Crypto mixing tool Bitcoin Fog operator Roman Sterlingov has been sentenced to jail for 12 years and 6 months over a laundering scheme. The sentencing is coming months after a jury trial that found Sterlingov guilty of laundering funds for criminals. Aside from that charge, he was also charged with operating an illegal money-transmitting business.

During his sentencing, the District Judge of Washington Randolph Moss ordered Sterlingov to forfeit about $300 million worth of assets to the governm

Van Eck CEO Jan Van Eck has predicted that Bitcoin could hit $300,000 per unit. According to his interview with CNBC, Van Eck believes the asset could hit half of gold’s market capitalization when it eventually happens. The CEO said his prediction was a reasonable base assumption but failed to tie it to any real-life theory.

Data from CoinGecko showed that Bitcoin briefly traded at $77,000, smashing a new all-time high, before trading down at $76,000. Van Eck also talked about investors enterin

Binance Labs, Binance’s venture capital division, has announced its investment in BIO Protocol, a platform that aims to revolutionize decentralized science (DeSci). 

The initiative empowers early-stage scientific research startups by providing access to decentralized funding models and resources.

BIO protocol enhances BioDAO network

BIO Protocol is building a robust network of Biotech Decentralized Autonomous Organizations (BioDAOs) to address gaps in traditional funding for medical research.

Michael Saylor, co-founder and executive chairman of MicroStrategy, has reiterated his confidence in Bitcoin as a long-term investment. 

In a recent interview, Saylor stated that no one has ever lost money holding Bitcoin for four years, underscoring the cryptocurrency’s historical resilience and long-term growth potential. Emphasizing patience and commitment, he cited Warren Buffett’s advice: “If you can’t hold it for ten years, you don’t deserve to have it for ten minutes.”

MicroStrategy’s b

Lisbon, Portugal — November 5, 2024 — As Europe’s tech epicenter continues to buzz with new ideas and collaborative energy, Lisbon is gearing up to host Crypto AI:CON 2024 from November 9-10. 

This event brings together pioneers from the AI and blockchain sectors, combining world-changing tech under one roof. Now, joining the lineup of groundbreaking companies is the Impossible Cloud Network (ICN)—a decentralized cloud services provider that’s taking on the big names in traditional cloud with i

The ZK Hub is set to take place in Bangkok, Thailand from November 10-11, 2024, in the buildup to DevCon. This event will connect the brightest minds from across the Zero-Knowledge ecosystem to showcase their latest developments and share insights into the current state of the space.The Hub will include multiple events running in parallel, with RISC Zero, House of ZK, Aleo, ZKM, Cysic, o1Labs, Kakarot, ZK Hack, Snarkify, BuildH3R, and StarSwift each hosting their own spaces, in addition to a uni

● Bitcoin MENA will take place on December 9-10, 2024, at ADNEC Centre in AbuDhabi.● Eric Trump, prominent business figure and son of former U.S. President Donald J.Trump, is confirmed to speak at the event.● Abu Dhabi continues to strengthen its position as a key player in the global Bitcoin ecosystem.● The UAE’s zero VAT on Bitcoin gains positions the region as a prime destination for Bitcoin innovators, investors, and businesses.

Abu Dhabi, UAE – October 31, 2024 – Bitcoin MENA has announced

Jack Dorset-led company Block has decided to commit to Bitcoin mining and its self-custody crypto wallet Bitkey. According to a letter sent by Dorsey to shareholders, the company will focus its resources on the two ventures. The company also intends to cut funding for its Web5 project TBD and reduce the investment in its music streaming project Tidal.

The decision comes after the impressive win of presidential candidate Donald Trump in the United States presidential elections. Trump already hin

Crypto exchange FTX has dragged Crypto.com to court to recover funds tied to Alameda Research. In the lawsuit submitted at the United States Bankruptcy Court in the District of Delaware, FTX claim that Crypto.com has $11 million belonging to Alameda Research. The crypto exchange claims that the firm is refusing to return the funds.

In its filing, FTX claimed that Alameda maintained an account on Crypto.com before it filed for bankruptcy. The account was opened in the name of former Alameda empl

Polymarket, a popular decentralized betting platform, saw a sharp decline in its total value locked (TVL) following the resolution of its largest-ever betting market. 

The platform, which surged in popularity during the US presidential election, recorded its biggest outflow of funds in its history. After settling the market on the election winner, Polymarket’s open interest fell from $511 million on November 6 to $181 million, representing a drop of nearly 50%.

