MEXC Reports 12% Drop in Fraud Cases, Blocks Over 70,000 Attempts in Q2 2025
“As fraud networks evolve, so must our response,” said Tracy Jin, COO of MEXC. “But education remains key. Risk control isn’t about punishment — it’s about protection.”
Category
Crypto
Breaking cryptocurrency news, price moves, and deep analysis — from Bitcoin and altcoins to regulation and adoption. Crypto India Magazine covers the global crypto economy.
Wellcell Holdings Launches Fopay to Build Hong Kong’s First Institutional-Grade Web3 Payments Infra
Fopay arrives at a pivotal moment. With the implementation of stablecoin regulatory frameworks across major jurisdictions — including the EU’s MiCA, the U.S. Stablecoin Act, and Hong Kong’s Stablecoin Ordinance passed in May — the stage is set for compliant crypto payment platforms to scale globally.
A New Kind of Digital Money is Taking Over
Stablecoins have quietly become a financial powerhouse, moving over $27 trillion in 2024—surpassing Visa and Mastercard combined. From cross-border payments to DeFi, this guest piece by Vedang Vatsa explores how digital dollars are reshaping the global economy. Published by Crypto India Magazine.
If Crypto Bills Pass, ‘You Can’t Put the Genie Back in the Bottle,’ Says Bitwise CIO
In a client note, Hougan argued that while Bitcoin’s recent surge to all-time highs is partly due to institutional demand colliding with tight supply, the regulatory developments in Washington are an underappreciated catalyst.
Grayscale Files Confidential IPO With SEC, Signals Renewed Crypto Push Into Public Markets
Announced on Monday, the confidential filing allows Grayscale to engage in behind-the-scenes dialogue with regulators while delaying disclosure of sensitive information until closer to its official IPO date. This route has been increasingly favored by tech and crypto firms seeking to test public market waters discreetly before going fully public.
Kevin O’Leary Says the U.S. Must Learn From Bitcoin Miners to Stay Ahead in Global AI Race
“It all comes down to power,” O’Leary said. “Whether it’s AI data centers or Bitcoin mining, they need the same thing—energy infrastructure. And often, now, these projects are one and the same.”
Binance CEO Richard Teng Says Crypto Can Uplift Bhutan’s Gross National Happiness Vision
“Fundamentally, it’s the same,” Teng said during a media roundtable in Thimpu. “At the end of the day, crypto is about financial freedom and financial inclusion. It solves a lot of problems. And ultimately, it brings up the well-being of a person.”
Limitless Raises $4M Strategic Round, Launches Points Program Ahead of Token Generation Event
This latest round follows a $3 million pre-seed raise led by 1confirmation, bringing Limitless’ total funding to $7 million. Other backers include Coinbase Ventures, Collider, Node Capital, Paper Ventures, Public Works, WAGMI Ventures, and contributors via the Base Ecosystem Fund on Echo.
BJP Spokesperson Calls for Bitcoin Reserve Pilot to Strengthen India’s Economic Resilience
Citing the United States’ plans to expand its Bitcoin reserves and Bhutan’s state-backed mining initiatives, Bhandari positioned India as uniquely suited to leverage its growing renewable energy capacity to establish a state-level Bitcoin strategy.
Traders Experiment With Grok for Real-Time Crypto Signals via X Integration
Grok’s advantage lies in speed and context awareness. Unlike bots that simply track ticker mentions, Grok evaluates emotional tone, crowd reactions, and engagement patterns.
Genesis Digital Assets Acquires 1,000 Auradine Miners to Boost Texas-Based Bitcoin Mining Operations
“We view operational excellence and long-term sustainability as our north stars,” said Abdumalik Mirakhmedov, Executive President of GDA. “Auradine’s high-performance mining systems give us the competitive edge we need, while ensuring that we remain responsible energy participants—especially as part of Texas’s dynamic grid ecosystem.”
