A Bitcoin investor lost his entire retirement savings after sending $85,958 to a scammer posing as a romantic partner and trader. Despite repeated warnings from his adviser, the investor fell for a pig butchering scam that used emotional manipulation and false promises of high returns.
AnaisPayPal applied for a U.S. bank charter to offer direct loans to small businesses and interest-bearing savings accounts. The company also filed with the FDIC to ensure deposits would be federally insured.
WeatherlyHashKey Holdings raised HK$1.6 billion in its IPO, pricing shares near the top of the marketed range despite crypto market volatility. The offering attracted strong demand from institutional and retail investors, highlighting confidence in the company’s regulated crypto platform.
AnaisMetaX Integrated Circuits Shanghai is set to start trading after raising US$585.8 million in an IPO that was nearly 3,000 times oversubscribed, showing strong demand from investors. The company makes AI graphics chips and is seen as a potential local rival to Nvidia, following the huge gains of Moore Threads Technology.
AnaisPancakeSwap, with YZi Labs, has launched Probable, a zero-fee prediction market platform on BNB Chain. The platform lets users trade on events like crypto prices, sports, and global happenings quickly and transparently, with all settlements on-chain.
WeatherlyRussia has confirmed that cryptocurrencies like Bitcoin and Ethereum cannot be used for payments, with all domestic transactions required to be in rubles. At the same time, the country allows crypto for cross-border trade and investment, with banks offering related products under strict rules.
AnaisTwo US senators have introduced the SAFE Crypto Act to create a federal task force aimed at preventing cryptocurrency fraud. The legislation will give law enforcement new tools, raise public awareness, and could affect how crypto businesses operate, especially smaller firms.
WeatherlyOpenAI is in talks with Amazon over a potential $10 billion investment, which could value the AI company at more than $500 billion. The deal may include using Amazon’s AI chips and cloud services, allowing OpenAI to diversify its technology partners beyond Microsoft and Nvidia.
AnaisA Singaporean man accused of leading a major crypto fraud ring returned to a US court as plea talks with prosecutors continued. The case has expanded with more arrests and charges, while lawyers work towards a possible deal.
WeatherlyA Singaporean investor lost S$100,000 after downloading a beta game launcher that contained malware, which emptied his crypto wallets. Despite using strong security measures, he was targeted by a sophisticated scam, highlighting risks for crypto users.
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