Scammers posing as Saudi Arabia’s Crown Prince Mohammed bin Salman has launched a fraudulent cryptocurrency, exploiting the growing hype around celebrity-endorsed memecoins. The deceptive token, branded as the “Official” Saudi Arabia memecoin (KSA), was introduced on February 17 through...
Bundesbank President Joachim Nagel emphasized the necessity of a state-controlled digital euro to mitigate private sector influence in global finance. At an OMFIF event at the London School of Economics, he cautioned about the risks associated with Bitcoin and...
Binance has announced plans to delist several tokens following a periodic review, but they were found to meet the platform’s standards no longer. In a statement issued to traders, the exchange confirmed that AirDAO (AMB), Clover Finance (CLV), StormX...
Twelve U.S. states have collectively invested $330 million in Strategy (formerly MicroStrategy) through their state pension funds or treasuries by the end of 2024. Bitcoin analyst Julian Fahrer highlighted that California, Florida, Wisconsin, and North Carolina have the highest...
The Jupiter team has responded to allegations regarding their participation in the controversial launch of the $LIBRA memecoin, which saw a rapid rise and subsequent crash after being promoted by Argentine President Javier Milei. In a now-deleted post, Milei...
China's Central Bank Digital Currency (CBDC) expansion significantly impacts global trade dynamics, placing Australia in a challenging position between Beijing and Washington. Marina Yue Zhang from the University of Technology Sydney suggests that the U.S. digital dollar ban could...
World, a human-centred financial and identity network, has officially launched in the Philippines, aiming to tackle the rising issues of online fraud, misinformation, and deepfakes. The World ID system now allows Filipinos to prove their humanness online, enhancing security...
Straits Millennium Pte Ltd, a subsidiary of Straits Financial Group, has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This license enables the company to provide digital payment token (DPT)...
El Salvador’s National Library (BINAES) is launching a dedicated Bitcoin section to promote public understanding of the cryptocurrency. This initiative will feature a curated collection of Bitcoin literature and an operational full-node display, spearheaded by Bitcoin educator PupusasG, a...
Bubblemaps analysts have found evidence linking the launch of the LIBRA memecoin to the team responsible for the controversial Melania (MELANIA) token. Their investigation suggests a pattern of market manipulation involving pump-and-dump schemes. In a post on February 17,...
