A Bitcoin investor lost his entire retirement savings after sending $85,958 to a scammer posing as a romantic partner and trader. Despite repeated warnings from his adviser, the investor fell for a pig butchering scam that used emotional manipulation and false promises of high returns.
AnaisFrench fintech Lyzi has partnered with Porsche and Lamborghini to let customers pay for luxury cars using cryptocurrencies, including Bitcoin, USDC, and over 80 other digital assets. Payments are converted instantly into euros, protecting dealerships from crypto price changes and providing a smooth wallet-to-terminal experience.
AnaisMichael Saylor urged governments to create Bitcoin-backed digital bank accounts to offer higher returns than traditional deposits. He suggested such accounts could attract trillions in global savings, but Bitcoin’s volatility and regulatory challenges make the idea risky.
WeatherlyA Europe-wide investigation uncovered a crypto fraud network that laundered over €700 million through fake trading platforms, deepfake adverts, and call centres. Authorities arrested multiple suspects and seized cash, crypto, and luxury goods while targeting the scam’s marketing and operational networks across seven countries.
AnaisAuthorities in Switzerland and Germany shut down Cryptomixer.io, a service used to launder Bitcoin, seizing servers, data, and over €25 million in crypto. The operation, supported by Europol, aims to stop criminal activity and provide evidence for further investigations.
AnaisKazakhstan’s central bank is considering investing up to $300 million from its reserves into crypto but will only move ahead when market conditions look safer. The country also launched a separate government-backed crypto fund as part of its wider plan to grow its digital asset sector.
WeatherlyBitcoin has fallen more than 30%, cutting the estimated value of Satoshi Nakamoto’s holdings from $137 billion to around $95.8 billion. The decline makes the pseudonymous creator the 20th richest person in the world, with their coins remaining largely untouched for over 15 years.
WeatherlyMichael Saylor’s company has seen big losses as Bitcoin falls below $90,000, leaving around 40% of its holdings unprofitable. Recent purchases above current market prices have added nearly $100 million in unrealised losses, putting pressure on the company’s stock and strategy.
WeatherlyEl Salvador bought about 1,090 Bitcoin in a single day, raising its total holdings to roughly 7,474 BTC worth $676 million. The purchase came as Bitcoin fell below $90,000, showing the government is continuing its daily accumulation strategy despite market volatility.
AnaisPeter Schiff criticised Michael Saylor and Strategy, calling their Bitcoin-focused business model a “fraud” and challenging Saylor to a debate. The attack comes as Bitcoin fell below $99,000 and Strategy’s stock dropped over 50% since July, while gold remains strong above $4,000 an ounce.
AnaisU.S. legislators have fiercely criticized the SEC's investigation into Ethereum, accusing Chairman Gary Gensler of intentionally misleading Congress.
AlexFormer Binance CEO CZ acknowledged wrongdoing, surrendered voluntarily, and received a four-month sentence, while former FTX CEO SBF opted for trial, asserting innocence, and received a 25-year sentence instead.
CatherineHong Kong's Bitcoin and Ether ETFs launch saw a modest trading volume, indicating cautious investor sentiment amid regulatory concerns and market volatility. Despite the muted response, increased trading volume suggests growing interest, hinting at potential future market impact.
WeatherlyThe recent plunge in Bitcoin has piqued investor interest, with many considering the significant volatility of this digital token as a harbinger of broader changes in global market risk appetites. Charlie Morris, Chief Investment Officer at ByteTree Asset Management, wrote in a report, "Bitcoin is our favorite canary. It serves as a warning of potential future troubles in financial markets, yet we remain confident that it will rebound at some point."
MiyukiChinese police arrest an identity forger involved in StarkNet cryptocurrency airdrop, who illegally obtained tokens and then converted them into USDT stablecoins.
WeiliangGary Gensler's ambiguous position on Ethereum raises questions about the SEC's regulatory approach.
KikyoIndian authorities crack down on cryptocurrency fraud schemes like HPZ Token and E-Nugget, seizing assets and sending a strong message against illegal activities. Despite concerns, young Indian investors drive crypto market growth, but regulatory clarity is essential for mainstream adoption.
AnaisIndian Enforcement Directorate confiscated $30M from E-Nuggets scam, involving arrests and seizing assets through blockchain tracing across major crypto exchanges.
AlexMicrosoft commits $2.2 billion to boost Malaysia's AI and cloud infrastructure, partnering with the government to enhance cybersecurity and foster local AI development.
MiyukiThe son-in-law of well-known Taiwanese singer Yu Tian has been arrested and detained, reportedly having strong ties to a certain exchange and suspected of cryptocurrency money laundering.
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