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UK Moves Closer to Keeping $5B Bitcoin Haul After High Court Ruling
A judge ruled that Chinese law should govern fraud victims' claims to the 61,000 BTC seized from Zhimin Qian, in a blow to the claimants.
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Live updates: Bitcoin whipsaws between $81,000 and $84,000 as altcoins slide
Bitcoin bounced back from an early dip as ZEC, HYPE and SOL led altcoin losses. JPMorgan fell after kicking off U.S. earnings season.
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Bitcoin diverges from South Korean stocks as AI concerns deepen the Kospi selloff
South Korea’s chipmakers lead another sharp selloff as concerns over AI spending and Chinese competition grow, while bitcoin holds well above its summer lows.
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Cardano Visa Multi-Chain Crypto Card Announces Sunset, Key Date for ADA Holders
Cardano Visa Card which supports over 685 cryptocurrencies, including ADA, SOL, XRP set to be discontinued on this date.
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‘Leave’: Crypto Backlash Over French Proposal to Report Wallets Over $112K
The proposal would require crypto owners to report holdings over €100,000, sparking concerns following a wave of "wrench attacks" in France.
15
Curacao Scraps Hacked Licensing Portal, Misses Its Own Update Deadline
Curaçao’s gambling regulator says the online portal it uses to license offshore casinos will not return after the hack it disclosed in September. It aimed to give details of interim…
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Crypto Regulation: UK Lands £3.8Bn Bitcoin Seizure as Korea Blocks KuCoin and MEXC
A UK court has narrowed victims’ route to a £3.8bn Bitcoin seizure, while South Korea blocks 27 unregistered crypto platforms amid access risks. The post Crypto Regulation: UK Lands £3.8Bn…
35
Metaplanet to issue $329M convertible bonds to pay debt, fund share buybacks
Metaplanet plans to issue zero-interest bonds with a five-year maturity to improve its debt structure and cut its reliance on Bitcoin-collateralized loans without selling holdings.
35
BitMine’s Tom Lee Warns KOSPI Slump Could Hit Crypto
Korea's exchange paused program selling for five minutes, the first sidecar in almost two months, as Samsung and SK Hynix slid 5% and 6%.
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MediaMarktSaturn pulls Ledger products amid tampering reports
European retailer MediaMarkt pulled Ledger products as the wallet maker probes tampering reports beyond CryptoBilis in Southeast Asia.
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Metaplanet Plans ¥52 Billion Bond Sale to Refinance Bitcoin Loans
The company would replace some Bitcoin-collateralized borrowing with unsecured debt and devote up to ¥28.3 billion to share repurchases.
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South Korea clears way for courts to seize and sell Bitcoin for unpaid debts under new November rules
The October 12 amendment standardizes court-led debt recovery, with separate procedures for exchange claims and directly held crypto. The post South Korea clears way for courts to seize and sell…
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Bitcoin hits $84K resistance as Korean tech rout deepens KOSPI losses
Bitcoin’s liquidity kept BTC price below $84,000 amid a mounting South Korean tech and semiconductor stock sell-off.
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Ledger says ‘spy’ chip inside CryptoBilis Ledger devices transmitted wallet keys over mobile network
The hardware-wallet maker gave its first public account of how a covert component in devices sold by CryptoBilis could steal users’ master keys without changing Ledger’s software.
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UK court ruling boosts government’s chances of keeping $5 billion in seized bitcoin
The decision concerns 61,000 BTC seized by the Metropolitan Police in its investigation into Zhimin Qian, who pleaded guilty to defrauding thousands of people in China.
30
NFT Marketplace Blur to Shut Down Website, Stop New Blend Loans Next Month
The shutdown comes as NFT trading volumes have collapsed from their 2021-2022 peak, with market revenue projected at $318 million this year.
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Chinese fraud victims lose key court battle over 61,000 Bitcoin
Chinese fraud victims seeking to recover 61,000 seized Bitcoin face a legal setback after a UK court ruled that Chinese law governs their claims.
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ZEC and NEAR Plummet Hard, BTC Recovers From Rollercoaster Ride: Market Watch
STX is the only notable gainer over the past 24 hours.
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IMF finds over half of tokenized US stock trading happens after Wall Street closes
More than half of volume in the five-product sample came outside regular US hours, while volatility was about 1.5 times that of traditional counterparts. The post IMF finds over half…
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Ledger details LTE-enabled spy implants in wallets sold by CryptoBilis
Ledger detailed how LTE-enabled implants exposed wallet recovery phrases as CryptoBilis halted sales and Trezor and OneKey cut ties with the reseller.