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Russian Court Orders Detention of Crypto Game Co-Founder on Fraud Charges
19.5.2025
Russian law enforcement has arrested the co-founder of the crypto game Blum in Moscow as part of a criminal investigation into large-scale fraud. Smerkis Steps Down as Blum CMO Russian law enforcement arrested Vladimir Smerkis, co-founder of the crypto game Blum, in Moscow as part of a criminal...
Latam Insights: Meliuz Purchases 274 BTC in Brazil; Argentine Wallets Face Potential Extinction
18.5.2025
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Meliuz pioneers bitcoin as a corporate reserve asset in Brazil, Argentine crypto wallets face potential extinction, and Ripple launches a pilot to benefit...
Trump’s ‘Big, Beautiful Bill’ Could Push Millions to Crypto
18.5.2025
If Trump’s bill is passed as it stands, it would introduce a 5% tax on remittances affecting over 40 million people. Analysts warn that this could spur the use of alternative options, such as crypto, to ensure these funds reach their destination while avoiding the proposed tax. ‘Big...
SUI Surges After Finding Strong Support at $3.75 Level
18.5.2025
The resilient cryptocurrency shows remarkable recovery amid broader market volatility, establishing higher lows throughout trading session
BNB Trades in Tight Range Amid Decreasing Volatility
18.5.2025
Despite trade wars and Middle East conflict, the cryptocurrency shows resilience with higher lows forming
12 Arrested in HK as Officials Uncover $15M Cash, Crypto Laundering Operation: Report
17.5.2025
Hong Kong police have dismantled a cross-border crime syndicate accused of laundering HK$118 million (US$15 million) through fraudulent bank accounts, arresting a total of 12 individuals in a citywide operation, the South China Morning Post (SCMP) first reported. Crime Syndicate Recruited Mainland...
France to Boost Security for Crypto Entrepreneurs Amid Kidnappings
17.5.2025
In an effort to enhance security for the cryptocurrency industry, the French government said it will provide increased protection for crypto entrepreneurs and their families. Crypto Entrepreneurs to Receive Safety Briefings In a move to protect the crypto industry, the French government said...
Institutional Rush: 5% Is the New 1% for Crypto Portfolios, Says Bitwise
17.5.2025
Crypto is erupting into mainstream finance as major advisory firms embrace digital assets, with billions set to flow and 5% allocations becoming the new norm, Bitwise says. The ‘Big Unlock’ Is Happening—Billions Poised to Shift Across Wealth Portfolios Bitwise Asset Management’s chief...
Franklin Templeton Launches Singapore’s First Tokenized Fund for Retail Investors
16.5.2025
Franklin Templeton has received approval from Singapore’s central bank to launch a tokenized money market fund, the first of its kind for retail investors in the country. The move marks a significant step in integrating blockchain with traditional finance. Regulatory Greenlight...
Former Rep. McHenry: Gensler’s Anti-Crypto Stance Tied to Senate Politics
16.5.2025
Patrick McHenry, who served as chairman of the House Financial Services Committee from 2023 to 2025, explained that the private opinion of former SEC Chair Gary Gensler on cryptocurrency differed from his public actions. He attributed Gensler’s anti-crypto stance to progressive ideology...
Cyber Gang Spent $4M on Nightclubs, $9M on Exotic Cars in $263M Crypto Fraud, DOJ Says
16.5.2025
U.S. authorities have charged 12 additional defendants in a sprawling RICO conspiracy involving over $263 million in cryptocurrency thefts, money laundering, and coordinated home invasions, according to a superseding indictment unsealed this week. DOJ: Crypto Crime Ring Laundered $263M via Mixers...
Crypto Trading Firm and OTC Desk Wintermute Enters US Market
15.5.2025
Wintermute, a global algorithmic crypto trading firm and over-the-counter (OTC) desk, opened its U.S. headquarters in New York City on May 15, 2025, and appointed former Blockchain Association lobbyist Ron Hammond as head of policy and advocacy. Crypto Liquidity Provider Wintermute Sets Up New York...
Eric Trump Says He Got Into Crypto Amid Political Attack, Calls Bitcoin 'Digital Gold'
15.5.2025
He became interested in cryptocurrency when politics connected the Trump family with the crypto community
Hype Backfires? Pi Network Token Price Crumbles After Key Announcement
15.5.2025
Shortly after Pi Network announced the launch of a $100 million investment fund, the platform’s token, Pi, plummeted over 25% within 24 hours, dropping to $0.85. Pi Network Accused of Creating Hype to Boost Token Price On May 14, Pi Network announced the launch of a $100 million investment...
The Argentine Crypto Wallet Ecosystem Is at Risk: What’s Happening?
15.5.2025
A transactional tax established in 2001 puts the Argentine crypto wallet ecosystem at risk, creating disadvantages compared to traditional financial institutions like banks. The industry expects President Milei to rectify this measure, but that has not happened yet. Argentine Crypto Wallet...
QCP Insights: Crypto Surges as US-Saudi Trade Deal Sparks Market Rebound
15.5.2025
A historic $600 billion trade agreement between the U.S. and Saudi Arabia has triggered a market-wide rebound, with crypto assets outperforming traditional equities. Bitcoin is now hovering near all-time highs as investor risk appetite returns ahead of Coinbase’s S&P 500 debut. Digital Assets...
US Community Banks Are Shrinking—Crypto Could Be the Cure, Says Digital Chamber
15.5.2025
U.S. community banks face extinction-level risk as they ignore crypto rails and real-time payment tech, warns top digital asset advocate. Crypto Offers Lifeline as US Community Banks Continue to Shrink Cody Carbone, newly appointed chief executive officer of the Digital Chamber, voiced concern...
Tax on Unrealized Crypto Gains Could Trigger Forced Sell-offs, Senators Warn Treasury
15.5.2025
Senators push Treasury to shield U.S. crypto firms from devastating tax on unrealized gains, warning of risk to digital asset leadership. Treasury Pressured to Act Fast as Unrealized Crypto Gains Face Tax Storm U.S. Senator Cynthia Lummis (R-WY) and Senator Bernie Moreno (R-OH) are calling on...
Masked Men Target Cryptocurrency Heiress in Brazen Paris Abduction Bid
13.5.2025
The daughter of a prominent cryptocurrency executive narrowly escaped an attempted kidnapping by masked assailants in central Paris on Tuesday morning, with police linking the incident to organized crime. Paris Anti-Gang Unit Probes Daylight Abduction Attempt Linked to Crypto Industry...
Robinhood to Acquire Canadian Crypto Firm WonderFi for $179M
13.5.2025
WonderFi's platforms, Bitbuy and Coinsquare, bolster Robinhood's international expansion efforts in the crypto market