A long-running Australian multi-agency investigation has dismantled a sophisticated money laundering scheme in Queensland, charging four individuals and freezing $13.7 million. At the heart of the alleged operation was a security company that reportedly converted $124 million in cash into cryptocurrency to conceal illicit funds.
Masterminds Convert Cash to Crypto in Bid to Hide Funds
An Australian…
XRP blasts into the Nasdaq Crypto US Settlement Price Index, marking a monumental step toward institutional adoption and setting the stage for unprecedented market expansion.
XRP Included in Nasdaq Index Redesign
On June 6, the Hashdex Nasdaq Crypto Index US ETF submitted…
The Central African Republic (CAR) is set to launch a new platform allowing global investors to purchase tokenized land concessions using the CAR token on Solana.
President Faustin-Archange Touadéra stated that these land parcels are cleared, registered, subdivided, and…
Analyst Projects $515B Tether Valuation—CEO Says BTC and Gold Are Missing From the Equation
June 9, 2025
Tether CEO Paolo Ardoino responded positively to an analyst’s $515 billion valuation of the stablecoin issuer, calling it “a beautiful number,” but ruled out the company going public.
Ardoino: Valuation ‘A Bit Bearish’
Tether CEO Paolo Ardoino has described an analyst’s $515 billion valuation of the stablecoin issuer as “a beautiful number.” He also suggested that the figure could…
Crypto regulation is poised for a breakthrough as a top SEC official champions streamlined oversight, expanded custody options, and investor-friendly policies empowering digital asset adoption.
SEC Commissioner Aims to Cut Regulatory Red Tape in Crypto Oversight
U.S.
North Korea’s sprawling crypto laundering network has been hammered as U.S. authorities seized $7.74 million tied to fake IT jobs, blockchain trickery, and weapons funding.
DOJ Targets North Korea’s Crypto Laundering Network With Asset Seizure
The U.S. Department of…
Ukrainian law enforcement recently arrested a 35-year-old man accused of hacking over 5,000 customer accounts of a hosting company to mine cryptocurrency, resulting in a loss of $4.5 million.
Hacker Deploys Software to Remotely Manipulate Servers
Ukrainian cyber police officers and investigators from the Zaporizhia region recently arrested a 35-year-old man accused of hacking over 5,000 customer…
Binance is skyrocketing past 275 million users, fueling a global crypto revolution with blistering adoption rates, real-world utility, and dominance in digital financial infrastructure.
275 Million and Rising—Binance Solidifies Dominance in Explosive Digital Finance…
Stablecoins have quietly exploded into a multi-billion-dollar payments juggernaut, with several businesses leading the charge – and Tether dominating the field.
Artemis, Castle Island, Dragonfly Study: Stablecoin Monitoring Shows Several Unique Trends
Stablecoin payments…
A new study by Chainplay and Strorible reveals that nearly 45% of venture capital (VC)-backed crypto projects have shut down, and 77% fail to generate $1,000 in monthly revenue.
Top-Tier VC Firms Not Spared
Nearly half (45%) of venture capital (VC)-backed crypto projects have ceased operations, while 77% fail to generate $1,000 in monthly revenue, a new Chainplay and Strorible study has…
