Tesla’s significant Bitcoin transfers on October 15 initially raised concerns of a potential market dump. However, blockchain analytics firm Arkham Intelligence suggests that the company likely still controls its entire Bitcoin stash, valued at approximately $780 million.

According to Arkham, the recent wallet movements were likely part of a rotation strategy, with the Bitcoin still owned by Tesla. On October 15, Tesla transferred its 11,509 Bitcoin across seven different wallets, each holding

Worldcoin has officially rebranded as “World,” debuting its Ethereum layer-2 network, World Chain, along with several significant updates.

During a keynote address on October 17, Worldcoin founder Sam Altman announced the rebranding and enhancements to its iris-scanning Orb devices. The new branding is now reflected across all social media platforms and the company’s website.

https://twitter.com/worldcoin/status/1846987603968410093

The upgraded Orb devices will feature Nvidia hardware, making

A Republican administration could expedite the passage of market structure legislation currently hindered by partisan debates surrounding the Financial Innovation and Technology for the 21st Century Act (FIT21), according to Katherine Dowling, chief compliance officer at Bitwise Asset Management.

In a recent Q&A session, Dowling discussed the potential ramifications of the upcoming presidential election on crypto regulation, emphasizing the importance of FIT21. This proposed legislation aims to

Japanese investment firm Metaplanet has completed a strategic roll-up transaction involving 223 contracts of Bitcoin put options, raising the strike price from $62,000 to $66,000 in response to Bitcoin’s recent bullish surge.

In an announcement on October 16, Metaplanet revealed it repurchased the 223 contracts of $62,000 put options from Singapore-based digital asset trading firm QCP Capital, which had been sold previously. The firm then sold 223 new contracts with the updated strike price of

Metaplanet has significantly ramped up its Bitcoin investments, doubling its holdings to over 450 Bitcoin this month alone. The Japanese investment firm’s stock jumped 15.7% on October 15 following its announcement of a recent purchase of nearly 107 Bitcoin.

With this latest acquisition, Metaplanet now holds a total of 855.5 Bitcoin, valued at over $56.1 million, as stated in their October 15 release. The firm invested approximately $6.7 million (1 billion yen) for 106.976 BTC, securing the coi

Ethereum co-founder Vitalik Buterin has donated $884,000 to various charities over the past ten days, following an influx of memecoins sent to his wallet. Recently, he converted an additional $1.6 million in memecoins into Ether, currently valued at $2,532.87, which he pledged for charitable contributions.

According to blockchain analytics firm Spot On Chain, the recent sale included $982,800 worth of Moo Deng (MOODENG), $231,000 of Monsterra (MSTR), and $183,000 of ETHEREUM IS GOOD (EBULL). Bu

Hurricanes Helene and Milton have wreaked havoc, leaving millions devastated across states like Florida, Georgia, South Carolina, North Carolina, Virginia, and Tennessee. As recovery efforts unfold, several Web3-focused organizations are facilitating cryptocurrency donations to support affected communities.

The Giving Block Launches Hurricane Relief Fund

One notable initiative is The Giving Block, a crypto charity platform that has established the “Hurricanes Helene & Milton Emergency Response

The Infraud Bitcoin bribery case has concluded with a Moscow court sentencing former federal detective Marat Tambiev to 16 years in prison. The Balashikha City Court found Tambiev and his assistant, Kristina Lyakhovenko, guilty of accepting bribes from credit card fraudsters, according to a report by Izvestia.

A Landmark Bribery Scandal

Legal experts have dubbed this case “the largest bribe in modern Russian history.” The Infraud Organization operated internationally between October 2010 and F

New York’s financial regulator is on the lookout for a senior blockchain analytics analyst to help address financial crimes, particularly money laundering, within the cryptocurrency sector.

The position can be based in either New York City or Albany, with a starting salary of $84,156. Successful candidates can expect potential salary increases reaching up to $106,454. For those based in the New York City metro area—including Suffolk, Nassau, Rockland, and Westchester counties—a $3,400 annual do

The U.S. Homeland Security Investigations (HSI) Cyber Crimes Center has reported significant success in combating ransomware attacks since its establishment in 2021, having disrupted over 500 cyberattacks and seized approximately $4.3 billion in extorted cryptocurrency.

According to Mike Prado, Deputy Assistant Director of HSI’s Cyber Crimes Center, government agencies have emerged as the primary targets of these attacks, accounting for 21% of the thwarted incidents—more than any other sector.

