Cryptocurrency

Russian National Accused of Laundering $530M in Crypto Using Tether A Russian national named Iurii Gugnin has been accused of laundering $530 million in cryptocurrency, primarily using Tether (USDT), while allegedly bypassing international sanctions. According to reports, Gugnin used falsified documents to deceive U.S. banks and facilitate large-scale transactions for Russian clients. The scheme reportedly […]

Gen Z Embraces Crypto for Daily Spending While Gen X Leads in High-Value Transactions Cryptocurrency adoption is growing rapidly, with younger generations leading the charge in everyday use. A recent study reveals that 36% of Gen Z consumers use crypto for daily purchases, while Gen X dominates high-value spending. Gaming, travel bookings, and routine expenses

Investors Flock to Spot Ether ETFs as Inflows Hit $727 Million Spot Ether ETFs experienced a surge in demand on Wednesday, with BlackRock and Fidelity leading the charge. Daily inflows reached a record $727 million, pushing the total holdings of these funds to over 4% of Ether’s circulating supply. The strong inflows come as altcoins

US House Advances Three Crypto Bills After Lengthy Stalemate Over CBDC Ban The US House of Representatives has pushed forward three cryptocurrency-related bills following a nine-hour procedural standoff, marking one of the longest voting delays in recent history. The holdup was caused by a group of Republicans who refused to yield until language banning central

US Prosecutors Move to Block Testimony on Crypto Kidnappings in Tornado Cash Case US attorneys are pushing forward with their case against Tornado Cash co-founder Roman Storm, calling witnesses and filing a motion to exclude testimony related to cryptocurrency-linked kidnappings and torture. The legal battle continues as prosecutors aim to narrow the focus of the

XRP is frequently dismissed as lacking a clear use case, yet it continues to outperform many other cryptocurrencies in the current bull market. This contradiction raises an important question: why does XRP maintain its relevance and value despite the skepticism? One reason is its strong backing by Ripple, the company behind the cryptocurrency. Ripple has

A Trader Turned $6,800 Into $1.5 Million Using a High-Risk Crypto Strategy By leveraging a trading bot on a perpetual futures exchange, one trader managed to turn an initial investment of $6,800 into an astonishing $1.5 million. The strategy relied heavily on maker rebates and a deep understanding of market microstructure to maximize gains. The

EU Sanctions Crypto Entities Over Election Interference and Disinformation The European Union has imposed sanctions on several entities accused of exploiting cryptocurrencies to bypass financial restrictions, funnel money, and spread pro-Russian disinformation campaigns aimed at influencing elections. The move highlights growing concerns over the misuse of digital assets for geopolitical manipulation. According to EU officials,