French 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.
AnaisBitcoin fell back to its end-2024 price as traders pulled away from risky assets and ETF outflows picked up. The drop followed fading excitement over the Trump administration’s crypto stance and rising fears across global markets.
WeatherlyRipple's unexpected release of 400 million XRP tokens, valued at $217 million, has sparked significant speculation and concern within the XRP community, prompting calls for transparency and clarity from Ripple.
Brianxamining ERC-404's development by Pandora, addressing its security concerns and high costs, and previewing the promising enhancements of its upcoming V2 version amidst fluctuating market responses.
MiyukiProsecutors seek stricter bail conditions for Binance founder Zhao, citing flight risks due to wealth and connections. Despite legal hurdles, Binance saw a 30% increase in users, potentially boosted by smooth leadership transitions and Zhao's positive reputation.
WeatherlyFormer Ripple executive predicts XRP ETF by 2024/2025, boosting market optimism. Ripple CEO supports XRP ETF, citing legal wins and diversification benefits.
AnaisA collaborative effort in Taiwan successfully recovers stolen Ethereum, setting a precedent in the fight against cryptocurrency scams through advanced blockchain analysis and international cooperation.
WeiliangChina's Supreme People’s Procuratorate (SPP) is increasing efforts to combat cybercrimes, especially those exploiting blockchain and metaverse projects. The rise in online fraud and financial crimes necessitates stricter regulations and heightened vigilance among citizens and investors.
JoyThe legal dispute over the "Meng Chong Paradise NFT project" highlights the complexities of NFT management, emphasizing the importance of clear contracts, detailed record-keeping, and professional legal advice.
AlexExploring BitForex's operational challenges and credibility crisis following a $57 million withdrawal and allegations of wash trading amid leadership changes.
MiyukiBitcoin surpassed $56,000 for the first time since November 2021, influencing the broader crypto market and stock market, with optimism for its future trajectory and notable shifts in political perspectives.
WeiliangGOP Senators, led by Ted Cruz, oppose Biden's CBDC plan to protect Americans' financial privacy, unveiling the CBDC Anti-Surveillance State Act amid bipartisan concerns over government intrusion. The bill aims to restrict the Federal Reserve's authority in issuing CBDCs without congressional approval, reflecting a bipartisan effort to safeguard individual freedoms in the digital age.
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