Latest Crypto Industry News and Insights
Hong 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 […]
Read MoreFBI Busts $265M Crypto Scam: New Zealand Man Among 13 Arrested
$265 Million Crypto Scam: New Zealand Man Arrested in FBI-Led Probe $265 million stolen from seven victims FBI-led international investigation Lavish spending on luxury goods and properties In a significant development, a Wellington-based man was arrested in Auckland as part of an FBI-led international investigation into a staggering $265 million cryptocurrency scam. This sophisticated operation, […]
Read MoreArgentine Court Probes President Milei in $LIBRA Memecoin Scandal, Lifts Bank Secrecy
Argentine Court Lifts Bank Secrecy on President Milei Amid LIBRA Memecoin Scandal Investigation In a dramatic turn of events, Argentina’s political landscape collides with the volatile world of cryptocurrencies as President Javier Milei faces a court-ordered investigation into the LIBRA memecoin scandal. Court lifts bank secrecy for President Milei and associates LIBRA memecoin surge and […]
Read MoreKhamenei-Linked Crypto Cartels Cause Iran Power Crisis: Hospitals and Factories Suffer
Khamenei-linked Crypto Cartels Accused of Causing Power Outages in Iran Iran faces a dire energy crisis as crypto cartels, allegedly linked to Supreme Leader Ali Khamenei, drain the country’s resources for Bitcoin profits. These operations, involving the Islamic Revolutionary Guard Corps (IRGC), a powerful branch of the Iranian military, have left hospitals and factories in […]
Read MoreFrench Crypto Entrepreneurs Gain Police Protection Amid Rising Kidnapping Threats
Crypto Entrepreneurs in France Now Under Guard After Kidnapping Surge Crypto entrepreneurs in France face heightened security risks as a wave of kidnappings targets the industry. In response, French authorities have implemented new measures to protect these innovators and their families. French authorities enhance security for crypto entrepreneurs due to kidnapping surge. Notable incidents include […]
Read MoreCrypto Millionaires Curse: From Kidnappings to Mysterious Deaths – Is It Real?
From Kidnapping to Murder: Is the Crypto Millionaires Curse Real? The term “crypto millionaires curse” refers to a series of unfortunate events affecting wealthy individuals in the crypto space, leading some to speculate about a pattern of misfortune. From attempted kidnappings to mysterious deaths, these incidents have sparked discussions and conspiracy theories. Attempted kidnapping of […]
Read MorePanama City Hints at Bitcoin Reserve, Inspired by El Salvador’s Crypto Move
Panama City Eyes Bitcoin Reserve Following El Salvador’s Lead Is Panama City set to become the next hub for Bitcoin? Mayor Mayer Mizrachi thinks so, hinting at the establishment of a city-level Bitcoin reserve after discussions with El Salvador’s crypto leaders, Max Keiser and Stacy Herbert. Bitcoin Reserve Hint Crypto Payments Sustainable Mining Educational Initiatives […]
Read MoreMarks & Spencer Data Breach: DragonForce Hack Exposes Thousands
Marks & Spencer Cyber Attack Exposes Thousands of Customers’ Data Marks & Spencer, a major British retailer, has confirmed a cyber attack that compromised the personal data of thousands of its customers. The breach, attributed to the hacking group DragonForce, involved the theft of contact details, dates of birth, and online order histories, but did […]
Read MorePi Network’s Price Crashes 57% Amid Centralization Risks and Token Unlocks
Pi Network’s Price Plummets Amid Centralization Worries Pi Network’s cryptocurrency, Pi Coin, has taken a nosedive, crashing over 57% from its peak to a disheartening $0.7040. As the crypto community grapples with the harsh realities of centralization risks and the looming threat of token unlocks, let’s dive into what this means for the future of […]
Read MoreSaudi Central Bank Buys Into Bitcoin via Strategy, Diversifying Reserves Beyond Oil
Saudi Central Bank Stakes Big on Bitcoin via Strategy: A Bold Move in Global Finance The Saudi Central Bank has decisively entered the Bitcoin market by acquiring a significant stake in Strategy, formerly MicroStrategy, a company renowned for its aggressive Bitcoin investment strategy. This move not only diversifies Saudi Arabia’s financial reserves but also positions […]
Read MoreDoodles NFT Unveils “Lord of the Files”: AI-Driven Office Game with $DOOD Coin
