Crypto Market Snapshot: Cooling Down or Gearing Up? As of May 4, 2025, the crypto market is in a reflective mood. After a streak of bullish moves, we’re now seeing signs of consolidation. The global crypto market cap sits at $2.93 trillion, down 1 percent in the last 24 hours. Meanwhile, daily trading volume has…
The U.S. Treasury has blacklisted Cambodia’s Huione Group, accusing it of laundering over $4 billion in cybercrime-linked funds. The Treasury’s Financial Crimes Enforcement Network (FinCEN) identified Huione’s connections with North Korean hackers, cryptocurrency scams, and internet fraud syndicates. Other parties, including Google, Elliptic, and Cambodian authorities, confirmed Huione’s involvement in the alleged crimes. The US…
Texas’s 5th congressional district representative in the House of Representatives, Republican Lance Gooden, aged 47, proposed the implementation of cryptocurrency ATMs in government federal buildings. Gooden proposed issuing crypto ATMs in government buildings in a letter he sent to the General Services Administration (GSA) on Thursday, May 1st. The GSA is a department in charge…
In the first week of April, data published by the U.S. Bureau of Economic Analysis (BEA) reported that the Federal Reserve’s primary measure of inflation—the Personal Consumption Expenditures (PCE) price index—had increased by 2.3% compared to last year’s figures. Although this was lower than February’s 2.7% increase, the index was higher than economists’ forecasts, which…
A prime suspect in a significant 2022 U.S. cryptocurrency hack has been captured in Israel—reportedly attempting to escape the country using a new name and passport. Dual Russian-Israeli citizen Alexander Gurevich, 47, was arrested last Thursday, May 1, trying to flee to Russia from Tel Aviv’s Ben Gurion Airport, allegedly using travel documents with a…
Crypto Market Consolidates Gains, Greed Moderates Slightly Welcome back! As we analyze the crypto landscape on April 28th, the market appears to be taking a breather, consolidating after the strong rally witnessed earlier in the week. The global crypto market capitalization sits around $2.95 trillion, showing a minor pullback over the last 24 hours. Trading…
The final week of April marked the emergence of several noteworthy cryptocurrency stories from all over the African continent. These stories include Onafriq, an African payment service provider using stablecoin USDC for cross-border settlements. At the same time, over in Nigeria, law enforcement is going after eight people tied to the downfall of the CBEX…
UnitedStaking.com has brought forward an all-in-one staking platform for crypto, which provides social and eco-friendly initiatives alongside flexible and rewarding opportunities. Described as the leading global organization in blockchain-based financial services, UnitedStaking.com has recently launched their all-in-one crypto staking platform, which aims to provide flexible, secure, and rewarding opportunities for digital asset holders globally. Platform…
The Regional Trial Court in Makati ordered the forfeiture of cash in the amount of ¢189 million, which was seized in a 2023 raid at a cyber scam hub in Mabalacat, Pampanga. This ruling is in favor of the Philippine government and comes after significant legal action stemming from the large-scale operation; the court ruling…
Actor and crypto skeptic Ben McKenzie will soon direct a feature— a documentary titled “Everyone Is Lying to You for Money,” which he announced himself on Twitter. Following a Deadline report, we learned the doc is set to screen at SXSW London in June. The film casts McKenzie, who is mostly known from “The O.C.”…
