China is actively seeking to challenge the dominance of the US dollar as the world’s primary reserve currency, with a strategic push to extend the digital yuan’s role in both domestic transactions and cross-border payments.
KikyoUS authorities have seized $225 million in Tether linked to a global crypto scam known as “pig butchering,” which tricked over 400 victims into fake investments. The funds were traced through blockchain forensics and laundered via the OKX exchange, with the Department of Justice aiming to return the money to victims.
AnaisThe barbed-wire-secured site was packed with mining rigs and heavy power equipment. Prosecutors said it was leased to a third party under the false pretense of renting space in a non-existent building—an elaborate cover for illegal crypto mining.
CatherinexAI faces legal pressure over its use of gas turbines at its Memphis AI hub, highlighting growing concerns over the environmental and health impacts of Big Tech’s race to scale computing power.
KikyoA North Korean hacker group called Famous Chollima has been tricking crypto job seekers in India into installing malware through fake job ads. Victims were asked to run commands that secretly installed software to steal passwords, browser data, and crypto wallet access.
WeatherlyNY Attorney General Letitia James cracked down on a crypto fraud ring that stole millions in Brooklyn, freezing $300,000 in assets and seizing $140,000 in crypto from a Vietnam-based group targeting Russian speakers with fake ads.
CatherineTelegram founder Pavel Durov warned that France is weakening due to growing censorship and tighter control over online speech. He said these actions are driving talent abroad and could lead to a major crisis if reforms are delayed.
WeatherlySol Strategies, a Canadian crypto investment firm, has applied to list on Nasdaq after heavily investing in Solana tokens and staking operations. Despite a recent $3.5 million loss, the company aims to raise more capital and grow its presence in the US market.
AnaisSouth Korea’s financial regulators are investigating fees charged by local crypto exchanges to see if they are too high for everyday users. The reviews could lead to new rules to lower or cap fees and make trading fairer for retail investors.
WeatherlyVisa has partnered with Yellow Card to use stablecoins like USDC for faster, cheaper cross-border payments in Africa. This move aims to help tackle currency issues and improve money transfers across the continent.
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