Altcoin News

Europol Busts ‘Mafia Crypto Bank’ Tied to M Laundering Scheme

Europol Busts ‘Mafia Crypto Bank’ Tied to $23M Laundering Scheme

European authorities have dismantled a sprawling money laundering network dubbed the “mafia crypto bank,” arresting 17 individuals accused of laundering over €21 million ($23.5 million) in cryptocurrency for criminal groups linked to China and the Middle East. According to Europol’s statement on May 14, the criminal network facilitated money laundering for organizations involved in migrant […]

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Morgan Stanley Crypto Chief Departs to Launch DeFi-Focused Investment Firm

Morgan Stanley Crypto Chief Departs to Launch DeFi-Focused Investment Firm

Andrew Peel, the head of digital asset markets at Morgan Stanley, has stepped down to launch his own crypto-focused investment and trading technology firm, aiming to bridge the gap between traditional finance and decentralized finance (DeFi). Peel, who joined Morgan Stanley in 2018 after a stint at Credit Suisse, left the Wall Street giant in

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Synthetix Proposes M Token Swap to Acquire Derive’s Options Platform

Synthetix Proposes $27M Token Swap to Acquire Derive’s Options Platform

Synthetix, a leading DeFi derivatives protocol, has proposed a $27 million acquisition of crypto options platform Derive through a token swap deal. Announced on May 14, the plan aims to bolster Synthetix’s reach in the crypto derivatives sector by reintegrating a former ecosystem spin-off. The proposed acquisition values Derive—formerly known as Lyra—at roughly $27 million,

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Wyoming Fortifies First State-Backed Stablecoin with Inca Digital’s Live Surveillance – But Is It Enough?

Wyoming Fortifies First State-Backed Stablecoin with Inca Digital’s Live Surveillance – But Is It Enough?

Key Takeaways: The Wyoming Stable Token (WYST) becomes the first U.S. state-issued stablecoin to embed real-time blockchain surveillance at launch through a direct partnership with Inca Digital Federal. Inca Digital will supply tools for fraud detection, anomaly tracking, and threat monitoring integrated directly into the operational framework of WYST before it hits the market. Through

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Trump’s Truth Social Denies Rumors Over New Memecoin Launch

Trump’s Truth Social Denies Rumors Over New Memecoin Launch

Trump-owned social media platform, Truth Social, has dismissed widespread rumors regarding a new memecoin launch, flagging it a fake news. “Contrary to rumors, Truth Social is not launching a memecoin,” Truth Social posted on Tuesday. The Trump-linked memecoin buzz started first when TV host Ran Neuner shared on X that Truth Social is launching a

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Anchorage Digital Acquires Mountain Protocol to Expand Stablecoin Services

Anchorage Digital Acquires Mountain Protocol to Expand Stablecoin Services

Anchorage Digital, the only federally chartered digital asset bank in the United States, is expanding its stablecoin capabilities through the acquisition of Mountain Protocol, a regulated stablecoin issuer. The deal, announced on May 12, is subject to regulatory approval and standard closing conditions. While financial terms of the acquisition were not disclosed, Anchorage confirmed it

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SOL Strategies and DigitalX Unlock Institutional Solana Staking with BitGo

SOL Strategies and DigitalX Unlock Institutional Solana Staking with BitGo

Key Takeaways: SOL Strategies, a Canadian public company, has partnered with Australian blockchain firm DigitalX to offer institutional Solana staking services. The collaboration between two publicly traded companies indicates a maturing market where transparency, regulation, and performance converge. Solana continues to emerge as a viable Ethereum alternative, with its staking ecosystem now gaining legitimacy through

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South Korean Central Bank Wades into Presidential Candidates’ Stablecoin Row

South Korean Central Bank Wades into Presidential Candidates’ Stablecoin Row

The South Korean central bank has entered the political furore surrounding stablecoins, insisting it should have the final say over the issuance of a KRW-pegged coin. Stablecoins have become a “political hot potato” ahead of next month’s presidential elections, South Korean media outlets wrote on May 12. Aju Kyungjae quoted the Bank of Korea (BOK)

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‘Dark’ Stablecoins On The Horizon? CEO Warns Of Danger

‘Dark’ Stablecoins On The Horizon? CEO Warns Of Danger

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Governments worldwide are clamping down on stablecoins. That might push some users to turn to so-called “dark” or private stablecoins. They offer uncensorable transfers, but they come with high risks and uncertain practical application. Tighter Rules Might Spook Users Away Stablecoins from

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Solana Meme Coin MOODENG Soars 600% in a Week

Solana Meme Coin MOODENG Soars 600% in a Week

Key Notes Strategic investors injected $194,000 into MOODENG, while 165 wallets now control 25% of the supply with unrealized profits of $25.3 million. Analysts highlight $0.32 as a critical resistance level for MOODENG’s next leg up. Whales have placed significant sell orders at higher levels of $0.565 and $1.11, the next major resistance for the

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