Crypto Reserves Surge by $14B in Forfeiture
A US federal court has unsealed an indictment against Chen Zhi, seeking to forfeit 127,271 $BTC worth $14.4 billion linked to a cryptocurrency fraud scheme. #Breaking #Legal $BTC
General category for all types of news related to the cryptocurrency world.
A US federal court has unsealed an indictment against Chen Zhi, seeking to forfeit 127,271 $BTC worth $14.4 billion linked to a cryptocurrency fraud scheme. #Breaking #Legal $BTC
@Bridge, acquired by @Stripe, applied for a national bank trust charter with the OCC to enhance its stablecoin services, joining a surge of issuers seeking federal oversight. #Update #Crypto $USDC
Circle partners with Safe to integrate $USDC into Safe’s onchain ecosystem, enhancing institutional storage and DeFi solutions for USDC custody. #Update #Crypto $USDC
California Governor Gavin Newsom signed SB 822, protecting unclaimed crypto from forced liquidation under the state’s Unclaimed Property Law, ensuring assets remain in their original form. #Update #Legal
Google’s Gemini aids crypto research by summarizing complex data and analyzing projects like $SOL, enhancing investor decision-making without replacing human insight. #Update #Crypto $SOL
Mantle ($MNT) surges 30% to $2.20, with trading volume up 60% to $1.2B and futures open interest rising 9%, indicating strong speculative demand. #Update #Crypto $MNT
@Hyperliquid is set to activate its HIP-3 network upgrade today, enabling permissionless Perp Market creation and potentially boosting demand for the $HYPE token. #Update #Crypto $HYPE
@Brevis has launched The Proving Grounds campaign to showcase zero-knowledge technology across 20+ blockchain protocols, allowing participants to earn Brevis Sparks for future token generation event eligibility. #Update #Crypto $ZK
@Citi plans to launch crypto custody services in 2026, allowing clients to store $BTC and $ETH. The service aims to support institutional investors’ access to digital assets. #Update #Crypto $BTC $ETH
California Governor Gavin Newsom signed new laws requiring social media and AI chatbot platforms to implement age verification and mental health safeguards for minors. #Update #Legal $USDC
@Hyperliquid will launch the HIP-3 update on October 13, 2025, allowing users to create perpetual futures markets by staking 500,000 $HYPE tokens. The token price increased post-announcement. #Update #Crypto $HYPE
$XLM surged 6% to $0.35 after institutional buying spiked, with 15 million tokens traded in a three-minute rally, signaling bullish sentiment post-selloff. #Update #Crypto $XLM
Researchers from Anthropic and others reveal that just 250 malicious documents can backdoor AI models, posing significant security challenges. #Update #AI
Crypto fundraising hit a record $3.5B across 28 rounds last week, led by blockchain services, amid Bitcoin’s peak at $126K before a market crash. #Update #Crypto $BTC