Hot right now
Trump presses Senate to scrap filibuster as shutdown hits 36 days
Trump presses Senate to scrap filibuster as shutdown hits 36 days at a White House breakfast on Wednesday, Nov. 5, 2025.
Featured
Recommended
Сrypto news
Latest
North Carolina authorities recovered nearly $5 million in cryptocurrency that was stolen in the “Pig Butchering” scam. This fraud technique involves gradually "fattening up" the victim, allowing them to earn small amounts initially, which encourages further investments. 
The Australian Securities and Investments Commission (ASIC) won a legal battle against Bit Trade Pty, the local operator of the Kraken exchange. The court found that the company violated regulations by offering margin trading services to Australian clients without the necessary registration since 2021. 
Blake Benthall asserts that the U.S. government needs to collaborate more closely with cryptocurrency companies to create effective regulations and ensure compliance with the law. He believes that some officials advocate for strict measures due to their misunderstanding of new technologies. 
YouTube launched an AI-based chatbot aimed at assisting content creators in regaining control of their accounts if they’ve been compromised. For now, it’s available to a select group of users, but the developers intend to make it accessible to everyone. The Life and Disappearance of Mike Lynch
Tech magnate Mike Lynch, dubbed the “British Bill Gates,” went missing after the superyacht Bayesian, moored (!) off the coast of Sicily, sank during a freak storm on August 19, 2024. As we await potential rescue efforts for one of the UK's leading business figures, let’s examine the events preceding this mysterious incident. WindBorn: The AI-Powered Hurricane Hunter
Neural networks have revolutionized weather forecasting. For example, the accuracy of three-day forecasts has nearly reached 100% in recent years. Yet, long-term forecasting still lacks this precision. This challenge is being tackled by WindBorne Systems Inc., a startup that has upgraded relevant equipment and integrated AI. 
The developers behind Procreate, an iPad application designed for digital graphics, have declared their opposition to generative artificial intelligence. They have made it clear that this technology will never be integrated into their platform, citing ideological differences. However, they acknowledge the positive aspects of machine learning. 
Since the start of 2023, the Australian financial regulator (ASIC) has closed over 7,300 fraudulent investment websites and schemes, including 615 cryptocurrency projects. Fake investments continue to be a major issue, with Australians losing over $1.3 billion to such scams in the past year. 
Kain Warwick: The Anti-Authoritarian DeFi Founder
Kain Warwick is a pioneer DeFi founder who’s always been against authoritarian regimes. In 2018, Warwick founded Synthetix (formerly Havven), a platform that allows users to trade tokens that mirror the prices of other assets, including gold, stocks, and traditional currencies. 
The UK government is set to convince financial firm Revolut, which also offers cryptocurrency services, to conduct its initial public offering (IPO) in London rather than New York. City Minister Tulip Siddiq plans to meet with company representatives this fall to discuss the proposal. 
San Francisco's law enforcement has filed a lawsuit aimed at shutting down 16 websites that use artificial intelligence to turn photos of real women into nonconsensual images. Such services have recently gained popularity among both teenagers and adults. 
Zhang Moumou, the mastermind behind a $14 billion crypto pyramid scheme, has been extradited from Thailand to China. This event marks the first successful extradition of an economic crime suspect between the two countries since the two countries signed the extradition treaty in 1999. 
Sony Block Solutions Labs, a collaborative venture between Sony Group and Startale, announced the launch of a new public L2 blockchain named Soneium, built on Optimism's OP Stack. This blockchain will be a part of the Superchain ecosystem. The testnet is set to be released in the upcoming days, with Sota Watanabe leading the project. 
A growing number of Ethereum users are turning to private transactions, which now make up approximately 30% of all activities on the blockchain. The gas consumption for these private operations has surged to 50% of the total network usage. This trend is driven by the desire to avoid MEV trading bots, which capture transactions for rapid profit. 
What Are VC-Backed Tokens: The Role of Large Crypto Investors
Funding has a decisive role in crypto. Projects need capital for development, user experience design, testing, and other purposes. The sale of a native cryptocurrency is a common way to raise funds. In the case of VC-backed tokens, large investors access a portion of the token’s total supply before the public launch. 
According to the Financial Supervisory Service (FSS), the average annual salary for employees and executives at the South Korean cryptocurrency exchange Upbit now exceeds that of employees at the country’s major banks: $99,500 compared to $86,700. This marks a 124% increase over the past year. 
The Colorado House of Prayer has issued tokens to fund the purchase of a 19th-century stone church building, valued at $2.5 million, which their congregation has rented since 2022. This fundraising initiative is spearheaded by Pastor Blake Bush, known for his keen interest in cryptocurrencies, including investments in Ripple (XRP). 
Cryptocurrency Regulations in New Zealand
Cryptocurrency regulation in New Zealand is continuously evolving. Although digital assets are not officially recognized as a form of payment, they are acknowledged as property under tax and financial laws. The nation is actively working towards establishing a clear and secure framework for the digital industry. 
Never miss any of the latest cryptocurrency news, in-depth crypto market analysis, and breaking updates on blockchain technology. From Bitcoin price trends to emerging NFT projects and DeFi developments, GNcrypto has everything to keep you informed and ahead. Stay informed and ready to seize the next big opportunity in the crypto world!