A man lost $20 million in a romance-based crypto scam and is suing Citibank for failing to detect suspicious transfers. He claims the bank ignored warning signs in $4 million worth of transactions that could have helped stop the fraud.
AnaisHong Kong has released a new crypto policy called “Policy Statement 2.0” to boost tokenisation and regulate stablecoins. The plan includes licensing rules for stablecoin issuers starting in August and aims to support wider use of tokenised assets like bonds and ETFs.
WeatherlyA British man, Kai West, was arrested in France for allegedly running a major cybercrime ring under the alias "IntelBroker" and leaking stolen data from over 40 organisations. US investigators linked him to the crimes through a small Bitcoin payment that traced back to his real identity.
WeatherlyKraken launched a new app called Krak that lets users send money instantly across 110 countries using both crypto and traditional currencies. The app removes bank details using Kraktags, offers rewards on digital assets, and plans to add cards and lending features soon.
AnaisMeta has hired top AI researchers from OpenAI, including Trapit Bansal, to boost its efforts in building superintelligent AI models. The company is investing heavily in talent and infrastructure to catch up with rivals like OpenAI, DeepMind, and DeepSeek.
WeatherlyAB DAO and the AB Charity Foundation will build the world’s first national-level resort focused on AI and blockchain in Timor-Leste. The resort will include research centres, luxury facilities, and crypto-friendly services, aiming to attract global tech talent and boost the local economy.
AlexMr Beast removed an AI thumbnail tool after backlash from YouTubers who said it copied their styles and used their work without permission. He replaced it with a feature that lets users hire real thumbnail artists instead.
AnaisIran’s biggest crypto exchange, Nobitex, was hit by a major cyberattack linked to an Israeli hacker group, causing losses of around \$90 million and major service disruption. The platform is now restoring wallets in phases with stricter ID checks, while facing growing pressure from regulators and users.
AnaisNorth Korea-linked hackers stole $3.2 million in crypto from Solana wallets and moved the funds to Ethereum. They laundered nearly $2 million using Tornado Cash, with over $1 million still sitting in an Ethereum wallet.
AnaisA new report shows that 27% of South Koreans aged 20 to 50 now own crypto, with many white-collar workers using it for savings and retirement planning. As investing habits shift from hype to strategy, banking limits and economic pressure are shaping how people use digital assets.
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