Evita Pay used USDT to funnel cross-border payments. Clients included Sberbank, VTB Bank, Sovcombank, and Rosatom. 22-count indictment includes money laundering, wire fraud. In a sweeping indictment that highlights growing enforcement around sanctions evasion and crypto misuse, US federal prosecutors have charged Russian national Iurii Gugnin with running a sophisticated cross-border fraud and money laundering…
In a groundbreaking move, President Donald Trump has signed an executive order to create a U.S. Strategic Bitcoin Reserve. This reserve will include Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and Ripple (XRP), positioning the U.S. as a global leader in digital asset holdings. The initiative aims to bolster the nation’s financial security and…
In the second quarter of 2024, the XRP Ledger (XRPL) experienced a significant decline in on-chain activity. According to Ripple’s Q2 2024 XRP Markets Report, transaction volumes dropped by 65.6%, with approximately 86.38 million transactions recorded, compared to 251.39 million in the first quarter of the same year . This downturn coincided with a 168%…
Coinbase has introduced wrapped versions of XRP and Dogecoin—cbXRP and cbDOGE—on its Ethereum Layer 2 network, Base. These ERC-20 tokens are fully backed 1:1 by the original assets held in Coinbase custody, enabling users to utilize XRP and Dogecoin within the Ethereum ecosystem. This move aims to enhance the utility of these popular assets, allowing…
Financial and political implications of Trump’s “One Big Beautiful Bill” have been the front and centre of all financial debates in recent weeks. While many argue this legislation could prove a bane for the US national debt, high-profile crypto experts are convinced that it may actually emerge as a catalyst for Bitcoin’s next major rally,…
In a surprising move that sent ripples through the crypto market, Donald Trump’s social media platform, Truth Social, has officially filed to launch a Spot Bitcoin Exchange-Traded Fund (ETF). The filing, submitted through the parent company Trump Media & Technology Group (TMTG), marks a notable pivot into digital assets, suggesting growing institutional interest in Bitcoin….
NYSE Group filed paperwork Tuesday to list a “Truth Social Bitcoin ETF,” linked to Trump Media. Trump Media, majority-owned by Donald Trump, is partnering with Yorkville Advisors for the ETF. Yorkville America Digital is the sponsor; Crypto.com affiliate Foris DAX Trust Company will be custodian. Trump Media & Technology Group Corp. (TMTG) is moving closer…
Pi Network users are reporting second migration prompts amid unresolved KYC issues. 276M PI tokens are set to unlock in June, raising sell-off concerns. Currently, Pi Coin trades below $0.66 with bearish technical indicators. The Pi Network is facing renewed tension as community frustration grows over a fresh wave of migration prompts and persistent Know…
XRP open interest hits $5 billion, signalling possible breakout. Dogecoin jumps above $0.20 as traders rotate into meme tokens. Analysts forecast potential highs of $137K for BTC and $12K for ETH in 2025. The cryptocurrency market is gaining ground again in early June 2025, with Bitcoin, Ethereum, XRP, and Dogecoin all staging notable recoveries. As…
Cronos (CRO) token eyes rally as Crypto.com hits another regulatory milestone. The Crypto.com team announced it received a MiFID license. Optimism across crypto, as well as this milestone, could spark a bullish rally for the Cronos price. Cronos (CRO) is eyeing a potential rally as Crypto.com, the company behind the token and Crypto.com exchange, secures…
