Authorities confiscate $15 billion in cryptocurrency linked to a scheme involving forced labor camps.
Federal prosecutors have confiscated $15 billion in cryptocurrencies as part of an investment scheme referred to as “pig butchering.” Authorities claim this scheme has ties to forced labor camps in Cambodia. The Justice Department noted that this case marks the largest forfeiture in its history. An indictment was unsealed recently, charging Cheng Jie, a Chinese […]
Observe These Bitcoin Price Points as Cryptocurrency Recovers From the Decline
Bitcoin’s Recent Price Movement Bitcoin recently bounced back from a sharp drop on Friday night, which briefly pushed the cryptocurrency below the closely monitored $110,000 mark. However, it’s still significantly below its peak of approximately $126,000 from just a week ago. After hitting a new record high that exceeded its three-month trading range, Bitcoin’s price […]
Cryptocurrency market collapse loses billions in sudden one-day drop
Crypto Market Turmoil and Coinbase’s Value Dip Terry Duffy, Chairman and CEO of CME Group, commented on the steep decline in Coinbase’s value, which has halved in just a week. This situation has come amid significant volatility in cryptocurrency markets. Recently, these markets faced a significant downturn after a sudden drop in value, described by […]
Cryptocurrency invested millions to oppose Sherrod Brown and support allies. It’s prepared to do it again in 2026.
Crypto Industry Celebrates Legislative Progress COLUMBUS, Ohio — At an upscale resort in Jackson Hole, Wyoming, the cryptocurrency community was marking a pivotal moment in its relationship with lawmakers. Their legislative goals are advancing through Congress at an unexpected pace. During a panel discussion in August, Senator Tim Scott, who leads the Senate Banking, Housing […]
Jiuzi Holdings, Inc. Reveals Gradual Implementation of $1 Billion Cryptocurrency Acquisition Strategy; Initial Bitcoin Purchase Expected in Two Weeks
Jiuzi Holdings Announces $1 Billion Capital Plan Hangzhou, China, October 8, 2025 – Jiuzi Holdings, Inc. (NASDAQ: JZXN) has shared further details about its earlier announced capital plan, which involves raising $1 billion. The company plans to do this by engaging with market investors through a continuous purchasing program. Following the initial announcement, the company […]
Major cryptocurrency agency in a tough spot after White House withdraws nominee
The recent decision by the White House to seek a new leader for the Commodity Futures Trading Commission (CFTC) puts financial regulators in a tricky spot. Currently, only one commissioner remains to navigate President Trump’s bold plans for the cryptocurrency space. Last week, the Trump administration pulled Brian Quintenz’s nomination from consideration after a public […]
$21M in Bitcoin and Other Cryptocurrency Taken From Japanese Miner SBI, According to Blockchain Investigator
Simply put Blockchain detective platform ZACHXBT reports that around $21 million in cryptocurrency was stolen from an address linked to SBI Crypto, a Japanese miner. The stolen funds were allegedly laundered using Tornado Cash. SBI Crypto has yet to acknowledge any suspicious transactions. About $21 million in cryptocurrency linked to the Japan-based mining company SBI […]
Trump Is Introducing a Cryptocurrency Debit Card
Trump Family Expands Crypto Ventures with New Debit Cards The Trump family is set to broaden their cryptocurrency business, introducing debit cards later this year. This initiative is being led by Crypto Venture World Liberty Financial, with Donald Trump Jr., Eric Trump, and Baron Trump listed as active co-founders. Interestingly, Donald Trump held the title […]
Wisconsin proposal to free cryptocurrency companies from money licensing requirements
Wisconsin lawmakers brought forth a new bill on Monday that would allow individuals and businesses in the state to bypass the requirement for remittance licenses if they engage in crypto mining, staking, and exchanges. If this bill is enacted, it aims to clarify which activities are exempt from needing licenses from financial institutions. According to […]
October is designated as ‘ETF month’ with 16 cryptocurrency funds waiting for a final decision.
Crypto ETFs Could Surge in October October might be a pivotal month for the crypto market as a wave of new exchange-traded funds (ETFs) approaches. The Securities and Exchange Commission (SEC) is expected to make a final call on 16 different crypto ETFs next month. This development could really shift the landscape. These ETFs are […]