CBEX, a fraudulent digital trading platform, scammed thousands of Nigerian investors by promising unrealistically high returns and freezing accounts after taking their money. The platform, which was never registered, collapsed in April 2025, leaving victims with significant financial losses.
WeatherlyOKX has expanded into the US with a new headquarters in San Jose and the appointment of Roshan Robert as CEO for US operations. This follows a $504 million settlement with US authorities over past regulatory violations, as the company focuses on compliance and growth.
WeatherlyKelly Yu, a Chinese-Canadian singer, has partnered with CreateAI to produce the world’s first AI-generated music video for her song "Werewolf," blending human creativity with AI technology. The project significantly reduced production time and costs, setting a new standard for future music video productions.
AnaisSouth Korean presidential candidate Hong Joon-pyo vows to ease crypto regulations, aiming to replicate the US’s market-friendly approach that’s boosted jobs and bank charters. His proposals, aligned with ongoing AML and foreign investment talks, position digital assets as a growth driver. Could Trump-style crypto deregulation be emerging as a broader political strategy in Asia?
CatherineUS and Canadian authorities teamed up in "Operation Avalanche" to dismantle a $4.3M Ethereum phishing scam, recover stolen funds, and alert affected wallet holders. Could this mark a new chapter in global crypto crime enforcement?
KikyoSouth Korean police arrested eight people for creating and sharing deepfake videos targeting HYBE artists, including BTS and LE SSERAFIM. The crackdown followed months of collaboration between HYBE, fans, and law enforcement to combat AI-generated content.
AnaisIn response to Tether freezing wallets linked to Russian users, a Finance Ministry official proposed a ruble-backed stablecoin to reduce reliance on dollar-pegged tokens like USDT and USDC, granting Russia more financial autonomy.
CatherineG-Dragon sent his song "Home Sweet Home" and an AI-generated image of his eye into space as part of a collaboration with KAIST and Galaxy Corporation. This marks the first time a K-pop artist has transmitted music from Earth to space using ground-based technology.
JoyQuantum researchers are offering 1 Bitcoin to anyone who can crack the largest "toy version" of a Bitcoin key using Shor's algorithm. This challenge explores quantum computing's potential in cryptography and its application to Bitcoin's encryption.
KikyoGary Gensler criticised Trump’s tariffs as harmful to the U.S. economy and warned that trade tensions with China could worsen. He also said most cryptocurrencies, except Bitcoin, are risky and based on hype, not real value.
Anais