SoFi launches bank-issued stablecoin for nearly 15M app users
SoFiUSD launches in SoFi app for 14.7M members, with Ethereum, Solana, tokenized deposits, Bullish and 24/7 transfers next for users in May.
Crypto News·

South Korea charges CATFI operators in its first DEX rug pull arrest after a Solana meme coin scheme caused $260k in illegal gains.
Read full articleSoFiUSD launches in SoFi app for 14.7M members, with Ethereum, Solana, tokenized deposits, Bullish and 24/7 transfers next for users in May.
The incident heightens geopolitical tensions, potentially impacting global oil markets and shipping security in the strategic Hormuz region. The post South Korea probe finds Iranian-made missiles likely hit ship in Strait of Hormuz appeared first on Crypto Briefing.
South Korean prosecutors charge 5 people in a CATFI memecoin rug pull case. About 256 investors lost roughly $650K after the CATFI token crashed. CATFI token surged 1,000x before liquidity was drained and the price collapsed. South Korean prosecutors have arrested and charged a group of individuals linked to the Solana-based CATFI memecoin over an […] The post South Korea makes first DEX rug-pull arrests in Solana CATFI case appeared first on CoinJournal.
The incident heightens geopolitical tensions, potentially impacting global oil markets and shipping security in the strategic Hormuz region. The post South Korea probe finds Iranian-made missiles likely hit ship in Hormuz appeared first on Crypto Briefing.
South Korean prosecutors reportedly charged a group over the CATFI memecoin rug pull, marking the country’s first DEX rug-pull case under crypto law.
South Korean prosecutors have indicted five individuals in the country’s first-ever criminal prosecution of a decentralized exchange rug pull — and the first case in which fraudulent trading charges under South Korea’s Virtual Asset User Protection Act have been applied, setting a landmark legal precedent for how the country’s crypto enforcement framework handles DEX-based market […]
Sharplink and Forward Industries are set to enter the Russell 2000 and Russell 3000 indexes on June 29. The additions could raise institutional visibility for two public companies built around large ethereum and solana treasury strategies. Crypto Treasury Firms Go Mainstream With Russell Index Inclusion Sharplink Gaming is set to join the Russell 2000 and […]
South Korea crypto trading falls to 8% of KOSPI volume as stocks rise, exchange activity slows and Bitcoin trades at a local discount.