Three people pulled a prison sentence from a South Korean court for orchestrating an investment scheme that defrauded victims.

CoinFund's David Pakman predicts that the global stablecoin supply could climb to $1 trillion by the end of 2025, potentially driving broader cryptocurrency market growth.

Cryptoland CEO Sina Estavi was tricked into paying $10,000 to “buy back” stolen tokens from what he believed was a third party.

A South Korean court has sentenced three individuals to prison for orchestrating a fraudulent cryptocurrency investment scheme that embezzled over $416,000 (610 million won) from unsuspecting victims. The trio ran a deceptive operation from Busan under the guise of an investment firm, luring people with false promises of high monthly returns.

The country aims to add insider trading regulations on crypto-related companies following a rise in scam reports, Nikkei said.

Japan plans to legally classify crypto assets as financial products by 2026, marking a significant shift in its regulatory approach. The post Japan to Classify Crypto as Financial Products, Impose Insider Trading Restrictions: Report appeared first on Cryptonews.

Ethereum-based DeFi protocol SIR.trading, also known as Synthetics Implemented Right, has been hacked, resulting in the loss of its entire total value locked (TVL) — $355,000 at the time of the attack. The hack, which occurred March 30, was initially detected by blockchain security firms TenArmorAlert and Decurity, both of which posted warnings on X to alert users of the protocol.

A South Korean court has sent three members of a crypto scam ring to prison after hearing they stole some $416,000 from victims as part of a concerted campaign. The post South Korean Court Jails Three Members of ‘Crypto Scam Gang' appeared first on Cryptonews.

The country's financial regulator is rethinking how it wants to treat crypto, including provisions to curb insider trading.

SEC commissioner laid out a bold seven-point plan urging Congress to slash red tape, empower existing agencies, and protect peer-to-peer crypto from regulatory overreach. SEC Commissioner Pressures Congress With 7-Point Crypto Framework for Fast Reform U.S. Securities and Exchange Commission (SEC) Commissioner Hester M.

Cybersecurity firm Threat Fabric says it has found a new family of mobile-device malware that can launch a fake overlay for certain apps to trick Android users into providing their crypto seed phrases as it takes over the device. Threat Fabric analysts said in a March 28 report that the Crocodilus malware uses a screen overlay warning users to back up their crypto wallet key by a specific deadline or risk losing access.

U.K. authorities have frozen around $7.7 million (£6 million) worth of illicit crypto assets since April 2024, according to an investigation by MailOnline. Cryptocurrencies have become the asset of choice for criminals to launder illicit money and fund terrorism.

Coinbase's legal chief hailed the incoming SEC chair's vow to prioritize crypto clarity, end debanking, and foster innovation as a long-awaited shift benefiting U.S. markets.

On March 28, 2025, U.S. President Donald Trump pardoned three co-founders of the cryptocurrency exchange BitMEX—Arthur Hayes, Benjamin Delo, and Samuel Reed.

Gazprom, the majority Russian state-owned oil and gas titan, has launched a series of tradable, blockchain technology-powered “digital financial assets” (DFAs). The post Russian Energy Giant Gazprom Launches Blockchain-powered ‘Digital Assets' appeared first on Cryptonews.

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week's edition, El Salvador's Nayib Bukele announces a visit to the U.S., a Panamanian crypto bill gets introduced, and Venezuela suffers after Trump implements secondary tariffs on oil purchases.

Once a billion-dollar market, Art NFTs have suffered a dramatic downturn, with top platforms experiencing sharp declines in volume.

A recent decentralized finance attack highlights how vulnerabilities with the standard implementation of certain DeFi vaults can be exploited by a sophisticated threat actor using familiar tools like flash loans to manipulate exchange rates and mislead price oracles.

Cryptocurrencies could soon be considered financial products under Japanese law. The country's Financial Services Agency (FSA) is working on revising the Financial Instruments and Exchange Act to change the legal status of crypto assets, the Nikkei reported on Sunday (March 30), without citing specific sources.

The European Insurance and Occupational Pensions Authority (EIOPA) has suggested that insurance companies should fully back their crypto holdings with an equal amount of capital. This proposal, announced on March 27, aims to reduce risks for policyholders as the crypto market remains highly volatile.

Binance has recently announced that users can now deposit euros (EUR) using Apple Pay or Google Pay, providing a seamless and secure method to fund their accounts. This feature is currently available through the Binance mobile app, either in Lite or Pro versions.

Tracy Jin, the chief operating officer at the MEXC crypto exchange, warns that tokenizing real-world assets (RWAs) carries a substantial amount of centralized risks that can lead to censorship, liquidity issues, legal uncertainty, cybersecurity problems, and asset confiscation through state or third-party intermediaries.In an interview with Cointelegraph, the executive said that as long as tokenized assets remain under the purview of state regulators and centralized intermediaries, then "tokenization will simply be a new version of old financial infrastructure and not a financial revolution." Jin added: "Most tokenized assets will be issued on permissioned or semi-centralized blockchains.

BNB, XRP, BTC, and SOL have all seen notable growth in market caps, but ETH has been struggling, recording a 50% dip since November 2024.