Japanese investment firm Metaplanet has expanded its Bitcoin holdings by acquiring 23.97 BTC through an options transaction with Singapore-based digital asset trading firm QCP Capital. This acquisition brings Metaplanet’s total Bitcoin reserves to 530.72 BTC.

In a notice released on October 3, Metaplanet detailed its recent deal involving the sale of 223 put options contracts, valued at $62,000, which are set to expire on December 27, 2024. The sale generated a profit of 23.97 BTC from the opti

Matrixport, the Singapore-based cryptocurrency financial services firm, announced its expansion into Switzerland on Monday by acquiring Crypto Finance Asset Management (CFAM), previously part of the Deutsche Börse Group’s Crypto Finance Group (CFG). Following the acquisition, CFAM has been rebranded as Matrixport Asset Management (MAM).

MAM will focus on providing institutional-grade crypto investment solutions, alongside a variety of crypto investment products and structuring capabilities. Ste

Federal prosecutors have charged Adam Iza, the owner of the cryptocurrency trading platform Zort, Inc., with bribing deputies from the Los Angeles Sheriff’s Department (LASD) to access sensitive police information for the purpose of extorting a victim for their cryptocurrency holdings.

According to an FBI affidavit filed in a Los Angeles federal court on September 23 and released on September 26, Iza allegedly paid three LASD deputies to illegally obtain confidential police data. Known by alias

On September 25, Worldcoin faced a significant selloff by large holders, yet it managed to maintain upward momentum, rising by 17.3% to reach $2.12. As a result, the asset’s market capitalization surpassed $1 billion, positioning it as the 69th-largest cryptocurrency.

The daily trading volume for Worldcoin experienced an impressive 85% increase, totaling $430 million. According to IntoTheBlock, large holders of Worldcoin saw outflows of 6.23 million WLD, valued at approximately $13.15 million,

The U.S. Securities and Exchange Commission (SEC) has reached a settlement with TrueCoin and TrustToken, the companies behind the TrueUSD (TUSD) stablecoin, imposing a $700,000 penalty. The SEC described TrueUSD as a “purported stablecoin,” highlighting allegations that its backers misrepresented the token’s stability and defrauded investors.

According to a complaint filed in the U.S. District Court for the Northern District of California, TrueCoin and TrustToken were involved in the unregister

On Monday, U.S. spot Ethereum exchange-traded funds (ETFs) saw notable net outflows of $79.21 million, marking the largest daily withdrawal since July 29. The decline was primarily driven by the Grayscale Ethereum Trust (ETHE), which alone accounted for $80.55 million in outflows, representing its biggest drop since July 31, according to data from Sosovalue.

Interestingly, ETHE was the only spot Ethereum ETF to report outflows on Monday. In contrast, Bitwise’s ETHW ETF recorded a modest inflow

The International Monetary Fund (IMF) has pointed out that Central Bank Digital Currencies (CBDCs) face a significant “chicken-and-egg” problem, where the adoption of these digital currencies is heavily influenced by the participation of both consumers and merchants. Specifically, merchants may hesitate to adopt CBDCs if consumers are not using them, while consumers might avoid CBDCs if merchants do not accept them.

The term “chicken-and-egg” refers to a situation in which two interdependent fa

Germany’s public prosecutor announced on Thursday the closure of 47 exchange platforms suspected of facilitating illegal operations. These platforms were reportedly used for trading both traditional and cryptocurrencies, enabling anonymous transactions without registration or identity verification.

Authorities allege that the operators of these exchanges were involved in concealing the illicit origins of substantial sums of money, failing to adhere to anti-money laundering regulations.

The exc

On September 18, spot Bitcoin exchange-traded funds (ETFs) in the U.S. recorded net outflows of $52.83 million, marking the end of a four-day streak of inflows that had brought in over $500 million.

According to data from SoSoValue, the majority of these outflows were driven by ARK 21Shares’s ARKB, which saw $43.4 million leave its fund. Grayscale’s GBTC and Bitwise’s BITB also reported outflows of $8.1 million and $3.9 million, respectively.

In contrast, Grayscale Bitcoin Mini Trust was the s

According to a recent report by Chainalysis, South Korea’s cryptocurrency market has seen significant growth, largely fueled by the rising Korea Premium Index. This index measures the price discrepancies for major cryptocurrencies such as Bitcoin (BTC), Ether (ETH), and various altcoins traded on local exchanges compared to international platforms.

The report highlights that local demand, combined with institutional trading and South Korea’s unique market dynamics, has led to higher cryptocurre