Elon Musk Says Bitcoin Is Based on Energy, Which Is Impossible to Fake
Tesla and Spacex CEO Elon Musk said on Oct. 14 on X that bitcoin is based on energy, contrasting it with fiat currencies that governments can inflate. His remark was…
UK Financial Giant IG Group Launches Crypto Trading for Retail Investors
UK financial giant IG Group, a leading FTSE 250 trading platform, is launching cryptocurrency trading for retail investors—becoming the first UK-listed company to offer such services. Customers can buy, sell,…
US-Mexico Transfers Accelerated by XDC-Bitso Blockchain Rail
In a strategic move to overhaul U.S.-Mexico remittance flows, XDC Network has joined forces with Bitso Business to deploy a blockchain-based payment framework designed for rapid, low-cost, and secure cross-border…
Kraken Launches FX Perpetual Futures With 20x Leverage on EUR, GBP Pairs
Crypto exchange Kraken has launched FX perpetual futures (FX perps) on its Kraken Pro platform, introducing real-time trading for EUR/USD and GBP/USD pairs with up to 20x leverage. These instruments,…
Millions in SOL at Stake: Solana Co-Founder Hit With Fraud Lawsuit by Ex-Wife
Stephen Akridge, a co-founder of blockchain platform Solana, faces a lawsuit from his ex-wife, Elisa Rossi, alleging he misappropriated millions in solana (SOL) token profits. Rossi claims Akridge exploited his…
Crypto Scam Busted—Victims One Step Closer to Justice
A South Lake Tahoe man, Daniel Chartraw, 51, faces a 12-count federal indictment for wire fraud linked to a cryptocurrency trading scheme, per U.S. Attorney Phillip A. Talbert. Arrested recently,…
US Charges 2 Men in $22 Million NFT Rugpull Crypto Fraud Scheme
Two Southern California men, Gabriel Hay and Gavin Mayo, face charges for allegedly defrauding investors of over $22 million in cryptocurrency through fraudulent NFT and digital asset schemes. The indictment…
Prison Time Looms for Bitcoin Trader—Justice or Crypto Clampdown?
A Massachusetts man, Alan Joseph, 36, has been convicted of operating an unlicensed money transmission business and laundering funds after converting cash linked to counterfeit goods into bitcoin, Homeland Security…
China Prepares for Western Sanctions With Russia’s Economic Blueprint
China is closely studying Russia’s strategies for countering Western sanctions, viewing the situation as a model for preparing against similar economic measures in case of a Taiwan conflict. Beijing has…
Hong Kong Exposes Crypto Firms Misrepresenting as Licensed Banks
The Hong Kong Monetary Authority (HKMA) has issued a warning about the misuse of the term “bank” by overseas crypto firms operating in Hong Kong, cautioning the public to verify…