On October 14, 2025, the U.S. District Court for the Eastern District of New York unsealed an indictment, announcing criminal charges against Chen Zhi, founder of Cambodia’s Prince Group—and simultaneously freezing and confiscating 127,271 Bitcoins under his control.Based on the price of the currency at that time, these assets were valued at approximately $15 billion. This was the largest cryptocurrency forfeiture in the history of the U.S. Department of Justice and the most significant virtual asset forfeiture case in history…Even more shocking was the discovery that these BTCs were not stored in exchange accounts but were instead stored in a…
Author: Crypto Flexs
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Cryptocurrency valuations recovered modestly this week as investor appetite for digital assets returned following the recent market crash.The $19 billion liquidation event could be seen by investors as a buying opportunity, which could fuel Bitcoin (BTC) to rise beyond $200,000 before the end of the year, according to Geoff Kendrick, global head of digital asset research at Standard Chartered.However, Bitcoin’s upward momentum continues to be limited due to a lack of inflows in U.S. spot Bitcoin exchange-traded funds (ETFs).The lack of investment is causing Bitcoin to post its worst October performance since 2013, the last time a historically strong month…
HighlightsThe protocol has partnered with SUI Network’s WalrusProtocol to create a secure, decentralized human identity without biometric storage.Delphi Digital’s analysis validated the platform’s ability to prevent synthetic identity fraud in its verification system.The sustainable blockchain sector will witness significant growth in 2025 due to the growing demand for digital identity and UBI applications. Humanity Protocol’s native token H rose 70% on October 24, hitting an all-time high above $0.24 and pushing its market capitalization to $525 million. This surge follows positive developments surrounding a technical report from Delphi Digital that confirmed its expansion into the SUI ecosystem and its role…
Singapore, Singapore, October 24th, 2025, Chainwire$RIVER reached a new all-time high $10, up 5x since its TGE on Sept 22, following the token’s Binance Futures listing on Oct 17.The surge was driven by growing market attention on River’s Dynamic Airdrop Conversion, the first time-encoded tokenomics mechanism that connects conversion behavior to time-based value.Dynamic Airdrop Conversion: Time as a VariableMost airdrops that end once tokens are claimed, River’s Dynamic Airdrop Conversion begins at that moment. The mechanism introduces time-encoded tokenomics — allowing users to convert River Pts (ERC-20) into $RIVER at any time within 180 days after TGE.River Pts, the ecosystem points…
HYPE price appears poised for strength in a descending wedge pattern as several catalysts, including the Robinhood listing, spark renewed investor interest in the token. summation HYPE price is up 19% in the last 7 days. Robinhood listed HYPE and Hyperliquid Strategies Inc. announced plans to raise funds to accumulate the token. HYPE is almost breaking out of a descending wedge pattern on the 4-hour chart. According to data from crypto.news, Hyperliquid (HYPE) was trading at $40 at last check on the morning of October 24, Asian time. It is up 8.1% in the last 24 hours and almost 19%…
Xeltox/Cryptomus fined C$177M for failing to report over 1,000 suspicious cryptocurrency transactions. Violations included child abuse, fraud, ransomware, and sanctions-related transactions. The company previously faced action from the BC Securities Commission for operating an unauthorized exchange. The Financial Transactions and Reports Analysis Center of Canada (Fintrac) has imposed its largest-ever fine on Xeltox Enterprises Ltd., operating as Cryptomus, after it allegedly failed to comply with anti-money laundering (AML) regulations. The Vancouver-based cryptocurrency services provider was fined C$177 million ($126 million) for multiple violations related to suspicious transactions, according to a statement released on Wednesday. widespread failure to report; Fintrac’s investigation…
Dubai, United Arab Emirates, October 23rd, 2025, ChainwireROBA, The People’s Robotics Platform, today announced the first publicly available version of its open, interoperable robotics ecosystem, positioning itself as “The Hugging Face of Robotics”. ROBA is launching to redefine the robotics industry, which is projected to hit $218 billion by 2030, by empowering creators and eliminating proprietary stacks.The current robotics landscape is fractured, closed, and forces every new idea to start from scratch, leading to frustration instead of innovation. ROBA delivers a solution that simplifies the workflow through no-code enablement, eliminating the need for the 10+ fragmented platforms previously required to…
Road Town, British Virgin Islands, October 23rd, 2025, ChainwireDecentralized trading platform Aster announced today the debut of its new initiative, Rocket Launch, designed to accelerate early-stage projects by driving liquidity and trading activity, while giving users early access to emerging on-chain opportunities.Aster Rocket Launch aims to transform token launches from one-time market events into a continuous journey — from alpha discovery to trading activation and sustained growth. Participants can join by trading designated token pairs, with rewards distributed proportionally based on their trading volume share.Empowering Users Through Participation and HoldingEach Rocket Launch campaign features a reward pool composed of both…
VICTORIA, Seychelles – October 23, 2025 — Global cryptocurrency exchange MEXC has published its Q3 2025 Ecosystem & Growth Report, highlighting sustained expansion in listings, user activity, product innovation, security, and ecosystem partnerships. Despite heightened global volatility and tightening liquidity conditions, MEXC recorded strong gains across every key metric, reinforcing its position as one of the world’s most active and growth-driven exchanges.Key Takeaways680 new tokens listed in Q3 — up 17% over the past quarter.Trading volume on new listings jumped 97% QoQ, and active traders grew 16%.Top 10 tokens by volume achieved 2,933% average peak gains, and the top 10…
join us telegram A channel to stay up to date on breaking news coverage The US Federal Reserve (Fed) is preparing to join the “payments revolution” and bring cryptocurrencies from the “periphery” of finance into the mainstream. At the Federal Reserve’s Payments Innovation Conference in Washington on October 21, Governor Christopher Waller said the central bank would give stablecoin issuers and fintech companies access to its payments system through a proposed ‘skinny’ master account. The move highlights a dramatic shift in the Fed’s approach to digital assets and decentralized finance. Waller said technologies such as stablecoins, tokenized assets and AI…