Crypto trader turns $2K PEPE into $43M, sells for $10M profit
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A savvy cryptocurrency trader reportedly turned $2,000 into more than $43 million by investing in the memecoin Pepe at its peak valuation, despite the token’s extreme volatility and lack of underlying technical value. The trader made an over 4,700-fold return on investment on the popular frog-themed Pepe (PEPE) cryptocurrency, according to blockchain intelligence platform Lookonchain. […]

Crypto’s 2025 Paradox: $610B Evaporates While Some Assets Defy Gravity With Triple-Digit Leaps
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In the 89 days since 2025 dawned, the cryptocurrency sphere has shed a staggering $610 billion in collective worth. Yet amidst this contraction, a handful of digital tokens have defied gravitational pressures to chart luminous trajectories. Four (FORM), formerly known as binaryx (BNX), has skyrocketed 457.5% against the U.S. dollar since Jan. 1. Jan. 1 […]

T-Mobile Hit With $33M SIM Swap Award Over Crypto Theft
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T-Mobile was ordered to pay $33 million after an arbitration panel found it liable for “numerous security failures” enabling a SIM swap that led to crypto theft. Crypto Theft via SIM Swap Leads to $33 Million Loss for T-Mobile Law firm Greenberg Glusker shared on March 20 that it had obtained a $33 million arbitration […]

Stablecoin rules needed in US before crypto tax reform, experts say
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United States cryptocurrency regulations need more clarity on stablecoins and banking relationships before lawmakers prioritize tax reform, according to industry leaders and legal experts. “In my view, tax isn’t necessarily the priority for upgrading US crypto regulation,” according to Mattan Erder, general counsel at layer-3 decentralized blockchain network Orbs. A “tailored regulatory approach” for areas […]

Stablecoin rules needed in US before crypto tax reform, experts say
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United States cryptocurrency regulations need more clarity on stablecoins and banking relationships before lawmakers prioritize tax reform, according to industry leaders and legal experts. “In my view, tax isn’t necessarily the priority for upgrading US crypto regulation,” according to Mattan Erder, general counsel at layer-3 decentralized blockchain network Orbs. A “tailored regulatory approach” for areas […]

Stablecoin rules needed in US before crypto tax reform, experts say
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United States cryptocurrency regulations need more clarity on stablecoins and banking relationships before lawmakers prioritize tax reform, according to industry leaders and legal experts. “In my view, tax isn’t necessarily the priority for upgrading US crypto regulation,” according to Mattan Erder, general counsel at layer-3 decentralized blockchain network Orbs. A “tailored regulatory approach” for areas […]

Thai SEC Files Criminal Complaint Against OKX for Unlicensed Operations
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Thailand’s Securities and Exchange Commission (SEC) has filed a criminal complaint against Aux Cayes FinTech Co. Ltd., the operator of the digital asset exchange OKX, and nine associated individuals for allegedly operating an unlicensed digital asset exchange. The complaint, submitted to Thailand’s Economic Crime Suppression Division, claims that OKX violated the Emergency Decree on Digital […]

What are crypto-backed mortgages, and how do they work?
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What are crypto-based mortgages? Crypto-backed mortgages are a kind of loan where borrowers use their cryptocurrency holdings, such as Bitcoin (BTC) or Ether (ETH), as collateral to secure financing for real estate purchases. This approach allows you to access funds without selling your digital assets. By retaining crypto ownership, borrowers can still benefit from future […]

Mercuryo CEO: Crypto’s Arrival on the World Stage Won’t Be a ‘Eureka Moment’
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According to Petr Kozyakov, trust in traditional finance, notwithstanding its inefficiencies, creates hesitancy among businesses and regulators regarding stablecoins. Traditional Finance Inertia Hinders Crypto Adoption Despite the early promises of blockchain technology to revolutionize global finance, cryptocurrency payments, while gaining traction, remain a small fraction of the overall market. Industry experts point to a combination […]

FSCA Warns South African Investors to Steer Clear of Unlicensed Crypto Firms
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South Africa’s financial services industry watchdog has issued a warning against unlicensed crypto trading firms accused of soliciting public funds while promising unrealistic returns of up to $542 per day. Unlicensed Crypto Firms Use Celebrity Names to Promote Offerings South Africa’s financial services industry watchdog, the Financial Sector Conduct Authority (FSCA), has issued a public […]

Viral Fame, Volatile Finance: SEC Closes Book on ‘Hawk Tuah’ Crypto Drama
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As detailed in a recent disclosure from American entertainment media outlet TMZ, Haliey “Hawk Tuah” Welch announced the U.S. Securities and Exchange Commission (SEC) has concluded its inquiry, issuing no charges or penalties against her. Hawk Tuah’s Legal Odyssey Ends With SEC Pass Welch, a 22-year-old Tennessee native, catapulted into viral stardom in June 2024 […]