[PRESS RELEASE – Hà Nội, Vietnam, May 15th, 2025] Global Emerging Markets (GEM), a $3.4 billion alternative investment group headquartered in the United States, has signed an investment agreement with Meey Land Group Joint Stock Company (Meey Group), a pioneering Vietnamese proptech firm. Under the agreement, GEM has committed to invest up to $80 million
Federal Reserve Chair Jerome Powell cautioned that the new realities in U.S. markets may mean that near-zero percent interest rates are unlikely to return. Fed Chair signalled that past near-zero interest rates may be a thing of the past. On Thursday, May 15, Federal Reserve Chair Jerome Powell warned about impending “supply shocks” that will
Key Takeaways FTX is set to distribute over $5 billion to creditors starting May 30, 2025. Eligible creditors will receive varying payment rates through BitGo or Kraken. Share this article FTX is set to begin its second creditor payout starting on May 30, targeting to distribute more than $5 billion to eligible claimants, according to
Haowang Guarantee, a black market platform dubbed the “world’s largest-ever illicit online marketplace” has announced it is ceasing all operations. The online marketplace announced on May 13, “Since all our NFTs, channels, and groups were blocked by Telegram on May 13, 2025, Haowang Guarantee will cease operations from now on.” Elliptic research leads to the
Top House Democrats have launched an inquiry into President Donald Trump’s crypto ventures, citing concerns over potentially illegal fundraising, foreign influence, and abuse of political power. In line with this, they have requested all suspicious activity reports (SARs) connected to Trump’s fundraising efforts. The Allegations In a letter to Treasury Secretary Scott Bessent, Democrats Gerald
U.S. stocks closed mixed Thursday, with the S&P 500 rising 0.4% to log a fourth straight day of gains, while the Dow Jones Industrial Average climbed more than 250 points. The Nasdaq Composite dipped 0.2%, breaking its six-day winning streak. Markets were buoyed by signs of easing trade tensions after the U.S. and China agreed
Key Takeaways A judge rejected a proposed settlement that would have reduced Ripple’s penalty from $125 million to $50 million. Judge Analisa Torres emphasized that parties must show exceptional circumstances to vacate a final judgment. Share this article A federal judge has denied a joint request by the SEC and Ripple Labs to approve a
In a recent operation, Europol, the European Union’s law enforcement agency, dismantled a transcontinental crypto laundering syndicate that laundered at least €21 million ($23.5 million) of illegal funds across Europe, China, and the Middle East. On 13 May 2025, Spain’s National Police carried out simultaneous raids in cooperation with Europol and Eurojust in six Spanish
TL;DR NEIRO defied the ongoing correction in the meme coin niche with a daily gain of 3.5% and a whopping triple-digit surge over the past month, prompting analysts to forecast a further breakout. Its bull run happened shortly after Wintermute scooped up a significant amount of NEIRO tokens. More Upside Ahead? After rallying in the
As Canada’s political landscape resets following a closely watched federal election, the country’s approach to cryptocurrency policy is at a critical juncture. As a Canadian, I’ve been closely following how the outcome of the 2025 election would dictate the country’s approach to crypto. With Pierre Poilievre’s defeat and Mark Carney retaining the title of Prime