Tag: Cryptocurrency
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Bitcoin Drops Under $100,000 as Risk-Off Sentiment Hits Crypto Markets
Bitcoin slides below $100,000, signaling renewed risk-off sentiment Bitcoin recently dipped below the $100,000 mark for the first time since June, signaling a renewed risk-off mood among investors. The move comes amid a broader pullback in the cryptocurrency markets as traders reassess risk exposure in a backdrop of macro uncertainty, policy expectations, and evolving regulatory…
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Trump’s Pardon Claim Slammed as His Biggest Hypocrisy Yet
Introduction: A Claim Sparks a Fresh Wave of Criticism In a high-voltaged political moment, critics seized on a surprising claim from President Donald Trump: he says he does not know Changpeng Zhao, the Binance cryptocurrency exchange founder, whom the president allegedly pardoned less than two weeks earlier. As the story ricochets through headlines and social…
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Singapore and Cambodia Pig-Butchering Scam Ring Ties Surface in US Sanctions Probe
Overview: A Transnational Criminal Network under Scrutiny The United States on Tuesday sanctioned Chen Zhi, the chairman of the Chinese property and investment conglomerate Prince Holding Group, and several of his associates amid allegations that they played pivotal roles in a sprawling “pig butchering” scam operation. The scheme, which has attracted attention for its use…
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Singapore Ties to Cambodian Pig-Butchering Scam Ring Under Spotlight
Unraveling a Transnational Scam Network Singapore is suddenly in the spotlight as U.S. prosecutors reveal ties between a Cambodian criminal ring and a family office operating in the city-state. The allegations center on a vast online investment scam infrastructure—often described as a pig-butchering scheme—that allegedly laundered billions of dollars using cryptocurrency. At the heart of…
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Indian Crypto Investors Rush to Buy the Dip After $19 Billion Market Crash
Indian Crypto Investors Rush to Buy the Dip Amid Major Market Crash Indian cryptocurrency exchanges are witnessing a dramatic surge in spot trading volumes as retail investors rush to buy the dip after a global crypto market wipeout. The day’s events, triggered by a sweeping set of market downturns and a surprise tariff move by…
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Indian crypto investors rush to buy the dip as $19B wipeout spurs recovery bids
Indian crypto investors rush to buy the dip amid a major market crash Indian cryptocurrency traders are flocking back to their exchanges, snapping up assets during a sharp market dip after a global liquidation event wiped out over $19 billion in crypto bets. The catalyst appeared to be a confluence of international market pressures and…
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Crypto Markets Plunge as Tariff Shock Triggers Largest Liquidation Wave in History
Overview: A Historic Crypto Sell-off Fueled by Policy Shock A dramatic policy announcement has triggered what researchers and traders are calling the largest liquidation event in cryptocurrency history. According to Bloomberg’s analysis of 24-hour data from Coinglass, more than $19 billion in crypto bets were wiped out, affecting over 1.6 million traders. The bulk of…
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Crypto Market Turmoil as Trump Tariffs Sparks Largest Liquidation in History
Overview: A Market Shaken by Tariffs and Liquidations The cryptocurrency market is facing its worst sell-off in history following Donald Trump’s announcement of 100% tariffs on China. Bloomberg reports, citing 24-hour data from Coinglass, that more than $19 billion was wiped out in liquidations, affecting more than 1.6 million traders. In the first hour alone,…
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Crypto Markets Tank: $19 Billion Liquidated as Trump Tariffs Send Bitcoin and Ethereum tumbling
Crypto Markets Plunge Amid Tariff Shock The cryptocurrency market faced one of its sharpest shocks in history after news that former President Donald Trump announced new 100% tariffs on China. In the 24 hours following the announcement, data provider Coinglass recorded more than $19 billion in liquidations across the crypto space, marking what analysts are…
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Singapore Man jailed and caned for Possessing Over 1,200 Child Abuse Photos and Videos
Overview of the case A 34-year-old Singaporean man was sentenced to 22 months in prison and two strokes of the cane after pleading guilty to possessing more than 1,200 photos and videos depicting child abuse. The case underscores the severity with which authorities treat the possession of child abuse material and the complex factors involved…