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South Korean prosecutors charged a group in an alleged rug pull involving the Solana-based memecoin Catpie, or CATFI, in what local media described as the country’s first decentralized exchange (DEX) rug-pull prosecution.The group was reportedly apprehended by the Seoul Southern District Prosecutors’ Office’s Virtual Asset Crime Joint Investigation Division. The main suspect, surnamed Park, allegedly posed as “Eth Father” on social media platforms and falsely promoted CATFI as an independent third-party before executing a rug pull that caused about 900 million won ($599,000) in financial damage to at least 256 investors, local news outlet Digital Asset Works said Wednesday.Prosecutors allege…

President Trump said the CFTC has “exclusive authority” over prediction markets and reiterated his commitment to keeping the US the “crypto capital of the world.” US President Donald Trump just voiced out his stance on which agency should exercise oversight over prediction markets. He also reaffirmed his goal of keeping America as the “crypto capital of the world.” CFTC Oversight on Prediction Markets On Tuesday evening, Trump stated on Truth Social that the Commodity Futures Trading Commission (CFTC) must maintain its “exclusive authority” over prediction markets. He called it a “critically important” distinction to prevent regulatory overreach from other agencies…

PDD Holdings Inc. (NASDAQ:PDD) is one of the 12 Best Revenue Growth Stocks to Buy According to Wall Street Analysts. On April 17, Morgan Stanley reiterated its Overweight rating on PDD Holdings Inc. (NASDAQ:PDD) with a price target of $148 on the stock. Analyst Eddy Wang named PDD Holdings Inc. (NASDAQ:PDD) as a Research Tactical Idea. Morgan Stanley’s analyst pointed out that China’s State Administration for Market Regulation imposed penalties on seven e-commerce platforms in connection with “Ghost Takeaway” cases, including PDD Holdings Inc. (NASDAQ:PDD) and others. PDD Holdings (PDD): One of the Best Revenue Growth Stocks to Invest In?…

Although gold and silver were trading higher in Tuesday’s session, both precious metals came sharply off their intraday highs as optimism around a potential peace deal in West Asia weakened following fresh US strikes on Iran, while a recovery in the US dollar also weighed on sentiment.Comex gold gained $60 per troy ounce to touch an intraday high of $4,540 but later erased all of its gains to trade at $4,517, while silver futures dropped to $76.58 from the day’s high of $79.25.While President Donald Trump stated that negotiations to end the three-month war with Iran were “proceeding nicely,” the…

Bitmine owns more than 4.47% of the total ETH coin supply of 120.7 million Bitmine is 89% of the way to the ‘Alchemy of 5%’ in just 11 months Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains Bitmine uplisted to the New York Stock Exchange (“NYSE”) from the NYSE American effective as of April 9, 2026 Bitmine has 4,712,917 staked ETH, representing $10.1 billion at $2,134 per ETH MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR…

VICTORIA, Seychelles, May 26, 2026 /PRNewswire/ — MEXC, a pioneer in 0-fee digital asset trading, has released its March–April bimonthly security report, including the strategic deployment of 1,000 BTC to its treasury reserves to strengthen user protection. MEXC’s security infrastructure intercepted and restricted 26,897 accounts tied to coordinated fraud within 60 days, an 18.9% increase from the previous reporting cycle. Threat intelligence engines mapped 6,903 malicious syndicates (up 33.6%), with the heaviest concentrations emerging from the Commonwealth of Independent States (CIS) and Indonesia, tracking 3,567 and 1,524 threat clusters, respectively. All identified entities were immediately banned across the platform to…

Victoria, Seychelles, May 26th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, has released its March–April bimonthly security report, including the strategic deployment of 1,000 BTC to its treasury reserves to strengthen user protection. Alongside this massive capital injection, the exchange continues to scale its compliance architecture to neutralize evolving market threats. Intercepted 26,897 Accounts Linked to Organized Risk Activities During this 60-day period, MEXC’s security infrastructure intercepted and restricted 26,897 accounts tied to coordinated fraud—an 18.9% increase from the previous reporting cycle. Threat intelligence engines mapped 6,903 malicious syndicates (up 33.6%), with the heaviest concentrations emerging from…

Seoul, South Korea, May 26th, 2026, Chainwire The Scandic Finance Group (SFG) is laying the foundation for a comprehensive ecosystem of real services and digital financial technology with the SNC Scandic Coin (SNC). As a global conglomerate with more than one hundred and fifteen daily newspapers and companies in mobility, technology, security and real estate, the group is creating a common currency whose use goes beyond that of a means of payment. The new coin simultaneously serves as an access key, loyalty programme and store of value for users around the world. From today’s market launch on 26 May 2026, interested parties…

Bitcoin’s digital nature is the source of most of its advantages. Since it is programmable, it unlocks self-custody practices that can make theft and confiscation very difficult. Since it is digital, it can move at the speed of light, allowing movement of value and settlement across the globe in minutes.  Nevertheless, Bitcoin has at times been criticized for being hard to grasp, literally. Bitcoin, in its natural state, can not be touched, can not be physically held; it can only be imagined and understood. To many people, that’s a significant barrier and one that has inspired quite a few attempts…

The timing could not be more pointed. Just as CEO Brian Armstrong published a sweeping 8-point vision for overhauling the global financial system, the SEC quietly pulled back from releasing its so-called “innovation exemption” for tokenized stock trading. The juxtaposition tells a story that matters for every investor watching crypto-adjacent equities right now. According to Bloomberg, the SEC had been preparing to release the innovation exemption as soon as the week of May 18, 2026. However, the timeline shifted after agency staff absorbed feedback from stock-exchange officials and other market participants. Specifically, a central sticking point was a provision that…