Author: admin

Two Bitcoin wallets linked by analysts to Silk Road–era activity last moved 3,421 BTC in May this year. Now, follow-on activity on Dec. 10 added a fresh pulse to a year of dormant-supply awakenings.According to the Digital Watch Observatory, the May spends totaled about 3,421 BTC, roughly $322.5 million at the time.The sequence included a 2,343 BTC outlay at block height 895,421 that rerouted outputs into a new SegWit address pattern.On-chain forensics show 31 outputs with consolidation into a new P2WPKH destination, a pattern more consistent with custody housekeeping than immediate exchange deposition.Trackers on Dec. 10 flagged additional consolidation totaling…

In brief Paxful pleaded guilty to federal charges and will pay $7.5 million total in criminal and civil penalties for enabling money laundering and criminal activity on its Bitcoin exchange. The platform processed $3 billion in trades, authorities say, including $17 million to illegal prostitution sites and $500 million involving sanctioned countries like Iran and North Korea. Paxful deliberately avoided compliance controls and failed to identify customers or report suspicious activity, the DOJ alleged, with co-founder Artur Schaback also pleading guilty in July 2024. Paxful Holdings Inc., the firm behind a peer-to-peer Bitcoin exchange that shuttered in 2023, has agreed…

In brief Asian bishops met to draft AI ethics guidelines for ministry use. The regional discussion follows recent Vatican warnings on technology. Once approved, the guidelines will be circulated to churches across Asia. Asian Catholic bishops met in Hong Kong this week to begin drafting the region’s first set of Church guidelines on artificial intelligence, a move aimed at setting guardrails as the technology becomes more embedded in everyday life.According to a report by Vatican News, the meeting opened with Hong Kong’s Cardinal Stephen Chow describing AI as a “gift from God,” a notable shift in tone as Church leaders…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The unexpected “589” post from Solana’s official X account quickly opened up new discussions about whether something significant is forming between Solana and the XRP ecosystem. One of the reactions came from a community figure known as Cobb, who openly wondered if Ripple had just secured a major deal with Solana. Nothing official has been announced, but a detailed breakdown from crypto commentator SonOfaRichard has brought clearer context to the situation. His explanation outlines what may be taking shape with the XRP-Solana connection and why the two…

The SEC-registered transfer agent, Superstate, just enabled direct issuance of SEC-registered shares on Ethereum and Solana, settling primary sales in stablecoins and recording ownership to a transfer agent’s ledger that treats the blockchain as the master file.The company’s Direct Issuance Programs let issuers deliver tokens that represent the same legal equity with voting and dividend rights, paid for with stablecoins and delivered to KYC wallets at real-time prices.The move shifts part of the issuance workflow from DTCC-only infrastructure toward public blockchains while keeping transfer agent controls and securities law obligations intact.The first live implementation is Galaxy Digital, which tokenized its…

In brief QVAC Health stores biometric and activity data locally instead of using cloud servers. The release follows Tether’s $81 million investment in a humanoid robotics startup. The company is yet to explain how its non-crypto ventures fit into its long-term plan. Tether, the issuer of the world’s largest stablecoin, is making an unlikely pivot into consumer health.The company launched a wellness app, QVAC Health Wednesday, marking its latest attempt to diversify beyond the crypto industry.Its rollout comes just days after Tether backed a humanoid robotics firm, signaling a strategy that increasingly relies on reinvesting its interest-income windfall into disparate technology…

In brief Trump Billionaires Club is slated to launch at the end of this year on iOS and Android. Players can earn the TRUMP meme coin via the game, with $1 million worth to be offered up as rewards. The board game-style mobile game will let players make deals and work their way up a leaderboard of billionaires. A licensed Donald Trump-themed mobile crypto game will debut at the end of this year, according to a post Tuesday on X from the account behind the official Trump meme coin on the Solana blockchain.The project describes Trump Billionaires Club as “the…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US President Donald Trump’s name is back in the headlines this week as a Trump-branded mobile game tied to the TRUMP memecoin prepares to go live at the end of the month. The title, called Trump Billionaires Club, is being marketed as a board-style mobile game that will let players buy virtual properties, trade NFT collectibles and use the TRUMP token inside the app. Launch Set For December 30 On App Stores According to the game’s public pages and several crypto outlets, the developer expects an App…

