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The U.S. Department of Justice rounded up several convictions in its pursuit of domestic helpers in schemes by the Democratic People’s Republic of Korea to pocket large amounts of cryptocurrency, and it also seized assets from cyber heists targeting crypto platforms, the department said in a Friday statement.The five guilty pleas announced by the DOJ were connected to individuals that aided North Korea in getting U.S. jobs for fraudulent information-technology workers, obtaining stolen U.S. identities for the workers and helping mask their geographic origin as the IT employees pulled down paychecks from dozens of U.S. businesses. Probes conducted by the…

Cryptocurrency exchange OKX has revealed its plans to list USDT-margined perpetual futures for SEI, set to go live on November 14, 2025, at 07:30 UTC. This move marks an expansion of OKX’s derivatives offerings, catering to traders interested in SEI pairs. Details of the SEI Perpetual Futures The newly introduced SEI/USDT perpetual futures will feature a settlement in USDT, with a face value of 10. Traders can utilize leverage options ranging from 0.01x to 50x. The trading hours for these futures are set to be 24/7, providing continuous access to the market. Pricing for the futures will be based on…

Bitcoin’s (BTC) price has struggled to regain momentum following Wednesday’s drop to $100,700, leaving BTC down roughly 3.5% on the weekly candle. Market data shows long-term holders have sold more than 815,000 BTC over the past 30 days, intensifying the focus on lower liquidity pockets. Analysts now point to the June 2025 lows near $98,000 as the next likely target if volatility accelerates.Key takeaways:Liquidity clusters show downside pressure building near $98,000 for Bitcoin.A fourth retest of $102,000 to $100,000 support signals a weakening structure.Futures trader positioning remains long-heavy despite rising technical risks.BTC liquidity compression intensifies downside focusAnalysts tracking BTC’s liquidity…

HBAR retreated 3.5% from $0.1817 to $0.1754 during Wednesday’s session, breaking key support despite institutional flows reaching $68 million through ETF channels. The token faced rejection at $0.1805 resistance following a morning spike that peaked at $0.1802 on significant volume—79% above daily averages.Volume dried up following the initial morning surge, suggesting institutional buyers stepped back while retail participants drove the late-session weakness. The 4.5% intraday range reflects heightened volatility despite muted cryptocurrency market conditions.HBAR’s price weakness contrasts sharply with institutional positioning through the Canary HBAR ETF, which accumulated $68 million over six trading sessions. Thirteen total ETF filings now include…

Anichess, the innovative Web3 chess platform developed by Animoca Brands in collaboration with Chess.com, has announced the integration of the CHECK Token (CHECK) into its gaming ecosystem, according to Animoca Brands. This integration marks a significant step in enhancing the platform’s gaming experience by aligning rewards with players’ skills and strategic decision-making. CHECK Token: A New Era of Skill-Based Rewards The CHECK Token is designed to reward players based on their skill, creativity, and contributions to the community, rather than just click activity. With a fixed supply of 1 billion tokens, 59.38% is allocated for community and ecosystem growth, fostering…

Cryptocurrency-based yield products still lag far behind their traditional finance (TradFi) counterparts, but new blockchain sectors such as liquid staking tokens (LSTs) and real-world assets (RWAs) are steadily closing the gap, according to a new report co-authored by RedStone Oracles, Gauntlet, Stablewatch and the Tokenized Asset Coalition, shared with Cointelegraph.Only 8% to 11% of cryptocurrencies offer passive yield-generating models, indicating a significant gap compared to 55% to 65% of TradFi assets, roughly a fivefold disparity, the report found. However, stablecoins, RWAs and “blue-chip” yield tokens are rapidly closing decentralized finance’s (DeFi) passive income gap.Emerging regulations, such as the Guiding and…

The Canton Network said that Franklin Templeton’s Benji Technology Platform is now live on its blockchain, expanding the asset manager’s presence in regulated digital markets and giving institutional investors wider access to tokenized investment products.The move links Franklin Templeton’s blockchain infrastructure to Canton’s Global Collateral Network, a distributed system designed to connect traditional finance with on-chain markets. The integration gives market makers and institutions a new source of liquidity and collateral while maintaining compliance and privacy standards, according to an emailed announcement on Wednesday.Tokenization is the process by which real-world assets (RWA) are converted into blockchain-based tokens. In a report…

Academy Award-winning actor Matthew McConaughey has been unveiled as a long-standing investor and supporter of ElevenLabs, an AI-driven audio company. The announcement was made during ElevenLabs’ inaugural Summit, highlighting McConaughey’s multifaceted involvement with the company, according to ElevenLabs. Expanding Horizons with AI McConaughey, known for his distinctive voice and storytelling prowess, announced the expansion of his newsletter, ‘Lyrics of Livin’,’ into a Spanish language version. This new iteration will utilize ElevenLabs’ cutting-edge technology to deliver his stories in Spanish audio, broadening his audience reach significantly. “I’m proud to share that I’ve been an investor in ElevenLabs for several years now,”…

Gemini Space Station (GEMI), the crypto exchange founded by Tyler and Cameron Winklevoss, reported a deeper-than-expected third-quarter loss in its first earnings release since going public.Heavy spending, particularly on marketing and IPO-related costs, led to a net loss of $159.5 million, or $6.67 a share, in the period. That was double the $3.24 loss-per-share forecast by analysts. The company’s shares slid 8.67% in pre-market trading to $15.38 even though revenue more than doubled from the year-earlier period to $50.6 million.Increased trading activity and non-exchange products like a crypto rewards credit card and staking services boosted revenue growth, which outpaced Coinbase’s…

Key takeawaysTether operates a Treasury- and repo-heavy balance sheet, holding $181.2 billion in reserves against $174.5 billion in liabilities, leaving $6.8 billion in excess.High interest rates have turned those reserves into profit, generating more than $10 billion in interest income so far in 2025, which is uncommon for a typical crypto issuer.It exercises policy-style levers by freezing sanctioned wallets, shifting supported blockchains and allocating up to 15% of profits to Bitcoin.The central bank comparison has limits. Tether has no public mandate or backstop, relies on attestations instead of full audits and depends on private counterparties.Tether no longer looks like a…