Hong Kong Police Bust $46M Asia-Wide Deepfake Crypto Romance Scam

Hong Kong police have dismantled a $46 million deepfake crypto romance scam, arresting 27 individuals who used advanced technology to create fake identities, luring victims into fraudulent investments across multiple countries.
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FTX Unstakes $28 Million in SOL, Triggering Fears of Another Selloff

FTX’s unstaking of 178,631 SOL valued at $28M has stirred concerns of a looming selloff, potentially impacting Solana’s price. The tokens, unstaked from a wallet tied to FTX, could be moved to major exchanges such as Binance and Coinbase, continuing the exchange’s liquidation strategy after its collapse.
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Ripple Reveals RLUSD Stablecoin Partners for Worldwide Distribution

Ripple unveiled RLUSD, its enterprise-focused stablecoin, at the Ripple Swell 2024 conference. Partnered with global exchanges such as Bitstamp and Bitso, RLUSD aims to provide secure cross-border payments and tokenization solutions for real-world assets. Regulatory compliance remains at the forefront.
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