MIT Brothers on Trial for $25M Crypto Theft Case.
Two brothers from the Massachusetts Institute of Technology are standing trial in Manhattan federal court this week, accused of pulling off a $25 million cryptocurrency theft. According to a report…
US Files Largest Crypto Forfeiture Action: $15B in Bitcoin.
The Department of Justice (DOJ) today announced a civil forfeiture action against Chen Zhi, the founder and chairman of the Prince Holding Group, for approximately $15 billion in Bitcoin, currently…
SBF Claims Biden Administration Targeted Him Over GOP Donations.
Sam Bankman-Fried, or SBF, the convicted founder of the fallen crypto exchange FTX, has claimed the Biden administration targeted him as he shifted his political donations to the Republican Party,…
US Government Moves $75M in Bitcoin, Sparks Speculation
The U.S. government has transferred $75 million worth of Bitcoin (BTC) to a new wallet. The transaction involved 667.6 BTC sent to an address having no history of activity. Even…
California Signs Bill to Protect Unclaimed Crypto from Liquidation.
California Governor Gavin Newsom signed Senate Bill No. 822, making it the first U.S. state to protect unclaimed crypto from being automatically sold off. The new law ensures that digital…
Bhutan Migrates Its National ID System from Polygon to Ethereum.
Bhutan is migrating its self-sovereign national ID system from Polygon to Ethereum. This move will allow nearly 800,000 Bhutanese citizens to verify their identities and access government services using Ethereum’s…
Binance’s $39M in Charity Funds Remain Unclaimed in Malta.
Coinbase’s Head of Product Business Operations at Coinbase, Conor Grogan, said that about $200,000 worth of BNB tokens given to a Maltese government charity fund for terminally ill cancer patients…
Crypto Victim Loses $209K in WBTC and tBTC in Phishing Scam.
A crypto user lost a total of $209,816 worth of WBTC and tBTC after signing malicious “permit” and “increaseApproval” signatures, according to Scam Sniffer. The victim, identified as 0x4a..a27f, fell…
BNB Surges to New All-time High After Massive Crypto Market Crash.
Binance Coin (BNB) staged a strong recovery on Monday, October 13, rebounding 16% in the last 24 hours to a new all-time high of $1,370 just after a massive market…
These AI Altcoins Are Leading The Crypto Market Recovery.
Around $300 billion has returned to spot crypto markets on Monday morning after overleveraged whales caused a massive meltdown over the weekend. Bitcoin and Ether have both recovered back to…