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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Chinese authorities seized over 127,000 Bitcoin — worth more than $15 billion — from the head of a massive crypto fraud network. That seizure, tied to Chen Zhi of Prince Group, was just the opening move. Now his right-hand man is in custody too. Extradition From Phnom Penh Li Xiong, former chairman of Huione Group, was flown from Cambodia’s capital to China on April 1 after a task force from China’s Ministry of Public Security coordinated the transfer with Cambodian officials. He now faces fraud and money-laundering…
X introduces auto-lock and identity checks for first crypto posts, aiming to cut phishing scams and hacking incentives by 99%. X has announced a strong new step to fight rising crypto scams on its platform. First-time accounts posting about cryptocurrency will now be automatically locked by the company. This will be done to prevent hackers before the frauds are disseminated to the users. X Introduces Strict Auto-Lock System to Stop Crypto Scams Nikita Bier reports that phishing attacks are on the increase on the platform. Thus, X is introducing a system that differentiates abnormal crypto activity in real time. In…
A U.S. enforcement case against alleged crypto market manipulation is once again putting the spotlight on wash trading and the blurry line between market makers and market manipulators.Federal prosecutors in California this week charged 10 individuals tied to firms including Gotbit, Vortex, Antier and Contrarian, accusing them of coordinating trades to inflate token prices and volumes before selling into the artificial demand. The case stemmed from an undercover FBI operation in which agents created their own token to identify firms offering manipulation services.Defendants marketed strategies to boost trading activity that in reality amounted to pump-and-dump schemes and wash trading, leaving…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Another outflow from Riot Platforms has been spotted on the Bitcoin network, a sign that the mining company may be participating in further selling. Bitcoin Mining Company Riot Has Moved Another 500 BTC As shared by on-chain sleuth Lookonchain in an X post, Riot Platforms has made a transfer away from its Bitcoin wallet during the past day. In total, this transaction involved 500 BTC, worth $34.13 million at the time that the move took place. The recent transaction history of Riot Platforms | Source: @lookonchain on…
France’s Lightning Stock Exchange, known as Lise, is preparing to host what could become Europe’s first fully onchain stock market debut, a step that brings tokenization into the initial public offering (IPO) process.The Paris-based exchange, approved last year under the EU’s Distributed Ledger Technology (DLT) pilot regime, plans to list French aerospace supplier ST Group on April 9, according to a Thursday press release.ST Group builds composite parts used in aircraft, defense systems and space programs. The company says it has about 59 million euros ($68 million) in potential program revenue over the next decade and aims to scale output…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is trying to hold $66,000. The market is bracing for volatility. And the on-chain data entering April tells a story of sustained, intensifying pain — with one critical detail that changes how that pain should be interpreted. Analyst Axel Adler has published on-chain findings that place the current Bitcoin environment in precise historical context. The 7-day moving average of Net Realized Profit and Loss has reached -$410 million as of early April — a deterioration of $154 million in a single week. That acceleration matters as…
RWA distributed value rose from about $21B to $27.5B in Q1 2026, a gain of roughly 30%. Tokenized US Treasuries reached about $10B, creating an on-chain yield base for crypto markets. Ethereum led RWA with about $15.4B, while BNB Chain grew past $3B and Solana gained stock activity. Real-world assets moved faster on blockchain in early 2026. The market expanded beyond basic token issuance. It added yield, liquidity, and wider access for users. Q1 data showed strong growth across several tokenized asset classes and major public chains. Q1 Growth Marks a New Stage for RWA At Q1’s start, the distributed…
Bitcoin is trading choppily around $66,600, as the extended holiday weekend sidelines potential buyers and gives bears greater control over price action.With CME futures and ETF flows set to pause over Good Friday, the market is heading into a liquidity gap just as its most reliable source of support is already weakening.Bitcoin’s $65,000 support is starting to look fragile as the market’s most active buyers turn out to be its most macro-dependent. In a recent report, CryptoQuant data show 30-day apparent demand at about -63,000 BTC, even as ETF and corporate purchases climb to multi-month highs, while Singapore-based market maker…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The National Policy Committee of Korea pushed the “second‑phase” crypto act debate until after the June 3 local elections. Crypto Framework Postponed In A Time Of Need The Korean outlet Maeil Business Newspaper reported uncertainty in the crypto industry deepening after the National Policy Committee excluded the Framework Act on Digital Assets from the 31st of March agenda. Lawmakers sent five finance-related bills to the subcommittee that day: the Framework Act on Administrative Regulation, the Credit Information Protection Act, the Microfinance Support Act, the Insurance Business Act,…
Most of the crypto industry spent this week processing Google’s paper on how quantum computers could break blockchain encryption. One startup is asking a different question — whether quantum hardware can make blockchains better.Postquant Labs, which is building the world’s shared quantum computer, Quip.Network announced Wednesday the launch of what it calls the first publicly available quantum classical blockchain testnet, where quantum computers and legacy technology work side by side to solve problems.Quantum computers use the physics of subatomic particles to test many possible solutions simultaneously rather than checking them one by one, which makes them fundamentally different from even…