What Happened in Crypto Market This Week? Bitcoin, Ethereum, and More

Is El Salvador's Bitcoin Experiment Failing? Survey Reveals 92% Are Not Using BTC for Transactions Despite Government Push for Adoption

A recent survey revealed that only 7.5% of Salvadorans use Bitcoin for transactions, despite the government's efforts and investments since it became legal tender in September 2021. Most citizens prefer the government to focus on education and industrial development rather than Bitcoin, highlighting a disconnect between official policies and public priorities.

Sui Dismisses $400 Million Insider Trading Allegations Amidst SUI’s ATH and Drop, Sparking Doubts About Long-Term Viability

The Sui Foundation has denied allegations of insider token sales, which claim that insiders profited from SUI's recent surge by selling $400 million worth of tokens. These claims are putting pressure on SUI's price, prompting the community to express concerns about the project's long-term viability.

South Korea Province Seizes $890K in Crypto from Tax Evaders Targeting $136 Million by Year-End

North Gyeongsang Province seized $890,000 in crypto from residents who failed to pay taxes. The province aims to recover $136 million in unpaid taxes by the end of the year, using aggressive measures against tax evaders.

Comeback of Revamped ChatGPT MEV Bot Scam Amidst AI Hype: Can We Ever Be Safe?

Blockchain security firm SlowMist warns of rising scams using fake trading bots that falsely claim ties to OpenAI’s ChatGPT. These schemes lure users into investing, only for their funds to disappear. Exercise caution and avoid suspicious links and unverified code.

HTX Users Can Now Trade Crypto Directly on TradingView with New Integration

HTX has partnered with TradingView to allow users to trade cryptocurrencies directly within the TradingView platform, enhancing the trading experience. This integration provides users with easier access to HTX's services and resources, enabling more efficient and flexible trading strategies.

University Graduates Arrested in Hong Kong’s $46 Million Deepfake Love Scam

Hong Kong police dismantled a fraud syndicate that used deepfake technology to scam individuals out of approximately HK$360 million (around $46 million) through romance scams. A total of 27 suspects were arrested, including five believed to have ties to organised crime, highlighting the growing threat of sophisticated online scams.

中国矿池大佬“神鱼”证实12083枚以太坊被盗！价值2亿元人民币

TikTok Under UK Scrutiny for Illegal Operation as Crypto Exchange: Are More Social Media Platforms Coming Under Fire?

TikTok is under UK scrutiny for allegedly operating as an unlicensed crypto exchange, raising concerns about financial regulation. This mirrors recent actions against platforms like Telegram, sparking questions about whether more social media apps will face similar scrutiny.

SUI代币逆势下挫 SUI基金会回应：未违反任何禁售规定

Is Donald Trump’s Desperate Effort to Market New Crypto Token $WLFI After Website Crashes and Abysmal Sales a Futile Attempt?

Donald Trump’s WLFI token sale raised $9 million, far short of its $300 million target, amidst website crashes and technical issues. With delayed support from Trump and access limited to accredited investors, scepticism grows over the project’s chances of recovery.