A joint operation between Thai and Chinese police uncovered a $2.5 million crypto scam, leading to the arrest of two Chinese nationals involved in illegal digital currency transactions and human trafficking. The authorities seized luxury items and cryptocurrency wallets, freezing the stolen funds as part of the ongoing investigation.
AnaisTether expands beyond stablecoins with Tether Data, an AI-powered SDK integrating a voice assistant, AI translator, and Bitcoin wallet assistant. Announced by CEO Paolo Ardoino, it runs on a Bare JavaScript runtime to enhance crypto transactions and accessibility.
CatherineTaiwan is preparing a new law to integrate cryptocurrency into its economy, allowing banks to issue stablecoins and tightening regulation for crypto service providers. The country aims to attract global investors and become a crypto hub in Asia, with a focus on security and stability.
WeatherlySouth Korean authorities have apprehended six Chinese nationals in Jeju, South Korea for assaulting a dealer and stealing $1 billion won from him during their encounter at a luxury hotel. But the perpetrators are denying all allegations, and they are claiming to be the real victims in this ordeal. The perpetrators are accusing the dealer of trying to sell them short and attempting to scam them of their money.
XingChiJustin Sun, founder of the TRON blockchain, has increased his stake in World Liberty Financial to a total of $75 million by committing an additional $45 million into the project. Sun made the announcement on his X on Sunday, making him to the primary stakeholder of the cryptocurrency project associated with U.S President Donald Trump.
XingChiA Taiwanese man, only identified as Chen, became the first casualty of the newly enforced anti-money laundering regulations in Taiwan. The new anti-money laundering (AML) regulations, which came into effect on November 30, 2024, required virtual asset service providers (VASPs) to complete AML compliance registration to offer virtual asset services in Taiwan.
XingChiTether is moving its headquarters to El Salvador, attracted by the country's crypto-friendly policies and tax benefits. The relocation is a key step in enhancing El Salvador's role as a digital asset hub while supporting Tether's expansion.
WeatherlyTether is expanding into AI filmmaking, hiring experts and planning to grow its team to 200 by mid-2025. The company is also investing in AI and cloud computing to enhance scalability and technology.
AnaisCircle and Binance have revealed their strategic partnership during Abu Dhabi Finance Week to promote USDC, a stablecoin jointly owned by Circle and Coinbase.
XingChiIn Thailand, armed robbers forced a Ukrainian man to transfer $250,000 in USDT under threat. They restrained him and warned against reporting the crime before fleeing. Thai police soon arrested four suspects, including a regular USDT buyer from the victim.
KikyoBig Four accounting firm Ernst & Young (EY) released a new service for managing enterprise contracts via blockchain technology on April 17, called OpsChain Contract Manager (OCM).
JinseFinanceTron Foundation challenges SEC lawsuit over jurisdictional reach, arguing against the application of U.S. regulations to offshore transactions. Meanwhile, competitors like Solana and BNB Chain are rapidly closing the TVL gap, posing formidable challenges. This legal battle highlights the intricate jurisdictional issues in the global crypto market, with implications for regulatory oversight and international transactions.
SanyaTRM Labs' research reveals Tron's dominance in illicit crypto transactions, accounting for 45% of scams in 2023. Ethereum and Bitcoin follow with 24% and 18%, respectively. Concerns persist over stablecoins' role, notably Tether, totaling $19.3B in illicit activity. Despite a 9% decrease in total illicit volumes, regulatory oversight remains crucial.
Huang BoLondon-based Fnality, a blockchain payments firm, raises $95 million in a funding round led by Goldman Sachs and BNP Paribas. Other participants include DTCC, Euroclear, Nomura, and WisdomTree, as well as banks from Fnality's 2019 funding round. The company tokenizes fiat currency backed by central bank-held cash.
Xu LinLek Tai Yong had reported being robbed, and Eddie Ong had helped to conceal the funds, which police said belonged to investors.
AlexDominica selects TRON as its national blockchain to issue the country's official coin.
OthersLike blockchain is to finance, so are NFTs to artists. At least in theory.
Cointelegraph‘Global Economy Can Be Fixed by Blockchain,’ Says Tron Founder Justin Sun, the founder of Tron and Grenada Ambassador to ...
BitcoinistTron takes off by 44% and ranks as the third-largest blockchain based on TVL. Tron, Tronix, or TRX is designed ...
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