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On October 14, 2025, the U.S. District Court for the Eastern District of New York unsealed an indictment, announcing criminal charges against Chen Zhi, founder of Cambodia’s Prince Group—and simultaneously freezing and confiscating 127,271 Bitcoins under his control.Based on the price of the currency at that time, these assets were valued at approximately $15 billion. This was the largest cryptocurrency forfeiture in the history of the U.S. Department of Justice and the most significant virtual asset forfeiture case in history…Even more shocking was the discovery that these BTCs were not stored in exchange accounts but were instead stored in a…
FTX founder Sam Bankman-Fried’s (SBF) odds of being pardoned by U.S. President Donald Trump rose amongst Polymarket bettors on Thursday following news that he had granted clemency to Binance founder Changpeng ‘CZ’ Zhao, a poll on the decentralized prediction market shows.SBF Sees Pardon Odds Leap on PolymarketAccording to the poll labeled “Who will Trump pardon in 2025,” Bankman-Fried’s odds of being pardoned rose by more than 6% within a 24-hour span.On Thursday morning, Bankman-Fried’s odds of being pardoned held steady at 6%. However, they rose to 12.5% by Thursday night.By Friday afternoon, Bankman-Fried’s odds of being pardoned hovered around 9.7%.FTX…
Bitcoin’s (BTC) long-time whales, once the fiercest champions of self-custody, may be losing some of their grip on the market as more migrate toward the comforts of traditional finance. Earlier this week, a BlackRock executive revealed that several of Bitcoin’s earliest holders are quietly swapping portions of their spot positions for exchange-traded funds (ETFs), gaining access to broader wealth management tools in the process.While ETFs and spot Bitcoin have traditionally served different audiences, onchain data suggests the rise of spot ETFs may be coming at the expense of self-custody. According to analyst Willy Woo, the amount of self-custodied Bitcoin recently…
Singapore, Singapore, October 24th, 2025, Chainwire$RIVER reached a new all-time high $10, up 5x since its TGE on Sept 22, following the token’s Binance Futures listing on Oct 17.The surge was driven by growing market attention on River’s Dynamic Airdrop Conversion, the first time-encoded tokenomics mechanism that connects conversion behavior to time-based value.Dynamic Airdrop Conversion: Time as a VariableMost airdrops that end once tokens are claimed, River’s Dynamic Airdrop Conversion begins at that moment. The mechanism introduces time-encoded tokenomics — allowing users to convert River Pts (ERC-20) into $RIVER at any time within 180 days after TGE.River Pts, the ecosystem points…
The rapid advancement of quantum computing technology is raising alarms about its potential implications for Bitcoin (BTC) and other blockchain-based cryptocurrencies, as reported by CoinMarketCap. The surge in quantum stocks, fueled by recent developments, has cast a shadow over the crypto market, highlighting the possible vulnerabilities that quantum computing could exploit. Quantum Computing’s Rising Influence Quantum computing, a field that leverages the principles of quantum mechanics, has recently gained significant attention. On October 23, reports surfaced that the Trump administration was considering taking equity stakes in major quantum computing firms. This announcement, coupled with Google’s recent breakthrough in quantum computing,…
Artificial Intelligence (AI) and High Performance Computer (HPC) mining stocks are rallying pre-market following news of the largest AI infrastructure financing on record, according to Bloomberg. Cipher Mining (CIFR) and IREN (IREN) are both up 7%, while Bitfarms (BITF) has jumped 12%, as investors rotate back into AI-exposed assets after a recent correction. The rebound comes as banks prepare a $38 billion debt sale to fund two major data centers tied to Oracle Corp (ORCL), in what would be the biggest financing ever for AI infrastructure.The debt is split into two senior secured credit facilities: $23.25 billion for a Texas…
White House AI and Crypto Czar David Sacks says he believes the U.S. is in an “excellent position” to pass market structure legislation ahead of the end of the year.David Sacks Expresses Optimism Over Key Crypto BillIn an October 23 X post, Sacks said he believes that the U.S. may be set to pass the long-awaited crypto legislation “with bipartisan support” before the end of 2025.Sacks also noted he had “productive meetings with leading Democratic members” as U.S. lawmakers convened over finding a way to advance the crypto policy forward.“This will finally bring much-needed regulatory clarity to the crypto industry,…
Major hardware crypto wallet providers Ledger and Trezor have both released new wallet iterations, giving users additional options to safeguard their assets through self-custody.Paris-based Ledger introduced its latest device, the Ledger Nano Gen5, on Thursday. In a notable shift, the company has dropped the term “hardware wallet” entirely, now referring to all its devices as “Ledger signers.”Rival hardware wallet company Trezor, based in Prague, also released its Trezor Safe 7 earlier this week, describing the device as its first quantum-ready hardware wallet.As both Ledger and Trezor have been supplying self-custody devices for over a decade, Cointelegraph took a closer look…
Dubai, United Arab Emirates, October 23rd, 2025, ChainwireROBA, The People’s Robotics Platform, today announced the first publicly available version of its open, interoperable robotics ecosystem, positioning itself as “The Hugging Face of Robotics”. ROBA is launching to redefine the robotics industry, which is projected to hit $218 billion by 2030, by empowering creators and eliminating proprietary stacks.The current robotics landscape is fractured, closed, and forces every new idea to start from scratch, leading to frustration instead of innovation. ROBA delivers a solution that simplifies the workflow through no-code enablement, eliminating the need for the 10+ fragmented platforms previously required to…
Road Town, British Virgin Islands, October 23rd, 2025, ChainwireDecentralized trading platform Aster announced today the debut of its new initiative, Rocket Launch, designed to accelerate early-stage projects by driving liquidity and trading activity, while giving users early access to emerging on-chain opportunities.Aster Rocket Launch aims to transform token launches from one-time market events into a continuous journey — from alpha discovery to trading activation and sustained growth. Participants can join by trading designated token pairs, with rewards distributed proportionally based on their trading volume share.Empowering Users Through Participation and HoldingEach Rocket Launch campaign features a reward pool composed of both…