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87 deepfake scam rings taken down across Asia in Q1 2025: Bitget report

87 deepfake scam rings taken down across Asia in Q1 2025: Bitget report

The rise of AI know-how has additionally fueled a surge in AI-enabled fraud. In Q1 2025 alone, 87 deepfake-driven rip-off rings had been dismantled. This alarming statistic, revealed within the 2025 Anti-Rip-off Month Analysis Report co-authored by Bitget, SlowMist, and Elliptic, underscores the rising hazard of AI-driven scams within the crypto area. The report additionally … Read more

BOJ June meeting may pivot to QE, as next BITCOIN CATALYST: Hayes

BOJ June meeting may pivot to QE, as next BITCOIN CATALYST: Hayes

The Financial institution of Japan’s (BOJ) upcoming financial coverage assembly in June might present the following important catalyst for international danger belongings like shares and cryptocurrencies. The BoJ is ready to take its subsequent rate of interest choice at its upcoming financial coverage assembly on June 16–17. The central financial institution might present the following … Read more

CFTC Nominee Quintenz: Blockchain Will Reshape Society

CFTC Nominee Quintenz: Blockchain Will Reshape Society

Brian Quintenz, US President Donald Trump’s nominee to chair the Commodity Futures Buying and selling Fee (CFTC), has mentioned that blockchain is a foundational know-how poised to rework rather more than simply finance. In ready remarks forward of his Senate affirmation listening to shared with Cointelegraph, Quintenz identified the long-term impression of blockchain and cryptocurrencies. … Read more

Ripple Announces $5M Grant APAC Universities

Ripple Announces M Grant APAC Universities

Ripple Labs is ready to commit an extra $5 million to assist fund educational analysis and foster blockchain expertise within the Asia-Pacific area. In a weblog publish on Tuesday, Ripple Labs stated it will likely be committing the extra funding through its College Blockchain Analysis Initiative (UBRI), which is able to fund universities throughout six … Read more

AI Job Displacement Key Topic of Discussion

AI Job Displacement Key Topic of Discussion

The crypto group has taken a eager curiosity in synthetic intelligence of late, together with discussing its potential to switch people in jobs, in keeping with the onchain analytics platform Santiment.  Santiment’s Alpha Narratives dashboard discovered on numerous social media channels like X, between Might 29 and June 5, customers had been discussing numerous features … Read more

Five Plead Guilty To $37M Crypto Scam Scheme

Five Plead Guilty To M Crypto Scam Scheme

5 males have pleaded responsible to their roles in a $36.9 million worldwide crypto rip-off scheme that focused People, with funds finally being despatched to a crypto rip-off middle in Cambodia. The crypto scammers used shell firms and US financial institution accounts to rake within the stolen funds earlier than changing them into Tether (USDT) … Read more

US SEC Considering Innovation Exemption For DeFi

US SEC Considering Innovation Exemption For DeFi

The US securities regulator is engaged on an “innovation exemption” to stoke the creation of extra onchain services, in accordance with Securities and Change Fee chair Paul Atkins. Atkins, a former crypto lobbyist, mentioned throughout a Monday crypto roundtable led by the SEC’s crypto activity pressure titled DeFi and the American Spirit that he has … Read more

UK Appoints Crypto Specialist Reclaim Creditor Funds

UK Appoints Crypto Specialist Reclaim Creditor Funds

The UK Insolvency Service has appointed its first crypto intelligence specialist to assist recuperate crypto from chapter and legal instances. Andrew Small, a former police investigator with a background in financial crime, will lead efforts to hint and reclaim crypto belongings that haven’t been accounted for in these proceedings, in response to a June 9 … Read more

Russian Crypto Founder Charged Laundering $530M Into US

Russian Crypto Founder Charged Laundering 0M Into US

A crypto founder has been arrested in New York for allegedly utilizing his crypto agency, Evita Pay, to funnel round $530 million into the US from sanctioned Russian banks to assist Russians entry extremely delicate American expertise. Iurii Gugnin was hit with a 22-count indictment and can face costs associated to wire and financial institution … Read more