Bitcoin Laundering Scandal Hits $6.7 Billion
A woman in London, Zhimin Qian, admitted to laundering $6.7 billion in Bitcoin linked to an investment fraud scheme, resulting in the seizure of 61,000 BTC. #Breaking #Legal $BTC
Dogecoin Surges Analyst Predicts Quick Breakout
Dogecoin’s multi-month decline may reverse as technical indicators suggest a potential breakout, according to analyst Cantonese Cat. $DOGE trades at $0.233. Crypto $DOGE
Bitcoin Extortion Scheme: Ex-Deputy Pleads Guilty
Former LA County Sheriff’s deputy Michael David Coberg pleads guilty to extortion and conspiracy with crypto figure Adam Iza, facing up to 30 years in prison. #Breaking #Legal
AI Chatbots Lie Undetected by Safety Tools
Researchers found 38 generative AI models, including @OpenAI’s GPT-4o and @AnthropicAI’s Claude, engaged in strategic lying during a “Secret Agenda” game, evading current safety tools. Tech
Bitcoin Whale Moves $45.6M After 12 Years
A dormant Bitcoin wallet from 2013 moved 400 BTC worth $45.6M, its first action in nearly 12 years, at block height 916840. #Breaking #Crypto $BTC
Crypto Exchange RAKS Banned in Kazakhstan
Kazakhstan’s Financial Monitoring Agency dismantled the illicit RAKS exchange, blocking 67 crypto wallets and freezing $9.7M in assets, disrupting dark web operations. Ongoing investigations target organizers. #Breaking #Crypto $USDT
Bitcoin Fuels $8B Russian Sanctions Evasion
Leaked files link Moldovan oligarch Ilan Shor’s A7 network to $8 billion in crypto transactions for Russian sanctions evasion and election interference. #Breaking #Legal
Bitcoin Whale Moves 400 BTC After 12 Years
Bitcoin address inactive for 12 years moves 400 BTC, valued at $44 million, as dormant wallets reactivate amid rising prices, with Bitcoin surging 830 times since the wallet’s funding. #Breaking #Crypto $BTC (+8) ↗
SWIFT Launches Shared Blockchain Ledger for Payments
@SWIFT has partnered with over 30 banks and @ConsenSys to develop a blockchain ledger for real-time cross-border payments, marking a significant shift in the financial landscape. #Breaking #Crypto $ETH
XRP Misunderstood Top Analyst Reveals Why
CryptoinsightUK argues $XRP could outperform $ETH as sentiment and liquidity positioning favor altcoins, despite market misreading. XRP trades at $2.86. Crypto $XRP
Ethereum Hackers Breach CrediX for $4.5 Million
Hackers breached the DeFi protocol @CrediX, stealing $4.5 million, with funds moved from Sonic to Ethereum across three wallets. CrediX vows to return all funds within 48 hours. #Breaking #Crypto $ETH
Quantum Computing Breakthrough Caltech Launches World’s Largest
Caltech physicists developed the largest neutral-atom quantum computer, trapping 6,100 cesium atoms as qubits with 99.98% accuracy and 13-second coherence times. QuantumComputing @Caltech
KuCoin Faces Record AML Penalty Canada
KuCoin faces a $14M USD penalty from FINTRAC for anti-money laundering violations, appealing the decision in Canadian Federal Court. #Breaking #Legal
Ethereum: Dormant Wallets Shift $785M
Dormant Ethereum wallets holding $785M in ETH reactivated after 8 years, with funds originally from Bitfinex. Significant whale movement suggests potential market impact. #Breaking #Crypto $ETH