A federal judge in Virginia has sentenced Ramil Ventura Palafox, the 61-year-old CEO of Praetorian Group International (PGI), to 20 years in prison for orchestrating a massive $200 million Bitcoin Ponzi scheme that defrauded over 90,000 investors worldwide. Palafox, a dual US-Philippine citizen, was convicted of wire fraud and money laundering after running the scam from December 2019…
ASIC now treats crypto as a key regulatory perimeter risk for 2026 Australia’s corporate watchdog, the Australian Securities and Investments Commission (ASIC), has officially added crypto and digital assets to its 2026 “key risk areas,” warning that fast‑moving fintechs in crypto, AI, and payments are operating on the edge of current regulation. In its annual Key…
GameStop has quietly moved its entire Bitcoin (BTC) hoard, all 4,710 BTC, worth about $422 million, to Coinbase Prime, and the crypto world is now buzzing with speculation: is the meme‑stock legend about to dump its Bitcoin and exit the crypto game? This move is a big deal in crypto news because it touches on…
Crypto derivatives platform Paradex recently hit a rough patch, unintentionally liquidating positions on its onchain perpetuals markets due to a maintenance bug. In a transparent post-mortem, the team rolled back the chain, refunded $650,000 to around 200 affected users, and fixed the root cause. It’s a reminder that even in the world of blockchain technology, sometimes the most painful…
Circle CEO Jeremy Allaire has slammed concerns that stablecoin yields could trigger bank runs, calling them “totally absurd” during a Davos panel at the World Economic Forum. His blunt pushback adds fuel to the ongoing debate over regulation and clears the air around how stablecoins actually fit into the modern financial system, separating noise from reality in…
In a high-profile Davos speech at the World Economic Forum, US President Donald Trump placed cryptocurrency and blockchain technology at the center of an escalating economic and strategic rivalry between the United States and China. Speaking before global political and business leaders, Trump warned that the US must act decisively to ensure China does not…
Bitcoin holders have flipped to net realized losses over the past 30 days for the first time since late 2023, signaling increased selling pressure from investors who accumulated BTC at higher prices. This shift is occurring as global markets react to heightened geopolitical tensions and aggressive trade rhetoric, with capital rotating toward traditional safe havens…
The New York Stock Exchange is building a groundbreaking 24/7 trading platform for tokenized stocks and ETFs, fusing traditional market infrastructure with blockchain settlement for instant execution. This major crypto news development promises round-the-clock access to fractionalized equities, marking Wall Street’s cautious but deliberate march toward fully onchain markets powered by blockchain technology. Tokenized assets get NYSE infrastructure NYSE parent…
The dramatic stalling of the CLARITY Act could ultimately benefit the crypto industry, according to prominent analyst Michaël van de Poppe, who warns that the current draft overreaches into decentralized finance (DeFi) and yield-bearing stablecoins. Coinbase’s abrupt withdrawal of support triggered White House frustration, but van de Poppe sees prolonged negotiations as the optimal path forward for blockchain technology innovation. Coinbase draws…
A crypto whale just suffered a catastrophic $282 million loss in one of the biggest social engineering attacks ever recorded, tricked by scammers impersonating Trezor support into revealing their hardware wallet seed phrase. This brutal crypto news incident reignites urgent warnings for crypto pur holders about phishing tactics exploiting even the most secure blockchain technology setups. Massive multi-chain theft execution On January 10…