The European Insurance and Occupational Pensions Authority (EIOPA), which oversees the insurance and occupational pensions sectors in the EU, recommends imposing stricter capital requirements for insurers with crypto holdings. In a statement, the regulator says it advised the European Commission to introduce a 100% capital requirement for digital assets held by insurance companies.

In Toulouse, France, residents can pay for their metro, tram, cable car, and bus tickets with Bitcoin and other cryptocurrencies.

Darkweb threat actors are selling over 100,000 Gemini user records and 132,744 Binance user credentials on online platforms.

Could Paul Atkins' crypto-friendly stance change everything?

The bankrupt cryptocurrency platform FTX aims to initiate repayments to primary creditors by May 30, 2025, deploying an $11.4 billion liquidity pool amassed since its 2022 downfall, Bloomberg revealed this week.

A state-backed bank in France is reportedly launching a multimillion-dollar initiative to invest in crypto projects. According to a new report from Bloomberg, French government-owned bank Bpifrance – which has nearly $110 billion in assets under its management – is rolling out a $27 million crypto venture fund to invest in digital asset startups.

Crypto exchange Binance has debuted centralized exchange (CEX) to decentralized exchange trades (DEX), allowing customers to use funds from their Binance wallets to execute DEX trades — eliminating the need for asset bridging or manual transfers.According to the exchange, customers can use Circle's USDC (USDC) and other supported stablecoins to acquire tokens on the Ethereum, Solana, Base, and BNB Smart Chain networks. The new CEX to DEX feature is also compatible with other tools on the platform, including Binance Alpha, which gives users the ability to discover emerging tokens in early-stage development, and the Binance quick buy tool.

Cryptocurrency investors in Japan are bracing for impact following a plan to reclassify digital assets as financial products. While the plan has elicited excitement from cryptocurrency enthusiasts in the Far East, the ambitious plan will have to scale several legislative hurdles.

The San Francisco cryptocurrency exchange Kraken is making big moves in Q1 2025.

According to data submitted to Rep. Cha Gyu-geun of the Rebuilding Korea Party, South Korea's cryptocurrency investors reached 16.29 million as of February.

The current status of crypto in Russia is far from loose—let's look at the current ambiguity surrounding new rules and regulations.

Opinion by: Maksym Sakharov, co-founder and group CEO of WeFi The current markets are experiencing tailwinds as a result of the tariffs imposed by the US administration and retaliatory measures from trading partners. So far, however, market proponents say that Trump's tariffs are primarily a negotiation strategy, and their effect on businesses and consumers will remain manageable.

Iran intelligence officials allegedly stole digital assets while pretending to investigate a corruption case. According to local outlet Iran International, the senior officers attached to the country's Revolutionary Guard's intelligence organization stole about $21 million in digital assets while investigating a corruption case.

The U.S. Federal Deposit Insurance Corporation (FDIC) has revisited a policy that once required banks to seek pre-approval before engaging in crypto-related activities. Updating this policy, the FDIC stated that the policy has now been rescinded on the “laws and regulations” column on its website.

In a puzzling development, two prominent crypto figures have voiced contrasting opinions over the settlement deal between Galaxy Digital and the Office of the New York Attorney General (NYAG).

According to an investigation by MailOnline, UK authorities have frozen approximately £6 million ($7.7 million) in crypto since new enforcement powers came into effect last year.

Concerns over a global trade war continue to pressure traditional and cryptocurrency markets as investors brace for a potential tariff announcement from US President Donald Trump on April 2 — a move that could set the tone for Bitcoin's price trajectory throughout the month.Trump first announced import tariffs on Chinese goods on Jan. 20, the day of his inauguration as president. Global tariff fears have led to heightened inflation concerns, limiting appetite for risk assets among investors.

From WhopperCoin to Burger Koin—Is Burger King serious about crypto this time?

The decision by American regulators to abandon "debanking" practices marks a decisive turning point for the cryptocurrency industry. David Sacks, crypto chief at the White House, describes this change as a "great victory" for the digital asset sector.

United Kingdom police in conjunction with the courts have frozen about £6 million in illicit crypto proceeds since new powers came into effect last year.

In the 89 days since 2025 dawned, the cryptocurrency sphere has shed a staggering $610 billion in collective worth. Yet amidst this contraction, a handful of digital tokens have defied gravitational pressures to chart luminous trajectories. Four (FORM), formerly known as binaryx (BNX), has skyrocketed 457.5% against the U.S. dollar since Jan. 1. Jan.

Today's edition of the weekly recap covers the opening of Terra's investor claims portal, President Trump's latest crypto pardon, and Polymarket's governance issues. Terra opens investor claims portal Trump pardons BitMEX founders SEC ends Crypto.

Belshe condemned Galaxy Digital's pump-and-dump tactics, warning that unethical practices could lead to excessive regulation in the crypto industry.

Sonic Labs has scrapped its initial plans to launch a US dollar-pegged algorithmic stablecoin, pivoting instead to develop a version tied to the United Arab Emirates dirham. The post Sonic Labs Ditches Dollar-Pegged Algorithmic Stablecoin for UAE Dirham Version appeared first on Cryptonews.

FTX, the collapsed cryptocurrency exchange that shook the industry in late 2022, is set to begin repaying its creditors on May 30. The post FTX to Begin Repaying Creditors on May 30 After 27-Month Bankruptcy Battle appeared first on Cryptonews.