The U.S. Department of Justice has seized 127,271 bitcoins valued at about $15 billion in a landmark forfeiture case linked to global crypto scams, fraud, and organized crime. The case targets Cambodian national Chen Zhi and his conglomerate, Prince Holding Group, accused of wire fraud and money laundering. This action is part of broader FBI and DOJ efforts, including Operation Blackout, to dismantle scam compounds across Asia and beyond, involving cooperation with tech firms like Starlink. The crackdown aims to protect victims and disrupt transnational criminal networks exploiting cryptocurrency fraud.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
