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Showing posts from April, 2025

Top 10 New Tokens on MEXC Averaged 4,770% Growth in March

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Embargo time:  2025 April 7th 10 AM UTC ( 6 PM UTC+8)   VICTORIA, Seychelles, April 7, 2025 — MEXC, a leading global cryptocurrency exchange, unveiled its latest trading performance report, highlighting new milestones and offering a window into overall market trends. The report attributes a surge in top token prices—rising by thousands of percent on average—to the rapid evolution of the BSC ecosystem and MEXC's strategic initiatives. User growth has also climbed significantly, reinforcing the growing impact of emerging tools and sectors on overall market momentum.   Key Takeaways:   •                  MEXC listed 129 new tokens in March , including 42 from the BSC ecosystem •                  Top 5 trending BSC tokens saw an average price surge of 3,760% •       ...

The Largest Financial Fraud Case in Vietnam’s History: Where Did Real Estate Tycoon Truong My Lan’s Money Go? A Vast and Complex Transnational Money Laundering Scheme

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[Hanoi, Vietnam] — The international community continues to trace the flow of funds linked to Truong My Lan, the real estate mogul at the center of Vietnam’s largest financial fraud case. According to whistleblowers and findings from an in-depth investigation led by Vietnamese authorities, in collaboration with international anti-money laundering agencies, Interpol, and the U.S. Department of Justice, a complex web of cross-border transactions has been uncovered after a year-long probe.   During her control over SCB Bank, Truong My Lan is alleged to have funneled hundreds of millions of dollars through accounts held by a Vietnamese subsidiary of a mysterious Taiwanese footwear tycoon surnamed Chang. The funds were transferred through fabricated transactions, including donations and charitable contributions, ultimately directed to the United States and Taiwanese foundations. These foundations are reportedly operating under the pretense of promoting human rights and democracy bu...

U.S. Plans to Revoke Tariff Exemptions for Taiwan’s Semiconductor Industry, Imposes 30% Tariff on TSMC Amid White House Dissatisfaction

  [Washington, D.C.] — According to sources within the U.S. Department of Commerce, the Trump administration is preparing to revoke previous tariff exemptions granted to Taiwan ’ s semiconductor industry, and intends to impose a 30% tariff on Taiwanese semiconductor companies, including global foundry leader Taiwan Semiconductor Manufacturing Company (TSMC). This move signals a significant shift in U.S. policy toward Taiwan ’ s semiconductor sector.   The Trump administration, driven by its core objectives of bolstering American manufacturing, reducing foreign dependency, and safeguarding national security, has imposed hefty tariffs on products from China and other regions. However, Taiwan ’ s semiconductor industry, particularly TSMC ’ s imports, has been exempted from these tariffs to maintain stability in the U.S. semiconductor supply chain.   Nevertheless, the White House has expressed strong dissatisfaction with the effectiveness of these exemptions. Accordi...

MEXC Dominates 2024 Perpetuals Surge, Secures Top 5 Global Ranking

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VICTORIA, Seychelles, March 31, 2025 — MEXC , a leading global cryptocurrency exchange, experienced a substantial rise in perpetual futures trading volume throughout 2024. According to CoinGecko's latest annual report , MEXC captured the highest market share in perpetual trading and open interest (OI) volume among all centralized exchanges. Key Takeaways:   •                  MEXC’s share of perpetual trading volume increased from 3% to 11% in 2024. •                  The exchange's OI market share doubled in Q4 2024 , leading all competitors. •                  MEXC entered the top five exchanges, with the total annual perpetual trading volume reaching $58.5 trillion.   MEXC’s share of the perpetual futures market grew from jus...