6 US Banks Face Moody’s Downgrade
Moody’s has initiated a review for potential downgrades of six U.S. regional banks due to their considerable exposure to commercial real estate (CRE) loans. Moody’s Corporation, established in 1909 and…
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Intel Partners With African Development Bank to Train 3 Million in Advanced AI Skills
The African Development Bank (ADB) and Intel have announced a significant partnership to train three million Africans and 30,000 government officials in advanced artificial intelligence (AI) skills. According to the…
Andrew Tate Burns Over $10 Million Received in Meme Coin TOPG
Known lifestyle influencer and former kickboxer Andrew Tate has burned TOPG tokens valued at over $10 million after announcing it on social media. Tate received over 580 million TOPG tokens…
Hoskinson Laments the Disconnect Between Public Perception of Cardano and Its Fundamentals
The Cardano blockchain co-founder, Charles Hoskinson, has expressed frustration over what he perceives as a disconnect between the public perception of Cardano—shaped by influencers and media—and the project’s actual progress…
FBI Warns of Rising Government Impersonation Scams Demanding Crypto
The Federal Bureau of Investigation (FBI) Portland Division warned the public this week about a surge in scammers impersonating FBI agents and other government officials, demanding cash, gold, or cryptocurrency…
Ripple Teams Up With Clear Junction for GBP and EUR Payouts
Ripple has partnered with Clear Junction, a global leader in cross-border payment solutions for regulated institutions, to enhance cross-border payments, enabling instant and secure GBP and EUR payouts, with more…
Gold Rush Hits Seoul Streets: Gold Bars Now Sold in Vending Machines
Vending machines in Seoul, South Korea, are revolutionizing the traditional concept of buying gold by offering gold bars in various sizes. Situated within convenience stores throughout the affluent Gangnam district…
Crypto Scam Promoter Pleads Guilty, Faces Up to 20 Years in US Prison
Juan Tacuri, a major promoter of the cryptocurrency Ponzi scheme Forcount, later renamed Weltsys, has pleaded guilty to conspiracy to commit wire fraud in the Southern District of New York.…
Central Banks Boost Gold Reserves by 33 Tonnes in April
Global gold reserves rose by 33 tonnes in April, according to the World Gold Council. The Central Bank of Turkey was at the forefront, increasing its holdings by 8 tonnes.…
70% of Korean Crypto Exchanges Fail to Repay Customers After Closure, Regulator Says
A joint research effort by Korean regulators — the Financial Supervisory Service (FSS) and Korea Financial Intelligence Unit (FIU) — has revealed that seven out of 10 cryptocurrency exchanges in…
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