Meta Rolls Out USDC Payouts for Creators, Targets Global Expansion
Meta (Facebook), a US tech giant, is all set to launch USDC payouts for creators on its platforms in Colombia and the Philippines, and then extend to other nations. The…
Prosecutors Seek 20-Year Sentence for Delio CEO in $169M Crypto Fraud Case
Prosecutors in South Korea have sought a 20-year jail term for Delio’s CEO, describing the alleged fraud as “massive” and targeting thousands of investors. Yonhap, a Korean news agency, reports…
US Tightens Grip on Iran with $500M Crypto Seizure Drive
In a broad economic pressure campaign against Tehran, the United States has seized cryptocurrency assets from Iran valued at almost $500 million, according to the U.S. Treasury Secretary Scott Bessent’s…
Fake HSBC, Anchorpoint Tokens Emerge Ahead of Hong Kong Stablecoin Launch
In the lead-up to the formal debuts of their products, scammers have released phony tokens pretending to be HSBC and Anchorpoint Financial, two of the recently approved stablecoin issuers in…
Retail Traders Power $25B Surge in Crypto Prediction Markets
Retail users are the ones driving most activity in prediction markets, which is making them one of the most active onchain apps. This is happening despite moderate participation throughout much…
Canada Moves to Outlaw Crypto ATMs Amid Rising Scam Cases
In an attempt to curb fraud and money laundering, Canada is contemplating a ban on cryptocurrency ATMs. The nation is worried that these machines are becoming indispensable to scammers. On…
US FTC Slaps Lifetime Ban on Celsius Founder in $10M Settlement
In a settlement with the US Federal Trade Commission (FTC), Celsius founder Alexander Mashinsky agreed to a permanent ban on advertising asset-related products and to pay $10 million as part…
Robinhood Shares Sink After Crypto Trading Revenue Halves in Q1
The shares of Robinhood fell 9.4% in after-hours trading after the company failed to meet analyst projections for Q1 revenue and saw a 50% decrease in cryptocurrency revenue and trading…
Bitmine Crosses 5 Million ETH Mark with $236M Weekly Buy
The ether (ETH) treasury firm Bitmine Immersion Technologies (BMNR), which is headed by Chairman Thomas “Tom” Lee, purchased 101,901 ETH last week, bringing its total holdings of the second-largest cryptocurrency…
Strategy Adds $255M in Bitcoin, Tightens Grip as Top Corporate Holder
Last week, when Bitcoin went over $77,000, Michael Saylor’s Strategy, the biggest public Bitcoin holder in the world, added additional Bitcoin to their holdings. According to a Monday 8-K filing…