Key Points: Trump’s media group reveals financial control issues after audit fraud allegations. Investor confidence shaken due to governance and financial concerns. ETF partnerships may face scrutiny amid transparency questions. Trump Media & Technology Group, parent of Truth Social, recently disclosed financial reporting weaknesses in a filing with the U.S. Securities and Exchange Commission, citing … Read more
Former Maryland Gov. Martin O’Malley recently compared bitcoin to a Ponzi scheme while defending the U.S. Social Security Administration. The comparison drew criticism from bitcoin supporters, who countered by asserting that Social Security itself resembles a Ponzi scheme. O’Malley: Trump Administration After Social Security’s $2.6 Trillion Surplus In a recent speech defending the U.S. Social … Read more
Regulations The United Kingdom is taking decisive steps to position itself as a premier hub for digital assets. Finance Minister Rachel Reeves has introduced a sweeping proposal aimed at placing crypto firms under the same regulatory scrutiny as traditional financial institutions. The proposed framework—part of the upcoming Cryptoassets Order 2025—lays out six distinct areas of … Read more
Key Points: Florida teenagers charged with kidnapping, $4 million cryptocurrency theft impacts market. Event highlights growing security concerns in the digital asset sector. Blockchain analysis aids partial recovery of stolen cryptocurrency. Three teenagers from Florida were charged with kidnapping a man at gunpoint and stealing $4 million worth of cryptocurrency near Las Vegas on May … Read more
Today in crypto, Bitcoin SV (BSV) investors attempt to rekindle 2019 Binance lawsuit, Robert Kiyosaki has urged his followers to abandon what he calls “fake money” and adopt alternatives like Bitcoin, gold and silver, and BlackRock’s spot Bitcoin ETF posts 19-day inflow streak. Bitcoin Satoshi’s Vision investors attempt to rekindle lawsuit against Binance A group … Read more
Gemini, the well-known cryptocurrency exchange founded by the Winklevoss twins, has successfully secured a significant license from Malta, known as the MiFID II, paving the way for it to offer derivative products throughout the European Economic Area (EEA). This development allows Gemini to introduce a variety of derivative services, including perpetual futures, across the European … Read more
Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice. New players are emerging, and Ruvi is a contender, captivating the market’s … Read more
The government of El Salvador continues stacking Bitcoin (BTC) for its national crypto reserve, despite an ongoing deal with the International Monetary Fund (IMF) stipulating that the Central American country stop using public funds to purchase Bitcoin as one of the conditions for a loan agreement. According to data from the El Salvador Bitcoin Office, … Read more
A new report from Solidus Labs has exposed a huge amount of what it calls “fraudulent” activity on the Solana blockchain. The findings revealed that 98.6% of tokens launched on Pump.fun could be classified as either rug pulls or pump-and-dump schemes. Solana: A Hotbed for Meme Coin Scams? In its report, the crypto surveillance firm … Read more
A new study by the Bank for International Settlements reveals cross-border crypto asset flows surged to $2.6 trillion in 2021, with stablecoins and emerging markets reshaping global financial networks. High Inflation Spurs Bitcoin and Stablecoin Adoption in Emerging Markets, BIS Research Reveals The latest Bank for International Settlements (BIS) working paper #1265 reveals cross-border crypto … Read more