Tag: bitcoin

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Trump's Crypto Revolution: President Launches Working Group to Reform U.S. Digital Asset Policy

On Thursday, U.S. President Donald Trump announced the formation of a dedicated cryptocurrency working group to propose new regulations and explore the concept of a national cryptocurrency reserve, fulfilling his campaign promise to reform U.S. crypto policy. The directive, welcomed by the crypto industry, aims to safeguard banking services for crypto companies and prohibits the creation of competing central bank digital currencies. With Bitcoin reaching new highs, experts see Trump's initiative as a pivotal shift in U.S. digital asset policy that could propel cryptocurrencies into the mainstream.

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Trump Grants Full and Unconditional Pardon to Ross Ulbricht

Former President Donald Trump, 78, granted a full and unconditional pardon to Ross Ulbricht, the operator of the infamous Silk Road dark web marketplace. Ulbricht, who was sentenced in 2015 to two life terms plus 40 years for nonviolent offenses, had unsuccessfully appealed his case up to the Supreme Court. This controversial decision follows years of debate over harsh sentencing for digital-age crimes and calls for clemency from figures like Sen. Rand Paul.

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Greece Targets Crypto Crimes with Major Seizure | Digital Watch Observatory

Greek authorities have made their first-ever cryptocurrency seizure, confiscating 273,000 USDT (Tether) as part of a criminal investigation. This milestone underscores the growing challenges of combating crypto-related crimes and the need for expertise in handling digital assets. The seizure is part of a broader effort to address cryptocurrency scams, which are becoming increasingly prevalent in Greece

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Europol Busts International Drug Ring, Seizing $26 Million in Crypto

Europol and international law enforcement agencies dismantled a drug trafficking ring using cryptocurrency, seizing $26 million in crypto and arresting nine suspects in a coordinated operation spanning six countries. The investigation, initiated by a Spanish cocaine trafficking case, uncovered a complex network of "underground bankers" laundering illicit funds, primarily controlled from the Dubai and the UAE.

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51-year-old woman arrested for bitcoin fraud

A 51-year-old woman in Thessaloniki, Greece has been arrested for allegedly defrauding an individual of over €120,000 through a bitcoin investment scam. The suspect, along with two alleged accomplices, convinced the victim to invest in cryptocurrencies with promises of high returns.

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Bitcoin Drops Below $50,000 Amid Global Financial Market Turmoil

Bitcoin, the world’s largest cryptocurrency by market capitalization, has plummeted over 10% in a single day, pressured by a global stock market downturn that has reverberated through the cryptocurrency sector. Dropping below $50,000 for the first time since February, Bitcoin reached a low of $48,126 at 08:41 GMT on Monday, though it has since seen a modest recovery.

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NFTs: Is This The End?

“Are NFTs really dead and buried?" John Hawkins, a Senior Lecturer at the Canberra School of Politics, Economics, and Society, University of Canberra, offers his perspectives on the current state and future prospects of Non-Fungible Tokens (NFTs).