Nigerian crypto star out on bail following police detention

Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the countrys growing cryptocurrency sector.

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Singapore ups crypto exchanges risk factor in update to AML/CFT laws

The update aims to prevent terrorist groups and organizations from exploiting Singapores economic openness as an international financial, business and transport hub.

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Cyprus calls for collective crackdown on crypto terror financing

The alert serves as a reminder of the critical role financial professionals play as gatekeepers in the fight against financial crime.

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Celebrity memecoin promoter Sahil Arora banned by X

Despite mounting scam allegations and social media bans, Arora continues to promote celebrity memecoins and partnerships.

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Nigeria urged to adopt crypto regulations inspired by Europe

Nigerian data and policy analyst Obinna Uzoije noted that a unified regulatory framework for all ECOWAS member states would offer potential crypto investors much-needed clarity.

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Apple holds back AI releases in EU due to Digital Markets rules

Hundreds of millions of people will be denied access to new Apple features.

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OKX Addresses Password Error Issues in Wallet Login

OKX details solutions to resolve password errors encountered by users during wallet login, emphasizing security enhancements. (Read More)

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Mirror World CEO on building Solana game engine after $12M raise

The firm currently develops Solanas only SDK designed to onboard GameFi developers to the blockchain.

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Solana gaming studio Mirror World raises $12M in funding

The firms Sonic protocol, launched in March, is the first gaming rollup on Solana that allows developers to create SVM chains for their GameFi projects.

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Iggy Azaleas MOTHER memecoin triumphs over scandal-ridden IGGY

The Aussie artist launched her own memecoin as she distanced herself from the scandal-tainted project bearing her name.

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Iggy Azalea distances herself from alleged scammer's $300K memecoin

Azalea joins a growing list of celebrities unveiling ties to alleged serial scammer Sahil Arora as a project with the artists name nets $300,000 in presale.

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Hacker identified in celebrity memecoin scams, says crypto sleuth Roxo

A person associated with Caitlyn Jenners JENNER coin launch rugged five other prominent figures, but not her, according to Roxo.

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Linea Transitions from Mirror to Paragraph for Blog and Newsletter

Linea is transitioning its blog and newsletter from the Mirror platform to Paragraph due to Mirror's deprecation, ensuring continuity of updates and news. (Read More)

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Crypto News You May Have Missed This Week | May 03, 2025

Here is a roundup of the top crypto stories you may have missed.

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Chainalysis will help Tether monitor secondary market for illicit activity

The blockchain analytics firm will provide tools to spot sanctioned and illicit activity and provide market information.

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Binance exec denied bail in Nigeria money laundering trial

Head prosecutor Ekele Iheanacho objected to bail by highlighting Gambaryans questionable attempt to get a new passport, allegedly due to a stolen previous one.

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Bitcoin Plummeted Below $80K while Stocks Mirror 1987 Black Monday Decline

Bitcoin’s value has plummeted below $80,000, causing concern among investors. This drop in price is reminiscent of the stock market crash of 1987, known as Black Monday. The cryptocurrency market is experiencing significant fluctuations, with Bitcoin leading the way in terms of volatility. Investors are closely monitoring the situation as fear of a potential market [...]

The post Bitcoin Plummeted Below $80K while Stocks Mirror 1987 Black Monday Decline appeared first on Crypto Breaking News.

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Bitcoin Plummets Towards $80K & Forms Death Cross While US Stocks Mirror 2020 COVID-19 Crash

Bitcoin’s price had a significant drop recently, falling towards the $80,000 mark as it formed a death cross pattern, triggering concerns among investors. This coincided with a similar trend seen in US stock markets, reminiscent of the crash experienced in 2020 during the onset of the COVID-19 pandemic. The cryptocurrency market has been experiencing heightened [...]

The post Bitcoin Plummets Towards $80K & Forms ‘Death Cross’ While US Stocks Mirror 2020 COVID-19 Crash appeared first on Crypto Breaking News.

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EU Proposes Cap on Anonymous Crypto Transfers

The European Union is proposing a 1,000 euro cap on anonymous crypto transfers to combat money laundering and terrorist financing. The limit would apply to transfers when a customer cannot be identified, and the proposal also caps cash transactions at 7,000 euros. The Anti-Money Laundering and Countering the Financing of Terrorism package is expected to be confirmed in April. (Read More)

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US Department of Justice Seizes Hamas Cryptocurrency Meant for Financing Terrorism

The US Department of Justice has confiscated $201,000 of cryptocurrency linked to Hamas terrorist financing. This seizure marks a significant milestone in the government’s efforts to crack down on illicit activities using digital assets. The funds were believed to be used to support terrorist activities and were traced back to a known Hamas-affiliated cryptocurrency exchange. [...]

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