2049 Dubai, Yat Siu, co-founder of Animoca Brands, unveiled a visionary outlook for Web3 (the next generation of the internet, focusing on decentralization and user control), emphasizing digital property rights, AI integration, and decentralized identities. Siu’s insights not only highlight the potential of digital […]

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Crypto Millionaires Hire Bodyguards Amid Rising Kidnapping Threats: Coinbase Breach Exposes Users

Crypto Millionaires Beef Up Security Amid Rising Threat of Kidnapping: Crypto Security Measures Crypto millionaires hiring bodyguards Coinbase data breach exposing user info Heightened security at crypto events In the high-stakes world of cryptocurrency, where digital wealth can turn you into a prime target, crypto millionaires are increasingly turning to bodyguards for protection against the […]

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Blum Co-Founder Arrested on Fraud Charges, Senate to Debate GENIUS Act, WLFI’s USD1 Integrates Chainlink

Blum Co-Founder Arrested, GENIUS Act Proceeds, Trumps WLFI Integrates Chainlink | Weekly Recap What happens when a high-profile crypto executive is arrested? The crypto world has been buzzing this week with the arrest of Vladimir Smerkis, a former Binance executive and co-founder of the Blum app, on fraud charges. Meanwhile, the U.S. Senate is preparing […]

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Milei and Sister No-Show at $4.5M LIBRA Scam Court Hearing

Milei Siblings Ghost Court in $4.5M LIBRA Scam Hearing In a dramatic twist, Argentine President Javier Milei and his sister Karina Milei vanished from a crucial court hearing regarding the LIBRA meme coin scandal, leaving the public and investors in shock. Their absence, coupled with a lack of legal representation, has intensified the scrutiny surrounding […]

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Hong Kong Busts $15M Crypto Laundering Ring: 12 Arrested

$15m Crypto Laundering Operation Busted in Hong Kong Hong Kong authorities have dismantled a sophisticated cross-border cryptocurrency laundering network, arresting 12 individuals and seizing extensive evidence. This operation, processing approximately HK$118 million (US$15 million) in illicit funds, spotlights the growing challenges of crypto-related crimes worldwide. Hong Kong authorities arrest 12 in crypto laundering bust Operation […]

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Blum Co-Founder Arrested in Russia on $15M Fraud Charges, Shaking Crypto Scene

Russian Authorities Detain Blum Co-Founder on Fraud Charges In a shocking turn of events, Vladimir Smerkis, a former Binance executive and co-founder of the Blum tap-to-earn app, was detained on fraud charges, shaking the foundations of the Blum project. Former Binance executive arrested in Russia Charges stem from alleged fraud at The Token Fund and […]

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Europol Busts Mafia Crypto Bank, Arrests 17 in $23.5M Laundering Operation

Europol Cracks Down on Mafia Crypto Bank: 17 Arrested in Europe-Wide Operation Europol delivered a digital beatdown to a mafia crypto bank, arresting 17 suspects in a multi-country operation that dismantled a network laundering over $23.5 million, primarily for clients in China and the Middle East. Europol arrests 17 in mafia crypto bank takedown Over […]

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