Bitcoin withdrawals from Binance accelerated to their strongest weekly level in more than three years in late September, while large investors simultaneously increased stablecoin transfers to the exchange, creating an unusual combination of falling available BTC supply and rising potential buying power.CryptoQuant data show Binance recorded net outflows of 23,137 BTC during the seven days
Adam Iza, the 26-year-old cryptocurrency businessman who called himself “The Godfather,” has been sentenced to 78 months in federal prison for a scheme that stole more than $37 million from Meta Platforms, tax evasion and using off-duty Los Angeles County sheriff’s deputies to target people with whom he had disputes.U.S. District Judge Percy Anderson also
Ondo Finance is expanding from tokenized public securities and Treasurys into private markets, launching a platform that gives eligible non-U.S. investors economic exposure to individual private companies through transferable blockchain-based notes.Ondo Private Markets will initially offer a tokenized note referencing an unnamed pre-IPO artificial intelligence company, with secondary-market trading expected to begin this week. Ondo
Blockchain investigator ZachXBT says he infiltrated a Chinese organized crime network that handled more than $1 billion in cryptocurrency linked to North Korean hacking operations, using $349,700 of his own USDC to pose as a customer and collect intelligence on how stolen funds were being moved.The investigation centered on laundering activity following the February 2025
The Ethereum Economic Zone has executed what its developers describe as the first atomic transaction between Ethereum mainnet and a layer-2 network, moving synchronous cross-layer composability from a development concept onto live mainnet infrastructure.EEZ contributor Eduardo Antuña Díez disclosed the transaction on October 6, describing it as the first atomic cross-chain L1-to-L2 transaction. Transaction logs
Hyperliquid’s October token unlock is considerably smaller than the headline figure appearing on some vesting calendars, with 3.75 million HYPE being released for the team rather than the roughly 9.9 million HYPE nominally scheduled on paper.The distinction matters because the larger figure has fueled expectations of nearly $900 million in new supply potentially entering the
U.S. crypto ETFs opened the week with broad outflows on Monday, October 5, as Bitcoin, Ether and Solana products collectively lost approximately $117.9 million despite cryptocurrency prices remaining near recent highs.Bitcoin ETFs accounted for most of the decline, recording $89.8 million of net outflows. Ether products lost $18.9 million, while Solana ETFs posted $9.2 million
BitMine Immersion Technologies has acquired another 15,112 ETH worth roughly $41 million, extending its uninterrupted weekly Ethereum buying campaign as Chairman Tom Lee’s company closes in on its target of owning 5% of the cryptocurrency’s supply.BitMine disclosed on October 5 that it bought the tokens during the week through October 4, taking its total holdings
Polymarket has unveiled Protocol V2, the next generation of its onchain prediction-market infrastructure, and is targeting November 2 for a full mainnet switchover from its existing protocol.The upgrade represents a substantial change to the infrastructure underlying Polymarket’s markets rather than simply a redesign of its consumer application.V2 introduces updated smart contracts and market architecture intended
Coinbase says it is working with financial advisers at six global banks on increasing exposure to Bitcoin, as traditional wealth-management businesses move deeper into digital assets.The disclosure came from Coinbase Institutional, which said discussions with advisers at major global banks increasingly concern how much Bitcoin clients should hold rather than whether they should have cryptocurrency