Hong Kong’s regulator fined Saxo Capital Markets HK HK$4 million for letting retail clients trade 32 complex crypto products that should only have been available to professional investors. The breaches ran from 2018 to 2022 and were caused by weak internal controls and missed checks on product risk and client knowledge.

Ripple’s series of major announcements failed to buoy XRP, which fell over 9% this past weekend, highlighting a widening gap between the company’s ambitious initiatives and market sentiment toward the token. Even the highly anticipated Swell conference—featuring major financial institutions such as Mastercard, Nasdaq, and Galaxy Digital—could not halt the sell-off, suggesting that market psychology outweighs headline-driven optimism.

Ukrainian crypto trader Konstantin Galich, known as *Kostya Kudo*, was found dead in his Lamborghini in Kyiv after a severe $400 billion crypto market crash triggered by Trump’s tariffs on Chinese imports. Authorities are investigating, with early signs pointing to suicide amid financial stress and market losses.

Paul Tudor Jones warns today’s markets resemble the 1999 dot-com bubble, with high gains in gold, Bitcoin, and tech stocks but rising risks. He highlights bonds as the biggest threat and urges investors to watch closely while keeping some exposure to crypto and gold.

Crypto streamers hung a Pump.fun banner over the Hollywood sign in Los Angeles to promote the meme coin platform. The stunt drew wide attention online as Pump.fun also faced criticism for hosting offensive tokens on decentralised exchanges.

ChatGPT has already become one of the most accessible tools for our work, love advice and even mental health; but now, even everyday traders, and crypto investors are already leaning in on the use of AI. A Finder survey shows that nearly 15% of traders use AI for crypto tips—and that number is climbing fast. Now, with OpenAI’s launch of ChatGPT Pulse, staying ahead of the market may be about to get much easier.

Kronos Research has appointed Kevin Lee Coll as Chief Operating Officer to strengthen its institutional platform and support growing demand for digital asset investment solutions. Kevin brings extensive experience in building compliant, institutional-grade platforms and will oversee operations while advancing Kronos’s allocator-ready offerings.

China is actively seeking to challenge the dominance of the US dollar as the world’s primary reserve currency, with a strategic push to extend the digital yuan’s role in both domestic transactions and cross-border payments.

Thailand has approved a five-year income tax exemption on crypto trading profits from 2025 to 2029, applying to sales through licensed platforms. The move aims to spur blockchain innovation while maintaining investor protection through regulatory oversight.

A South Korean court has cleared Haru Invest CEO Lee Hyung-soo of fraud, ruling that the platform’s collapse was due to mismanagement and external market shocks, not criminal intent. Although Lee and other executives avoid prison, they still face civil claims as investors suffered major losses from the company’s sudden shutdown in 2023.