South Korea’s Jeju Wraps Crypto Probe of Almost 3,000 Tax Evaders, Seizes Coins
Jeju City, in the South Korean island province of Jeju, has completed a crypto-themed investigation of almost 3,000 residents with unpaid tax bills, seizing Bitcoin (BTC) and other coins from dozens of individuals. The South Korean media outlet Newsis reported that tax delinquents in the city have been “lining their pockets with cryptoassets.” Jeju Crypto […]
Wellgistics Rolls Out XRP Ledger Payments for Thousands of US Pharmacies
Wellgistics Health is introducing an XRP Ledger–based payment system to thousands of pharmacies across the United States, marking one of the first large-scale blockchain deployments in the healthcare sector. Key Takeaways: Wellgistics is rolling out an XRP Ledger payment system to over 6,500 pharmacies and 200 manufacturers in the U.S. The platform enables instant, low-cost […]
Metaplanet Lifts Total Bitcoin Holdings to $2.18B After Latest Buy
Metaplanet has added another 775 Bitcoin to its reserves, lifting its total holdings to 18,888 BTC. A Monday filing showed Metaplanet’s Bitcoin stash has climbed to about $2.18b, based on the prevailing exchange rate. This latest purchase extends a rapid run of acquisitions that have cemented the company’s place as Japan’s most prominent corporate Bitcoin […]
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[LIVE] Crypto News Today: Latest Updates for August 18, 2025 – Crypto Market Turns Bearish as Bitcoin Tests $115K, XRP Slips Below $3
The crypto market showed a bearish signal today, with Bitcoin (BTC) dropping 2.08% to test the $115K mark and XRP slipping below $3. Ethereum (ETH) also dipped 3.5% to under $4,400. Most sectors followed the downward trend, but DeFi stood out with a 1.81% gain, led by Chainlink (LINK) surging 14.32% on news of a […]
Does India Need a New Crypto Law? Tax Authority Questions Local Players: Report
India’s top tax authority has raised several questions to local crypto players whether India needs a new digital assets law. The Central Board of Direct Taxes (CBDT) has also inquired whether the 1% tax-deducted-at-source (TDS) on every sale is excessive. Per a report by The Economic Times, the tax body has requested that crypto platforms […]
Japan Prepares to Approve First Yen-Backed Stablecoin This Autumn: Report
Japan is preparing to greenlight its first yen-denominated stablecoin this autumn, marking a big step in the country’s approach to digital assets and cross-border payments, Nikkei reported Monday. The Financial Services Agency is expected to approve issuance of the stablecoin as early as October, with the token aimed at uses ranging from international remittances to […]
Crypto Influencer Sentenced to 1 Year in Prison for $3.5 Million Cloud Mining Scam
A self-styled crypto influencer has been sentenced to one year and one day in prison for orchestrating a large-scale cryptojacking scheme that defrauded major cloud computing providers of more than $3.5 million in resources. Key Takeaways: Crypto influencer Charles O. Parks III was sentenced to one year and a day for a $3.5M cloud cryptojacking […]
Lazarus Group Accused of Stealing $23M From British Crypto Startup Lykke
North Korea’s infamous Lazarus Group has been linked to the $23 million crypto heist that brought down British startup Lykke. Lykke, a crypto trading platform incorporated in the UK, lost nearly $23 million last year due to a security breach. Investigations at the time revealed that hackers stole 158 BTC and 2,161 ETH. The hacker […]
Bad News for DOGE? Qubic Community Votes to Target Dogecoin After Monero 51% Attack
The community behind Qubic, an AI-focused blockchain project, has voted to target Dogecoin (DOGE) with its next 51% attack, just days after successfully taking majority control of the Monero (XMR) network. Key Takeaways: Qubic’s community voted to target Dogecoin next after claiming majority control of Monero’s network. The Monero takeover forced Kraken to suspend deposits, […]
EV Company Faraday Future to Launch $30M Crypto Treasury, Explore Tokenized Car Sales
Electric vehicle startup Faraday Future is pivoting toward digital assets with plans to build a $30 million crypto treasury and explore tokenized vehicle sales. Key Takeaways: Faraday Future will launch a $30M crypto treasury and aims to expand holdings up to $1B. The EV firm plans tokenized car sales through its upcoming “EAI Vehicle Chain.” […]
Japan’s FSA to Approve 1st Yen Stablecoin in 2025, Expanding Digital Finance
The Financial Services Agency (FSA) in Japan is in progress to certify the first stablecoin pegged to the yen towards fall this year. The action signals a breakthrough in the Japanese digital finance world. Japanese fintech JPYC will be managing the launch after registering as a money transfer business in Tokyo. Currently, the stablecoin will
Jupiter (JUP) Price Prediction: Experts Eye $1.11 to $2.04 Range by 2025
Jupiter (JUP) is currently trading at $0.5134, representing a 0.31% decline in the last 24 hours. In the last 24 hours, the coin recorded a trade volume of $39.42 million, representing a significant 16.76% rise in activity. In the last seven days, the token recorded a slight fall, declining 2.78% from $0.5135, representing a consolidation