Global Crypto Money Laundering Ring Busted

global crypto money laundering

An international investigation has uncovered a sophisticated crypto-based money laundering network spanning multiple countries. Eurojust, the European Union’s judicial cooperation agency, announced the arrest of 23 suspects and the freezing of $28 million in cryptocurrencies, with an additional $8 million in cash seized during coordinated raids across Europe. The operation targeted a professionally structured organization […]

Whale Buys Big: 257.5 Billion SHIB Tokens

Whale buys big

In a bold move, a major whale in the Shiba Inu ecosystem purchased 257.5 billion SHIB tokens for approximately $4.6 million. This acquisition comes as SHIB prices trade at lower levels during a broader market decline, positioning the investor to capitalize on future price recoveries. According to Lookonchain, this purchase increases the whale’s total holdings […]

Bitcoin vs XRP: A Geopolitical Debate

Bitcoin vs XRP

The announcement of a “Digital Asset Stockpile” under former President Donald Trump’s crypto executive order has ignited a fierce online debate between Bitcoin and XRP advocates. While many expected a “Bitcoin Strategic Reserve,” the broader term has raised questions about which assets could be included in the United States’ national digital asset holdings. Jason P. […]

Trump’s Crypto Orders Spark Investment Surge

Trump's Crypto Orders

Global crypto funds managed by leading asset managers, including BlackRock, Fidelity, Grayscale, and ProShares, recorded net inflows of $1.9 billion last week, according to CoinShares. The surge followed President Donald Trump’s recent crypto-focused executive orders, which bolstered investor confidence in digital assets. One of Trump’s orders created a Presidential Working Group on Digital Asset Markets […]

Crypto: The Currency for AI

Currency of AI

Binance founder Changpeng CZ Zhao recently shared his vision for how cryptocurrencies will drive Artificial Intelligence (AI) transactions and the broader AI sector. In a post on X, Zhao declared that crypto is the ideal currency for AI, pointing to its efficiency, low transaction costs, and decentralized nature. Responding to a query from an X […]

XRP vs Bitcoin: A Growing Rift

XRP vs BItcoin

The crypto world is abuzz as Ripple finds itself at the center of intense criticism, particularly from Bitcoin maximalists, following rumors of a potential US XRP Reserve. With President Donald Trump’s administration hinting at a move toward a broader national crypto reserve, XRP has become a focal point in the evolving strategic reserve debate. Bitcoin […]

Ivanka Trump Denounces Fake Meme Coin

Ivanka trump denounces

The meme coin mania sweeping the crypto world has now reached Ivanka Trump, daughter of President Donald Trump. A new token named IVANKA, claiming to have her official backing, has prompted her to issue a strong public statement condemning the project. Ivanka’s Statement: “I Have No Involvement” On social media, Ivanka Trump declared she has […]

SEC Crypto Actions Reshape Market in 2024

SEC crypto Actions

In 2024, the U.S. Securities and Exchange Commission (SEC) made significant strides in cryptocurrency regulation, signaling the sector’s growing sophistication and maturity. The agency filed 33 enforcement actions, a 30% decrease from the 47 cases in 2023, while penalties surged to a record $4.98 billion, driven by a landmark $4.55 billion settlement with Terraform Labs. […]