Finance News – Global Crypto
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U.S authorities charge two crypto founders in $650 million scam
Authorities allege that the two individuals operated a fraudulent cryptocurrency scheme that resulted in substantial financial losses for numerous investors, highlighting the risks...
Read Full Article →CRO price posts 20% single-day rally on inclusion in Trump Media-backed ETF, eyes $0.105
The recent announcement of CRO’s addition to a Trump Media-supported ETF triggered a significant one-day increase in its value, highlighting renewed investor interest and potential...
Read Full Article →Bitcoin lacks ‘sustained momentum’ for new high as traders are hesitant
Despite recent interest, Bitcoin's price movement remains subdued, reflecting cautious investor behavior that limits significant upward progress beyond its previous peak in the cry...
Read Full Article →SharpLink Gaming pops 28% as Ethereum holdings surpass $533M
SharpLink Gaming's substantial increase in Ethereum assets, now exceeding $533 million, reflects a strategic move toward staking that could impact its financial position and market...
Read Full Article →Japan’s Remixpoint says it raised $215 million to expand bitcoin treasury
Remixpoint’s recent $215 million funding aims to increase its bitcoin holdings significantly, following a strategic approach similar to other companies that have successfully grown...
Read Full Article →US charges 2 men over $650M OmegaPro crypto scam
US authorities accused two individuals of orchestrating a cryptocurrency scheme involving OmegaPro, which reportedly enticed investors with unrealistically high returns totaling ov...
Read Full Article →Are Bitcoin treasury companies a new bubble akin to the ICO boom? Critics and industry leaders see s...
The rising popularity of firms holding large Bitcoin reserves has raised concerns among experts about a potential market surge comparable to previous speculative investment phases,...
Read Full Article →Aevo unveils platform offering 1000x leverage on select stocks like MSTR and CRCL
Aevo’s new offering enables traders to access extremely high leverage on certain tokenized equities, potentially amplifying both gains and risks in decentralized derivatives market...
Read Full Article →US sanctions network aiding North Korean IT workers in targeting crypto companies
The Treasury Department's sanctions aim to disrupt financial channels supporting individuals and organizations involved in cyber activities that threaten the stability of cryptocur...
Read Full Article →Crypto Traders Mint Millions From Grok Glitching on 'MechaHitler'
A technical error involving MechaHitler allowed cryptocurrency traders to generate substantial profits by exploiting the glitch, highlighting the financial impact of vulnerabilitie...
Read Full Article →South Korea to reclassify crypto firms as startups eligible for tax cuts and other benefits
The proposed legal change in South Korea aims to provide emerging digital asset companies with financial incentives by officially recognizing them as innovative ventures eligible f...
Read Full Article →OpenSea acquires Rally Wallet to expand mobile and token trading capabilities
OpenSea's acquisition of Rally Wallet represents a strategic investment to enhance its mobile platform and increase engagement in token trading, potentially leading to expanded use...
Read Full Article →Key Market Dynamic Keeps Bitcoin, XRP Anchored to $110K and $2.3 as Ether Looks Prone to Volatility
The recent price surge in Ether has placed it in a negative gamma state, potentially leading to greater price fluctuations, while Bitcoin and XRP remain stable around their current...
Read Full Article →Bitwise calls ETH, SOL, XRP, LINK the ‘cleanest’ plays as tokenization narrative builds
Analysts from Bitwise suggest that increasing tokenization adoption may generate greater financial impact than other cryptocurrency trends, highlighting certain tokens as particula...
Read Full Article →New Zealand to Ban Crypto ATMs, Cap Transfers in AML Regime Shake-Up
New Zealand’s decision to restrict cryptocurrency kiosks and limit transaction amounts aims to strengthen anti-money laundering measures and address increasing risks associated wit...
Read Full Article →Ripple’s RLUSD stablecoin hits $500 million market cap within seven months of launch
Ripple's RLUSD stablecoin achieved a market valuation of $500 million in under seven months, highlighting rapid growth as the company pursues a U.S. banking license for regulatory...
Read Full Article →Robinhood Says OpenAI Stock Tokens Backed by Special Purpose Vehicle
Robinhood announced that the OpenAI stock tokens are supported by a dedicated legal entity, offering investors a way to gain comparable market exposure without owning actual shares...
Read Full Article →OmegaPro Founder and Co-Conspirator Charged by U.S. DOJ in $650M Ponzi Scheme
The U.S. Department of Justice has brought charges against key individuals behind OmegaPro for their involvement in a fraudulent investment scheme that allegedly defrauded investor...
Read Full Article →Inside North Korea's Hiring Scams Targeting Crypto Firms
The increasing use of deceptive hiring practices involving Europeans by North Korean actors poses growing risks for cryptocurrency companies, potentially leading to significant fin...
Read Full Article →Bitcoin lacked mass media coverage in Q2: Report
Limited exposure to Bitcoin in prominent financial publications during the second quarter may have influenced investor interest and market dynamics, reflecting its evolving role wi...
Read Full Article →XRP Clears $2.28 on Breakout Volume, Eyes $2.30 on Ripple's Banking Charter Push
XRP experienced a significant price increase fueled by high trading activity, reflecting investor interest as Ripple advances efforts to obtain a banking charter, potentially influ...
Read Full Article →New Zealand to ban crypto ATMs in broader efforts to combat money laundering
The restriction on digital currency machines in New Zealand aims to reduce illegal financial activities, potentially impacting the accessibility and transactions within the emergin...
Read Full Article →Crypto traders ‘starting to salivate’ as Bitcoin inches back toward $110K
Market sentiment has improved notably, with social media discussions showing increased optimism among traders anticipating Bitcoin's potential rise beyond the $110,000 mark, indica...
Read Full Article →Bitcoin, Ether, Solana, XRP ETFs See Record AUM as Traders Warn of ‘Summer Lull’
Investors increased their holdings in cryptocurrency ETFs last week, pushing total assets under management to a new peak of $188 billion amid concerns about potential reduced tradi...
Read Full Article →US sanctions North Korean tech worker crew over crypto thefts
The recent actions highlight how North Korea increasingly leverages insider threats within technology firms to generate illicit cryptocurrency income, posing significant risks to f...
Read Full Article →Grok Glitch Inspires Wave of ‘MechaHitler’ Meme Coins
The unexpected behavior of Grok AI has led to increased activity in the cryptocurrency market, generating numerous meme-based tokens across Solana and Ethereum platforms with notab...
Read Full Article →Eigen Labs lays off 25% of workforce to focus on EigenCloud: report
Eigen Labs is reducing its staff by a quarter to reallocate resources and prioritize development and growth efforts on its recently introduced cloud-based service, EigenCloud.
Read Full Article →Goblintown Heads to the Trenches With Solana Meme Coin Launch
The introduction of GOB on the Solana platform represents a strategic effort by Goblintown’s creator to explore alternative avenues for meme coin launches, potentially impacting ma...
Read Full Article →Polymarket Rules 'No' on $237M Controversial Bet Over Zelenskyy's Suit
The decision to invalidate the $237 million wager has raised concerns about the effectiveness of UMA’s arbitration process and the potential impact of major investors on Polymarket...
Read Full Article →Asia Morning Briefing: Bitcoin Stalls Near $109K as Market Waits for a Catalyst
Bitcoin's recent price plateau around $109,000 reflects shifting investor interest toward established large-cap and meme cryptocurrencies, while mid-level tokens experience reduced...
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