📢#CryptoNewsfrom Asia this week:

1️⃣ **"Point Running" scam in China**:

- People lose money transferring crypto through multiple accounts with promises of high returns.

- Victims are often newbies, tricked into acting as "money launderers" for illegal activities.

- Warning from the Public Security Bureau: Beware of promises of easy returns! 💸

2️⃣ **Indodax hacked, launches Instagram campaign**:

- Lost $22 million in the September 11 hack.

- Launched a campaign to give away 3 million rupiah per hour to appease customers.

- Investigation is still ongoing, users await results.

3️⃣ **"Pig Butchering" scams on the rise in Southeast Asia**:

- Romance scams, $3.2 million in August.

- Focused on Cambodia, Myanmar, Philippines, linked to human trafficking.

- Crypto is often laundered through Huione Pay.

4️⃣ **Blockchain in education in the Philippines**:

- Philippine Science High School adopts blockchain to manage student records.

- New system for quick, secure and convenient access to records.

- Pilot in late 2024, widely deployed in 2025.

💬 What do you think about this news? Share your opinion in the comments section! 👇