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The Latest Breaking News on Crypto

The Chinese 'Bitcoin queen', the £5.5bn stash and the five year police chase. Inside London’s crypto wars

With crypto crime soaring, perpetrators bagging billions and even resorting to kidnapping, can law enforcement catch up with the culprits?

Evening Standard

Circle's Record Q3 Stuns Investors — But 202% Profit Surge Doesn't Lift CRCL

Circle Internet Group Inc. (NYSE:CRCL) stunned markets on Wednesday after posting a 202% profit surge, yet the stock slid again as traders questioned whether the gains can translate into long-term growth.

Benzinga

Circle's USDC Circulation Doubles, But Costs Are Soaring

Circle Internet Group (NYSE:CRCL) stock slid after it reported third-quarter results on Wednesday.

Benzinga

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Visa Launches Stablecoin Payouts For The Gig Economy As Traders Eye $343

Visa Inc. (NYSE:V) is shaking up digital payments with a new pilot program that lets creators, freelancers, and gig workers receive instant USDC stablecoin payouts through Visa Direct.

Benzinga

Anthony Scaramucci Says TON Token Offers Indirect Bet On Telegram's Ecosystem, Could Hit $10 In Contrarian Play Challenging Visa, PayPal

In an exclusive interview with Benzinga, SkyBridge Capital founder Anthony Scaramucci said investing in TON (CRYPTO: TON) represents an indirect bet on Telegram, since the messaging platform isn't publicly listed.

Benzinga

China accuses Washington of stealing $13 billion worth of Bitcoin in alleged hack — 127,272 tokens seized from Prince Group after owner Chen Zhi was indicted for wire fraud and money laundering, U.S. alleges

China accuses the U.S. of being behind the largest cryptocurrency theft in history.

Tom’s Hardware

Ponzi Fraudster Behind 128,000-Victim Scam Blew £17,000 a Month on London Mansion

Zhimin Qian was sentenced to 11 years for a £5.5bn Bitcoin Ponzi scheme that defrauded 128,000 victims; she funded a London mansion with £17,333 monthly while evading police.

International Business Times UK

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Yes, New York will soon be under new management. But Zohran Mamdani is just the start

Lina Khan outraged corporates and conservatives as head of the Federal Trade Commission. Expect more of the same now she’s with the mayor-elect’s transition team, writes Carys Afoko

The Guardian - UK

Peter Schiff Says Crypto Speculators Are 'Throwing In The Towel' As Assets Rotate Back Into Gold & Silver

Economist and prominent gold advocate Peter Schiff is once again calling the curtains on cryptocurrencies, following a rotation away from digital currencies in favor of precious metals such as gold and silver in recent days.

Benzinga

Bitcoin User Accidentally Pays Over $105K To Send Just $10

A Bitcoin (CRYPTO: BTC) user paid a staggering $105,197 to transfer a mere $10 worth of the cryptocurrency, raising questions within the digital asset community.

Benzinga

AllianceBernstein Adds 2 Bond ETFs To Meet Rising Demand For Safer, Flexible Income

AllianceBernstein continued to expand its lineup of actively managed fixed income ETFs, with the release of two new products: the AB New York Intermediate Municipal ETF (NYSE:NYM) and the AB Core Bond ETF (NYSE:CORB). The firm said that global trading firm Jane Street will act as the lead market maker…

Benzinga

Shiba Inu's Squeeze Leaves Two Outcomes: A 39% Breakdown Or A Full Trend Reversal

Shiba Inu (CRYPTO: SHIB) has been stuck inside tightening price action for months, and the next weekly close will likely determine its direction.

Benzinga

Londoners could benefit from £5.5bn crypto stash seized from fraudster

Zhimin Qian was jailed for 11 years after scamming more than 128,000 people and storing the funds in Bitcoin

Evening Standard

Man accused of pleading for crypto donations to fund Angela Merkel’s assassination

Merkel and Olaf Scholz were among those on the man’s list, while investigators had been monitoring a ‘right-wing extremist’ platform he had featured on since June

The Independent UK

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The Guardian - UK

Fraudster who hid in London is jailed over £5.5bn bitcoin scam

Zhimin Qian cheated 128,000 victims in China through a Ponzi scheme before going on the run for six years

Benzinga

SoFi To Rival Coinbase, Robinhood As First Nationally Chartered US Bank With Bitcoin Trading

SoFi Technologies Inc. (NASDAQ:SOFI) has become the first nationally chartered U.S. bank to launch crypto trading, giving customers regulated access to Bitcoin and other digital assets.

Evening Standard

Moment ‘bitcoin queen’ fraud arrested in her bed as she’s jailed over £5bn stash

Zhimin Qian and Seng Hok Ling were sentenced following a multibillion-pound fraudulent Bitcoin scheme

Benzinga

China Accuses US Of $13 Billion Bitcoin 'State-Backed Crypto Heist'

China has accused the U.S. of taking $13 billion in Bitcoin (CRYPTO: BTC) linked to a 2020 hack, escalating a cross-border dispute that Washington says is simply a lawful seizure of criminal proceeds.

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Benzinga

A Bitcoin-Backed Mortgage? This Proposal May Become 'An Innovative Path To Wealth Building'

Bitcoin (CRYPTO: BTC) became the centerpiece of two major policy moves in Washington as Senate leaders struck a bipartisan deal to reopen the U.S. government and the Trump administration advanced a proposal to allow cryptocurrency to be listed as mortgage collateral.

Benzinga

Robinhood CEO Says Tokenization Will 'Unlock 24/7 Markets' And Investors Will 'Never Go Back'

Vlad Tenev, the CEO and co-founder of Robinhood Markets Inc. (NASDAQ:HOOD), declared that the era of traditional 9-to-5 trading is numbered, predicting that asset tokenization will inevitably lead to 24/7 global markets.

Benzinga

Why Is CoreWeave Down Nearly 9% In Pre-Market Despite Strong Q3 Results?

Shares of CoreWeave Inc (NASDAQ:CRWV) declined 8.72% during Tuesday’s pre-market trading session as the Nvidia (NASDAQ:NVDA) backed company trimmed its annual revenue forecast.

Benzinga

How Fugitive 'Crypto Queen' Laundered Over $6.5 Billion In Bitcoin From Chinese Investors — Court To Decide Fate In Record Seizure

A woman accused of using billions of British pounds in stolen funds from Chinese investors to buy cryptocurrency is set to be sentenced in London on Tuesday, in a case that the police have deemed the world’s largest crypto seizure.

Benzinga

Scott Bessent Says New IRS Crypto Guidance Gives ETFs 'Clear Path' To Stake Digital Assets And Share Rewards With Investors

The Treasury Department and the Internal Revenue Service have introduced new guidance, clearing the way for them to stake digital assets and share rewards with investors.

Benzinga

Suze Orman Says 'Everyone Should Absolutely' Own Bitcoin But Adds One Catch… 'You Gotta Be OK With Losing That Money' In Case She's Wrong

Suze Orman isn't exactly the type you'd expect to cozy up to crypto. Known for her no-nonsense takes on debt, emergency funds, and long-term security, she's spent decades urging Americans to build wealth with good old-fashioned discipline. But now? She's telling people to buy Bitcoin—yes, Bitcoin.

Benzinga

Tom Lee: 'BitMine Is Halfway To Owning 5% Of Ethereum'

BitMine Immersion Technologies Inc. (NYSE:BMNR) shares rose 6.4% Monday after the company announced its Ethereum (CRYPTO: ETH) holdings reached 3.5 million tokens, valued at $13.2 billion in total crypto and cash assets.

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