A new private club in Seoul with a KRW 1 billion annual fee reportedly excludes people who made money from cryptocurrency and those with many tattoos. Despite its high price, membership is selective and requires recommendations, aiming for a traditional, exclusive image.
WeatherlyAn Australian crypto billionaire was nearly kidnapped in Estonia by a gang posing as workers. He escaped by biting off one attacker’s finger, and the gang’s plan to steal his crypto failed.
AnaisThe founder of WhiteRock Finance was arrested in the UAE over his suspected role in a $30 million scam linked to the failed crypto project ZKasino. The news caused WhiteRock’s token to crash, as investigators revealed forged partnerships and missing investor funds.
WeatherlyA solo Bitcoin miner with a small setup managed to mine a full block and earn nearly $350,000, beating long odds of around 1 in 2,800. The win highlights that even with modest equipment, small miners can occasionally succeed in a space dominated by large industrial operations.
WeatherlyFTX has paused creditor payouts in 49 countries due to legal concerns about local crypto restrictions, with most frozen funds linked to users in China. Creditors must wait for legal approval before payments resume, and some are planning to challenge the freeze in court.
AnaisFrom January 2026, crypto traders in the UK must give personal details to platforms or face fines of up to £300. The new rules aim to stop tax evasion and will require both users and crypto companies to report more information to HMRC.
WeatherlyElon Musk launched a new political group called the America Party after clashing with the Trump administration over a major tax and spending law. Treasury Secretary Scott Bessent mocked Musk on live TV, calling him a "loser" and downplaying his influence in politics.
AnaisUAE regulators confirmed that staking Toncoin does not qualify anyone for a golden visa, denying claims made by The Open Network. They warned the public to ignore false offers and said crypto investments have no link to visa or residency rights.
WeatherlyDubai Land Department has partnered with Crypto.com to allow blockchain and crypto payments in real estate deals, including paying government fees with digital assets. The move supports Dubai’s 2033 vision to modernise its property sector, with plans to tokenise real estate and attract more global investors.
WeatherlyHong Kong will start issuing stablecoin licences from August under a new law, with only a small number expected to be approved by the end of 2025. The rules will allow only fiat-backed stablecoins and focus on safe, practical uses like cross-border payments.
Anais