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The Neo Foundation has denied allegations of large-scale token sales following a sharp 35% decline in the price of NEO, the network’s native cryptocurrency. The organization also announced an internal investigation into recent token transfers to Binance, which some community members suspect may have contributed to the sudden price drop. The controversy emerged after blockchain analysts noticed significant NEO token …

Leading UK trade associations are urging the government to appoint a dedicated crypto envoy and implement a comprehensive action plan to support the country’s growing digital asset industry. The call comes as the UK seeks to position itself as a global hub for cryptocurrency innovation while ensuring regulatory clarity and investor protection. The trade groups argue that a government-appointed crypto …

The U.S. Securities and Exchange Commission (SEC) and cryptocurrency exchange Gemini have jointly requested a 60-day pause in their ongoing legal dispute, indicating possible settlement discussions. The case, centered on Gemini’s Earn program, has been a focal point in the broader regulatory scrutiny of crypto lending services. The SEC sued Gemini in early 2023, alleging that the Earn program constituted …

Japanese investment firm Metaplanet has expanded its Bitcoin holdings with the acquisition of an additional 160 BTC, bringing its total reserves to 4,206 BTC. The latest purchase underscores the company’s ongoing strategy of increasing its exposure to Bitcoin as a long-term store of value. Metaplanet has been steadily accumulating Bitcoin amid growing institutional interest in digital assets. The firm’s decision …

South Korean authorities have launched an international manhunt for suspects involved in an over-the-counter (OTC) USDT theft operation. Law enforcement agencies are working with international partners to track down individuals accused of orchestrating a large-scale fraud involving Tether (USDT), one of the most widely used stablecoins in the crypto market. According to investigators, the suspects allegedly lured victims into OTC …