Woman Convicted in Bitcoin Laundering Linked to Alleged $6B China Fraud

Major Bitcoin Seizure Unveils Chinese Scam: Jian Wen on Trial

UK authorities seize $1.8 billion in Bitcoin linked to a $6.3 billion Chinese scam. Jian Wen faces trial for money laundering in connection with fugitive Yadi Zhang. The case highlights global efforts against cryptocurrency-related crimes.

Solana Meme Coin WEN Surges 33%, Overtakes SHIB's Trading Volume Post-Airdrop

Solana's WEN rises 33.45% to $0.00014, $141.73M cap. Outpaces SHIB in volume. Token burn speculation. Jupiter's JUP launch on Jan 31.

WEN Token Makes Waves in Solana's Seas

Solana's DeFi aggregator Jupiter is set to launch the meme coin WEN, with a significant portion distributed to over a million eligible wallets.

Hackers Stole Over $6b From DeFi Protocols in 2022

In 2022, there was a spike in hacking activities in the decentralized finance (DeFi) sector.

MakerDAO MKR Votes on $1.6B USDC Coinbase Deposit

MakerDAO (MKR) is planning to deposit $1.6 billion in USDC on Coinbase Prime to earn a yield of 1.5% per year. A poll on the proposal is three days away from closing. The decision could set the DeFi protocol on the path to centralization.

Cointelegraph Chinese & CGV Research Vane | Weekly Report on Global Encryption Market Investment and Financing Trends (2022.6.6-6.12)

With further regulatory clarity, some cryptocurrency experts and traditional hedge funds are currently optimistic about crypto assets.

Cointelegraph Chinese & CGV Research Vane | Weekly Report on Global Encryption Market Investment and Financing Dynamics (2022.6.20-6.26)

Solana NFT Marketplace Magic Eden closes $130M Series B round at $1.6B valuation

Magic Eden accounts for over 90% of NFT trading volume on Solana.

Cointelegraph Chinese & CGV Research Vane | Weekly Report on Global Encryption Market Investment and Financing Trends (2022.6.13-6.19)

Update: Mt. Gox 6,800 BTC not linked with ex-CEO‘s plans to redistribute $6B

While initial reports suggested that a cold wallet linked to Mt. Gox transferred 6,800 BTC, F2pool founder later confirmed that the address was associated with the early miners of F2Pool and not Mt. Gox.