Tag: web3

Pump and Dump Scam :UK Drug Gang Launches Memecoin to Launder Cash in

A UK-based drug gang has reportedly taken a bold new approach to laundering their illegal earnings—by creating a memecoin and using it for a classic pump and dump scheme.

British Drug Gang Launches Memecoin to Launder Money in Pump and Dump Scheme

According to an investigation reported by the Daily Mail, private investigator Gary Carroll, a drug crime specialist with a law enforcement background, uncovered the operation. The gang allegedly used proceeds from their drug business to hire developers and launch a fake cryptocurrency inspired by the notorious OneCoin scam.

Information Regarding Pump and Dump

Carroll stated that the coin’s value or technology wasn’t the point. The real plan was to drive hype online, lure unsuspecting buyers, and cash out fast. The gang paid to develop the token and then used the remaining funds to buy into it, planning to sell their holdings once the price rose due to social media buzz.

“They’re not interested in the tech. It’s about creating hype, getting people to buy in, and then dumping their supply for clean-looking money,” Carroll explained.

The operation was designed to make the drug money appear legitimate. If the coin price spiked—even briefly—the gang could dump their tokens and walk away with “clean” profits, leaving regular investors holding worthless coins.

This method, known as a pump and dump, is not new in financial scams, but Carroll emphasized that creating a brand-new memecoin for laundering purposes is a bold evolution in criminal tactics.

Historically, criminals have used major cryptocurrencies like Bitcoin for money laundering. However, due to stricter regulations and increased scrutiny, this route has become more difficult. In fact, in 2024, the UK’s National Crime Agency (NCA) cracked down on several international crypto laundering networks, including Moscow-based operations Smart and TGR.

This case highlights a growing trend where organized crime intersects with emerging technologies, pushing law enforcement to keep pace with increasingly creative financial crimes. This method of pump and dump has been done several times by influencers as well as celebrities and now criminals have also started using such method which is a sign for potential danger.

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Amazing :Spain to Launch Its First Bitcoin Master’s Program from April 28, 2025

Spain is making history in the crypto education space. Starting April 28, 2025, the University of the Hespérides will offer the country’s first master’s degree focused exclusively on Bitcoin.

Spain Launches First Bitcoin Master’s Degree This April

Bitcoin Masters Degree

The 10-month program is tailored for a wide audience — from investors and engineers to lawyers and entrepreneurs — and will be conducted entirely in Spanish. It carries 60 ECTS credits and aims to deliver a complete, in-depth understanding of Bitcoin from fundamentals to advanced concepts.

What sets this program apart is its strong practical component. Students will go beyond theory with hands-on workshops in self-custody, node operations, proof-of-work (PoW) mining, privacy techniques, and tax strategy planning. To support this, participants will receive a Blockstream Jade hardware wallet and a book authored by the program’s director, Álvaro D. María.

The teaching team features some of the most respected names in the space. Economist Juan Ramón Rallo and Álvaro D. María, author of The Philosophy of Bitcoin, will lead the academic portion. Industry professionals from Bitcoin-native firms like Jan3 and BTC Inc. are also involved, bringing real-world insights directly into the virtual classroom.

Beyond education, the program offers networking and career-building opportunities. It’s partnered with Bitcoin-focused companies to help graduates transition smoothly into industry roles.

While the standard program spans 10 months, a condensed 6-month postgraduate version will also be available. Admissions are selective and include application reviews and interviews. Though tuition fees are yet to be revealed, the university plans to offer flexible financing options.

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XRP & Pi Network Surge as Bitcoin Approaches Awesome $95K​

As BTC edges closer to the $95,000 mark, altcoins like XRP and Pi Network (PI) are experiencing significant price surges. XRP has seen a notable increase, with its price jumping by 12% on New Year’s Day, leading the altcoin rally . Similarly, Pi Network’s PI token has surged by 66%, reaching $83.28, ahead of its anticipated mainnet launch on February 20, 2025 .​

XRP & Pi Network Prices Rally as Bitcoin Nears $95K

Bitcoin

The bullish momentum in these altcoins is largely attributed to Bitcoin’s strong performance and the overall positive sentiment in the crypto market. Analysts suggest that if Bitcoin continues its upward trajectory, reaching milestones like $200K, XRP could potentially hit $12, marking a new all-time high .​

Pi Network’s upcoming transition to its Open Network phase is also fueling investor enthusiasm. The move will allow Pi tokens to become publicly accessible and tradable on crypto exchanges, a significant step for the project .​

Overall, the crypto market is witnessing a wave of optimism, with major tokens showing strong performances and investors keeping a close eye on Bitcoin’s next moves.

