Blockchain News

FinCEN Issues Action to “Sever” Cambodia-Based Huione Group Over Crypto Laundering Ties

FinCEN Issues Action to “Sever” Cambodia-Based Huione Group Over Crypto Laundering Ties

The U.S. Treasury’s financial crimes arm has proposed removing the Huione Group, a Cambodia-based financial conglomerate, from the US financial system for its alleged involvement in Lazarus-linked crypto laundering. The FinCEN announced on Thursday that the Group serves as a “critical node for laundering proceeds of cyber heists” carried out by the infamous North Korean […]

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South Korean Regulator Designates Crypto Exchange Bithumb as a Conglomerate

South Korean Regulator Designates Crypto Exchange Bithumb as a Conglomerate

The South Korean Fair Trade Commission (FTC) has classified the crypto exchange Bithumb as a conglomerate. The designation will force the company to adhere to a range of financial compliance rules. Per Jeongi Shinmun, Bithumb was one of just five companies added to the FTC’s list of conglomerate companies and business groups on May 1.

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Cai Wensheng Pays 20% Premium, Bets M on Hong Kong AI-Web3 Hub

Cai Wensheng Pays 20% Premium, Bets $84M on Hong Kong AI-Web3 Hub

Key Takeaways: The redevelopment includes an AI-themed café on the first two floors, co-working spaces for local entrepreneurs, and dedicated AI and Web3 studios on the remaining levels.​ The acquisition price per square foot exceeds HK$12,000, marking a more than a 20% premium over similar transactions in the area. The purchase exemplifies a broader trend

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What’s Happening in Crypto Today? Daily Crypto News Digest

What’s Happening in Crypto Today? Daily Crypto News Digest

In crypto news today: Crypto market is green today Blockaid Helps Power Ledger’s New Transaction Check Morpho Launches New Mini App inside the World App aZen Raises $1.2M to Unify AI Computing Through Decentralized Infrastructure __________ Crypto market is green today After several days of decreases, the market has turned green. Over the past 24

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Bitget Wallet and Paydify Partner to Expand Everyday USDT, USDC Payments

Bitget Wallet and Paydify Partner to Expand Everyday USDT, USDC Payments

Non-custodial Bitget Wallet has announced its integration with the universal crypto payment gateway Paydify. It is now Paydify’s first wallet integration partner. According to the press release, this integration allows merchants to accept stablecoin payments from Bitget Wallet users. They can pay through Paydify’s infrastructure with Tether (USDT) and USD Coin (USDC) at select online

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GAIMIN Redefines Gaming’s Future as Retail Token Vesting Ends

GAIMIN Redefines Gaming’s Future as Retail Token Vesting Ends

image Gaimin Drives Ecosystem Expansion with Key Product Launches and Strategic Growth in Early 2025 Gaimin, the Web3 ecosystem combining decentralized cloud computing, blockchain gaming, and esports, has reported a period of significant growth and innovation throughout the first quarter and into April 2025. Marked by key product rollouts, strategic partnerships, leadership transitions, and increased

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Sam Altman Rolls Out Iris-Scanning Crypto Project World in the US

Sam Altman Rolls Out Iris-Scanning Crypto Project World in the US

Sam Altman’s iris-scanning crypto venture, World, announced Wednesday that it’s finally launching in the US, making its highly anticipated debut. Starting this week, people across several US cities can now scan their eyes at World orbs and receive Worldcoin (WLD), a cryptocurrency backed by blockchain, for the first time. For years, Worldcoin has been available

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Robinhood Posts 50% Jump in Q1 Revenue as Crypto Business Doubles from Last Year

Robinhood Posts 50% Jump in Q1 Revenue as Crypto Business Doubles from Last Year

Robinhood had a strong start to the year, posting a 50% jump in revenue for the first quarter, with much of that growth coming from its cryptocurrency business. The surge in trading volumes, as investors looked to hedge their positions in a volatile market, helped the platform’s profits more than double, surpassing analysts’ expectations. The

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Bo Hines Declares US “Bitcoin Superpower” as Trump’s BTC Reserve Takes Shape

Bo Hines Declares US “Bitcoin Superpower” as Trump’s BTC Reserve Takes Shape

Bo Hines, the Executive Director for the President’s Council of Advisers on Digital Assets, believes the U.S. is positioned to become the “Bitcoin superpower” of the world, according to an April 29 interview with Bitcoin Magazine. Bo Hines Talks Crypto Policy In New Interview “I feel like we’re well on our way and have positioned

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Circle Rejects Ripple’s B Play—Is a Bigger Offer Coming?

Circle Rejects Ripple’s $5B Play—Is a Bigger Offer Coming?

The USDC stablecoin issuer Circle has reportedly turned down an acquisition bid of between $4 billion and $5 billion made by Ripple. Circle Rejected Ripple Takeover Bid of $4-5B https://t.co/6VPRVN5hZx pic.twitter.com/mP3Ff6EEKU — matthew sigel, recovering CFA (@matthew_sigel) April 30, 2025 According to Bloomberg, people familiar with the matter disclosed that the bid was declined, with

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