According to the announcement of the U.S. Department of Justice, Daren Li, who holds dual citizenship of China and St. Kitts and Nevis (China does not recognize dual citizenship), admitted to participating in a $73.6 million cryptocurrency "pig killing" scam and pleaded guilty to conspiracy to launder money. The U.S. Department of Justice said that Li and his accomplices laundered money through a network of shell companies and international bank accounts, instructing accomplices to open U.S. bank accounts in the name of shell companies and supervise the conversion of victims' funds into USDT, and then transfer these funds to cryptocurrency wallets controlled by them. Although Li committed crimes outside the United States, he was eventually arrested at Atlanta International Airport in April this year and will face up to 20 years in prison. The case will be formally sentenced on March 3, 2025.

Market data shows that HIPPO rose above 0.025 USDT, with a 24-hour increase of 115%, and its market value is temporarily reported at US$264 million.

Ronin’s Katana DEX will undergo a v3 upgrade, enhancing liquidity efficiency and reducing RON emissions as rewards adjust for better capital utilization. source: https://cointelegraph.com/news/ronin-katana-dex-v3-upgrade-liquidity?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin’s correlation with gold prices has fallen to its lowest level in nearly a year following Donald Trump’s recent election victory on Nov. 5. According to K33 Research, the 30-day correlation between Bitcoin and gold stands at -0.36, its lowest level since December 2023. In correlation terms, a value of 1 signifies a perfect positive […] The post Bitcoin’s correlation with gold hits... source: https://cryptoslate.com/insights/bitcoins-correlation-with-gold-hits-lowest-level-in-a-year-post-donald-trump-victory/

Investigators have specified twelve lead figures in the crypto scheme, primarily led by a YouTuber with more than 620,000 subscribers. source: https://www.theblock.co/post/326206/south-korea-arrests-215-in-232-million-crypto-scheme?utm_source=rss&utm_medium=rss

QCP Capital released a research report saying, "Bitcoin (BTC) has entered a new phase, consolidating its position as a treasury asset increasingly held by companies, governments and institutions after nearly breaking through the $90,000 mark. Demand for Bitcoin ETFs set a new record, and the market was hot, with a huge inflow of $2.28 billion in three days. After last week's US election, Bitcoin ETFs attracted $1.8 billion in funds and started this week strongly, with another $1.1 billion in net inflows. Obviously, the market is adapting to Bitcoin's new highs, and demand has never been so strong. On the other hand, the activity of Meme coins has also accelerated. DOGE soared on Tuesday night, continuing the post-election rebound after Trump announced the establishment of the "Department of Government Efficiency" (abbreviated as "DOGE"). Elon Musk and former Republican candidate Vivek Ramaswamy will lead this new department, which plans to "dismantle government bureaucracy, cut excess regulations, and streamline federal agencies." DOGE once soared nearly 20%, trading at $0.37 in the morning, and briefly touched $0.43. Since Election Day, DOGE It has risen by 153%, outperforming Bitcoin's 30% gain, and has recently surpassed XRP to jump to sixth place in market capitalization. The focus today is on the release of CPI and core CPI, which are expected to stabilize at 0.2% and 0.3% in October, and the annualized CPI is expected to rise by 2.6%. The market is pricing in the last rate cut at the December meeting with a probability of 70%, but today's CPI data, the upcoming PCE data on November 27, and possible policy changes from Trump may all affect the Fed's final decision. "

According to the official announcement, Binance will launch HIPPOUSDT and 1000XUSDT perpetual contracts at 12:30 (UTC) on November 13, 2024, supporting up to 75 times leverage. (This newsletter is generated by AI)

web3ニュースをポッドキャストで！ ブロックチェーン・仮想通貨（暗号資産）・フィンテックについてのニュース解説を「あたらしい経済」編集部が、平日毎日ポッドキャストでお届けします。Apple Podcast、Spotif […] source: https://www.neweconomy.jp/posts/430948

ビットコイン（BTC）は、先週CoinDeskが特定した9万ドルの抵抗水準で強気の息抜きをしている。外為トレーダーがドル指数（DXY）の上昇に注目し、ドル高によ ... The post ビットコイン、9万ドルの壁にぶつかる──ドル高で上昇が鈍化する可能性も first appeared on CoinDesk JAPAN（コインデスク・ジャパン）. source: https://www.coindeskjapan.com/261612/

Daren Li oversaw the transfer of more than $73 million away from crypto scam victims to wallets he and his co-conspirators controlled. source: https://www.coindesk.com/policy/2024/11/13/money-launderer-who-moved-scam-victims-funds-faces-up-to-two-decades-in-us-prison/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Beam Chain is Justin’s proposal to redesign the Ethereum consensus layer. The proposal is a further upgrade of Beacon Chain to move closer to Ethereum’s ultimate vision.

China has witnessed one of the deadliest in the country after 35 people were killed and 43 more were injured after a man used his car to go on a rampage at a sports centre in the southern Chinese city of Zhuhai on Monday.

A phishing attack on a cryptocurrency investor led to the theft of 95.3 million GIGA tokens, worth over $6 million, through a fake Zoom link. The hacker quickly sold the stolen tokens, converted them into Solana and stablecoins, and moved the funds to obscure wallets, while the investor is now working with law enforcement to recover the assets.

Market events and investor sentiment drive short-term price fluctuations, but over time, assets generally return to their true fundamental value. This principle is not unique to stocks — it applies to all assets, including physical assets, tokens, and memecoins.

A virtual character, or more precisely, an AI agent - Terminal of Truths (ToT) - is speaking out on the Internet. Through its unique algorithmic logic and wide appeal, it is driving the issuance of $GOAT tokens.

Bhutan’s Bitcoin reserves have now crossed $1 billion, positioning the nation as one of the top holders of cryptocurrency.

Now I say that I am the richest post-00s with the most cash flow, which can be verified on Zhihu. Does anyone object?

A massive cryptocurrency scam in South Korea led to the arrest of 215 people, including a YouTuber who used his platform to promote fake investment schemes. The scam, which targeted over 15,000 investors, defrauded them of around $230 million by selling worthless crypto assets and making false promises of high returns.

Binance Founder CZ playfully mocks “Bitcoin is Dead” critics as Bitcoin hits a new all-time high, underscoring the cryptocurrency’s resilience and defying those who doubted its longevity.

The BRICS bloc has just announced the shocking announcement that it would be backing down on its fights against Dollar.