Criminal Banking Organization Takedown Across Europe Includes Crypto Operations

Europol has announced the arrest of 17 individuals involved in a criminal parallel banking organization that provided money laundering services across Europe, including the exchange of cryptocurrencies for cash. The operation, conducted on January 14, 2025, in Austria, Belgium, and Spain, followed previous successful actions against migrant smugglers. The arrested individuals, primarily of Chinese and … Read more

Ripple’s RLUSD Stablecoin Climbs to 312 Million Tokens, but 70% Is Held by Just 10 Wallets

Data shows that Ripple’s stablecoin RLUSD has crossed the 300 million threshold in total issuance. By the close of April, RLUSD’s circulating supply expanded from 294 million to its present total of 312 million coins. RLUSD Supply Jumps Past 300M Coins Ripple’s dollar-linked stablecoin RLUSD has expanded its supply by 61.66% since March 31. Following … Read more

Canada lags with stablecoin approach, but there’s room to catch up

The slow adoption of stablecoins in Canada has some local crypto industry observers concerned that the country is falling behind. The Canadian Securities Administrators (CSA) classified stablecoins as “securities and/or derivatives” in December 2022 after the FTX debacle that shook markets and turned many lawmakers against the crypto industry. Regulating stablecoins as a security has … Read more

Argentina Announces Tax Cuts for Mobile Phones and Electronics

The Argentine government announced a series of tax and import rate cuts affecting electronic devices and mobile phones. Manuel Adorni, the spokesperson for President Milei’s administration, announced that the import tariff for mobile phones will be slashed from 16% to 0, democratizing access to these devices. The reduction will be done in two waves: the … Read more

Coinbase fires compromised agents in India— Report

Coinbase has reportedly fired a group of customer support agents following their alleged involvement in social engineering attacks on users. The contracted agents were based in India. According to a May 15 Fortune interview, Coinbase’s chief security officer, Philip Martin, said the company flagged customer support contractors who allowed scammers access to user data, suggesting … Read more

Spot Bitcoin ETF inflows fall, but BTC whale activity points to bull market acceleration

Key takeaways: Spot Bitcoin ETF inflows dropped over 90% from $3 billion to $228 million in four weeks. While strong ETF inflows often drive Bitcoin rallies, recent data shows price movements can occur independently. Despite short-term selling pressure, long-term BTC whale buying suggests a potential continuation of the BTC uptrend. The Bitcoin (BTC) market posted … Read more

Canary’s Staked Tron ETF Seeks SEC Approval via Cboe Filing

Cboe has filed to launch a U.S. spot exchange-traded fund (ETF) offering staking exposure to Tron’s native currency TRX, betting its decentralized design and $25 billion market can meet the U.S. Securities and Exchange Commission’s (SEC) evolving crypto standards. Canary’s New ETF Bid: Track TRX With Built-In Staking Rewards Cboe BZX Exchange has filed a … Read more

Ethereum Altcoin Season Is About To Start – Will Nexchain Outperform Other Presale Tokens?

  As Ethereum’s price spike reignites optimism, many investors are moving their focus away from top-tier currencies and onto attractive presale cryptocurrency choices. Ethereum (ETH) has risen by more than 40% in recent weeks, exceeding $2,700 and aiming for $2,800, thanks to ETF inflows and institutional acquisitions. This surge of confidence is paving the way … Read more