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Xinbi Guarantee, a Telegram-based illicit marketplace, has facilitated over $8.4 billion in cryptocurrency transactions, primarily in Tether (USDT). This Chinese-language platform, operating under the guise of Xinbi Co. Ltd., a Colorado-incorporated company, provides a range of services to Southeast Asian…
A brazen kidnapping attempt targeting the daughter and grandson of Pierre Noizat, CEO of French crypto exchange Paymium, was thwarted in Paris on May 13th. Three masked assailants attacked Noizat’s daughter and her male partner as they walked with the…
Tether, the stablecoin issuer, recently made a significant investment in Bitcoin on behalf of Twenty One Capital, a Bitcoin investment firm it backs. This investment involved the purchase of 4,812.2 Bitcoin (BTC) at $95,319 each, totaling $458.7 million. The Bitcoin…
US Senators Cynthia Lummis and Bernie Moreno are urging Treasury Secretary Scott Bessent to revise a tax provision impacting corporate digital asset holdings. Their May 12th letter proposes amending the definition of “adjusted financial statement income” under existing US law,…
Bitcoin’s price remains robustly above $100,000, fueled by a “risk-on” market sentiment. This positive shift follows a significant drop in the CBOE Volatility Index (VIX) to 20, its 30-year average, down from a peak of 60 earlier in 2025. This…
CoinShares’ First Quarter 2025 Results Reveal Profit Decline Amidst Market Volatility CoinShares, a prominent digital asset investment firm, reported a significant decrease in net profit for the first quarter of 2025. Net profit fell to $24 million, representing a 42.2%…
The GENIUS Act, a bill aiming to regulate stablecoins in the US, faces an uncertain future. After failing to pass the Senate on May 8th due to concerns over President Trump’s financial ties to the cryptocurrency industry, a motion to…
Solana’s robust performance across key metrics suggests a promising future for its native token, SOL. The network boasts a remarkable $10.9 billion Total Value Locked (TVL), surpassing the entire Ethereum layer-2 ecosystem. This dominance is further underscored by a 109%…
Coinbase’s strategic partnership with Stablecorp aims to expand access to tokenized Canadian dollars through Stablecorp’s QCAD stablecoin. This initiative is driven by the need for a robust, efficient payment system within Canada, addressing limitations such as high costs and slow…
Bitcoin’s bullish momentum continues, but indicators suggest potential overheating. A recent 39% surge, briefly pushing Bitcoin (BTC) above $105,000, has seen traders taking profits, driving Bitcoin’s realized cap to an all-time high of $889 billion. While Glassnode analysts highlight renewed…
