Officials reported that scammers had used crypto to pay for fake digital asset investment ads on social media platforms, leading to more than $1 million in losses for victims. New York officials reported an investigation resulting in the recovery of ​​$140,000 and freezing $300,000 in stolen funds as part of a cryptocurrency investment scam using...Continue Reading

China has been looking to challenge the US dollar’s reserve status and wants to expand the digital yuan’s reach to include domestic and international payments. China’s central bank chief Pan Gongsheng has pledged to expand the footprint of the digital yuan, reaffirming the country’s vision for its central bank digital currency (CBDC). According to a...Continue Reading

The initial purchase of more than 187 BTC was part of a larger strategy to “substantially increase its Bitcoin holdings,” according to Prenetics. The individual who helped “orange-pill” US President Donald Trump has become part of the advisory team for a healthcare company establishing a Bitcoin reserve strategy. In a Wednesday notice, Hong Kong and...Continue Reading

Ethereum staking yields are falling as yield-bearing stablecoins and DeFi protocols offer more competitive returns. Can ETH regain the upper hand in the yield wars? Key takeaways Ethereum’s staking yield dropped under 3%, putting it behind many DeFi and RWA protocols. Yield-bearing stablecoins like sUSDe and SyrupUSDC now offer 4–6.5% returns and are rapidly gaining...Continue Reading

Trump offers light relief for Bitcoin price action while calling Fed Chair Jerome Powell a “stupid person” with interest-rate cut hopes absent. Key points: Bitcoin sees light relief as US President Trump reveals that Iran had been in touch. Trump calls Fed Chair Jerome Powell “stupid” as markets see no chance of an interest-rate cut...Continue Reading

Telegram mini-games reached a zenith in 2024, but the TON blockchain still averages over 2.1 million active wallets. Pudgy Penguins is launching a skill-based Web3 game called Pengu Clash for The Open Network (TON) blockchain, joining the competitive mini-game space. According to Pudgy Penguins, the game will operate under a play-to-win model, allowing players to...Continue Reading

Bitcoin purists are sounding the alarm as Wall Street suits pile into their beloved ecosystem. But who’s set to change: Bitcoin or TradFi? At a recent Bitcoin conference in Las Vegas, there were so many government and TradFi attendees that Bitcoin purists are starting to worry theyre losing their peer-to-peer digital cash system to the...Continue Reading

A fake post from the Paraguayan president’s X account claimed Bitcoin was now legal tender, triggering a sharp 4% price spike. At around 00:53 GMT on June 10, 2025, the verified X account of Paraguayan President Santiago Peña posted something that set the crypto world buzzing. The now-deleted tweet stated that Paraguay had officially approved...Continue Reading

As Pi Network prepares for its June 28 mainnet migration, several users are facing KYC failures and wallet errors, raising concerns about the platform’s readiness for open blockchain adoption. As Pi Network prepares for its next mainnet migration wave on June 28, 2025, users are reporting a cascade of issues that threaten to derail the...Continue Reading

The GENIUS Act is one step closer to becoming law in a development that may make stablecoin issuers key players in the US economy. Stablecoin adoption among United States banks and financial institutions may accelerate following the passage of new legislation in the Senate. The Guiding and Establishing National Innovation for US Stablecoins, or GENIUS...Continue Reading