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STOCKS | China Regulators Summon Ctrip, Tongcheng, Meituan Over Train Ticket Practices
06-11 17:23
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Holy Stakes: Polymarket Sees Surge in Bets as Pope Francis’ Health Worsens, Is This Acceptable Odds or an Unethical Act?
Betting on the Pope’s health or papal elections dates back centuries. Now, Polymarket offers two markets speculating on Pope Francis’ fate as he battles critical kidney and lung issues. Is this a financial opportunity or moral transgression?
CatherineStablecoin Neobank Infini Hit by $50M Exploit: Founder Takes Responsibility, Offers Reward for Recovery
A hacker stole $49.5 million from Infini. The firm claims to have identified the attacker and issued an ultimatum, offering 20% of the stolen funds for their return.
KikyoOKX Pleads Guilty to Violating U.S. Laws as DOJ imposes $505M Penalty
OKX admitted to allowing illegal transactions for U.S. users, leading to over $500 million in penalties. Prosecutors say the company processed over $1 trillion in trades and even advised users on how to bypass restrictions.
WeatherlyPresident Trump Seeks More Aggressive D.O.G.E Cuts from Elon Musk Including Enforcing In-Office Mandate & Weekly Reports
President Trump is urging Elon Musk to take a more aggressive stance on government inefficiencies, praising his success with D.O.G.E. Under Musk’s implementation of Trump’s mandate, federal job cuts and increased accountability are on the horizon.
CatherineTelegram-Linked Smugglers Arrested for Crypto-Fueled Narcotics Operation in Korea
Two young smugglers were arrested in Busan for trafficking over 7kg of drugs, including marijuana, after being recruited by a drug lord via a Telegram channel. The drug lord used cryptocurrency payments to avoid detection and instructed the smugglers through encrypted messages.
AnaisSam Bankman-Fried Makes Comeback on Twitter with Pro-D.O.G.E. Tweet Amidst FTX Token’s Short-Lived Rally: A Move for Presidential Clemency?
SBF tweeted from prison, commenting on layoffs and aligning with D.O.G.E. policies, referencing Trump’s worker firings. His post sparked a Crypto Twitter storm, with many questioning how he tweeted and mocking his attempt to stay relevant. Though unrelated to FTX, the tweet briefly boosted FTT’s value. Could this be SBF's bid for a pardon?
KikyoMichael Saylor’s $81T Bitcoin Reserve Plan: A Solution for America’s $36.2T Debt?
Michael Saylor proposed a Bitcoin reserve strategy to help reduce the U.S. national debt, suggesting the government acquire 20% of Bitcoin’s total supply. His plan includes regulatory changes to encourage digital asset innovation and reduce compliance costs for issuers.
WeatherlyThailand Sees Unprecedented Rise in Scam Calls Before Cyber Fraud Crackdown
Thailand has seen a histroic rise in scam calls and SMS fraud, totalling 168 million in 2024 compared to the year prior. This surge prompted authorities to intensify their crackdown on cyber fraud operations across Southeast Asia.
CatherineUpbit Faces 3-Month Suspension After KYC and AML Violations by South Korean Authorities
Upbit, South Korea’s largest crypto exchange, faces a three-month suspension for regulatory violations, including failure to meet anti-money laundering and KYC standards. The suspension, affecting new users, follows an investigation that revealed over 44,000 AML breaches and poor customer verification practices.
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