Chengdu police have cracked a major underground money exchange operation using USDT as a medium, involving an amount up to 13.8 billion yuan.
AlexPolice in the Toronto area of Canada have announced the arrest and indictment of a man who calls himself the "Crypto King," alleging he is involved in an investment fraud worth millions of dollars.
MiyukiIn a research report on Wednesday (May 15), BTIG stated that the latest Bitcoin halving has reduced the block reward from 6.25 BTC to 3.125 BTC, causing less efficient mining equipment to go offline as miner income dropped to a level equivalent to a Bitcoin price of around $30,000.
WeiliangThe battle for AI supremacy intensifies as Google showcased a slew of groundbreaking AI technology a day after OpenAI revealed the enhanced ChatGPT AI model, GPT4o.
CatherineOpenAI's GPT-4o integrates text, audio, and video processing, revolutionizing human-computer interaction. Despite Worldcoin's recent price drop and misconceptions about its affiliation with OpenAI, the latter gears up for the launch of its macOS desktop app.
AnaisEclipse Labs founder Neel Somani has resigned as CEO amidst sexual misconduct allegations. These allegations compound existing challenges in the crypto world, from money laundering to terrorism financing.
KikyoA large investor deposited over $3.3 million worth of Worldcoin tokens into Binance, suffering a $50,000 loss, drawing scrutiny on Worldcoin's trajectory. DeFi^2 warned that Worldcoin's tokenomics may primarily benefit insiders, emphasising its hyperinflationary model and manipulative design, raising concerns in the crypto community.
WeatherlyBybit found itself in the midst of a contentious situation surrounding the initial listing of Notcoin as well as a reiteration of a blacklist warning from France's securities regulator.
CatherineNotcoin ($NOT) experienced a steep 70% decline post-launch due to rapid selling after a massive airdrop, underscoring the volatile nature of gaming tokens. While TapSwap seeks to capitalise on Notcoin's popularity, the long-term prospects of gaming tokens remain uncertain amidst underperformance in the sector.
JoyForbes recently unveiled its list of the top 20 most trustworthy crypto exchanges for 2024, and notably absent from the list is Binance. Could the impending jail term of the exchange's former CEO CZ, be a factor behind this omission?
Kikyo
