Month: April 2025

PGI Global Founder Hit With Fraud Charges in Alleged $200M Crypto Ponzi Scheme

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The U.S. Securities and Exchange Commission (SEC) charged the founder of now-defunct crypto and foreign exchange investment company PGI Global, with violating federal securities laws, alleging he ran a “Ponzi-like scheme” that defrauded investors of nearly $200 million — and spent $57 million of customer money on Lamborghinis, real estate and luxury goods. Ramil Palafox, … Read more

Binance’s AI-Driven Crackdown on Crypto Scams: $9.1M Recovered, $129M Prevented

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As cryptocurrency adoption surges, so too does the scale and sophistication of financial scams. In 2024, a staggering number of users found themselves targeted by phishing schemes, social engineering attacks, and fake investment platforms. Yet amid this rise in fraud, one exchange is pushing back with unprecedented intensity. Binance, the world’s largest crypto exchange by … Read more

BC.GAME To Host ‘Untamed Arena’ During TOKEN2049, Showcasing Web3 Culture And Influencer Appearances

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Belize, Belize, April 23rd, 2025/Chainwire/–As TOKEN2049 Dubai approaches, BC.GAME is preparing to present “Untamed Arena,” a side event scheduled for April 29 at Bla Bla Dubai. The gathering is expected to attract over 3,000 attendees and will feature an evening of music, community engagement, and appearances by high-profile figures from both the entertainment and crypto … Read more

Bitcoin holders back in profit as new capital enters the market — Is $100K BTC price next?

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Key Takeaways: Bitcoin short-term holders are back in profit, increasing chances for a rally to $100,000. Long-term holders added 363,000 BTC since February, with new buyers injecting capital in April. Bitcoin sell pressure risk exists at $97,000, where 392,000 BTC could be sold. Bitcoin’s (BTC) surge above $91,700 on April 22 pushed its value above … Read more

SEC discusses deepening US-El Salvador ties amid deportation backlash

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Officials with the US Securities and Exchange Commission’s (SEC) crypto task force met with the El Salvador National Commission on Digital Assets (CNAD) to discuss regulation and a proposed cross-border sandbox. In an April 22 memo, the SEC’s crypto task force reported meeting with officials from El Salvador, Perkin Law Firm, and former Goldman Sachs … Read more

Falcon Finance Integrates $sUSDf With Pendle For Enhanced Onchain Yield Generation

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Dubai, United Arab Emirates, April 23rd, 2025/Chainwire/–Synthetic dollar protocol Falcon Finance has announced that its $sUSDf stablecoin has been integrated into Pendle’s DeFi yield platform. Its addition gives Pendle users a new source of stable yield while allowing Falcon users to do more with their digital assets. $sUSDf serves as Falcon’s yield-generating stablecoin and is … Read more

Luxury app Dorsia taps MoonPay for crypto payments

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Luxury hospitality platform Dorsia is rolling out crypto payments for clients in the United States, the United Kingdom, Europe, and six Arab nations. The payments feature is being enabled through a partnership with MoonPay, the companies told Cointelegraph. With the integration, users will be able to book luxury travel experiences and complete transactions directly in … Read more

Canada’s Blockchain Advantage: Small Enough to Move Fast, Big Enough to Matter

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Over the past several years, global discourse around blockchain has been dominated by the United States — its legislative gridlock, inter-agency turf wars, and intermittent moments of regulatory clarity. As the U.S. continued to grapple with its internal contradictions, other jurisdictions have sought to fill the void. Switzerland, Singapore, Hong Kong, Dubai, and Gibraltar positioned … Read more

Price predictions 4/23: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, AVAX, SUI

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Key points: Bitcoin’s rally is backed by solid institutional buying in the spot BTC ETFs. A rally above the $95,000 level could be difficult, but analysts’ end-of-year price projections now extend to $200,000. Select altcoins are showing signs of a price bottom. Bitcoin (BTC) price rallied close to the $95,000 resistance level on April 23 … Read more

Bretton Woods institutions must reorient, US Treasury secretary says

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United States Treasury Secretary Scott Bessent recently called for “Bretton Woods institutions,” such as the International Monetary Fund (IMF), to reorient themselves, a signal that the global monetary order could be shifting. Speaking at the Institute of International Finance (IIF) on April 23, Bessent called on the IMF and the World Bank to correct trade … Read more

Discord appoints former Activision Blizzard exec Humam Sakhnini as CEO

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Amid rumors that the company is eyeing an IPO, Discord appointed former Activision Blizzard Vice Chairman Humam Sakhnini as CEO. Discord co-founder Jason Citron will leave his CEO role after thirteen years at the company. Discord straddles the gaming and social media spaces — despite its initial emergence as a platform for online multiplayer gamers … Read more

Pete Buttigieg makes his first foray into the podcast manosphere

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Pete Buttigieg appears on Flagrant with Andrew Schultz on April 23rd, 2025. A Democrat has entered the manosphere. Pete Buttigieg, the former Secretary of Transportation in the Biden Administration and a presidential candidate in 2020, sat for a three-hour appearance on Andrew Schultz’s Flagrant on Wednesday to discuss current events, the state of politics, and … Read more

OpenAI’s GPT-4.1 may be less aligned than the company’s previous AI models

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In mid-April, OpenAI launched a powerful new AI model, GPT-4.1, that the company claimed “excelled” at following instructions. But the results of several independent tests suggest the model is less aligned — that is to say, less reliable — than previous OpenAI releases. When OpenAI launches a new model, it typically publishes a detailed technical … Read more