European law enforcement in January arrested 17 suspects of a “mafia crypto bank” who are said to have laundered over 21 million euros ($23.5 million) in crypto for criminal entities in China and the Middle East. The money laundering services were allegedly carried out on behalf of other criminal networks engaged in migrant smuggling and … Read more
Pi Network, which recently surged to $1.40 following a 100% price jump, has now fallen by 33%. The token is currently trading at around $0.86. The sharp drop comes after a May 14 announcement from the Pi Core Team that left many supporters disappointed and angry. What Happened? On May 14, the Pi Core Team … Read more
Senators push Treasury to shield U.S. crypto firms from devastating tax on unrealized gains, warning of risk to digital asset leadership. Treasury Pressured to Act Fast as Unrealized Crypto Gains Face Tax Storm U.S. Senator Cynthia Lummis (R-WY) and Senator Bernie Moreno (R-OH) are calling on the U.S. Department of the Treasury to act swiftly … Read more
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este … Read more
US Democrat lawmakers have sent a letter to the US Treasury demanding access to suspicious activity reports (SARs) on several Trump-backed crypto projects as part of the latest probe into the president’s digital ventures. Penned by representatives Gerald Connolly, Joseph Morelle, and Jamie Raskin, the May 14 letter asks Treasury Secretary Scott Bessent for all … Read more
If you think House Republicans’ rush to revive Trump’s tax plan is good news for middle-class families, think again. What’s really happening is a sneaky return to a tax scheme that favors the wealthy and leaves everyday Americans stuck holding the bill. The bill claims it’s about cutting taxes for families, seniors, and workers—echoing Trump’s … Read more
Ripple’s USD-backed stablecoin RLUSD is exploding across finance, powering everything from institutional collateral and DeFi trades to tokenized assets and global peer payments—all on the XRP Ledger. Ripple Spotlights RLUSD’s Expanding Real-World Use Cases Across Finance Ripple provided an in-depth look on May 13 at the growing number of real-world use cases for stablecoins, with … Read more
A surprising claim has been made about former SEC Chairman Gary Gensler, who was frequently criticized for his negative approach to Bitcoin and cryptocurrencies. Former U.S. House Financial Services Committee Chairman Patrick McHenry said Gensler was not specifically against cryptocurrencies. Noting that Gensler’s stance on cryptocurrencies is very different from his private life, McHenry said … Read more
Ripple’s USD-backed stablecoin RLUSD is exploding across finance, powering everything from institutional collateral and DeFi trades to tokenized assets and global peer payments—all on the XRP Ledger. Ripple Spotlights RLUSD’s Expanding Real-World Use Cases Across Finance Ripple provided an in-depth look on May 13 at the growing number of real-world use cases for stablecoins, with … Read more
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Dogecoin (DOGE) just broke out of a Descending Channel pattern, indicating a potential shift from a bearish to a bullish position. After months of trading within a downward trend, the meme coin appears to be preparing for its next leg up, with … Read more