Bitcoin Strike Force Targets China Scams
The DOJ launches Scam Center Strike Force to combat $135B crypto scams linked to Chinese networks, seizing $480M stolen crypto. #Breaking #Legal @TheJusticeDept
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Bitcoin Holdings Hit Record as Buying Slows
Corporate Bitcoin holdings reached a record 4.05 million BTC, despite the smallest monthly increase of 14,447 BTC in October. Companies sold only 39 BTC, indicating consolidation trends. #Update #Crypto $BTC
Zcash Treasury Launches with Winklevoss Support
Leap Therapeutics rebrands to Cypherpunk Technologies, acquiring 203,775 ZEC tokens for $50M, pivoting to digital assets with Winklevoss Capital’s $58.88M backing. #Breaking #Crypto $ZEC
AI Recreates McConaughey Caine Voices
Matthew McConaughey and Michael Caine partner with AI audio startup @ElevenLabs to replicate their voices, amid Hollywood’s ongoing resistance to AI technology. #Update #Tech
XRP Advocate John Deaton Launches Senate Bid
Pro-XRP lawyer John Deaton announces a 2026 U.S. Senate run against Sen. Ed Markey, accepting crypto donations but not focusing on crypto policy. #Update #Legal
XRP ETF Launches After SEC Filing
Canary Capital’s proposed XRP ETF may start trading on Nasdaq this week after filing an 8-A form with the SEC, following Rex-Osprey’s successful launch. #Update #Crypto $XRP
Character AI Quit Posts Surge on X
Character.AI faces user backlash as viral deletion prompt leads to mass account deletions amid addiction concerns and mounting lawsuits. #Update #Tech
Coinbase Drops $2B Stablecoin Acquisition
Coinbase ends $2B acquisition talks with stablecoin startup BVNK; both parties mutually agreed not to proceed. BVNK previously raised $50M last December. Crypto
Bitcoin Ethereum SoFi Launches Crypto Trading
SoFi reintroduces crypto trading with Bitcoin, Ethereum, Solana, and more via its federally registered platform, allowing purchases directly from checking or savings accounts. #Update #Crypto $BTC
Bitcoin Theft Allegation US Stole $13.2B
Chinese cybersecurity agency CVERC accuses U.S. of unlawfully seizing $13.2B in Bitcoin from a 2020 hack, claiming it wasn’t criminal proceeds. #Breaking #Crypto $BTC
SoftBank Sells $5.8B Nvidia Stake
SoftBank sold its entire Nvidia stake for $5.83 billion to fund a $40 billion investment in OpenAI, despite the latter’s mounting losses and CEO scrutiny. #Update #Business
Bitcoin Spot Trading Under CFTC Control
Senate Agriculture leaders propose granting the CFTC authority over crypto spot markets, requiring registration and protecting self-custody rights. Draft seeks feedback on DeFi oversight. #Update #Crypto
Bitcoin Diversification Surges Among Institutions
Institutional investors are increasing crypto allocations, with 80% viewing $BTC as a viable reserve amid fiat concerns; regulatory uncertainty is the main barrier. #Update #Crypto $BTC
Ethereum Spot Orders Signal Institutional Surge
Ethereum whales increased their holdings by 52% since April, signaling potential trend reversal amid macro stability and Fusaka upgrade. $ETH trades at $3,560. #Update #Crypto $ETH