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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…

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Polymarket has surpassed $20 billion in total trading volume and has confirmed plans to launch its native POLY token. The team also confirmed plans to airdrop tokens for its investor base. Polymarket Confirms POLY Token Launch and Airdrop Matthew Modabber, Polymarket’s Chief Marketing Officer, revealed during a podcast appearance that the team is preparing to roll out the POLY token. They also announced a retroactive airdrop for loyal users.  According to Modabber, the project’s goal is to create a token with real, long-term utility rather than a short-term hype-driven launch. “We could have released it earlier, but doing it right…

Spot Ethereum exchange-traded funds (ETFs) have logged two straight weeks of outflows amid cooling investor sentiment after months of strong inflows. According to data from SoSoValue, Ether (ETH) products collectively posted $243.9 million in net redemptions for the week ending on Friday, following the previous week’s $311 million outflow.The latest data brings cumulative inflows across all Ether spot ETFs to $14.35 billion, with total net assets standing at $26.39 billion, representing about 5.55% of Ethereum’s market cap. On Friday, the funds also $93.6 million in outflows. BlackRock’s ETHA ETF led withdrawals with $100.99 million in outflows, while Grayscale’s ETHE and…

The global crypto capitalization nears $3.7 trillion, recovering steadily after the sharp downturn triggered by the U.S. imposing 100% tariffs on Chinese tech exports. Bitcoin now trades close to $108,000, while Ethereum sits near $3,900, as market participants refocus on core blockchain infrastructure and projects backed by strong fundamentals.Amid this recalibration, three sectors,  AI integration, data privacy, and scalability,  are driving renewed confidence. Leading this transformation are Bittensor (TAO), Zcash (ZEC), and BlockDAG (BDAG). Each is strategically positioned to meet essential demands shaping the blockchain’s evolution: intelligence, confidentiality, and processing efficiency. Together, these projects reflect what may be the leading…