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The UK National Crime Agency revealed that Russian intelligence services utilized a cash-to-crypto network to fund a spy ring connected to former Wirecard executive Jan Marsalek. This network, known as Smart, facilitated the movement of illicit funds using Tether stablecoins to support espionage activities targeting journalists and politicians. Key role of cash-to-crypto networks: These systems […]
Cathie Wood’s ARK Innovation ETF purchased 93,374 Nvidia shares on Thursday following the company’s strong earnings report, marking a return to the stock since August. This move highlights confidence in Nvidia’s AI leadership amid market volatility. ARK’s strategic buy: The ETF added to its existing 1.1 million Nvidia shares, focusing on long-term growth in semiconductors. […]
A major bearish Bitcoin price prediction warns of a potential crash to $10,000 amid signs of a late-cycle reversal. After sliding from $103,000 to $87,000, Bitcoin faces deeper declines if it fails to reclaim $100,000, driven by weakening macro conditions and hidden volatility risks. Bitcoin’s rapid drop from $103,000 to $87,000 signals a possible climax-phase […]
Pi Network’s PI token has rallied 8.78% amid the release of its MiCA compliance whitepaper, outlining low-energy operations and non-custodial wallets for EU regulatory alignment. This development signals potential expansion into European exchanges, boosting liquidity for the mobile-mining cryptocurrency. MiCA compliance whitepaper release: Details Pi Network’s energy-efficient mining and wallet security to meet EU standards. […]
Japan’s stimulus package, approved by Prime Minister Sanae Takaichi, totals ¥21.3 trillion ($135 billion) to address inflation and high living costs, marking the largest extra-budget measure since the pandemic. It focuses on direct household support, tax relief, and defense boosts amid economic pressures. ¥11.7 trillion allocated for direct price relief, including subsidies for utilities and […]
The UK’s Serious Fraud Office (SFO) arrested two individuals in a probe into the Basis Markets collapse, a $28 million crypto fraud case marking the agency’s first major cryptocurrency investigation. This action highlights growing regulatory scrutiny on deceptive crypto schemes from the 2021 boom. SFO conducts raids in London and Yorkshire, arresting men in their […]
Plume, a layer-2 blockchain for real-world assets (RWAs), has partnered with Securitize to deploy institutional-grade tokenized assets on its Nest staking protocol, potentially tripling the RWA market value to over $100 billion by 2026 through expanded utility and user growth. Plume’s Nest protocol enables staking and yield generation on tokenized funds like those from Hamilton […]
FG Nexus sold 10,922 ETH to fund a $200 million share repurchase program, buying back 3.4 million shares at $3.45 each, representing 8% of outstanding shares. This move addresses shares trading below net asset value, aiming to boost shareholder returns amid Ethereum market dynamics. FG Nexus executed a strategic ETH sale to accelerate share buybacks, […]
Over 65 crypto organizations, including Coinbase and Uniswap Labs, are urging President Donald Trump to use executive authority to clarify digital asset regulations without waiting for Congress, aiming to position the U.S. as the global crypto capital through immediate agency actions on taxes, SEC guidance, and DeFi protections. The letter targets the SEC, CFTC, Treasury, […]