Spanish authorities, supported by Europol and law enforcement from Estonia, France, and the United States, have dismantled a major cryptocurrency investment fraud network responsible for laundering €460 million, worth almost $540 million, stolen from over 5,000 victims across the world. On June 25th, the Guardia Civil arrested five individuals, three on the Canary Islands and…
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Crypto venture capital firm Pantera has launched what it calls a “Digital Asset Treasury” (DAT) fund to provide investors with exposure to the new and rapidly expanding sector of crypto treasury companies that hold large amounts of digital assets on their balance sheets. A curious phenomenon has arisen, whereby public companies that purchase crypto for…
Circle Internet Group the issuer of the USDC stablecoin, has formally applied for a national trust bank charter from the U.S. Office of the Comptroller of the Currency. The move was made public via a June 30 press release by Circle Internet Group. If approved, the new entity, First National Digital Currency Bank, N.A., would…
AppsForBharat, the Indian startup behind the Hindu devotional app Sri Mandir, has raised $20 million in a new round — just over nine months after securing $18 million — as the app continues to attract not only devotees but also strong investor interest. Susquehanna Asia Venture Capital led the Series C round with participation from…
Key Takeaways Kraken has launched tokenized stock trading for 60 major US equities including Apple and Tesla. The xStocks service allows trading of digital shares 24/5, excluding US residents. Share this article Backed Finance, a pioneer in bringing traditional financial assets on chain, is launching xStocks, a suite of over 60 tokenized stocks and ETFs,…
Oh hey there! If you’re here, it must be time for Wordle. As always, we’re serving up our daily hints and tips to help you figure out today’s answer. If you just want to be told today’s word, you can jump to the bottom of this article for today’s Wordle solution revealed. But if you’d…
A global crypto fraud empire that funneled over half a billion dollars from thousands of victims has been dismantled in a sweeping international operation spanning three continents. Crypto Fraud Network Dismantled: Europol, Spain Arrest 5 in Major Bust A sweeping crackdown on a global cryptocurrency scam has unraveled a vast network that siphoned millions from…
Metaplanet has made headlines yet again with the expansion of its Bitcoin treasury. The Japanese company now holds 13,350 Bitcoin – propelling it to the fifth-largest corporate Bitcoin holder globally, beating Tesla, Coinbase and more. In its latest move, Metaplanet purchased a $108 million purchase of 1005 BTC. The move comes as part of an…
As Congress races to pass President Donald Trump’s “Big Beautiful Bill,” it’s also sprinting to placate the many haters of the bill’s “AI moratorium” provision which originally required a 10-year pause on state AI regulations. The provision, which was championed by White House AI czar and venture capitalist David Sacks, has proved remarkably unpopular with…
