Telegram shut down two major Chinese-language crypto scam markets, but over 30 smaller ones quickly appeared to take their place. One of them, Tudou Guarantee, is now handling millions in daily crypto transactions and openly offers illegal services without Telegram taking further action.
WeatherlyA scammer posed as Coinbase support and tricked over 30 users into transferring a total of $4 million in crypto to fake wallets. The fraud was carried out through phone calls and Discord chats, with funds later traced to gambling sites and linked to a man named Christian Nieves.
AnaisUS Senator Adam Schiff has proposed a bill to stop public officials, including the president, from making money through crypto while in office. The move follows reports that President Trump gained millions from his family’s crypto ventures, including a stablecoin and memecoin.
WeatherlyHackers used Trezor’s support form to send fake emails that looked like official messages, tricking users into revealing their wallet backups. Trezor confirmed its systems weren’t breached and warned users never to share their recovery phrases.
AnaisMastercard and Chainlink have teamed up to let over 3 billion cardholders buy crypto directly on-chain using their bank cards. The system is already live and involves several partners to handle payments, compliance, and crypto swaps.
JoyLedger has launched a new offline backup tool called the Recovery Key, which helps users regain access to their wallets without using the internet or cloud services. It works by tapping a smart card to a Ledger device and entering a PIN, offering a more private way to recover crypto access.
WeatherlyLedger released a new offline tool called Recovery Key to help users safely restore access to their crypto wallets without using the internet. It works by tapping a secure card on a Ledger device and entering a PIN, offering a private backup option.
AnaisEight major South Korean banks plan to launch a won-backed stablecoin to reduce reliance on dollar-pegged tokens in the country. They are reviewing two possible models and aim to roll out the digital currency by late 2025 or early 2026.
WeatherlyOpenAI and Microsoft are facing tensions over Microsoft’s investment stake as OpenAI plans to shift from a non-profit to a commercial structure. Talks could stall if they fail to agree on terms, which may impact future funding and their partnership.
AnaisKraken has received a MiCA licence from the Central Bank of Ireland, allowing it to offer regulated crypto services across all 30 European Economic Area countries. This approval strengthens Kraken’s position in Europe as it expands globally, especially amid ongoing regulatory uncertainty in the US.
Weatherly