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Crypto laundering ring busted in Hong Kong after HK$118M moved through fake accounts and exchanges Mong Kok office

Crypto laundering ring busted in Hong Kong after HK$118M moved through fake accounts and exchanges

BY OxiFinance May 18, 2025

Hong Kong police have cracked down on a major crypto laundering ring involving HK$118 million, arresting 12 individuals tied to a cross-border fraud operation. The suspects, aged between 20 and 42, i…

Donald Trump criticizes Jerome Powell, says Fed is too slow on rate cuts US economy

Donald Trump criticizes Jerome Powell, says Fed is too slow on rate cuts

BY OxiFinance May 18, 2025

Donald Trump has renewed his criticism of Federal Reserve Chair Jerome Powell, accusing him of being too slow to act on interest rate cuts. In a post on Truth Social, Trump referred to Powell as &quo…

Fidelity macro chief proposes 4:1 gold-to-Bitcoin mix as Sharpe ratios converge store of value

Fidelity macro chief proposes 4:1 gold-to-Bitcoin mix as Sharpe ratios converge

BY OxiFinance May 16, 2025

Fidelity Investments’ Director of Global Macro, Jurrien Timmer, has recommended a 4:1 allocation ratio of gold to Bitcoin for store-of-value investors, citing a convergence in their risk-adjusted ret…

Basel Medical to acquire $1B in Bitcoin via share-swap to bolster treasury and Asia healthcare push share-swap

Basel Medical to acquire $1B in Bitcoin via share-swap to bolster treasury and Asia healthcare push

BY OxiFinance May 16, 2025

Basel Medical Group Ltd (Nasdaq: BMGL) has entered exclusive negotiations to acquire $1 billion worth of Bitcoin through a strategic share-swap agreement. The move marks a significant pivot in the co…

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