The U.S. Securities and Exchange Commission (SEC) has filed charges against crypto startup Unicoin Inc. and several of its executives, accusing them of misleading thousands of investors in a $110 million token sale disguised as a secure, asset-backed investment. Filed in the Southern District of New York, the complaint alleges that Unicoin’s leadership falsely claimed
Patrick Adeka
Patrick holds a graduate degree in Life Sciences and discovered Bitcoin and crypto in 2018. With a strong analytical background, he has worked with and advised multiple projects in DeFi and real-world NFT applications. Passionate about blockchain innovation, he provides valuable perspectives on decentralized finance and asset tokenization, shedding light on emerging opportunities in the space.
Bitcoin may be on track to reach a $500,000 valuation by the end of President Donald Trump’s current term, according to a new investor note from Standard Chartered. The bank’s bullish projection is driven by growing institutional demand and a rise in indirect sovereign exposure through investments in Michael Saylor’s Strategy—a company now holding over
Standard Chartered Says Bitcoin Could Hit $500K by End of Trump Term
Bitcoin has surged to $107,500, marking its highest price since January and putting the asset within 2% of its all-time high of $108,786—set earlier this year on the day of President Donald Trump’s inauguration. Market data from CoinGecko confirms that Bitcoin is trading above $107,000, solidifying a full recovery from its April low below $75,000.
Bitcoin Hits $107K as All-Time High Draws Closer
Lee Jae-myung, the frontrunner in South Korea’s upcoming presidential election and leader of the Democratic Party, has proposed the creation of a Korean won-pegged stablecoin to protect national wealth and reduce reliance on foreign-issued digital currencies. Speaking during a recent policy forum, Lee argued that the absence of domestic stablecoins has led to significant capital
South Korea’s Presidential Frontrunner Proposes National Stablecoin
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on several high-profile proposals for Solana-based exchange-traded funds (ETFs), extending its review of applications submitted by 21Shares, Bitwise, VanEck, and Canary Capital. In regulatory filings published Monday, the agency stated it needs additional time to evaluate complex legal and policy issues tied to the
SEC Delays Solana ETF Decisions Over Legal Concerns
Investor appetite for Ethereum spiked last week, as crypto funds posted one of their strongest performances of 2025—driven by rising institutional confidence in Ethereum’s ongoing technical evolution. According to CoinShares, Ethereum investment products recorded $205 million in inflows, a massive leap from just $1.5 million the week before. The surge follows Ethereum’s recent rally toward
Ethereum Sees $200M Inflows Amid Pectra-Driven Optimism
Dubai’s Virtual Assets Regulatory Authority (VARA) has rolled out a sweeping update to its crypto regulatory framework, giving all licensed digital asset firms until June 19, 2025, to fully align with a stricter set of standards designed to strengthen oversight and reduce compliance ambiguity. Unveiled on May 19, the revised Rulebooks—dubbed Version 2.0—mark a key
Dubai Crypto Regulator Sets June Deadline for Compliance Overhaul
Ethereum co-founder Vitalik Buterin is championing a new approach that could drastically reduce the technical demands of running an Ethereum node—making it more accessible to everyday users equipped with standard consumer devices. In a recent post on the Ethereum Research blog, Buterin outlined a “lightweight, local-first” strategy that would shift how nodes sync with the
Vitalik Proposes New Design to Simplify Node Use
Australian authorities have seized assets worth $2.88 million USD—including nearly 25 Bitcoin, a waterfront mansion, and a Mercedes-Benz—in connection with a long-running investigation into a historic cryptocurrency theft. The Australian Federal Police (AFP) announced on May 18 that the confiscation followed a court-approved forfeiture order targeting a Queensland man believed to have profited from the
Australian Police Seize $4.5M in Assets From Crypto Hack Case
Coinbase is facing mounting legal pressure after revealing that several of its customer support agents were bribed to leak sensitive user data. At least six lawsuits have been filed against the crypto exchange between May 15 and 16, marking a swift and coordinated legal response from affected users. The lawsuits allege that Coinbase failed to
Coinbase Faces Legal Backlash Over Insider Data Breach
Ethereum is flashing fresh strength after bouncing sharply from $2,400 on May 17 to an intraday high of $2,551 on May 18—a 4.5% recovery within 24 hours. The move caught bearish traders off guard, liquidating $22 million in short positions, including $7.5 million in a single hour, and sparked renewed optimism across the market. At
Ethereum Eyes $3K: Market Rebound Signals Renewed Momentum
Hong Kong authorities have dismantled a sophisticated money laundering syndicate that funneled over $15 million through fraudulent bank accounts and crypto transactions. The citywide crackdown, executed on May 15, resulted in the arrest of 12 suspects—nine men and three women—across Hong Kong and mainland China. The criminal operation was allegedly coordinated from a rented apartment