Dubai has become a hotspot for major cryptocurrency scams, with fraudulent schemes like HyperVerse, OneCoin, and Bitconnect defrauding billions from investors. Despite efforts to improve regulations, the UAE's weak oversight has allowed scammers to thrive, drawing international concern.
WeatherlyMeitu sold its entire crypto portfolio, making nearly $80 million just before bitcoin’s surge above $100,000. The company plans to distribute 80% of the gains to shareholders and refocus on its AI-driven apps.
AnaisBitcoin has reached a new all-time high, surpassing $100,000, while CZ remains unaffected by the surge, holding onto the same amount of Bitcoin. Binance Coin (BNB) also hit a record high, but CZ’s focus remains on Bitcoin’s long-term value rather than its fluctuating price.
WeatherlyThe Cardano Foundation's X account was hacked on Sunday, spreading false claims about a Solana token and an SEC lawsuit. The Foundation confirmed the breach and promised updates via LinkedIn. While recovery is ongoing, did their swift response help stabilize ADA’s price?
CatherineSEC Commissioner Caroline Crenshaw, known for her stricter stance on crypto than Gary Gensler, is up for renomination, sending ripples of concern through the crypto industry. Are these concerns justified, or is the reaction overblown?
KikyoElon Musk’s comment on X, claiming Singapore is “going extinct,” sparked widespread debate about the country’s economic and demographic challenges. Key issues include historically low birth rates, an ageing population, reliance on robotics, and concerns over immigration's effect on national identity.
JoyDevelopers have created AI-powered electricity meters that analyse consumer behavior, enabling power companies to detect and address energy theft effectively.
CatherineA 1999 first-edition, shadowless Holographic Charizard Pokémon card, graded PSA 10, is now being auctioned in a new blockchain format on Courtyard.io. Tokenised on the Polygon network, the 30-day auction allows buyers to own a digital version of the card with features like global trading and physical storage options, while maintaining security.
WeatherlyAUSTRAC has launched a dedicated taskforce to tackle financial crimes linked to cryptocurrency ATMs, focusing on money laundering and fraud. The agency will monitor compliance with AML/CTF laws and take strict action against non-compliant operators to address rising risks.
AnaisDespite previously claiming he would control the Federal Reserve, Trump now says he has no plans to remove Jerome Powell as Fed Chair. Powell reaffirms the Fed's independence, while Trump acknowledges presidents cannot directly control its decisions, reflecting tensions between presidential power and central bank autonomy.
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