Brian Armstrong Unveils 2025 Coinbase Roadmap: USDC Payments, Derivatives, AmEx-Backed Card, and a Business Suite
Unveiled during Coinbase’s State of Crypto Summit, Armstrong shared key pillars of the company’s 2025 product strategy in a detailed thread on X (formerly Twitter), positioning Coinbase as not just an exchange but the infrastructure layer for the next era of finance.
India’s CBI Busts Cross-Border Cybercrime Ring, Seizes $327K in Crypto and Sophisticated Spoofing Tools
The accused, identified as Rahul Arora, was apprehended during coordinated raids across three locations in India. In addition to the crypto seizure, authorities recovered approximately $26,400 (₹22 lakh) in unaccounted cash, as well as advanced caller ID spoofing tools, lead generation software, and voice recordings used in social engineering scams.
Australian Police Bust $123M Crypto Laundering Operation Using Armored Security Firm as Front
The Australian Federal Police (AFP) said they had frozen $13.6 million worth of suspected criminal assets across Queensland and New South Wales. The operation allegedly exploited an armored vehicle unit to launder illicit cash under the guise of legitimate business activity.
U.S. Seizes Crypto and 145 Domains Linked to BidenCash Darknet Marketplace
The Department of Justice (DOJ) did not disclose the exact value or type of cryptocurrencies seized but confirmed that the funds were used to collect illicit proceeds from transactions on the BidenCash platform.
Meta Shareholders Reject Bitcoin Treasury Strategy in Landslide Vote
The resolution, introduced by Bitcoin advocate Ethan Peck on behalf of the conservative think tank National Center for Public Policy Research (NCPPR), argued that Meta should allocate a portion of its $72 billion in cash and cash equivalents to Bitcoin.
‘Bitcoin Is for Everyone,’ Says Michael Saylor, as Strategy’s Holdings Top $60 Billion
Michael Saylor, long hailed for his Bitcoin evangelism, framed BTC not only as an asset but as incorruptible, programmable digital property engineered to outperform traditional instruments.
GameStop Buys 4,710 BTC, Confirms Entry Into Bitcoin Treasury Strategy
The acquisition follows months of speculation and comes after GameStop hinted at a broader GameStop cryptocurrency investment strategy in March, when it announced plans to raise $1.3 billion through a convertible note offering.
Trump Media Raises $2.5 Billion to Build Bitcoin Treasury, Joins Growing List of Corporate Crypto Adopters
The raise consists of $1.5 billion in newly issued common stock and $1 billion in convertible senior secured notes. The transaction is expected to close on May 29, with crypto custody to be handled by Crypto.com and Anchorage Digital.
Bybit Exchange Rolls Out Native USDC Support on Aptos; Deposits Begin 26 May UTC
Aptos now becomes one of several chains where USDC is minted natively, sitting alongside larger ecosystems such as Ethereum and Solana. Native issuance means the stablecoin is created directly on the network’s ledger, rather than bridged from another chain, removing a layer of smart-contract risk for users.
What Gen Z and Millennials Can Learn From the Bitcoin Pizza Day
Bitcoin Pizza Day—the $41 meal now worth billions—shows Gen Z and Millennials why spotting innovation early, investing systematically, and backing real-world demand can build wealth. Here’s what today’s investors can learn from that legendary 2010 Bitcoin purchase.
Trump’s Crypto Gala Sparks Backlash as Guest List Raises Transparency Concerns
The event, scheduled for Thursday, has drawn political criticism from watchdog organizations and members of Congress, including Senators Elizabeth Warren and Adam Schiff, who previously demanded a formal investigation into the nature of the gathering and its implications for U.S. national security.
Binance Founder CZ Shares 3 Essential Risk Questions Every Crypto Investor Should Ask
In a post shared on X (formerly Twitter) on Monday, CZ laid out three key questions that investors should ask themselves to better navigate the volatility and uncertainty often associated with digital assets.
India’s Supreme Court Questions Government Over Crypto Policy Delays: “Why No Clear Cut Regulation?”
During a hearing on Monday, Justices Surya Kant and N Kotiswar Singh questioned why the Centre had not yet implemented a regulatory framework, stating that unregulated crypto trading was giving rise to a “parallel under-market” capable of threatening the broader economy.