Malone Lam, 22, is set to appear in a Washington, D.C. federal court for a plea hearing in a case involving the theft of over 4,100 Bitcoin valued at $230 million. He allegedly led a criminal group that used social engineering to impersonate Google and Gemini representatives, tricking a victim into giving account access. This is the first Bitcoin-related case prosecuted under the RICO Act, with charges including racketeering, wire fraud, and money laundering. Authorities have recovered about $70 million, but $193 million remains missing, highlighting challenges in tracing stolen cryptocurrency. If convicted, Lam faces up to 20 years per charge, with co-defendants already receiving significant prison sentences.
Filecoin's token price closed at $1.15 on Oct. 16 with decentralized exchange volume at $746,059 as the Solstice upgrade nears. The upgrade, scheduled for Oct. 19, will reduce daily FIL supply additions by about 75% by ending vesting from 2020 alloca...
Google's new Willow quantum chip significantly reduces errors in preparing 'magic states,' a crucial step in quantum computing that could eventually break Bitcoin wallet security. The chip achieves about 99.99% fidelity in these states but only succe...
Ballard Power Systems announced a conference call on November 16, 2026, to discuss its third quarter 2026 operating results. The call will be accessible via phone and webcast, providing investors insights into the company's performance. Ballard is a ...
Santiment reported a new record with 20,338 Bitcoin wallets holding between 10 and 10,000 BTC, marking an all-time high. The data counts wallet addresses by balance, not individual owners, meaning one entity could control multiple wallets or an excha...
Dogecoin's 50-day moving average was close to crossing below its 200-day moving average on October 16, a technical signal known as a daily death cross. This follows a golden cross formed on October 5 when the 50-day average rose above the 200-day ave...
