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The U.S. Treasury Department has launched a significant crackdown on a sprawling crypto fraud empire, exposing a shocking $3.5 billion “pig-butchering” scam operation with ties to the Karen National Army (KNA), a Myanmar-based ethnic militia group. This groundbreaking investigation reveals how a sophisticated web of deceptive schemes has targeted vulnerable individuals across the globe, funneling billions of dollars into criminal …

Bybit, one of the leading cryptocurrency exchanges, has recently made waves by introducing 500x leverage on U.S. stocks and gold—a move that could revolutionize retail trading, but not without serious risks. The offering, which allows traders to control positions worth up to 500 times their initial investment, is raising questions about whether this is a breakthrough for the financial industry …

A dramatic shift in cryptocurrency markets has placed former President Donald Trump’s price prediction for digital assets under scrutiny, following an unexpected $800 million surge in trading volume. The massive dump has left investors and analysts questioning the accuracy of Trump’s forecast, as well as the stability of the market in the face of such volatility. Trump, who has recently …

Republican lawmakers are pressing forward with the long-awaited GENIUS Act, a landmark bill aimed at establishing a federal regulatory framework for stablecoins, as it heads to a floor vote in the House on Thursday—despite mounting objections from Democratic members. The bill, formally known as the Guaranteed Essential Neutrality in the Issuance of Stablecoins (GENIUS) Act, seeks to clarify the roles …

The rollout of Russia’s central bank digital currency (CBDC), the digital ruble, may be postponed until 2027, according to comments from a prominent Russian economist. The delay could signal broader challenges in the country’s efforts to modernize its financial infrastructure amid shifting geopolitical and economic conditions. Speaking to Russian media, economist Vladislav Ginko noted that although the Central Bank of …