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
eToro Group made a fantastic debut on the U.S. exchange on Wednesday, with the stock price surging almost 30% on its first day of trading. Its stock price closed at $67, above its IPO price of $52. It brings the company’s market capitalization to over $5.5 billion. Upsized Offering Reflects
Recent BNB price action shows the asset pushing above critical resistance levels while DOGE demonstrates remarkable resilience against negative headline risks. Meanwhile, emerging GambleFi powerhouse BitLemons (BLEM) is positioned for explosive growth thanks to its revolutionary approach to the online casino space. Keep reading to discover why analysts are predicting
As per the Swiss multinational investment bank, UBS Group, the high-net-worth clients in Asia are slowly shifting away from US dollar-based investments and preferring gold, cryptocurrencies, and Chinese assets. The co-head of wealth management for Asia of the Swiss bank, Amy Lo, stated that Gold is getting very popular in
Belize, Belize, 14th May 2025, Chainwire
Republican Senators Cynthia Lummis (WY) and Bernie Moreno (OH) are sounding the alarm on potential tax pitfalls facing companies holding digital assets. In a recent letter to Treasury Secretary Scott Bessent, the two lawmakers urged the department to clarify how the Corporate Alternative Minimum Tax (CAMT) applies to unrealized gains
The CoinShares report reveals that the global crypto investment product generated around $882 million in the last week and has taken the year-to-date inflows to stand at $6.7 billion. However, it is still less than the record of $7.3 billion made at the beginning of February. In the past four
Robinhood has announced a $179 million all-cash deal to acquire Canadian crypto firm WonderFi, accelerating its international expansion. The agreement values WonderFi shares at C$0.36 each, representing a 41% premium over the May 12 closing price and a 71% premium over the 30-day volume-weighted average. The deal, confirmed on May
Animoca Brands, a Hong Kong-based digital assets investor known for its major role in blockchain gaming and NFTs, is preparing for a U.S. IPO. This move coincides with the new crypto-friendly atmosphere in Washington created by Donald Trump’s resurrection. Yat Siu, the executive chairman of the company, further stressed the
