Chinese investors are shifting focus from cryptocurrencies to the rapidly rising stock market, driven by recent government stimulus measures. Despite a ban on crypto trading, demand for digital assets persists, evidenced by significant inflows into over-the-counter markets.
WeatherlyInstitutional interest in meme coins is rising, with TON launching Memelandia, a new platform aimed at fostering meme coin growth by leveraging Telegram's large user base.
CatherineThe surge in cryptocurrency investment in English football is driven by clubs seeking new funding sources as gambling sponsorship regulations tighten. Major partnerships are emerging, with crypto firms aiming to restore their reputations and engage a broader audience in the sport.
AnaisThe Monetary Authority of Singapore (MAS) is seeking industry feedback on new regulations for digital token service providers (DTSPs) under the Financial Services and Markets Act (FSM Act). DTSPs must obtain a license, comply with anti-money laundering rules, and demonstrate a substantial presence in Singapore to ensure regulatory compliance and market integrity.
Weatherly21.co has partnered with Crypto.com to improve liquidity for its Wrapped Bitcoin (21BTC), leveraging Crypto.com’s extensive liquidity infrastructure. This collaboration aims to broaden access to cryptocurrency for users globally, combining the strengths of both companies in the digital asset space.
AnaisA UN report reveals that criminal networks in Southeast Asia use Telegram for large-scale illicit activities, such as trading hacked data and cybercrime tools. This follows scrutiny of Telegram’s founder, Pavel Durov, over the platform’s role in these activities. Can this popular messaging platform catch a break?
CatherineJudge John Dorsey has approved FTX's bankruptcy plan, with $16.5 billion in recovered assets set to be paid to creditors in cash, plus interest, within 60 days. However client reactions have been mixed.
KikyoNick Szabo has become the leading candidate to be Satoshi Nakamoto, the mysterious creator of Bitcoin, as his odds on the betting platform Polymarket rise to 28.3%. This shift follows producer Cullen Hoback's claim that he confronted the real Nakamoto, suggesting that the true creator is still alive, while former frontrunner Len Sassaman's odds have plummeted to 8.5%.
WeatherlyA 21-year-old Indiana cybercriminal has pleaded guilty to a $37 million crypto scam, defrauding 571 victims in a 2022 cyberattack. By exploiting a real client's identity, he faces serious legal consequences, marking a key step toward justice in this major cybercrime case.
CatherineSouth Korean soldiers are compromising military secrets to secure loans for cryptocurrency investments, reflecting financial desperation amid rising debt. An investigation found 29 cases of leaked classified information, raising serious concerns about national security and the need for stricter measures to protect sensitive data.
Anais