2025

Hong Kong police busts $15M laundering ring that used crypto, 500 bank accounts 2025-05-18 at 04:03 By Cointelegraph by Brayden Lindrea Hong Kong police arrested 12 people involved in a cross-border money laundering scheme that relied on crypto and over 500 stooge bank accounts to launder HK$118 million ($15 million), local news outlets reported. The […]

Moody’s downgrades US credit rating due to rising debt 2025-05-18 at 00:02 By Cointelegraph by Vince Quill Moody’s credit rating agency downgraded the credit rating of the United States government from Aaa to Aa1, citing the rising national debt as the primary driver behind the reduction in creditworthiness. According to the May 16 announcement from

High-speed oracles disrupting $50B finance data industry — Web3 Exec 2025-05-17 at 22:01 By Cointelegraph by Vince Quill Michael James, the head of institutional business development at Douro Labs — the company that developed the Pyth high-speed blockchain oracle network — told Cointelegraph that oracle networks like Pyth are disrupting the $50 billion financial data

A Bitcoiner’s guide to South Africa’s Garden Route 2025-05-17 at 19:03 By Cointelegraph by Cath Jenkin South Africa’s Garden Route, famed for its lush forests, expansive beaches and charming towns, has become a testbed for Bitcoin adoption. From Mossel Bay to Witsand and Plettenberg Bay to Knysna, Bitcoin has become popular among shop owners and

Boffins devise technique that lets users prove location without giving it away 2025-05-17 at 18:50 By Thomas Claburn ZKLP system allows apps to confirm user presence in a region without exposing exactly where Computer scientists from universities in Germany, Hong Kong, and the United Kingdom have proposed a way to provide verifiable claims about location

The DeFi mullet — Fintech needs DeFi in the back 2025-05-17 at 18:03 By Cointelegraph by Merlin Egalite Opinion by: Merlin Egalite, co-founder at Morpho Labs Fintechs in the front, decentralized finance (DeFi) in the back: the DeFi Mullet. Today’s fintech companies offer excellent user experiences but are constrained by traditional financial infrastructure — siloed,

Bitcoin to $250K in 2025 ‘totally possible’ — crypto analyst Scott Melker 2025-05-17 at 16:01 By Cointelegraph by Amin Haqshanas Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to Scott Melker, a crypto analyst and host of The Wolf of All Streets podcast. Speaking in a recent

No-boom supersonic flights could slide through US skies soon 2025-05-17 at 14:18 By Iain Thomson As long as you’re quiet about it Feature  This week, a bipartisan bill was introduced that would allow supersonic flight over the continental US for the first time in 52 years, as long as they’re quiet.… This article is an

Everstake defends non-custodial staking as SEC weighs industry input 2025-05-17 at 13:02 By Cointelegraph by Amin Haqshanas The US Securities and Exchange Commission (SEC) has held discussions with Everstake, one of the largest non-custodial staking providers globally, to explore clearer regulatory definitions around staking in blockchain networks. The meeting, which also involved the SEC’s Crypto

Google backs down after locking out Nextcloud Files app 2025-05-17 at 11:46 By Richard Speed Search giant to restore critical Android permission after user outcry In a turn of events to warm our withered hearts, Google has offered to restore the permission that was revoked from Nextcloud’s Files app for Android.… This article is an

New Zealand man arrested in $265M crypto scam tied to FBI probe 2025-05-17 at 11:02 By Cointelegraph by Amin Haqshanas A man from Wellington, the capital city of New Zealand, has been arrested in connection with an FBI-led investigation into a global cryptocurrency fraud operation that allegedly stole $450 million New Zealand dollars ($265 million).

Panama City mayor teases Bitcoin reserve after meeting El Salvador’s Bitcoin leaders 2025-05-17 at 09:02 By Cointelegraph by Brayden Lindrea Panama City Mayor Mayer Mizrachi has hinted at establishing a city-level Bitcoin reserve in a cryptic post following his meeting with two of El Salvador’s Bitcoin policy leaders. “Bitcoin Reserve,” Mizrachi wrote to X on

[Webinar] From Code to Cloud to SOC: Learn a Smarter Way to Defend Modern Applications 2025-05-17 at 07:46 By Modern apps move fast—faster than most security teams can keep up. As businesses rush to build in the cloud, security often lags behind. Teams scan code in isolation, react late to cloud threats, and monitor SOC

Paraguay deports three undocumented immigrants after crypto mining theft attempt 2025-05-17 at 06:03 By Cointelegraph by Brayden Lindrea Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near the country’s Itaipu hydroelectric dam. According to a May 15 statement from Paraguayan prosecutor Irene Rolón, the

Bitcoin bull flag and standard profit taking hint at eventual rally to new BTC price highs 2025-05-17 at 04:01 By Cointelegraph by Big Smokey Key takeaways: Traders expect a Bitcoin price pullback to $90,000, but a bull flag could break out to new highs if profit taking near the range highs reduces. On-chain data suggests

French crypto entrepreneurs to receive extra security amid recent kidnappings: Report 2025-05-17 at 04:01 By Cointelegraph by Brayden Lindrea Crypto entrepreneurs and their families in France will receive enhanced security measures amid a recent rise in crypto-related kidnappings in the country, Politico reported. According to the May 16 report, the measures include priority access to

Fired US govt workers, Uncle Xi wants you! – to apply for this fake consulting gig 2025-05-17 at 02:50 By Jessica Lyons Phony LinkedIn recruitment ads? Groundbreaking Chinese government snoops – hiding behind the guise of fake consulting companies – are actively trying to recruit the thousands upon thousands of US federal employees who have

Tokenization makes investing more accessible — Robinhood exec 2025-05-17 at 02:04 By Cointelegraph by Christopher Tepedino Tokenization could open new opportunities for retail investors to access traditionally restricted asset classes, according to Johann Kerbrat, senior vice president and general manager of Robinhood Crypto, who called it “very important for financial inclusion.” Speaking at the Consensus

America’s consumer watchdog drops leash on proposed data broker crackdown 2025-05-17 at 02:04 By Iain Thomson Crooks must be licking their lips at the possibilities Uncle Sam’s consumer watchdog has scrapped plans to implement Biden-era rules that would’ve treated certain data brokers as credit bureaus, forcing them to follow stricter laws when flogging Americans’ sensitive

Mark Zuckerberg’s Meta refuses to crack down on rampant scams from bogus ads to avoid losing revenue: report 2025-05-17 at 00:59 By Ariel Zilber Tech giant whose digital properties include popular social networks Facebook and Instagram is under scrutiny over its role in enabling online scams. This article is an excerpt from Latest Technology News