US Government Seizes 127,195 Bitcoin Linked To Chen Zhi Scam – Now Holds Over 316K BTC

The US Department of Justice has seized 127,195 Bitcoin (BTC) linked to Chen Zhi, the alleged operator of a massive “pig butchering” scam based in Cambodia. The value of the seized Bitcoin—around $15 billion—marks the largest forfeiture action in the DOJ’s history, underscoring the scale of global crypto-related financial crimes and the US government’s growing […]

World Bank Publishes Report Talking About Ripple And XRP – Here’s What It Says

The World Bank has published a report discussing Ripple’s Interledger and XRP. They indicated that the payment solutions involving XRP were promising, as they enable the exchange of currencies across different networks.  World Bank Talks About Ripple And XRP Crypto influencer SMQKE shared a World Bank report on ‘Blockchain Interoperability’ that considered Ripple’s Interledger, noting […]

Bitcoin SOPR Shows Market Nearing Post-Correction Levels

Bitcoin is once again testing investor conviction as it fights to stay above the $110,000 level following last Friday’s sharp correction that triggered a massive leverage wipeout across the market. After one of the most volatile sessions of the quarter, traders are watching closely to see whether BTC can stabilize or if more downside pressure […]

After Years Away, Binance Reclaims A Foothold In South Korea With Exchange Acquisition

Binance has formally returned to South Korea after regulators approved its takeover of local exchange Gopax, a move that ends a long period of uncertainty over the deal and clears the way for the global firm to operate in one of Asia’s biggest crypto markets. Related Reading: Sam Bankman-Fried Blames Politics: Says Biden Team Targeted […]