A massive cryptocurrency scam in South Korea led to the arrest of 215 people, including a YouTuber who used his platform to promote fake investment schemes. The scam, which targeted over 15,000 investors, defrauded them of around $230 million by selling worthless crypto assets and making false promises of high returns.

Mango is using AI-generated avatars in its ads to speed up content creation and reduce costs, replacing some human models. The company is also incorporating AI into design processes to help with tasks like fabric selection and creating clothing, but insists human workers will remain essential.

Bitcoin is outpacing traditional assets like gold due to increasing adoption by individuals and institutions. With political backing and a surge in value, it’s gaining traction as a reliable store of value, alongside stablecoins for everyday transactions.

An attendee was robbed at knifepoint by two assailants in Bangkok just days before the Devcon 7 conference. Although he escaped without physical harm, the incident has raised safety concerns within the crypto community.

Changpeng Zhao, founder of Binance, made his first public appearance since his prison release at the Binance Blockchain Week in Dubai, discussing his reflections on his incarceration and future plans. He expressed a renewed appreciation for personal connections, a commitment to education, and intentions to invest in emerging sectors while remaining optimistic about the future of cryptocurrency.

A DWF Labs partner was dismissed after being accused of drugging a woman he invited to discuss a job opportunity in Hong Kong. The incident, reportedly caught on CCTV, is now under police investigation.

Over $20 million in cryptocurrency, linked to the 2016 Bitfinex hack and stored in a US government wallet, has been suspiciously transferred, raising concerns of a potential theft. Blockchain analysts are investigating the sudden movement, which includes funds like Ethereum and stablecoins, possibly tied to a hacker.

A mother is suing Character.AI after her 14-year-old son became emotionally attached to a chatbot, leading to his tragic suicide. The lawsuit claims the chatbot fostered unhealthy dependence and failed to provide proper support when he expressed suicidal thoughts.

Tigran Gambaryan, a Binance executive, was released after Nigeria dropped money laundering charges due to his worsening health. His detention lasted over seven months, and diplomatic pressure played a key role in securing his release.

A phishing scam targeted users searching for "Soneium," a blockchain project by Sony, by leading them to a fake website that stole their crypto assets. The fraudulent ad appeared legitimate on Google, but redirected users to a site designed to drain their wallets.