Day: May 22, 2025

Crypto scam hub expose stunt goes viral, Kakao detects 70K scam apps: Asia Express

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Viral exposé forces Philippine authorities to probe alleged scam hub The Philippines’ Cybercrime Investigation and Coordinating Center (CICC) has launched an official investigation into a suspected scam operation based in the island city of Cebu, following a viral exposé by YouTube content creator mrwn. In a 23-minute video that has garnered over 2.7 million views on YouTube and is spreading rapidly across social media, mrwn reveals how he hacked into the scam center’s computers and CCTV system, exposing what appears to be a fraud ring operating out of a call…

Study: US Leads Global Bitcoin Ownership With 14.3% Adoption Rate

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A new research report by River reveals that nearly 50 million Americans, or 14.3% of the population, own bitcoin, the highest ownership rate of any geographical region. Additionally, the report highlights that 32 American public companies, with a combined market capitalization of $1.26 trillion, hold bitcoin as a treasury asset. Bitcoin Ownership Demographics and Corporate […] Original

US tourist drugged by fake Uber driver and robbed of $123K BTC — Report

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An American tourist in the United Kingdom was reportedly drugged by an individual posing as a taxi driver, who stole the tourist’s $123,000 in Bitcoin stored on a cell phone. According to a report from My London, Jacob Irwin-Cline went out to a London bar and had several drinks before calling an Uber to take him home. Cline said that he did not thoroughly check the details of the Uber ride on his phone and left with a random private cab driver resembling the Uber driver at first glance, but…

Senators plan to amend GENIUS Act to address Trump family’s stablecoin

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Though a majority of members of the US Senate voted to advance a bill to regulate payment stablecoins on May 20, high-ranking Democrats are planning to propose an amendment to the legislation to address President Donald Trump’s connections to the cryptocurrency industry. According to a May 22 Axios report, Senate Minority Leader Chuck Schumer and Senators Elizabeth Warren and Jeff Merkley will file an amendment to the Guiding and Establishing National Innovation for US Stablecoins Act, or GENIUS Act, to block a US president from profiting from stablecoins. The proposed…

Bond Yields Continue to Soar as Markets Eye Trouble, Bitcoin and Gold Shine

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Markets are flashing warning signs as long-term U.S. Treasury yields spike, bond auctions falter, and prediction markets show rising odds of economic trouble ahead. Treasury Market Signals Mounting Fiscal Anxiety The 30-year U.S. Treasury bond yield surged to 5.18% on Thursday—its highest point since 2023—before easing slightly later in the session. The benchmark 10-year yield […] Original

Dogecoin Breaks Out Of Bull Pennant—What’s The Target?

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An analyst has pointed out how Dogecoin is showing a break out of a Bull Pennant. Here’s where the target could lie, based on the pattern. Dogecoin Has Just Seen A Surge Beyond Bull Pennant Resistance In a new post on X, analyst Ali Martinez has talked about a pattern that has been forming in the hourly price of Dogecoin recently. The pattern in question is a “Bull Pennant,” which is a type of Pennant from technical analysis (TA). A Pennant forms whenever the price of an asset witnesses consolidation…

Memecoin Moo Deng, MEW Surges After Robinhood Listing

Robinhood has added two Solana-based memecoins, Moo Deng and cat in a dog’s world , to its suite of cryptocurrencies available to trade for U.S. customers. Moo Deng, which is based on a baby pygmy hippo, has risen to a $230 million market cap this month after the meme went viral online in 2024. The token skyrocketed over 836% in May and jumped another 21% over the past 24 hours. Cat in a dog’s world, on the other hand, is a token based on cats, which launched in March 2024…

XRP price fails to respond to two extremely bullish developments — Here is why

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Key takeaways: The two most bullish events ever imagined by XRP (XRP) advocates happened in 2025, but XRP continues to underperform the cryptocurrency market. On March 6, XRP was listed as a candidate for the United States’ “Digital Asset Reserve,” and Ripple Labs settled a years-long complaint with the US Securities and Exchange Commission on May 8. XRP/USD (blue) vs. crypto market capitalization. Source: TradingView / Cointelegraph XRP fell 6% in the three months leading up to May 22, while overall crypto market capitalization rose 10%. Traders remain hopeful for…