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Tom Lee Says Crypto Not Keeping Up With Improving Fundamentals, Sees Precious Metals ‘Sucking the Oxygen’ out of the Room

Fundstrat Global Advisors managing partner Tom Lee says cryptocurrency prices are failing to reflect improving industry fundamentals as strong moves in gold and silver divert investor attention and capital. Speaking on CNBC’s Power Lunch, Lee says the crypto sector continues to feel the effects of a major deleveraging event that occurred on October 10, which he says “crippled many of the key players in the industry,” including exchanges and market makers. That sell-off wa...

Fraudster Extracts $500,000 Life Savings of Man Looking To Retire in Pig Butchering Scheme – ‘They Keep You So Engaged’: Report

An elderly man from Santa Rosa, California looking to retire has reportedly lost his life savings after falling victim to a pig-butchering scam. According to a recent report from The Star, a 70-year-old man who wishes to remain anonymous lost his life savings of $500,000 after becoming the victim of a months-long pig-butchering scam. Pig-butchering schemes are when bad actors “fatten up” a victim by pretending to have an intimate relationship with them as a me...

SEC drops fraud case against BitClout founder Nader ‘Diamondhands’ Al-Naji

The SEC's dismissal may embolden blockchain innovators but raises concerns about regulatory clarity and investor protection in decentralized finance. The post SEC drops fraud case against BitClout founder Nader ‘Diamondhands’ Al-Naji appeared first on Crypto Briefing.

CFTC Issues Guidance That Could Ignite Massive Prediction Markets Expansion

U.S. regulators move to rein in fast-growing prediction markets as event-based derivatives gain traction, with the CFTC warning exchanges to strengthen surveillance, prevent manipulation, and ensure new contracts tied to real-world outcomes meet federal trading rules. CFTC Issues New...