Day: May 17, 2025

12 Arrested in HK as Officials Uncover $15M Cash, Crypto Laundering Operation: Report

2025-05-17 By admin

Hong Kong police have dismantled a cross-border crime syndicate accused of laundering HK$118 million (US$15 million) through fraudulent bank accounts, arresting a total of 12 individuals in a citywide operation, the South China Morning Post (SCMP) first reported. Crime Syndicate Recruited Mainland Chinese to Launder Millions, Police Say SCMP reported that Hong Kong’s Commercial Crime […]

Debt Reckoning: Moody’s Downgrades US Credit Amid Fiscal Freefall

2025-05-17 By admin

On Friday, credit rating agency Moody’s downgraded the United States’ long-term credit rating from Aaa to Aa1, pointing to a decade of mounting debt and escalating interest payment pressures. The development lands amid intensifying recession concerns, turbulent trading conditions, and disjointed activity across bond markets. Triple-A No More—Moody’s Strips U.S. of Top Rating Amid Exploding […]

Lightchain AI Mainnet Launch in July to Introduce Decentralized AI Marketplace

2025-05-17 By admin

This content is provided by a sponsor. Lightchain AI, a pioneering blockchain project integrating artificial intelligence, has announced the official launch of its mainnet in July 2025. This milestone will introduce a decentralized AI marketplace, enabling creators and companies to leverage the Lightchain Protocol’s Global Model, known as the Artificial Intelligence Virtual Machine (AIVM). Join […]

Bitcoin ETFs Pull In $260M Friday as Blackrock’s IBIT Secures 631,962 BTC

2025-05-17 By admin

Spot bitcoin exchange-traded funds (ETFs) drew $260.27 million in net inflows on Friday, May 16, significantly outpacing spot ethereum ETFs, which recorded a total inflow of $22.12 million. Bitcoin ETFs Dominate Friday Flows While Ethereum Sees Tepid Uptake Leading Friday’s activity in the bitcoin ETF space was Blackrock’s Ishares Bitcoin Trust (IBIT), which took in […]

Bitcoin Mining Stocks Continue Rally as Applied Digital Leads Friday’s Gains

2025-05-17 By admin

Bitcoin-mining stocks closed higher Friday, with Applied Digital Corporation jumping 22.18% to top the leaderboard. Bitcoin Miners Rally as Volatility Breeds Opportunity Applied Digital posted the largest single-day gain among bitcoin miner-exposed equities, climbing more than 22% to close at $6.83. Bitdeer Technologies Group followed with a 10.63% advance to $15.19, while Hut 8 Corp. […]

Bitcoin Mining Just Got Tougher as Difficulty Spikes and Hashrate Slips

2025-05-17 By admin

On Saturday, at block height 897,120, Bitcoin’s mining difficulty increased by 2.13%, reaching 121.66 trillion and marginally raising the computational challenge required to uncover new blocks. Bitcoin Mining Difficulty Climbs Past 121 Trillion Miners now face slightly steeper odds in their efforts to solve blocks, with the adjustment making the process 2.13% more arduous. Although […]

Caesium Image Compressor 2.8.5

2025-05-17 By admin

Caesium is an image compression software that helps you store, send and share digital pictures, supporting JPG, PNG, WebP and TIFF formats. You can quickly reduce the file size (and resolution, if you want) by preserving the overall quality of the image. Caesium Image Compressor key features: High Compression Ratio – Reduces image file size […]

FastCopy 5.9.0

2025-05-17 By admin

FastCopy is an advanced file management tool that can copy and delete files faster than Windows Explorer alone. FastCopy automatically selects an optimized method depending on whether the Source and Destination directory are on the same or different hard drives, and performs read/write operations without using the O/S cache. In addition to simple copy and […]

Bitstamp Gets EU License Under MiCA Crypto Rules

2025-05-17 By admin

Cryptocurrency exchange Bitstamp has received a Crypto Asset Service Provider (CASP) license under the EU’s MiCA regulation from Luxembourg’s Commission de Surveillance du Secteur Financier. This license, combined with the European Passport, will allow Bitstamp to operate its trading platform, execute client orders, and provide crypto custody services across the European Economic Area. Bitstamp’s CEO […]