Diosnel Alarcon, head of the cybercrime unit of the National Police of Paraguay, has indicated that over $4 billion was moved by cryptocurrency scams and Ponzi schemes in 2023 and 2024. Alarcon stated that middlemen help these platforms thrive, as people investing don’t know the basics of crypto.
Paraguay Registers $4 Billion in Cryptocurrency Scams
Cryptocurrency scams and Ponzi schemes are…
Grocery Giant SPAR Dips Toe Into Crypto Payments
April 18, 2025
SPAR, one of the world’s largest grocery retailers with over 13,900 stores across 48 countries, is stepping into the future of payments. In an exciting development, SPAR Switzerland is now testing cryptocurrency payments, accepting Bitcoin via the Lightning Network at its…
In a Nutshell
Bitcoin dropped 0.8% to $83,904 amid broader equities decline due to tariff concerns. The global crypto market cap fell by 1.07%, with Ethereum and cardano also slipping. Stock indices dipped slightly as Citigroup and Bank of America warned about economic…
Ripple eyes a landmark SEC settlement paid in XRP as CEO Brad Garlinghouse boldly forecasts bitcoin hitting $200,000, signaling explosive momentum for the crypto market.
Ripple Discusses Settling With SEC Using XRP, CEO Sees $200K Bitcoin Ahead
Ripple Chief Executive Brad Garlinghouse said the company’s settlement with the U.S. Securities and Exchange Commission (SEC) could potentially involve…
China Jails 9 in $6M Crypto Scam Hitting Indians
April 16, 2025
China cracks down hard on cross-border crypto fraud, jailing fraudsters in a major blow to digital crime targeting Indians.
China Drops Heavy Prison Terms Over Cross-Border Crypto Fraud on Indians
A wide-reaching crypto scam targeting Indian nationals has led to harsh prison…
Democratic Senators Sheldon Whitehouse and John Fetterman introduced the “Clean Cloud Act of 2025” this week, proposing regional emissions limits and financial penalties for cryptocurrency mining operations and artificial intelligence (AI) data centers that exceed…
Crypto scammers are sweeping through Hawaii with emotionally manipulative schemes that are draining millions from victims, exploiting fake friendships and fraudulent investments in digital currency.
Crypto Scams Sweep Through Hawaii—Victims Hooked by Fake Friendships
A scam targeting older residents has prompted a public warning from the Kauai Police Department (KPD), which issued the alert from…
Welcome to Latam Insights, a compilation of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, the Argentine lower chamber will investigate Libra’s launch, cryptocurrency can now be legally seized in Brazil, and the…
Trump just obliterated the IRS’s controversial DeFi reporting mandate, turbocharging crypto innovation and slamming the brakes on overreaching tax surveillance in decentralized finance.
Trump Nukes IRS DeFi Rule With Pen Stroke—Crypto’s Future Just Got…
The FDIC has thrown open the gates to crypto innovation, scrapping key barriers and embracing blockchain with a push for regulatory clarity.
FDIC Shifts Crypto Rules, Sets the Stage for Digital Asset Banking Boom
Acting Chairman Travis Hill used his address at the American Bankers Association’s Washington Summit on April 8 to lay out the U.S. Federal Deposit Insurance Corporation’s (FDIC)…
