CryptoNews

SEC, CFTC Target Goliath Ventures Over $400M Crypto Ponzi

Federal regulators have targeted Goliath Ventures over an alleged crypto Ponzi scheme involving more than $400 million. The CFTC cites 1,600 customers, while the SEC alleges at least $425 million was raised from over 1,300 investors. Key Takeaways About 1,600 customers contributed at least $397 million. The SEC alleges at least $425 million was raised from over 1,300 investors. The CEO already…
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CryptoNews

What Is FINMA? Why Crypto Firms Keep Flocking to Switzerland

Switzerland has turned financial regulation into a competitive machine, pairing the Swiss Financial Market Supervisory Authority, better known as FINMA, with specialized regulatory pathways that have helped make the country one of the world’s premier destinations for…
CryptoNews

$2B Crypto Investor Harry Yeh Plunges to Death in Paraguay

Yeh fell to his death from the 30th floor of the Jade Park Building, one of the highest residential complexes located in Asuncion, Paraguay. Police are investigating whether Yeh, who was found totally naked and covered by a black bag, was alone at the time of his fall. Key…
CryptoNews

Report: North Korea’s Kimsuky Turns AI Into a Crypto Hacking Weapon

North Korea-linked hacking group Kimsuky is building and testing an expanding arsenal of artificial intelligence (AI) tools that researchers say could eventually help automate phishing, analyze stolen data and sharpen malware development. Key Takeaways Kimsuky tested 3 local AI platforms as North Korea expands its cyber capabilities. Genians says Kimsuky has used AI-generated phishing documents…
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CryptoNews

CLARITY Act Leaves 5 Loopholes, From Pensions to Trump’s $1.4B Crypto

Senate Banking Committee minority staff say the Digital Asset Market Clarity Act fails five minimum standards, potentially leaving pensions exposed and failing to stop President Trump’s next $1.4 billion in crypto profits. A procedural Senate vote is set for Sept. 15. Key Takeaways Staff say the bill would not stop Trump’s next $1.4 billion in crypto profits. Investor advocates and five major…
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Germany Mulls Bitcoin Critic Nagel’s Bid for ECB Presidency

Conversations in Berlin are taking place to decide whether Germany will support Joachim Nagel, the current president of the Bundesbank, in a potential bid for the Presidency of the ECB. Nagel, who would emerge as a dark horse, has a negative stance on bitcoin and crypto. Key…
CryptoNews

Dubai Duty Free Brings Crypto.com Pay to Airport Retail in UAE

Dubai Duty Free has introduced Crypto.com Pay as a regulated digital payment option for eligible UAE residents, allowing customers to use their Crypto.com accounts at airport stores and online. The rollout integrates crypto-enabled payments into global travel retail. Key…
CryptoNews

Fake XRP Airdrops Spread Online as Foundation Urges Users to Stay Alert

Fake XRP airdrops, reward scanners, and phishing campaigns are targeting investors, prompting the XRP Ledger Foundation and RippleX to issue security warnings on X. The alerts highlight impersonation accounts, fraudulent promotions, and wallet traps designed to obtain sensitive information or trick investors into unsafe actions. Key Takeaways XRP investors face fake airdrops, wallet scans, and…
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