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US prosecutors are seeking the forfeiture of $327,000 in cryptocurrency linked to a romance scam that defrauded victims online. The funds were allegedly obtained by an individual who posed as a U.S. Army general and tricked victims into sending money under false pretenses. The scam involved creating fake
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Scientists have developed a biodegradable plastic alternative using milk protein, specifically casein, which is abundant and renewable. The new material, created through a process that involves dissolving casein in water and adding a plasticizer, demonstrates similar properties to conventional plastics. This innovation aims to address the environmental issues associated with
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Bitcoin experienced a 5% increase on Monday, primarily attributed to short-covering rather than new buying activity, according to analysts. This surge occurred as traders who had bet against Bitcoin were forced to close their positions, leading to a rapid price rise. The market sentiment remains cautious, with analysts noting that
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Tether and Anchorage have partnered with Deloitte to produce the first reserve report for the USAT stablecoin. This report aims to enhance transparency and trust in the stablecoin's backing. The collaboration signifies a move towards greater accountability in the cryptocurrency space. The USAT stablecoin is designed to maintain
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Core Scientific reported disappointing Q4 results, leading to a decline in its stock price. The company faced challenges due to lower Bitcoin prices and increased operational costs, which impacted its profitability. Despite a rise in Bitcoin production, the financial performance did not meet market expectations. Core Scientific's management
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PayPay, which holds a 40% stake in Binance Japan, is planning to raise up to $1.1 billion through an initial public offering (IPO) on Nasdaq. The company aims to capitalize on the growing demand for digital payments and cryptocurrency services. This move comes as PayPay seeks to expand its
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TD Securities views the tokenization of assets on the New York Stock Exchange (NYSE) as a significant milestone for institutional investment in cryptocurrency. The firm believes this move could enhance liquidity and broaden access to a wider range of investors. By integrating blockchain technology, the NYSE aims to streamline trading
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Demand for Bitcoin futures has dropped to its lowest levels since 2024, raising concerns about institutional interest in the cryptocurrency market. This decline in futures trading volume suggests that institutions may be pulling back from Bitcoin investments. Analysts are speculating whether this trend indicates a broader exit from the market
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US authorities are working to recover $327,000 in USDt linked to a romance fraud scheme. The funds were allegedly obtained by scammers who deceived victims into believing they were in romantic relationships, ultimately leading them to send money. The investigation highlights the growing concern over cryptocurrency being used in
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Calls are increasing in the UK for a ban on political donations made in cryptocurrency, amid concerns about transparency and the potential for illicit funding. Critics argue that the anonymity associated with crypto transactions could undermine the integrity of the political donation process. The discussion has gained traction following reports
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Bitcoin surged to $70,000 following comments from former President Donald Trump regarding ongoing "large-scale operations" in Iran. The rise in Bitcoin's value is attributed to increased investor interest amid geopolitical tensions. Analysts suggest that such events often drive demand for cryptocurrencies as a hedge against
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HyperLiquid has emerged as a popular trading platform for retail investors during the current bear market, offering a user-friendly experience and low fees. The platform allows users to trade various cryptocurrencies with high liquidity, attracting both novice and experienced traders. Its innovative features, such as advanced trading tools and a