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Beijing authorities sentenced tech executive Feng to 14 years for a $19.5 million crypto laundering scheme at a major short video platform. According to a People’s Daily report, the Haidian District People’s Court convicted Feng and seven co-conspirators of occupational embezzlement after they illegally stole 140 million yuan in company incentive funds. Prosecutors revealed that…

In the context of recent overall market turmoil, XRP’s price performance has fluctuated, and short-term trading risks have continued to rise. But in this volatile environment, a group of users have found a new “stable outlet” – participating in DOT Miners’ cloud computing power contracts through on-chain protocols to achieve automatic settlement of daily income….

Falcon Finance has landed a $10 million strategic investment from World Liberty Financial (WLFI), a decentralized finance project backed by the Trump family. Key Takeaways: Falcon Finance secured a $10M investment from Trump-linked WLFI to expand its stablecoin infrastructure. The firm’s USDf stablecoin uses a multi-asset, risk-adjusted overcollateralization model. New funding will support cross-chain integrations…

Ethereum (ETH) perpetual futures volume has surged ahead of Bitcoin (BTC) for the first time since the 2022 market cycle bottom, creating the most significant volume imbalance favoring ETH in recorded history. Data from Glassnode reveals that ETH global perpetual futures volume commanded the market with $90.82 billion, while Bitcoin trailed at $82.93 billion. #Ethereum…

XRP Mining has launched an innovative cloud mining app that redefines how everyday users engage with cryptocurrency. Designed for simplicity, security, and accessibility, the platform eliminates the high technical and financial barriers that once limited mining to tech-savvy or affluent individuals. Now, anyone with a smartphone can tap into the power of crypto mining –…

Ethereum marks a historic milestone this week: its 10-year anniversary. Since its genesis block in July 2015, Ethereum has evolved from a novel smart contract platform into the backbone of decentralized finance, NFTs, DAOs, and a new generation of internet infrastructure. Over the past decade, it has redefined how value moves online—enabling permissionless innovation, open…

Tom Lee, managing partner and head of research at Fundstrat Global Advisors, believes Ethereum has found its defining breakthrough moment, positioning stablecoins as the catalyst that could propel the blockchain to mainstream financial infrastructure. During a July 30 interview, Lee suggested that stablecoins represent the “ChatGPT moment” for the cryptocurrency industry, noting how consumers have…

Bitcoin (BTC)’s liquidity faced “a significant test” over the past weekend, following the exit of a Satoshi-era whale. However, the market has remained resilient, according to the latest report by blockchain data platform Glassnode, with “a supermajority of investors” still holding unrealized profits. The analysts turned to the metric called the Realized Cap, which quantified…

The Smarter Web Company has surpassed 2,000 Bitcoin holdings after purchasing an additional 225 BTC for £19.9 million ($27 million), positioning the London-listed technology firm among the top 25 corporate Bitcoin holders globally with 2,050 total coins worth approximately $242 million. The latest acquisition at an average price of £88,482 ($118,080) per Bitcoin continues the…

The crypto market is down today, with 92 of the top 100 coins per market in the red. The cryptocurrency market capitalization has dropped by another 4.8% over the past 24 hours to $3.95 trillion. At the same time, the total crypto trading volume is at $146 billion. TLDR: Crypto market cap stands below $4…