12 Arrested in HK as Officials Uncover $15M Cash, Crypto Laundering Operation: Report
Hong Kong police have dismantled a cross-border crime syndicate accused of laundering HK$118 million (US$15 million) through fraudulent bank accounts, arresting a total of 12 individuals in a citywide operation, the South China Morning Post (SCMP) first reported....
Debt Reckoning: Moody’s Downgrades US Credit Amid Fiscal Freefall
On Friday, credit rating agency Moody’s downgraded the United States’ long-term credit rating from Aaa to Aa1, pointing to a decade of mounting debt and escalating interest payment pressures. The development lands amid intensifying recession concerns, turbulent...
Bitcoin ETFs Pull In $260M Friday as Blackrock’s IBIT Secures 631,962 BTC
Spot bitcoin exchange-traded funds (ETFs) drew $260.27 million in net inflows on Friday, May 16, significantly outpacing spot ethereum ETFs, which recorded a total inflow of $22.12 million. Bitcoin ETFs Dominate Friday Flows While Ethereum Sees Tepid Uptake Leading...
Bitcoin Mining Stocks Continue Rally as Applied Digital Leads Friday’s Gains
Bitcoin-mining stocks closed higher Friday, with Applied Digital Corporation jumping 22.18% to top the leaderboard. Bitcoin Miners Rally as Volatility Breeds Opportunity Applied Digital posted the largest single-day gain among bitcoin miner-exposed equities, climbing...Interesting 13
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