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UK Shuts Down Crypto Advisory Firm for Misleading Investors and Poor Financial Records

The UK government announced this week that the Insolvency Service has secured a winding-up order against cryptocurrency advisory firm Amey Finance Academy Ltd at the High Court. The company, created…

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25 Fastest Blockchain Networks Revealed, Bitcoin and Ethereum Not in Top 15: CoinGecko

By examining the processing speed of the largest blockchain networks in terms of total value locked on DeFiLlama, CoinGecko outlined the fastest based on the actual and realized transactions-per-speed (TPS)…

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World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency

The World Bank has announced that it will issue its first CHF digital bond on June 11. This 7-year, CHF 200 million ($219 million) bond is the largest CHF issuance…

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US Authorities Arrest Chinese Nationals Allegedly Behind Crypto Scam Network

An indictment unsealed in the Central District of California charges two Chinese nationals, Daren Li and Yicheng Zhang, with leading a scheme to launder at least $73 million tied to…

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Russia and Iran Collaborating on Single BRICS Currency, Iranian Ambassador Says

Russia and Iran are collaborating on creating a single BRICS currency, the Iranian ambassador to Russia has claimed. He noted that over 60% of the two nations’ bilateral trade is…

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14 Years Ago, an Individual Offered 10,000 Bitcoins for 2 Pizzas, Finalizing the Deal in 4 Days

Approximately 14 years ago today, Laszlo Hanyecz posted on bitcointalk.org, offering 10,000 bitcoins for “a couple of pizzas.” However, most people are not aware that it took him four days…

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This is How Much Bitcoin (BTC) El Salvador Has Mined Using Volcanic Energy: Report

Since 2021 when El Salvador began validating Bitcoin blocks with volcanic energy, the Central American country has mined 474 BTC worth approximately $29.6 million at current prices. According to a…

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Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers

Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its bankruptcy liquidation. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter…

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Binance Aids Taiwan in Busting $6M Crypto Money Laundering Ring

Binance’s Financial Crimes Compliance Department recently collaborated with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office on a significant cryptocurrency-assisted money laundering case involving nearly NT$200…

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