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Prosecutors seek new trial for MIT brothers after $25 million Ethereum fraud case ends in mistrial

Prosecutors seek new trial for MIT brothers after $25 million Ethereum fraud case ends in mistrial

New York prosecutors are calling for another round in court after two MIT-educated brothers were accused of orchestrating a $25 million fraud on Ethereum after a weeks-long trial ended in a mistrial. Anton, 25, and James, 29, Peraire-Bueno were charged with conspiracy to commit wire fraud, wire frau

Bitdeer stock tumbles 30% after Q3 report but analysts defend long-term outlook

Bitdeer stock tumbles 30% after Q3 report but analysts defend long-term outlook

Shares of bitcoin miner Bitdeer Technologies Group (ticker BTDR) fell more than 30% this week, sliding from just over $23 on Monday morning to about $16 by Tuesday, according to The Block’s price page.The drop extended a month-long decline after the company’s third-quarter earnings failed to meet in

China Accuses US of Secretly Seizing $13 Billion in Bitcoin

China Accuses US of Secretly Seizing $13 Billion in Bitcoin

China has reportedly accused the United States of secretly seizing 127,000 Bitcoin worth about $13 billion from the 2020 LuBian mining pool hack, calling it a state-backed cyber operation. However, the US denied the claim, saying the Bitcoin was lawfully seized in a completely separate fraud case. T

Bitcoin To Bottom Out In 300 Days: Top Expert Forecasts $38,000 To $50,000 Price Point

Bitcoin To Bottom Out In 300 Days: Top Expert Forecasts $38,000 To $50,000 Price Point

A leading market expert recently hinted at an impending bottom for Bitcoin (BTC), suggesting that within the next 328 days, the cryptocurrency could reach a price range between $38,000 and $50,000. Bitcoin Price Bottom In October 2026Although Bitcoin’s performance this year has lagged behind US stoc

Coinbase scuttles $2 billion deal to acquire stablecoin startup BVNK

Coinbase scuttles $2 billion deal to acquire stablecoin startup BVNK

Coinbase has abandoned plans to buy UK-based stablecoin infrastructure firm BVNK, ending what had been advanced discussions over a potential $2 billion acquisition.The news was first reported by Fortune and confirmed via a Coinbase spokesperson who told The Block: "After discussing a potential acqui

Jack Dorsey’s Block Enables Bitcoin Payments For Millions Of Square Merchants

Jack Dorsey’s Block Enables Bitcoin Payments For Millions Of Square Merchants

Square, the payment services arm of Block, has launched its Bitcoin payment feature for small businesses, allowing them to accept BTC payments and manage their digital assets alongside traditional finances through its point-of-sale platform. The integration allows merchants to accept the premier cry

SoFi Is Officially Back in the Crypto Game. What Investors Should Know. — Barrons.com

SoFi Is Officially Back in the Crypto Game. What Investors Should Know. — Barrons.com

By Mackenzie TatananniCryptocurrency has officially made its return to SoFi Technologies.The company on Tuesday announced the launch of SoFi Crypto, a platform allowing customers to buy, sell, and hold dozens of digital currencies including Bitcoin, Ethereum, and Solana. A phased rollout begins toda

UK Court Hands Nearly 12-Year Sentence in Massive ÂŁ5B Bitcoin Case: Report

UK Court Hands Nearly 12-Year Sentence in Massive ÂŁ5B Bitcoin Case: Report

A woman who evaded authorities for nearly five years while amassing one of the largest cryptocurrency fortunes ever seized in the UK was sentenced to more than 11 years in prison. According to the Crown Prosecution Service, the individual was arrested in a York suburb last year after police tracked

Bitcoin price fills CME gap, but '$240M market dump' stops a $104K rebound

Bitcoin price fills CME gap, but '$240M market dump' stops a $104K rebound

Key points:Bitcoin fills its weekend CME futures gap, but bulls struggle to produce a BTC price turnaround.Analysis shows Bitcoin whales selling into price at local highs.Derivatives traders continue to avoid risk with $100,000 still hanging in the balance.Bitcoin delivered a classic futures “gap f

Record UK bitcoin haul nets 11-year sentence for Chinese national who lived lavishly on stolen funds

Record UK bitcoin haul nets 11-year sentence for Chinese national who lived lavishly on stolen funds

Chinese national Zhimin Qian was sentenced to over 11 years in prison in a London Court, following what prosecutors are calling the largest seizure ever of bitcoin in the UK. Qian, who also went by the name Yadi Zhang, was sentenced to 11 years and eight months on Tuesday after pleading guilty to ha

Bitcoin Price Analysis: BTC Still at Risk of a Sub-$100K Drop Amid a Weak Bounce

Bitcoin Price Analysis: BTC Still at Risk of a Sub-$100K Drop Amid a Weak Bounce

Bitcoin is attempting a recovery after the recent shakeout, trading around the $105K mark. The bounce came after a steep demand downtrend, but it now faces strong overhead resistance and weakening on-chain participation. Buyers are stepping in, but the structure suggests the move might only be a rel

China raises alarm over alleged US role in one of the largest Bitcoin hacks

China raises alarm over alleged US role in one of the largest Bitcoin hacks

China’s national cyber defense agency has made big claims around the alleged role of the US in the multibillion-dollar hack of LuBian, once a major Chinese Bitcoin mining pool.The Chinese National Computer Virus Emergency Response Center (CVERC), a state-backed cyber defense agency, on Sunday publis