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The Los Angeles Police Department (LAPD) has dismantled a cargo theft operation, recovering nearly $4 million in stolen goods, including Bitcoin mining equipment valued at $2.7 million, after tracing the activity to a warehouse in San Pedro, California. According to authorities, detectives from the LAPD’s Commercial Crimes Division Cargo Theft Unit (CTU) arrested two suspects…

The United States Securities and Exchange Commission (SEC) charged Ramil Palafox and his company PGI Global on Tuesday for allegedly running a massive fraud scheme that saw investors defrauded of $198 million. PGI Global, Ramil Palafox Face SEC According to an April 22 press release from the federal regulator, PGI Global sold “membership” packages that…

The meme coin market is experiencing a strong comeback, with total market capitalization climbing 12.63% over the last 24 hours to reach $53.95 billion. DogWifHat ($WIF) is leading this resurgence, having surged over 25% in the same timeframe. $WIF Plummeted Post-Coinbase High But Is Now Climbing Back Launched in November 2023, DogWifHat ($WIF) built its…

Key Takeaways: U.S. and Salvadoran officials discussed a cross-border regulatory sandbox focused on tokenization. The effort is meant to provide U.S. regulators with real-world data on token classification and broker-dealer roles. El Salvador’s digital asset agency would oversee the pilots, drawing on its existing tokenization framework. The U.S. Securities and Exchange Commission’s Crypto Task Force…

Strategy founder Michael Saylor shared why recently appointed United States Securities and Exchange Commission Chair Paul Atkins may be good for business in a post published to X on Tuesday. Atkins Promises Principled Crypto Regulation “SEC Chairman Paul Atkins will be good for Bitcoin,” Saylor said in an April 22 post with a video of…

U.S. President Donald Trump is planning a private dinner for the top 220 holders of the $TRUMP meme coin, drawing renewed attention and a sharp rally in the token’s price. The exclusive event will take place on May 22 at the Trump National Golf Club in Washington, D.C., and is designed to reward high-ranking token…

Key Takeaways: The facility provides Riot with capital for strategic growth without issuing new equity, preserving shareholder value. The loan bears interest tied to the federal funds rate. Riot plans to use the funds to support key initiatives and general corporate needs. Riot Platforms, Inc., a Bitcoin mining firm, announced on Wednesday that it has…

MGBX has announced that the platform has officially completed a comprehensive brand and channel upgrade. A formal brand upgrade launch event will take place during Token2049 in Dubai, marking MGBX’s official entry into the Middle Eastern market. About MGBX: Major Cryptocurrency Asset Trading Platform Founded in April 2019, MGBX is dedicated to providing secure and…

According to a release on April 23, Binance will require South African users to submit sender and receiver information for all crypto deposits and withdrawals. The move responds to local regulatory requirements and seeks to tighten compliance in the country’s fast-growing crypto sector. What Binance Users Must Now Disclose for Deposits and Withdrawals Starting April…

Over the past several years, Mythical Games has played a notable role in evolving web3 gaming by focusing less on technical features and more on delivering engaging experiences. By prioritizing gameplay, accessibility, and entertainment value, the studio has contributed to making blockchain-enabled games more approachable to a wider audience. Rethinking the Introduction to Web3 Gaming…