South Korea has arrested 25 individuals linked to coordinated fake cryptocurrency investment scams targeting retail investors. The arrests were made in Jeju, where authorities uncovered four interconnected fraud rings. These groups operated under the appearance of legitimate investment firms, using call centers to pose as crypto advisors. Their tactics included
Can not understand what the buzz is about crypto? It is, at heart, digital money based on blockchain, a secure network that removes the middleman, like banks. Sounds easy to grasp, right? The problem is there are so many new tokens released every day it is difficult to identify which
Charles Hoskinson, Cardano’s founder, revealed new information on the upcoming Glacier Drop airdrop at Consensus 2025 in Toronto. The project involves distributing Midnight tokens to 37 million wallets across eight different blockchains. Glacier Drop’s Multi-Chain Token Distribution According to a post on X by BSCNews, Hoskinson confirmed that the Glacier
Nebraska is poised to join the growing list of U.S. states taking a firmer stance on crypto mining. On Tuesday, legislators voted unanimously to pass LB 526, legislation directed at curbing massive-scale cryptocurrency mining operations with high power consumption. The bill sailed through its last legislative hurdle with a 49-0
Tradoor, the first triple Perps, Options, and SocialFi DEX on The Open Network (TON), has announced $3.2 million in total funding to bring CEX-grade trading to Telegram. The rounds were led by TON Ventures and Kenetic Capital, with participation from Sigil Fund, Protagonist, VentureSouq, T Fund, TONX, Re7 Capital, and
The price of Pi Coin drops a staggering 33% over the last 24 hours, dropping from previous highs of $1.40 to just below $0.88. This freefall comes after the Pi Network Core Team revealed a $100 million venture capital fund. One that, lit a firestorm of criticism among its massive
MetaMask co-founder Dan Finlay has confirmed that the team is still considering a native token for the wallet. Speaking during a podcast interview with The Block’s Tim Copeland, Finlay addressed ongoing discussions about the long-rumored MASK token. He said that any official announcement would appear only through MetaMask’s wallet interface
The U.S. Securities and Exchange Commission (SEC) has delayed its decision on Grayscale’s spot Solana (SOL) ETF. The new deadline has been pushed to October 2025, according to a filing dated May 13. The application aims to list the ETF on the New York Stock Exchange (NYSE). This move mirrors
Nasdaq-listed GD Culture Group has committed up to $300 million to buy Bitcoin and the Trump-themed TRUMP memecoin. The announcement came in a May 11 SEC filing. The company plans to use funds raised from a stock deal with an unnamed investor in the British Virgin Islands. GDC has no
Coinbase, perhaps the most significant cryptocurrency exchange in the world, is stepping into bold territory by investing in Stablecorp, which created the Canadian dollar-backed stablecoin QCAD. At the Blockchain Futurist Conference in Toronto, it was announced in a strategic tie-up reflecting Coinbase’s general intention to cultivate digital innovation within Canada.