Doodles NFT Launches “Lord of the Files”: A Satirical AI-Powered Office Game Doodles NFT, renowned for its vibrant Ethereum-based collection, has launched “Lord of the Files,” an AI-driven social mini-game set in the fictional town of Dullsville. Players navigate the corporate jungle of Databodata, the fourth-largest data processing firm, to gather content and appease department […]
Read MoreExchange-Traded Notes Surge in Crypto: A Sophisticated Alternative to ETFs
Crypto’s Second Act: The Quiet Rise of Exchange-Traded Notes Exchange-Traded Notes (ETNs) are emerging as a sophisticated alternative to traditional Exchange-Traded Funds (ETFs) in the cryptocurrency space, offering investors more than just price speculation. ETNs provide structured exposure to multiple crypto assets. Europe’s regulatory environment supports ETNs. U.S. regulatory caution limits ETN availability. ETNs may […]
Read MoreCoinbase CEO Rejects $20M Ransom, Offers Bounty After Data Breach
Coinbase CEO Rejects $20M Ransom, Launches Bounty Following Data Breach On May 15, Coinbase faced a cyberattack where attackers demanded a $20 million Bitcoin ransom after compromising customer data through bribed overseas support agents. CEO Brian Armstrong took a firm stance against the hackers, refusing their demands and instead offering a $20 million bounty for […]
Read MoreArvest Bank Data Breach Exposes 7,537 Customers’ Info: What You Need to Know
Billion-Dollar Bank Warns 7,537 Customers After Data Breach Triggers Unauthorized Account Access On April 24, 2025, Arvest Bank, a major US financial institution, experienced a data breach affecting 7,537 customers. The incident occurred during routine system updates, exposing sensitive data including names, account numbers, balances, and activity. 7,537 customers affected Technical glitch on April 24, […]
Read MoreFBI Warns of AI-Powered Phishing Scam Targeting US Officials
FBI Warns of Sophisticated Phishing Scam Targeting Senior US Officials In 2025 alone, phishing scams have cost victims over $1 billion, and a new FBI warning sheds light on a sophisticated operation targeting senior US officials with the help of AI-generated voice messages. FBI warns of phishing scam since April 2025 Fraudsters impersonate senior US […]
Read MoreMax Hamaha Wins WhiteBIT’s ICTC 2025 with Bold Ethereum Strategy
WhiteBIT Crowns World’s First Top Crypto Trader in International Trading Cup Max Hamaha, a Ukrainian trader, has made history by winning WhiteBIT’s International Crypto Trading Cup (ICTC 2025), demonstrating the thrilling potential of competitive crypto trading to captivate audiences worldwide. WhiteBIT hosts ICTC 2025 Max Hamaha wins with Ethereum strategy Event aims to promote blockchain […]
Read MoreCharles Hoskinson Unveils Midnight: A New Blockchain to Slay Crypto’s Three Demons
Cardano Founder Targets Crypto’s Three Demons With Midnight Network Charles Hoskinson, the visionary behind Cardano, unveiled the Midnight network at Consensus 2025, aiming to combat what he calls the “three demons” of the cryptocurrency industry: privacy, economic fragmentation, and “Ponzonomics.” This new blockchain seeks to enhance user privacy, foster cooperative economics across different networks, and […]
Read MoreCoinbase Data Breach Costs Up to $400M, Shakes Crypto Industry
Coinbase Data Breach: A $400 Million Hit Amid Rising Crypto Cyber Threats Coinbase, a leading cryptocurrency exchange, has been hit with a significant data breach expected to cost the company between $180 million and $400 million. This breach, a stark reminder of the cybersecurity challenges in the crypto world, not only carries financial implications but […]
Read MoreTelegram Shuts Down $27B Haowang Guarantee, Yet Dark Markets Thrive
Telegram Crackdown Halts $27B Haowang Guarantee, Dark Markets Persist Telegram’s aggressive move against Haowang Guarantee, a notorious dark market, underscores the relentless battle against cryptocurrency crime. Despite this, the landscape remains challenging as other illicit marketplaces continue to thrive. Haowang Guarantee shut down after Telegram’s intervention $27 billion in USDT transactions processed Over 30 similar […]
Read MoreECB’s Digital Euro: Preserving Cash in the Digital Age with DLT and Privacy Focus
ECB Pushes for Digital Euro to Maintain Cash’s Relevance in Digital Age ECB aims to preserve cash’s role with digital euro Two-thirds of euro area card payments handled by non-European firms Digital euro to offer offline functionality and privacy ECB explores DLT and tokenization for wholesale transactions The European Central Bank (ECB) is taking bold […]
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