In a complex, large-scale prisoner swap on Friday, the Trump administration secured the release of 10 US nationals detained in Venezuela. In exchange, approximately 250 Venezuelans, who had been deported from the United States and subsequently imprisoned in El Salvador’s notorious Terrorism Confinement Centre (CECOT) mega-prison, were repatriated to their home country. This operation marks…
Bitcoin’s Unprecedented Surge Amidst Landmark US Crypto Legislation Bitcoin, the world’s largest cryptocurrency, has achieved an unprecedented milestone, scaling past $120,000 for the first time. This record-breaking rally coincides with what is poised to be a landmark week for the digital asset industry in the United States. Dubbed “Crypto Week,” the US House of Representatives…
U.S. federal prosecutors have successfully recovered $40,300 in cryptocurrency directly linked to a sophisticated scam that targeted the Trump-Vance inaugural committee. The perpetrator orchestrated an elaborate email phishing scheme, falsely claiming to represent the committee. Through this deception, the scammer convinced an unsuspecting donor to transfer crypto assets to a wallet they believed was officially…
Cross-border cryptocurrency oversight is gaining significant momentum as regulators from the United States and the European Union intensify their cooperation on digital asset rules, stablecoins, and central bank digital currencies. A press release from the U.S. Department of the Treasury on July 1 confirmed that financial regulators from both regions convened at the EU-U.S. Joint…
A sweeping investigation led by the US Secret Service, with key support from crypto exchange Coinbase, has culminated in the recovery of USD 225 million in tether (USDT) connected to widespread “pig butchering” scams. The operation marks the largest cryptocurrency seizure by US authorities to date tied to online investment fraud, underscoring both the scale…
A sprawling international cryptocurrency scam has unravelled, with five men pleading guilty to laundering nearly $37 million stolen from unsuspecting U.S. victims. The complex operation, based out of Cambodia, exploited the rise of digital assets and the vulnerability of online relationships to build what officials are calling a sophisticated global fraud network. According to BleepingComputer,…
According to sources familiar with the matter, some of the largest U.S. banks may form a partnership to launch an open-source stablecoin. This is an important development for traditional financial companies and suggests a change in their attitude towards digital assets. On May 22, The Wall Street Journal reported that these discussions were taking place…
A Rare Opening in the World’s Largest Capital Market Hong Kong-based Animoca Brands is preparing to list in New York, seizing what its executive chair calls a “unique moment” to break into the world’s largest capital market. The move reflects a broader shift among digital asset firms lured by President Donald Trump’s deregulation push, which…
Reports indicate U.S. Congressman and physicist Bill Foster is set to propose a new law that would impose a requirement on leading AI chip manufacturers like Nvidia to incorporate a geographic location reporting system into their products. This system, as described by Reuters, would determine the general location of an AI chip at the country…
The United Kingdom is set to introduce draft legislation that will formally regulate cryptocurrency firms, marking the start of increased government oversight on one of the fastest-growing industries in the world. This puts the UK at odds with the European Union’s model while bringing it in line with the United States. The draft legislation seeks…
Kryptonary delivers the latest crypto news, market insights, and trends to keep you informed and ahead in the fast-evolving world of digital assets..
