News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
1Bitcoin Whale’s $360M Transfer May Signal Further Rotation Into Ether and Potential Selling Pressure2Bitget Daily Digest(October 9)|UK FCA lifts retail ban on crypto ETNs; Linea to unlock 1.08 billion tokens tomorrow; Bitcoin ETF sees net inflow of 7,743 BTC in a single day.3BlackRock’s Bitcoin ETF May Signal Institutional Shift as Record Crypto ETF Inflows Push Bitcoin to $126,223
Flash
- 12:49US-listed company Rezolve Ai acquires Subsquid and will purchase SQD tokensChainCatcher news, Nasdaq-listed company Rezolve Ai announced the acquisition of Subsquid. The specific acquisition amount has not been disclosed. The company will also purchase SQD tokens and will change its name at an appropriate time after obtaining approval from regulators and exchanges. SQD tokens will be acquired into the Rezolve Ai treasury each year.
- 12:49Ethereum developers release Kohaku roadmap aimed at enhancing wallet privacy and securityChainCatcher news, according to Cointelegraph, Ethereum developers have unveiled a new roadmap called Kohaku, aiming to enhance wallet privacy and security through a modular framework. The project was announced in a blog post by Ethereum Foundation coordinator Nicolas Consigny, with plans to build a set of privacy and security foundational components. The core of Kohaku is to develop a software development kit (SDK) and a reference wallet to demonstrate the practical effectiveness of the tools. The first version will be presented as a browser extension based on the Ambire wallet, targeting advanced users. Kohaku is being co-developed with well-known teams such as Ambire and Railgun, and is an open-source project, allowing developers to contribute code via GitHub. Its main goal is to reduce wallets' reliance on centralized services for traceable transactions, including features such as private sending and receiving, and it also plans to use tools to add social recovery options. In the long term, the team is committed to elevating wallet security to the device level and creating a native Ethereum browser to ensure secure user interactions.
- 12:42Research: The scale of crypto assets related to illegal activities and accessible to law enforcement has exceeded $7.5 billion, and countries may follow the US in seizing them as reserves.BlockBeats News, October 9, according to Bloomberg, Chainalysis research shows that cryptocurrency assets related to illegal activities and "on-chain" within the reach of government law enforcement agencies have exceeded $75 billions. Governments around the world may learn from the U.S. approach of confiscation as reserves. U.S. Treasury Secretary Scott Besant stated in August this year that the United States has currently confiscated about $15 billions to $20 billions worth of bitcoin. Chainalysis found that by 2025, the on-chain balance of illegal entities will be close to $15 billions, and downstream wallets (with at least 10% of funds coming from crime) hold more than $60 billions. Cryptocurrencies controlled by darknet market administrators and vendors exceed $40 billions. Of the $15 billions directly held by illegal actors, bitcoin accounts for about 75%. Together with ethereum and stablecoins, this figure has surged 359% compared to five years ago. Downstream wallets show a similar trend, with darknet-related wallets having a compound annual growth rate of over 200%. However, whether authorities can actually seize these $75 billions remains in doubt. Although law enforcement agencies have significantly intensified their crackdown on cryptocurrency crime in recent years, the skills, international cooperation, and funding required to identify, track, and confiscate criminals' digital assets are still a major challenge.
Trending news
More1
Research: The scale of crypto assets related to illegal activities and accessible to law enforcement has exceeded $7.5 billion, and countries may follow the US in seizing them as reserves.
2
Federal Reserve "No. 3" Strongly Supports Further Rate Cuts: Prefers Protecting Employment Over Fearing Inflation