Global

In a high-profile case making waves across the globe, Swedish national Szakacs, now known as Emre Avcı after acquiring Turkish citizenship, has been arrested in Turkey on serious allegations of orchestrating a pyramid scheme that allegedly defrauded investors of $4 billion.

Bitcoin miners’ reserves have surged to a two-year high, raising alarms about a potential decline in Bitcoin’s market price. According to a recent CryptoQuant report, miner reserves have ballooned to 368,000 BTC, valued at approximately $22.36 billion.

Mike Carson, founder of the Bitcoin-based naming project Spaces Protocol, advocates for decentralized domain names anchored on the Bitcoin network.

In a significant move against financial crime, China has successfully extradited a suspected mastermind behind a massive cryptocurrency pyramid scheme.

This November, the United States faces a pivotal decision with the election of its next president. Republican candidate Donald Trump and Vice President Kamala Harris offer markedly different visions for the future of cryptocurrency regulation, which could have significant implications for the industry.

In recent developments, Ethereum ETFs have faced unprecedented challenges, marked by record outflows and growing investor concerns.