The U.S. Securities and Exchange Commission said on Tuesday it charged PGI Global Founder Ramil Palafox for orchestrating a fraudulent scheme that raised about $198 million from investors worldwide.The SEC added that the charges stem from the misappropriation of more than $57 million of investor fun

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Tuesday! Bitcoin is back above $90,000 for the first time since early March, prompting — perhaps again prematurely — fresh talk of crypto decoupling from equities, with the asset clas

US financial markets plunged Monday while cryptocurrency prices remained firm, as US President Donald Trump ramped up his public feud with Federal Reserve Chairman Jerome Powell, The Guardian and other news outlets reported Tuesday.The clash between the country’s highest political and monetary leade

Demand from financial institutions could push the price of Bitcoin as high as $200,000 per coin in 2025, according to two research reports reviewed by Cointelegraph. Analysts from Standard Chartered and Intellectia AI said institutional Bitcoin demand from exchange-traded funds (ETFs) and traders s

A lawyer representing one of the co-founders of crypto mining service Hashflare has addressed how their criminal case may move forward after the pair received “self-deport” letters from the US Department of Homeland Security (DHS).In an April 11 filing in the US District Court for the Western Distri

A new version of the xrpl package, a JavaScript library for interacting with the XRP Ledger, appears to have been released with a security issue, according to a disclosure from the XRP Ledger Foundation on Tuesday. Charlie Eriksen, the Aikido Security malware researcher who identified the vulnerabil

Opinion by: Ahmad Shadid, CEO of O.xyzThe DeepSeek saga made it abundantly clear that cheaper AI models can offer breakthrough advantages. DeepSeek challenges traditional investments with low-cost, high-performance technology. Yet its rise brings serious risks. The most concerning aspects of such mo

What is Crocodilus malware? Crocodilus is the latest in a string of Android crypto malware built to steal your cryptoassets.Crocodilus is a sophisticated piece of malware that steals digital assets from Android devices. Named after crocodile references scattered throughout its code, Crocodilus tar

The price of bitcoin could keep rising if concerns over Federal Reserve independence persist, according to Geoffrey Kendrick, Standard Chartered's global head of digital assets research. He categorizes it as a government-sector risk — one of the key scenarios where bitcoin tends to outperform, given

Organized crime groups across Southeast Asia have scaled their operations by exploiting cryptocurrency and launching their own coins, exchanges and blockchain networks to launder billions of dollars, according to a new report from the United Nations Office on Drugs and Crime (UNODC).The report said

A three-year-long legal battle between Sydney-based fintech startup Block Earner and the Australian Securities and Investments Commission (ASIC) over alleged unlicensed service offerings ended in victory for the crypto lender, potentially setting a precedent for future cases.Following a multi-year l

As uncertainty in the broader market looms over the crypto space, some market pundits remain remarkably upbeat—especially when it comes to XRP.A anonymous cryptocurrency analyst referred to as “Papa” sees XRP reaching a price of up to $14 despite the latest challenges besetting the digital money. Th

Learn How to Spot and Stop Utility ScamsNEWARK, NJ / ACCESS Newswire / April 22, 2025 / Originally published on PSEG NewsRoomPSE&G reminds customers how to spot and avoid utility scams. We join Utilities United Against Scams (UUAS) in supporting the Federal Trade Commission's (FTC's) annual National

Mantra founder and CEO John Mullin has begun an $80 million burn of OM tokens to regain users’ trust following the token’s crash earlier in April. However, the question of the underlying reasons for the crash remains unanswered, blockchain investigators told Cointelegraph.Unpacking Mantra’s OM crash

0958 ET - Bitcoin could rise towards an all-time high if concerns over the Federal Reserve's independence persist, Standard Chartered's Geoff Kendrick says in a note. The cryptocurrency is a hedge against risks to the existing financial system due to its decentralized ledger, he says. This is curren

Indian crypto exchange WazirX aims to restart its trading platform following a $230 million hack, contingent on a Singapore High Court ruling regarding its restructuring and customer compensation plan."Zettai has completed all prior required steps, and the next key step is the sanction hearing," Waz

0847 GMT - Bitcoin rises as investors seek alternatives to the dollar after President Trump renewed his call for the Federal Reserve to deliver immediate interest rate cuts, Zaye Capital Markets analyst Naeem Aslam says in a note. "Trump's statements have had a notable impact on Bitcoin's price dyna

Bitcoin is decoupling from the US stock market and starting to trade more like precious metals, in another signal of Bitcoin’s growing role as a safe-haven asset against global economic disruption.Bitcoin’s price is showcasing its growing maturity as a global asset, becoming “less Nasdaq — more gol

Amid the latest market recovery, Ethereum (ETH) attempted to break out from its multi-month downtrend, leading some market watchers to suggest that a new rally could start soon. However, as price struggles to hold the $1,600 level as support, the cryptocurrency risks losing recent momentum.Ethereum

The European Central Bank (ECB) raised an alarm over potential fallout from aggressive US support for the crypto industry, warning that a surge in dollar-backed stablecoins could destabilize Europe’s financial system.According to a policy paper seen by Politico, the ECB has asked for a revision of t