YOU MIGHT ALSO LIKE: Breaking ! Binance & Brazilian Cops Team Up to Recover $88M from Crypto-Phone Gang

Breaking ! Binance & Brazilian Cops Team Up to Recover $88M from Crypto-Phone Gang

Binance just helped local police in São Paulo pull off a major win. In a slick takedown called Operation Sleipnir, cops went after a gang stealing smartphones and draining people’s bank and crypto accounts.

Binance Helps Bust Phone Thieves in Brazil Using Blockchain Sleuthing

How’d they crack it? Binance stepped in with next-level blockchain tools to trace the stolen funds, helping police track down the gang and recover assets worth 260,000 Brazilian reals — including crypto, cash, stolen phones, and even jewelry.

Binance helps Brazilian Police

Brazilian prosecutor Lister Caldas Braga Filho gave it a big shoutout, calling their help “key” in this new wave of tech-driven crime fighting. And it’s Renato Bastos said it’s a big win for both crypto security and public-private teamwork.

This isn’t a one-off. In 2024 alone, Binance has responded to 65,000+ law enforcement requests, trained 1,300+ investigators, and helped recover $88 million in stolen assets across 80 countries.

In Brazil specifically, It is training police and prosecutors in cybercrime defense, proving it’s not just about trading coins — it’s about cleaning up the space.

Guilherme Nazar, Binance VP for Latin America, said the company is all in on making crypto safe and trustworthy for the long haul.

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Breaking ! MANTRA CEO Set to Burn $82M in OM Tokens After Mega Crash

Real ones stand up when stuff hits the fan.
John Patrick Mullin, founder of MANTRA, is doing just that — burning 150 million OM tokens (worth ~$82M) after the token crashed over 90% in a few hours, nuking $5B in market cap on April 13.

MANTRA Boss to Burn $82M in OM After $5B Meltdown

The burn on Mantra, happening April 29 after unstaking, is his way of saying: “We’re still building. We still care.” Mullin posted the announcement on X and said this move shows his “unwavering focus” on restoring faith in the ecosystem.

MANTRA

Token burns = supply goes down = maybe price goes up? That’s the hope.
And it doesn’t stop there — MANTRA’s talking with partners about doubling the burn to 300M OM, which would be 16.5% of the total supply.

He also made it very clear:

“There were no OM sales by the team during the crash.”
So yeah, they’re trying to clear the air.

A poll he posted on X got 81% YES from 8K+ votes to go full burn mode 🔥

Despite the big gesture, OM’s price only popped for a sec and is still down 4% today. But hey, sometimes it’s the comeback story that hits hardest.

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Breaking ! Elon Musk Roasts “Hot Girl” Crypto Scams Poseidon Approves

Elon Musk just roasted crypto scammers pretending to be “hot girls” in the most Elon way ever — with a meme of Poseidon and the caption:

Elon Musk Dunks on “Hot Girl” Crypto Scams with Poseidon Meme

Elon Musk

“There’s an old saying—if a hot girl texts you about crypto, block him.”

Yeah, it’s hilarious—but it hits hard too. These romance-style crypto scams are everywhere, and Elon Musk’s post is a reminder that if a random baddie slides into your DMs pitching crypto… it’s probs a he with bad WiFi and worse intentions.

And while we’re laughing, people are seriously losing life savings. Just this week, the BBC dropped a heartbreaking story about Rodrick Lodge, a 69-year-old man who lost £85K to a scammer he thought was his fiancée. She ghosted, the cash vanished, and he was left crushed.

Even legends like Ruja Ignatova (aka the “Crypto Queen”) scammed billions with personal trust-based schemes—though not romance, it’s the same manipulation playbook.

So yeah, Elon’s being Elon, but the message is:
Think twice before falling for love + crypto in the same text.

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Arthur Hayes: “Last Good Shot to Grab BTC Under $100K ”

Bitcoin just hit $87,700, its highest in 3 weeks—and Arthur Hayes is sounding the alarm: this might be your last chance to grab BTC before it smashes past $100K.

Arthur Hayes Says This Is the Last Chance to Buy BTC Below $100K

In a spicy X post, Hayes said upcoming U.S. Treasury buybacks could flood markets with fresh money. That = more fuel for risky assets like Bitcoin. He literally called it a “bazooka” for BTC.

Arthur Hayes

Others are backing him up. Real Vision’s Jamie Coutts is calling $132K BTC by the end of the year . Meanwhile, economist Timothy Peterson is even more hyped: $138K in 3 months? Wild.

