Three Chinese nationals in the US on student visas have been sentenced to federal prison for their roles in a scheme that stole more than $10 million from elderly Americans. The group targeted more than 50 victims in 19 states using fake computer security warnings and couriers who posed as federal agents, reports NTD. Victims …
Category archives: Trending Crypto news
Wall Street killed Bitcoin’s wild rallies: 10x’s Markus Thielen
Markus Thielen sees Bitcoin reaching $90,000 by year-end, questions institutional ETF demand and says Ethereum must do more for holders. Bitcoin’s days of consecutive double-digit price surges are over as Wall Street traders and profit-taking whales reshape the market, according to 10x Research founder Markus Thielen. Institutional traders selling call options after rallies have made …
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Bitcoin price defends $76K lows as analysts see stocks pricing in ‘political gridlock’
Bitcoin made modest gains at the start of Wall Street trading on Tuesday as markets awaited cues from the US midterm elections. Bitcoin (BTC) headed higher at Tuesday’s Wall Street open as a tech-stock rebound under the shadow of uncertainty surrounding the US midterm elections. Key points: Read more Go to Source
Binance traces $6.3B hack to fake job interviews, compromised AI tool
Hackers exploited compromised employee computers and stolen credentials to breach Binance’s wallet infrastructure, according to the exchange’s investigation. A coding assignment from a prospective employer seemed like an ordinary part of a job interview. Instead, it was one step in a months-long cyberattack that ended with $6.3 billion stolen from Binance, raising questions about how …
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Fundstrat’s Tom Lee Declares AI Stock Selloff Has Bottomed Amid Supply Tightness, Crypto Resilience
A market strategist is assessing the recent selloff in AI-related stocks as having reached its bottom for two main reasons. In a new interview with CNBC’s Squawk Box, Fundstrat co-founder Tom Lee says the demand for AI infrastructure remains high, suggesting the AI-related stocks will soon rebound after taking heavy losses last week. Says Lee, …
Brazil’s Largest Crypto Exchange Goes Offline After $49,000,000 Hack
Brazil’s largest crypto exchange has taken its platform offline after a security incident involving about $49 million in crypto assets. Mercado Bitcoin says no clients lost money and no data leaked, and that it has already blocked $11.2 million of the assets with help from partners including Tether, Circle, BRL1, Paxos and Chainalysis, reports Valor …
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What’s at stake for crypto as the US votes in the 2026 midterms?
Crypto groups spent about $176 million ahead of the US midterms, with control of Congress and the future of crypto legislation at stake. US voters head to the polls in midterm elections on Tuesday that could shift control of Congress and shape the future of cryptocurrency regulation. Crypto industry groups have spent roughly $176 million …
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US Households Pour $38,423 a Year Into Housing and Food, Biggest Share of Budgets in 15 Years
American households are now spending nearly half of their budgets on housing and food, the largest share in 15 years. The average household spent $81,905 in 2025, up 4.3% from the year before, with $27,790 going to housing and $10,633 going to food, says the U.S. Bureau of Labor Statistics (BLS). Together, the two categories …
NEAR token sinks 7% as proposal to cut annual token issuance passes
The proposed issuance cut would prevent 11.8 million NEAR from entering circulation over two years, worth about $45 million at today’s price. Near Protocol’s NEAR token fell by roughly 7% on Tuesday, despite community approval of a proposal to gradually reduce the maximum annual issuance rate from 2.5% to 1.6% over 24 months. NEAR traded …
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France postpones 2027 budget vote, crypto exit-tax proposals scrapped
The National Assembly postponed the vote on the budget’s revenue section for the second time, while the Nov. 17 deadline for the first reading examination nears. The French National Assembly will continue debating the revenue section of the 2027 state budget on Tuesday instead of holding a planned vote. According to the Assembly’s end-of-session notice …
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Binance’s net inflows turn positive at $2.3B as withdrawals expand
Binance led exchanges in 24-hour net inflows, reversing Monday’s heavy outflows as it restored access to funds after its $6.3 billion hack. Binance recorded $2.3 billion in net inflows over the past 24 hours as it expanded withdrawals following last week’s $6.3 billion hack. The exchange led centralized exchanges tracked by DefiLlama in 24-hour net …
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Bitcoin price threatens $77.7K support loss with recent buyers underwater
Bitcoin fell below the realized price of the one-to-three-month-old buyer cohort in a move that risked flipping it to new resistance. Bitcoin (BTC) risks turning $77,700 into new resistance as recent buyers fall into an aggregate loss, analysis warns. Key points: Data from onchain analytics platform CryptoQuant shows that BTC/USD is now trading below the …
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North Korean Hackers Laundering Record-Setting $6,400,000,000 Binance Haul via 12,000 Crypto Wallets Across 11 Chains: Elliptic
North Korean hackers behind last week’s record-setting $6.4 billion Binance heist are laundering crypto assets through a new wallet roughly every 25 seconds, per the blockchain analytics firm Elliptic. Elliptic notes in a new analysis that the highly complex laundering process is “clearly automated,” utilizing 40,000 transactions, 12,000 wallets and 11 different blockchains in less …
Georgia Resident Pleads Guilty in Stolen Check-Washing Scheme
Federal prosecutors have secured a guilty plea from a Georgia woman accused of altering hundreds of thousands of dollars in checks stolen from the mail and advertising them for sale on social media. Mikela Kendrick, 24, of Byron, Georgia, has pleaded guilty to one count of conspiracy to commit bank fraud before U.S. District Judge …
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ARK buys $17M in Coinbase, Circle shares while trimming Bullish
ARK Invest added Coinbase and Circle shares across two trading sessions while selling about $8 million in Bullish as crypto stocks declined. Cathie Wood’s ARK Invest is buying Coinbase and Circle shares as crypto stocks fall, while cutting its stake in crypto exchange operator Bullish. ARK purchased crypto exchange Coinbase (COIN) shares worth an estimated …
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