JYS Group Collapses After Raising $180M – Chairman Flees to UK Amid Crypto-Fueled Losses
JYS Group, a Chinese investment firm based in Guangdong province, has collapsed after raising approximately ¥1.34 billion ($180 million) through a series of high-yield schemes, many tied to cryptocurrency and speculative ventures. The company’s chairman, Lin Chunhao, confirmed he fled…
Europe’s Crypto Future Goes Transparent: Anonymous Wallet Ban Arrives in 2027
In a historic policy shift, the European Union has passed the Anti-Money Laundering Regulation (AMLR), a sweeping law that bans anonymous crypto wallets and privacy coins starting July 1, 2027. The new regulation targets large crypto service providers—any entity operating…
Top 3 Cryptos to Watch This Week: Immutable, Ethena, and IOTA
The crypto market had a strong week, with Bitcoin climbing to its highest point since February and the overall market cap pushing past $3 trillion. This week, investor attention is turning toward two major events: the Federal Reserve’s interest rate…
Crypto in Canada at a Crossroads After Liberal Victory
The outcome of Canada’s federal election has cast a long shadow over the country’s growing crypto industry. With Mark Carney’s Liberal government in power, many fear a chilly regulatory climate will continue — or worsen. A Tale of Two Parties:…
Arizona Governor Vetoes Bitcoin Reserve Bill, Drawing Fire from Crypto Advocates
Arizona Governor Katie Hobbs has vetoed a bill that would have allowed the state to invest in Bitcoin using certain seized funds, halting a legislative effort to make Arizona the first U.S. state to hold BTC in its reserves. The…
Warren Sounds the Alarm on Trump’s Stablecoin Deal. She’s Right to Do So.
The cryptocurrency industry has long battled reputational headwinds, but this week, it’s not a shady offshore exchange or an anonymous rug-pull making headlines. It’s the Trump family—again—and their dollar-backed stablecoin, now caught in the crossfire of international finance and domestic…
Mesh Just Did What Every Crypto Wallet Talks About: Made It Invisible
Crypto payments have always promised freedom. What they’ve lacked—until now—is frictionless familiarity. At Token2049, Mesh didn’t just launch a new integration. It launched a moment. A turning point where crypto payments became indistinguishable from Apple Pay—and that’s exactly the point….
Kraken’s Embed Isn’t Just a Product—It’s a Warning to Banks Still Sitting on the Sidelines
There’s a reason Kraken called it “Embed.” This isn’t just a product drop—it’s a direct invitation (or challenge) to every bank, fintech, and neobank still dragging its feet on crypto. With just one API, Kraken is now letting institutions offer…
Kuwait’s Crypto Mining Crackdown Is a Warning to an Overheating Industry
When Kuwait, one of the cheapest places on Earth to mine Bitcoin, starts pulling the plug on miners, the message is loud and clear: energy beats decentralization when the lights start flickering. This week’s crackdown—spearheaded by Kuwait’s Interior Ministry—has already…
$330M Bitcoin Heist Exposes a Bitter Truth: Even Early Crypto Believers Aren’t Safe
The crypto world just witnessed one of its largest-ever thefts—$330.7 million worth of Bitcoin, gone in a flash. But this time, it wasn’t a high-profile exchange breach, a smart contract bug, or a North Korean state-sponsored attack. It was something…