Hong Kong police dismantled a fraud syndicate that used deepfake technology to scam individuals out of approximately HK$360 million (around $46 million) through romance scams. A total of 27 suspects were arrested, including five believed to have ties to organised crime, highlighting the growing threat of sophisticated online scams.
Joy
AlexTikTok is under UK scrutiny for allegedly operating as an unlicensed crypto exchange, raising concerns about financial regulation. This mirrors recent actions against platforms like Telegram, sparking questions about whether more social media apps will face similar scrutiny.
Catherine
MiyukiDonald Trump’s WLFI token sale raised $9 million, far short of its $300 million target, amidst website crashes and technical issues. With delayed support from Trump and access limited to accredited investors, scepticism grows over the project’s chances of recovery.
KikyoPhishing attacks targeting Ledger users are on the rise, with scammers sending fake emails about a nonexistent security feature called "Ledger Clear Signing." These emails urge users to provide sensitive information, putting their cryptocurrency at risk.
Anais
WeiliangAlexStripe's Pay with Crypto is the first to use Paxos' new stablecoin payments platform, enabling instant conversions between various stablecoins. Will this launch boost stablecoin adoption in the payments industry?
CatherineTesla has transferred over $760 million worth of Bitcoin to various wallets, emptying its cryptocurrency holdings. This move comes after a long period of dormancy and raises questions about the company's future plans for Bitcoin, especially as CEO Elon Musk has previously hinted at potentially accepting it as payment again.
Joy