Bitcoin Fraud: UK to Repay $7B Losses
Prosecutors plan to compensate victims of Zhimin Qian’s $6.8B Bitcoin fraud, despite UK government initially intending to retain the funds. #Breaking #Legal
Prosecutors plan to compensate victims of Zhimin Qian’s $6.8B Bitcoin fraud, despite UK government initially intending to retain the funds. #Breaking #Legal
BitcoinOG closes $197M short, transfers $89M USDC to Binance, sparking speculation of new positions as $BTC stabilizes around $112,500. #Update #Crypto $BTC
Sony Bank, part of @Sony Group, files for a U.S. national banking charter to offer stablecoin and custody services, signaling a fintech expansion. #Update #Finance
Kraken offers over 100 derivative markets, appealing to both individual and institutional investors with solid security features. #Update #Crypto
Gold reached a record high of over $4,200 per ounce amid rising demand from retail buyers and central banks, while Bitcoin’s price fell 8.8% following a market crash. #Update #Crypto $BTC
Coinbase launched “The Blue Carpet,” a new asset-listing program, and added $BNB to its roadmap, indicating a shift in strategy amid recent critiques of its listing practices. #Update #Crypto $BNB
Erebor gains a conditional federal charter, joining Anchorage Digital as the second crypto-focused bank under the Trump administration, potentially impacting stablecoin issuance. #Update #Crypto
Bitcoin stabilizes below $115,000 after flash crash; 72 companies hold over 1M BTC, valued at $117B. Institutional demand remains strong, reinforcing Bitcoin’s macro trend. #Update #Crypto $BTC
Erebor Bank, backed by Palmer Luckey and Peter Thiel, gains U.S. regulatory approval for crypto-friendly banking. #Update #Crypto
Sony Bank, majority-owned by Sony, seeks an OCC national trust bank charter to issue and manage stablecoins in the US, marking its entry into the digital asset market. #Update #Stablecoin
@AntGroup launched Jovay, a Layer-2 blockchain on Ethereum for real-world asset integration, targeting 100,000 TPS. This could onboard 1.4B Alipay users into decentralized finance. #Update #Crypto $ETH
@Webus has announced plans to integrate $XRP settlement into a tokenized travel rewards exchange, targeting the $20 billion loyalty market. The initiative aims for instant, borderless reward redemptions. #Update #Crypto $XRP
@EVAA protocol surpasses $1.4B in transaction volume with 300K active wallets; launching EVAA token and DAO for community governance within Telegram #Update #Crypto $TON
Bitcoin ($BTC) is down 4.3% in October despite a historical average gain of 20%. Institutional inflows into Bitcoin ETFs reached nearly $5 billion, hinting at potential recovery. #Update #Crypto $BTC