Former SAF officer Teo Rong Xuan stole US$1.7 million in cryptocurrency using a victim’s seed phrase. He spent the funds on luxury items, gambling, and mortgage payments.
AnaisOKX Singapore has launched OKX Pay, letting users pay with USDC and USDT at GrabPay merchants, with stablecoins instantly converted to Singapore dollars. The service aims to make digital currencies usable for everyday transactions and plans to expand to more merchants and stablecoins in the future.
AnaisBolivians are increasingly using Tether (USDT) for purchases, with a recent Toyota sale completed entirely in cryptocurrency. Stablecoins are gaining ground as a practical alternative to scarce US dollars amid rising inflation and limited cash access.
AnaisA former South Korean lawmaker urged the government to push won-pegged stablecoins onto global exchanges like Binance and Coinbase. He warned that limiting them to local platforms would block demand and called for companies like Samsung to play a role.
WeatherlyAir China has partnered with Webus to let PhoenixMiles members pay for travel services using XRP, potentially reaching 60 million customers. The project’s rollout depends on regulatory approval and faces risks from XRP’s price volatility.
AnaisThe SEC has delayed decisions on several crypto ETFs, including Bitcoin, Ethereum, Solana, XRP, Litecoin, and Dogecoin, pushing most deadlines into October. Regulators are working on new listing standards that could allow faster approvals of altcoin ETFs once rules are finalised.
WeatherlyVivopower International has partnered with Crypto.com to manage its growing digital asset portfolio, including a \$100 million XRP reserve. The collaboration will provide institutional-grade custody, trading access, and DeFi options, giving Vivopower exposure to Crypto.com’s 150 million users.
AnaisBlue Origin now accepts Bitcoin, Ethereum, Solana, and stablecoins for booking space flights through a partnership with Shift4. This move aims to make high-cost space tourism payments easier for digital asset holders using popular crypto wallets.
WeatherlyRipple is buying Canadian payments firm Rail for $200 million to grow its stablecoin business and speed up cross-border payments. The deal is set to close later this year, pending approval from regulators.
WeatherlyThe SEC and Ripple have dropped their appeals, ending the long XRP lawsuit and letting the 2023 mixed ruling stand. XRP’s price jumped over 10% after the news, and Ripple will now focus on growing its business and moving forward.
AnaisDeepfake technology is increasingly used in cryptocurrency scams, impersonating figures like Elon Musk and Lee Hsien Loong to deceive users, resulting in over $79 billion in losses since 2022. This poses a significant threat to financial security and public trust.
WeatherlyLinea just launched Volt 2 of its Surge initiative. However, Linea's overconfident response to a recent $2.6 million exploit has raised concerns. Will this complacency be its downfall?
CatherineInspired by Vitalik Buterin's vision for scalable Ethereum solutions, MegaETH aims to pioneer real-time blockchain technology, backed by a $20 million seed funding round featuring Buterin as an angel investor. Set for an upcoming public testnet launch, MegaETH promises to revolutionize transaction speeds and scalability in blockchain applications.
WeatherlyKeith Gill, aka Roaring Kitty, faces a class-action lawsuit for alleged securities fraud tied to GameStop. But many were quick to mock the lawsuit as it is doomed to fail. It seems like it will be a roaring success!
Kikyo
AlexNigeria's cryptocurrency market exceeds $400 million, with 33.4% of Nigerians actively trading or using crypto amid a 40% depreciation of the Naira in 2024. Regulatory uncertainty and cybersecurity risks pose challenges despite $56.7 billion in crypto transactions from July 2022 to June 2023.
AnaisNATIX Network, a global mapping initiative using AI and a decentralised camera network, will launch its $NATIX token listing on 2 July, aiming to create the world’s largest community-driven camera network.
CatherineORA, formerly known as HyperOracle, seamlessly integrates AI with decentralised applications (dApps). Recently, ORA secured $20 million in funding, highlighting investor confidence in its innovative approach to smart contracts and AI.
AnaisPixels' founder, Luke Barwikowski, announced plans to develop more games within the 'Pixels' universe and hinted at potential future launches on Telegram, citing its intriguing ecosystem.
KikyoSony's rebranding of WhaleFin to S.BLOX marks its entry into crypto with a robust platform, aiming to integrate across its diverse businesses and offer new users Bitcoin incentives through Nuro Mobile.
Weatherly