$BTC An “AI-powered” crypto platform just got busted for raising $198 million in a global Ponzi scheme.
PGI Global, led by Ramil Palafox, sold dreams of big crypto and forex gains. But instead of trading, he bought luxury cars, watches, and homes.
From 2020 to 2021, investors were promised consistent returns using “AI auto-trading.” The SEC now says it was all a lie, masked in slick tech talk and multi-level marketing hype.
Over $57M went straight into personal indulgence. The rest? Paid out to keep the scheme afloat — classic Ponzi. Now the SEC and DOJ are both going after him.
Are we witnessing the final curtain for fake AI crypto empires?
$XRP XRP is turning heads in Asia like never before 🇭🇰🚀
A brand-new Tracker Fund just launched in Hong Kong, backed by @Ripple as an anchor investor. Institutional access to XRP—no wallets, no custody, just pure exposure.
HashKey is leading the charge Monthly redemptions Cash or in-kind contributions All benchmarked by CF Benchmark
This isn’t just a fund. It’s a blueprint. Ripple and HashKey are teaming up to reshape how Asia taps into crypto. DeFi, tokenization, enterprise blockchain—this is real.
With XRP now the #3 crypto, could it soon be the go-to asset for institutional giants?
$BTC Russia is gearing up for the digital ruble, its national central bank digital currency (CBDC), with authorities making necessary changes to incorporate it into the budget process!
The Ministry of Finance is working on amendments to the budget code that will allow for the disbursement of certain subsidies in digital rubles. Deputy director Osman Kabaloev stated that this will enable seamless integration into the budget process.
While the central bank has plans for the digital ruble, a clear launch date remains elusive. Initial expectations pointed to a rollout in 2026, but some financial experts believe it may be delayed until 2027 to address technical issues.
What are your thoughts on the future of the digital ruble in Russia? Let us know! 💬
$ETH Tether is doubling down on financial inclusion 🌍💸
The stablecoin giant hass announced a strategic investment in Fizen Limited — a fintech startup building self-custody wallets and seamless digital payment rails.
Fizen’s tech lets users pay with stablecoins via QR codes & card readers, while merchants get fiat instantly. No complex setup. No crypto confusion.
Could this be the breakthrough for real-world stablecoin adoption?
$BTC Bitcoin tightens its grip while altcoins flounder 📊
—BTC dominance hits 64.13% (up 0.45%) as ETH/BTC ratio sinks to a 5-year low. —Price slides under $84K following Fed Chair's comments —Ether’s brutal year continues. Down 50% YTD, with top ETFs profiting from shorting it.
$BTC European rating agency Scope has issued a warning regarding a potential downgrade of the US sovereign credit rating due to uncertainty surrounding US trade policy.
The agency outlines three possible scenarios for the credit outlook: a "tariff-light" approach, a full-scale trade war, or a broader economic and financial crisis that could include the introduction of US capital controls.
Alvise Lennkh-Yunus, head of sovereign and public sector ratings at Scope, noted that the recent announcement of US trade tariffs represents a significant escalation in protectionist policies, which could lead to the largest peacetime trade shock in over a century.
The impact on growth, inflation, and public debt will depend on the macroeconomic environment shaped by US policies and the responses of trading partners.
Scope emphasizes that the US, as the epicenter of this policy shift, faces significant vulnerabilities, particularly if alternatives to the dollar emerge amid a prolonged trade conflict.
Lennkh-Yunus warned that “in a scenario of a protracted trade war and/or the introduction of US capital controls, viable alternatives to the dollar could emerge,” potentially leading to deeper trade relationships between China 🇨🇳 and the EU 🇪🇺, further opening of China’s capital accounts, or an acceleration of the EU’s Savings and Investment Union, all of which could negatively impact the US credit rating.
What do you think about the potential implications of these trade policies on the US economy and credit rating?
UPDATE: XRP leads altcoin ETF race with nearly 10 active applications, followed by Solana, Litecoin and Doge according to SEC filings tracked by Kaiko Research.
Which crypto ETF do you think will be approved first?$XRP
The U.S.-China trade war heats up, and fears grow that Beijing might dump $700B in U.S. Treasuries—a move that could shake global markets. Rare mineral export bans and tariff hikes add fuel to the fire.
Majid Soofi warns: "Dumping Treasuries is a double-edged sword. It could hurt China’s reserves, wobble its financial system, and evaporate global leverage." This is financial chess, not checkers. ♟️💸
Japan 🇯🇵 reportedly offloaded U.S. debt after Black Monday, sparking fears of a ripple effect. Could Beijing follow suit? The stakes are high, and the consequences could be seismic.
What’s your take on this economic showdown? Share your thoughts below!$BTC
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Entering 2025, the Xai official announced a more ambitious ecological blueprint. In addition to continuing to optimize Layer3 performance and introducing more game types, the focus will also be on expanding cross-chain and cross-platform collaborations, allowing players to freely navigate between different blockchains or exchange virtual assets for more real-world rights. The officials will collaborate with several major game developers to jointly develop blockbuster blockchain games and promote the on-chain transformation of traditional esports events. At the same time, the "Guild Economy" will also become a highlight of the next stage, allowing Sentry Key and Tiny Key holders to form exclusive guilds, sharing profits and glory. All of this will further solidify Xai's leading position in the game public chain sector, bringing more gameplay and benefits to global players.
$BTC Tech got a breather from U.S. tariffs—but not for long. Commerce Secretary Lutnick says smartphones, computers, and chips may face new duties within a month.
- Tariff exclusions granted Friday may be temporary - ASIC bitcoin miners still face regulatory uncertainty - New tariffs on semiconductors and devices under consideration