Why the pump? A few reasons:

  • The U.S. dollar is falling, making Bitcoin look better
  • Gold is booming at $3.4K/oz, and Bitcoin is playing catch-up
  • Institutions from the UK and Japan are throwing $$$ into BTC
  • Possible Fed rate cuts in June could boost crypto even more

Still, not everyone’s 100% bullish. Analyst Michaël van de Poppe says weekend pumps can fake people out, and BTC has to break $91K for a real moon shot.

So… is this it? The final sub-$100K moment as per Arthur Hayes?

YOU MIGHT ALSO LIKE: XRP Might Be Set to Explode Coinbase Futures Could Spark 70% Pump!

XRP Might Be Set to Explode Coinbase Futures Could Spark 70% Pump!

XRP’s in the spotlight again, and this time the charts + vibes are straight fire. Analysts are calling for a 70% price pump, and it’s all lined up with Coinbase launching XRP futures today.

XRP Set for 70% Rally as Coinbase Futures Go Live Today

XRP live Valuation

At the moment, Ripple is trading around $2.12, still down from its $3.40 high, but bulls are circling back. The SEC case is in the rearview, and now with the CFTC-approved futures coming in, big money’s eyeing Ripple again.

Chart nerds say Ripple is forming a Wyckoff reaccumulation pattern—aka smart money is scooping up bags quietly. We just saw the “Spring” and “Test” phases, and XRP’s trying to jump across the Creek (yes, that’s a real term lol). If it does, $3.55 is the next big stop.

Also, there’s a falling wedge forming since Feb, and if Ripple can smash past $2.20-$2.40, analysts are seeing a breakout up to $4.00 or even $5.65 in June.

And don’t forget: BTC is in a similar wedge. If Bitcoin pops first, XRP might follow hard.

TL;DR: Charts are bullish, futures are coming, and the Ripple comeback szn might be just getting started.

YOU MIGHT ALSO LIKE: Michael Saylor Acquires Awesome 6,556 More Bitcoins, Total Holdings Soar to 538,200 BTC

Michael Saylor Acquires Awesome 6,556 More Bitcoins, Total Holdings Soar to 538,200 BTC

Yup, they did it again.
Saylor’s company just dropped $555.8 MILLION to grab 6,556 more BTC at an average price of $84,785 each 💸. That brings their stash to 538,200 Bitcoins. Like… that’s half a million+ BTC!

Michael Saylor’s Strategy Just Scooped 6,556 Bitcoins

And no, it’s not just vibes—Strategy says their Bitcoin stash has given them a 12.1% return so far in 2025

Michael Saylor

Michael Saylor’s game plan?
He’s riding the long-term wave . Bitcoin isn’t just a flex—it’s their treasury reserve. While others freak out over inflation and market chaos, Strategy just keeps stacking sats.

Saylor posted about the move on X (Twitter for the OGs) and basically doubled down on Bitcoin being the future.

Strategy has also reported a 12.1% BTC yield year-to-date (YTD) for 2025, underscoring the success of its ongoing strategy. Saylor’s conviction in Bitcoin stems from its perceived value as a hedge against inflation and a store of value amidst global economic uncertainty. His firm continues to accumulate BTC as part of a long-term treasury reserve strategy that shows no sign of slowing down.

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Pakistan’s Crypto Revolution: Finance Minister Vows to Build Web3 Future

Pakistan is officially stepping into the Web3 world—and it’s not looking back.

Pakistan Vows to Keep “Building in Crypto,” Says National Crypto Council Head

In a bold new video statement, Finance Minister and Crypto Council head Bilal Bin Saqib declared, “Pakistan will keep building in crypto.” The phrase, made popular in the blockchain world by Binance’s CZ, signals The nation’s full-speed commitment to the crypto space.

Bilal says the country is working on turning excess electricity—a long-time national liability—into “digital gold” through sustainable Bitcoin mining. He also revealed plans to build a crypto-friendly framework that doesn’t kill innovation but encourages it.

Pakistan Ministry of Finance

He called the launch of the National Crypto Council a “sign of change,” showing that the government is serious about Web3. The council, officially launched on March 14, is tasked with regulating digital assets and encouraging crypto entrepreneurship across the country.

Bilal outlined future goals: blockchain hubs at universities, open calls to the global Pakistani developer community, and policies designed around youth potential and economic realities.

And the nation isn’t doing it alone—Bin Saqib recently joined Donald Trump’s World Liberty Financial as a strategic advisor. Also on board? Binance’s CZ, now advising the council directly.

Pakistan’s message is clear: it’s done waiting—and it’s ready to build.

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