Sun, May 25

Can Pi Network (PI) Break Out of Its Consolidation Zone Above $0.77?

Pi Network (PI) has climbed 2.05% over the last 24 hours, trading at $0.7716 at press time. The token touched a local high of $0.8068 before facing resistance. With a circulating supply of 7.24 billion PI, the project’s market capitalization now stands at $5.58 billion, reflecting a 1.96% daily increase. 

1 day ago 2 mins read

UK Crypto Users Face Stricter Rules as KYC Concerns Grow

The United Kingdom is set to implement stringent regulations requiring cryptocurrency firms to collect and report detailed personal data from users, starting January 1, 2026. This move by Her Majesty’s Revenue and Customs (HMRC) aims to curb tax evasion in the rapidly growing digital asset sector. According to the upcoming

May 24, 2025 2 mins read

Ripple CEO Predicts Crypto ETFs Will Boom, Cites Institutional Shift

The Chief Executive Officer of Ripple, Garlinghouse, believes that Crypto ETFs are about to explode. He participated in the “Crypto in 1 minute” podcast of Ripple and talked about crypto-based exchange-traded funds ETFs.  As per Garlinghouse, there are two major reasons behind the increasing excitement around ETFs after it launched

May 24, 2025 2 mins read

U.S. Judge Dismisses Fraud Charges in Mango Markets Crypto Case

A key judgement rattled the crypto legal landscape as the U.S. District Judge Arun Subramaniam overruled key fraud and market manipulation verdicts against Avraham Eisenberg, the investor charged with coordinating the well-known $110 million Mango Markets exploit.   Eisenberg had previously suffered multiple legal charges for his role in manipulating in

May 24, 2025 2 mins read

BlackRock’s Bitcoin ETF Sets New Records Amid Growing Institutional Demand

Wall Street has officially caught Bitcoin fever. And at the center of the frenzy stands BlackRock’s iShares Bitcoin Trust (IBIT), which has now taken the crypto investment narrative to a whole new level. On Thursday, as Bitcoin surged to an all-time high of $111,807, IBIT soared to the top of

May 24, 2025 2 mins read

Crypto Trader Charged in NYC After Tourist Held Captive in Manhattan

A Shocking incident that has sent chills through the cryptocurrency sector and the general public. A 28-year-old Italian tourist was reported of kidnap and torture for over two weeks by a crypto trader in a sophisticated apartment in Manhattan. The 37-year-old suspect, John Woeltz from Kentucky, was arrested on May

May 24, 2025 2 mins read

Upbit Halts Stacks (STX) Deposits and Withdrawals Amid Network Block Delays

According to a recent official announcement, South Korea’s largest cryptocurrency exchange Upbit has temporarily suspended its STX transaction services. This follows after continued delays in Stacks network’s block generation. The suspension remains in effect until the exchange confirms that deposit and withdrawal operations can proceed safely. The decision follows reports

May 24, 2025 2 mins read

Most $TRUMP Holders Sold Before Gala Dinner, Triggering Ethics Concerns

The $TRUMP holders who were invited to the exclusive gala dinner held none of the tokens in the wallets by the time they attended the dinner at Trump National Golf Course on May 22.  A report from Solscan reveals that only eight of the top 25 VIPs kept the balance

May 24, 2025 2 mins read

U.S. DOJ Recovers $2.5M in Crypto from Fraud Schemes, Aims to Restore Market Trust

As a bold step against cryptocurrency fraud, the U.S. Department of Justice (DOJ) has declared that it has forfeited around $2.5 million in cryptocurrency, all of which is tied to fraudulent investment scams that took advantage of growing public interest in the crypto sector. The DOJ’s May 23 announcement is

May 24, 2025 2 mins read

Polygon Co-Founder Mihailo Bjelic Steps Down from Foundation and Labs

One of the co-founders of Polygon, Mihailo Bjelic, has stepped down from the blockchain project in which he was involved. He is resigning from the Polygon Foundation board and terminating his role at the main development Studio, Polygon Labs.  The co-founder posted on X, asserting that after a lot of

May 24, 2025 2 mins read