Federal authorities arrested three individuals in California for allegedly laundering over $13 million from victims of crypto investment scams known as “pig butchering.” The suspects, including Chinese nationals Mingzhi Li and Zeyue Jia, along with Jun Shi, allegedly created shell companies—Magic Location Trading and Stone Water Trading—to operate unregistered money service businesses that funneled funds
Coinbase has partnered with Onboard Global to offer Nigerian users secure and efficient cryptocurrency trading. Shielding Coinbase from Regulatory Risk Coinbase and Onboard Global have partnered to provide secure and efficient cryptocurrency trading for Nigerian users. The collaboration enables the purchase of cryptocurrency with local currency through a peer-to-peer (P2P) exchange, with streamlined verification and
On its newly released roadmap, the pseudonymous founder of the Telegram-based game Farm Frens, known as Kaizen, said that they will relaunch on the LINE messenger app as the “Season 2 with major improvements” after experiencing trouble on the token generation event (TGE) of $FREN. The launch of Farm Frens on LINE will happen in
The Avalanche Foundation and digital payment firm Rain launched the Avalanche Card on Feb. 26, 2025, enabling users in Southeast Asia, Africa, and Latin America to spend cryptocurrencies through Visa’s global network. Avalanche and Rain Partner to Launch Crypto Card for Conversion-Free Spending The card supports transactions using USDC, USDT, Wrapped AVAX (wAVAX), and AVAX,
Former Binance CEO Changpeng Zhao (CZ) has claimed that a “local player” was responsible for blocking the global cryptocurrency exchange’s efforts to secure regulatory approval in the Philippines. CZ Alleges Local Interference In response to a question on Twitter/X regarding Binance’s licensing status in the country, CZ stated: “As of the last time I had
Aya Miyaguchi has transitioned from executive director to president of the Ethereum Foundation, effective Feb. 25, 2025, as part of a leadership restructuring aimed at addressing community concerns and advancing institutional partnerships. Aya Miyaguchi Steps Into Ethereum Foundation Presidency Miyaguchi, who joined the nonprofit in 2018, oversaw key milestones such as Ethereum’s 2022 transition to
Key Points: Binance’s Response:The exchange denied dumping large amounts of SOL and ETH tokens, clarifying that they simply facilitate user trades and do not control individual market maker decisions. Role of Wintermute:Data from Arkham Intelligence revealed transfers of approximately 103,570 SOL ($16.32M) and 25,000 ETH ($80M) to market maker Wintermute, a key liquidity provider. Market
The price of bitcoin (BTC) dropped south of $84,000 as spot bitcoin exchange-traded funds (ETFs) posted record outflows. As of 2:30 p.m. (ET), the leading crypto asset is hanging below the $85,000 range at $84,378. ETF Exodus Weighs on Bitcoin, Price Slips Below $88K Bitcoin fell to a 3-month low over the last day, and
Metro Departmental Store jumped on the Crypto adoption bandwagon, and with this, it became the first local department store that supports crypto payment. Summary Metro Singapore Store partnered with a crypto payment firm. With the help of new partner, Metro Store will accept stablecoins payments. Stablecoins adoption surging rapidly in the Fintech sector. Metro is
XRP is trading at $2.24 with a market capitalization of $129 billion, a 24-hour trading volume of $6.78 billion, and an intraday price range between $2.18 and $2.36, reflecting a market struggling to find direction amid recent volatility. XRP The 1-hour chart indicates that XRP is consolidating within the $2.2 to $2.3 range after finding