Latest Crypto Industry News and Insights
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 […]
Read MoreRetired Artist Loses $2M in Crypto to Coinbase Impersonators: Security Breach Exposed
Coinbase Impersonators Swindle Retired Artist Out of $2 Million in Crypto Ed Suman, a 67-year-old retired artist, expected his golden years to be a time of peace and creativity. Instead, he became the victim of a cunning scam, losing over $2 million in Bitcoin and Ether to fraudsters impersonating Coinbase support staff. This incident not […]
Read MoreJapanese 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 […]
Read MoreQueensland 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 […]
Read MoreNew 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 […]
Read MoreYat 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 […]
Read MoreCrypto 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 […]
Read MoreBlum 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 […]
Read MoreMilei 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 […]
Read MoreHong 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 […]
Read MoreBlum 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 […]
Read MoreEuropol 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 […]
Read MoreSouth Korean Woman Sentenced to 2 Years for $500K Crypto Theft
South Korean Woman Jailed for Two Years Over $500,000 Crypto Theft $500,000 stolen in crypto and cash Theft in Jeju City, escape to Gumi Repeat offender with fraud history Rising trend of crypto crimes in South Korea In a stunning case of betrayal, a South Korean woman in her 40s was sentenced to two years […]
Read MoreAlchemy Acquires DexterLab to Boost Solana Infrastructure Amid Soaring Transaction Volume
Alchemy Acquires DexterLab: A Bold Move to Dominate Solana Infrastructure Alchemy has pulled off a stunning acquisition of DexterLab to turbocharge its Solana ecosystem capabilities. Solana’s transaction volume has soared past Ethereum’s, and this move underscores the critical need for high-performance infrastructure to fuel Solana’s growth. Alchemy acquires DexterLab to enhance Solana ecosystem. Solana’s transaction […]
Read MoreGnosis Buys HQ.xyz for $14.95M, Perpl Secures $8.25M in Crypto Funding Surge
Crypto VC Funding Surge: Gnosis Acquires HQ.xyz for $14.95M, Perpl Raises $8.25M Over $73 million was invested in various blockchain projects during the week of May 11-17, 2025, showcasing continued enthusiasm for DeFi, gaming, and other ecosystem-specific initiatives. The most significant deal saw Gnosis, a German Web3 infrastructure firm, acquire HQ.xyz, a Singapore-based on-chain business […]
Read MoreMeta Battles Scam Epidemic on Instagram and Facebook: New Tech and Partnerships Deployed
Epidemic of Scams on Meta Platforms: A Growing Concern Meta, the parent company of Instagram and Facebook, is grappling with a significant rise in scam activities across its platforms. Labeled as an “epidemic,” these scams are affecting various industries and prompting Meta to explore advanced solutions and partnerships. However, challenges persist, including concerns from financial […]
Read MoreAFP Seizes $4.5M in Assets from Hacker Shane Duffy, Including 25 Bitcoins
AFP Seizes $4.5 Million in Assets from Convicted Hacker Shane Duffy The Australian Federal Police (AFP) have struck a major blow against cybercrime, confiscating $4.5 million in assets from Shane Duffy, a 32-year-old hacker from Queensland. Among the seized items: a luxurious beachfront mansion, a 2019 Mercedes-Benz sedan, and 25 Bitcoins. This case underscores the […]
Read MoreUnlocking Global Liquidity: The Key to DeFi’s Future – Overcoming Fragmentation
Unlocking Global Liquidity: The Key to DeFi’s Future Decentralized Finance (DeFi) faces a critical challenge: fragmented liquidity across blockchains, with over $400 billion in assets locked in silos. This hinders growth and competition with traditional finance. Fragmented liquidity stifles DeFi’s growth. A global liquidity layer is crucial for DeFi’s evolution. Collaboration and shared infrastructure are […]
Read MoreUK Crypto Firms Face New Trade Reporting Mandate in 2026: Details and Implications
UK to Enforce Mandatory Crypto Trade Reporting in 2026: What You Need to Know Buckle up, UK crypto traders! A seismic shift in regulation is on the horizon. New crypto trade reporting rules in the UK start January 2026. Full names, addresses, and tax IDs required for all transactions. Non-compliance could lead to £300 fines […]
Read MoreHong Kong Police Bust $15M Crypto Money Laundering Ring, 12 Arrested
Hong Kong Police Dismantle $15M Crypto Laundering Syndicate Hong Kong police have cracked down on a sophisticated money laundering operation, arresting 12 individuals and seizing assets linked to $15 million in illicit funds. This operation, based in a Mong Kok apartment, used over 550 sham accounts and cryptocurrency transactions to launder money from fraud cases. […]
Read MoreTexas Senate Bill 21 Nears Passage: State-Managed Bitcoin Reserve on Horizon
Texas Senate Bill 21 Advances: A Step Closer to State-Managed Bitcoin Reserve Is Texas about to take a giant leap into the future of finance? Senate Bill 21, which aims to create a state-managed Bitcoin reserve, is one step away from becoming law. Texas House to conduct second reading of SB 21 on May 20th […]
Read MorePi Network’s Price Plunge Sparks Rug Pull Allegations and Community Distrust
Pi Network Faces Credibility Test After Price Crash and Insider Wallet Activity Pi Network, once hailed as a revolutionary mining solution, is now under scrutiny after its token’s value crashed by over 50% in a week. Allegations of a rug pull by insiders have rocked the community, while the project’s latest announcements at Consensus 2025 […]
Read MoreAlabama Man Gets 14 Months for SEC X Hack, Causing Bitcoin Price Chaos
Alabama Man Sentenced for SEC X Hack: The Impact on Bitcoin Price and Market Manipulation Eric Council Jr., a 26-year-old from Huntsville, Alabama, has been sentenced to 14 months in prison for orchestrating a SIM-swap attack that compromised the SEC’s official X account. This attack led to a false announcement about the approval of spot […]
Read MoreCoinbase Hack Exposes PayPal Mafia’s Roelof Botha, Stock Soars 9%
Coinbase Breach Strikes PayPal Mafia Royalty, Sequoia Capital Boss Coinbase, the largest U.S. cryptocurrency exchange, suffered a security breach that compromised the personal data of high-profile individuals, including Sequoia Capital’s Managing Partner Roelof Botha. The hackers bribed customer service representatives in India to access sensitive information. Despite the breach, Coinbase’s stock price rose 9%, reflecting […]
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