The Business & Technology Network
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Bitcoin just broke below $101,000, and the entire crypto market feels like it’s holding its breath. The Fear...
FTX co-founder Sam Bankman-Fried has officially appealed his 25-year prison sentence, arguing he was “presumed guilty” from the start of his trial following the collapse of the crypto exchange in 2022. His lawyers say the case was rushed, unfair, and influenced by pressure from the media, prosecutors, and even the judge, a situation they call “a miscarriage of justice.” “Forced to Fight With One...
The crypto world just took another dark turn. Faruk Fatih Ozer, founder and former CEO of the defunct Turkish cryptocurrency exchange Thodex, has been found dead in his prison cell. According to reports, authorities are investigating the possibility of suicide. The 30-year-old was discovered hanging in his cell at a maximum-security prison in Tekirdağ, northwest Turkey, on the morning of November...
Binance founder Changpeng Zhao (CZ) is shaking things up again. This time, it’s not about Binance or regulation. It’s personal. CZ revealed that he used his own funds to buy ASTER tokens, saying clearly, he’s not a trader, he’s a holder. Shortly after the tweet, ASTER surged over 20%, climbing to $1.19 according to CoinMarketCap. A screenshot shared online showed CZ’s account holding 2,090,598.14...
Decentralized finance protocol Balancer has fallen victim to what appears to be one of the largest DeFi exploits of the quarter. According to data from Nansen, approximately $70.9 million worth of assets were initially moved to a fresh wallet, before investigators confirmed total stolen funds have surged to around $116.6 million. Tokens moved in the first wave included 6.85K osETH, 6.59K WETH,...
ZKSync just got the biggest nod in crypto, from Vitalik himself. Ethereum’s founder retweeted ZKSync co-founder Alex Gluchowski, calling the project’s work “underrated but valuable.” That single shoutout sent waves through the community, and $ZK holders noticed. Within hours, ZKSync’s native token began climbing, reflecting renewed optimism around one of Ethereum’s most ambitious Layer 2 (L2)...
From memecoins to meaningful markets, Pump.fun’s latest evolution aims to redefine crypto fundraising on Solana. Pump.fun, the viral Solana-based token creation platform that took the crypto world by storm, has officially unveiled “Spotlight”, a new initiative designed to support utility token launches and empower founders to raise on-chain capital directly from their communities. The move marks...
Hong Kong-based healthcare firm Prenetics ($PRE) has deepened its Bitcoin strategy, purchasing an additional 110 BTC and bringing its total holdings to 378 Bitcoin, valued at roughly $41 million, according to company disclosures. The move cements Prenetics’ growing alignment between biotech innovation and digital asset management, following its recent $44 million equity raise completed on October...
In collaboration with Tether, TRON, and TRM Labs, the T3 Financial Crime Unit marks a major milestone in global crypto crime prevention. In just one year since its launch, the T3 Financial Crime Unit (T3 FCU) has frozen over $300 million in illicit crypto assets worldwide. The task force, jointly established by Tether, TRON, and TRM Labs, is emerging as one of the most efficient public-private...
Jump Crypto just made one of the boldest moves in the crypto market this quarter. In a lightning-fast swap that took just 15 minutes, the trading giant moved 1.1 million unlocked SOL, worth around $205 million, and received 2,455 BTC, worth roughly $265 million, in return. According to Lookonchain, the transaction was conducted through Galaxy Digital, one of the largest institutional over-the-...