The decline follows the election

Crypto whales significantly boosted NFT trading activity on the BNB Chain during the third quarter of 2024. Messari’s latest quarterly report highlights a 283% quarter-over-quarter increase in average daily trading volume, which soared from $156,900 in Q2 to $600,400 in Q3. 

Despite this growth, retail participation saw a sharp decline, pointing to larger trades driven by smaller market participants.

Rising NFT trading volume contrasts with declining buyer numbers

The report reveals that whil

A Polymarket bettor is now $78 million richer, thanks to Donald Trump’s victory in the United States presidential election. According to Chainalysis, the Frenchman, Theo, made the profits flowing bets worth $38 million on positions representing a Trump victory.

In its analysis, Chainalysis said more than four accounts on Polymarket were tied to Theo. The Frenchman reportedly controlled nine accounts, using each one to place bets on a Trump victory. The on-chain analysis platform mentioned that

Coinbase Chief Legal Officer Paul Grewal has predicted a change in the enforcement strategy of the Securities and Exchange Commission (SEC). The Coinbase executive made this prediction after the results of the just concluded United States elections crowned Donald Trump as the winner. He noted that it is time for the government to provide clarity and support innovation in the crypto sector.

Grewal mentioned that the industry should be allowed to grow to match the appetite of its users. He noted

Bitcoin reached a record-breaking price of $76,400, marking a historic milestone for the cryptocurrency market after $200 billion in fresh capital flowed into the sector within 24 hours. 

The sharp rise followed the U.S. election results, in which Donald Trump secured a victory against Kamala Harris, igniting optimism among cryptocurrency investors. According to CoinGecko, the total market capitalization of all cryptocurrencies surged to $2.652 trillion.

Market momentum drives Bitcoin to recor

Ethereum (ETH), the second-largest cryptocurrency by market cap, witnessed a sharp 13% surge over the past 24 hours. 

The rally came after Bitcoin’s (BTC) record-breaking all-time high following Donald Trump’s significant election victory. The bullish momentum helped push the global crypto market cap to $2.52 trillion, reflecting a 3% rise in just one day.

The upward trajectory of Ether gave whales a lucrative opportunity to offload their holdings. Meanwhile, trading activity internationally i

Gaming giant Nintendo has announced plans to further its relationship with other software publishers in the industry. The company revealed this as part of its strategy at a recent policy brief meeting for the fiscal year 2024. Nintendo intends to use the strategy to expand its platform in the gaming sector.

Nintendo president Shuntaro Furukawa presented the Q2 financial results and corporate management briefing for the fiscal year 2024 on November 6. During the meeting, the Japan-based gaming c

The United States election results are finally out, with Donald Trump pulling ahead of other candidates in the race. During the campaign, Trump promised to back the crypto sector in the country. Even before Kamala Harris was chosen to replace Joe Biden in the race, there had been some element of crypto. The Democrats and Republicans had made various promises to gain the industry’s trust and approval.

The US dollar’s status as the reserve currency is known to all, including traders in the crypto

According to cybersecurity firm ScamSniffer, in October 2024, over 12,000 victims collectively lost $20.2 million to crypto phishing scams. 

While this represents a 56% drop in total funds stolen compared to the previous month, the number of individual victims rose by 20%, signaling a shift in scammers’ tactics. The decline also marks one of the lowest monthly totals for stolen funds this year, second only to July, when $19 million was lost to similar schemes.

Ethereum and other networks were

With Donald Trump now confirmed as the next U.S. President, cryptocurrency advocates are optimistic that his administration will usher in a more favorable environment for digital assets. 

Trump’s campaign promises to support Bitcoin, clarify regulatory guidelines, and even launch a DeFi protocol have raised expectations across the industry. As a result, Bitcoin surged nearly 10%, hitting an all-time high, while Dogecoin, a favorite of Elon Musk, rose by 25%, reflecting the market’s anticipation

Tether’s USDT has emerged as the leading source of transfer activities on Toncoin. After completing airdrop activities, the network has kicked to life, supporting value transfers in the decentralized finance sector.

The report that confirmed USDT as the most active token on Toncoin in October revealed that the chain isn’t for meme coins. It also does not focus on only top tap-to-earn games. Toncoin is also one of the few networks that support native USDT, providing liquidity that e-commerce and