China is mounting a global campaign to counter Trump’s trade tactics and position itself as a defender of global norms. Xi’s envoys call Trump’s 90-day reprieves a “divide and conquer” move, but US allies remain wary of drawing too close to Beijing.
CatherineBinance users are facing failed transactions and missing balances when using Kamino Finance through the Binance Wallet. While Binance blames Kamino’s system, some users believe the issue might lie within Binance’s own platform.
AnaisYua Mikami, a popular Japanese celebrity, launched her meme coin, $MIKAMI, on the Solana network, raising over $1.5 million in just 50 minutes during the presale. The coin is designed as a fun, non-investment token with no fixed price, and contributors receive tokens based on their SOL contributions.
WeatherlyAustralia’s financial intelligence agency, AUSTRAC, has launched a sweeping crackdown on inactive registered crypto exchanges, aiming to eliminate potential vehicles for fraud and financial crime.
KikyoRussia is planning to introduce criminal penalties for illegal crypto mining, targeting those using cheap energy without proper registration. The move comes as mining activity rises and more regions consider bans due to power strain.
WeatherlyElon Musk’s D.O.G.E initiative under Trump aimed to cut federal spending, but costs still climbed. Despite shutting 11 agencies, ending foreign aid, and cutting $10B from education, the budget grew—and 240,000 government jobs were lost. Was D.O.G.E a cost-cutter, or just a reshuffle?
CatherineThe SEC has closed its investigation into PayPal’s stablecoin PYUSD without taking any action. This clears the way for PayPal to expand its crypto plans, including partnerships and a new rewards programme for users.
AnaisAvi Eisenberg was sentenced to 52 months in prison for possessing over 1,200 CSAM images, while still facing legal fallout from his $110M Mango Markets exploit. Though convicted of crypto fraud, his lawyers seek a retrial—raising questions about whether the punishment fits the scale of his crimes.
CatherineMalaysian authorities seized 45 illegal Bitcoin mining machines worth $52,145, part of a broader crackdown on operations causing $8,342 in monthly electricity theft. While no arrests were made, investigations continue amidst rising losses tied to international groups exploiting the region’s power grid.
KikyoKraken caught a North Korean hacker trying to get a job by spotting inconsistencies during the interview process. The crypto firm used the opportunity to uncover a network of fake identities linked to state-backed cybercrime.
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