Binance co-CEO Yi He said her WeChat account was hijacked on Dec. 10 after a cell number tied to the profile was reclaimed and could not be recovered at first.The account was later restored after Binance worked with WeChat’s security team, according to a spokesperson cited the same day.Posts that appeared after the takeover promoted a token called “Mubarakah,” and on-chain data shared by Lookonchain pointed to a pump-and-dump that netted about $55,000 before the content was removed.Why Yi He’s WeChat hack matters beyond BinanceThe episode arrived days after Yi He’s elevation to co-CEO was announced at Binance Blockchain Week,…

In brief The OCC found that nine major national banks restricted or denied services to lawful businesses, including crypto firms, based on industry type rather than financial risk. The findings revive concerns about “Operation Choke Point 2.0,” with critics claiming regulators informally discouraged banks from serving digital asset companies. Comptroller Jonathan Gould said the agency is committed to ending efforts that “weaponize finance,” with thousands of complaints still under review. A review of the nine largest national banks showed that they restricted or denied services to customers based on their lawful businesses, like digital assets, rather than financial risk, according…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto pundit JackTheRippler recently drew the community’s attention to Ripple CEO Brad Garlinghouse’s appearance at the Senate Banking Committee hearing. The CEO spoke about XRP amid his talk on how his company is building the “internet of value.” Ripple CEO Talks About XRP During Banking Committee Appearance In an X post, JackTheRippler shared a video of the Ripple CEO at the Banking Committee hearing, where he spoke about Ripple and XRP. Garlinghouse stated that they were building the internet of value, where money moves as easily as…

This piece is featured in the print edition of Bitcoin Magazine, The Freedom Issue. We’re sharing it here as a sample of the ideas explored throughout the full issue. On November 3, 2025, the freedom for developers to build financial privacy software is on trial. Samourai Wallet was a Bitcoin privacy wallet developed by Keonne Rodriguez and William Lonergan Hill. It included specialized privacy tools that mixed the coins of wallet users in ways that required no third-party custody. The service’s servers helped coordinate “mixing” — methods to conceal the origin of coins and offer users some degree of forward…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In the aftermath of a hack that saw attackers steal 44.5 billion won (approximately $30 million) from a Solana hot wallet, Upbit has begun shifting nearly all customer assets into cold storage, a move that now places it among the most conservative platforms globally in terms of online asset exposure. This transition marks one of the strongest security pivots by a major exchange, signaling a broader industry conversation about balancing rapid withdrawals with the need to reduce attack surfaces. As digital asset markets continue to expand, Upbit’s…

In brief GameStop’s third-quarter earnings report included mixed results, and its share price is down following the filing. Its Bitcoin treasury has fallen by $9.2 million in valuation over the past three months. GameStop’s sales are also down but profits are up, albeit only slightly. Video game retailer GameStop’s stock has fallen more than 3% so far on Wednesday after the company revealed that its quarterly sales and profits were stagnant—and that its Bitcoin treasury has dropped in value alongside BTC’s sinking price.GameStop bought $512 million worth of Bitcoin in May, making it one of the many publicly traded U.S.…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Chief Executive Officer (CEO) of Strategy, Phong Le, has revealed the company’s long-term approach to its staggering Bitcoin (BTC) holdings. According to the Strategy executive, the firm currently has no immediate plans to sell any of its 650,000 BTC soon. He emphasized that only dire circumstances could force a Bitcoin sell-off—a scenario he projects will not occur for at least 40 years.    Strategy CEO Confirms 40-Year Bitcoin Hold In an interview with CNBC on December 6, Le addressed questions about Strategy’s approach to Bitcoin and the…