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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…

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…

Oracle provider RedStone has integrated event-driven market data from the US Commodity Futures Trading Commission (CFTC)-regulated financial exchange and prediction market Kalshi across over 110 blockchains, expanding access to real-world prediction data for decentralized applications (DApps).RedStone announced the partnership with Kalshi on Thursday, bringing its prediction market data to more than 110 networks, including Ethereum, Solana, Base, The Open Network and Sui. The integration allows DApps to access Kalshi’s data sets that cover events like elections, interest rate decisions and cultural moments like musician Taylor Swift’s live television appearances. The CFTC regulates Kalshi as a designated contract market (DCM), which means…

A new report by Keyrock finds protocols increasingly prioritize payouts over reinvestment.Tokenholder payouts through buybacks and direct distributions have grown more than fivefold since 2024, as crypto projects increasingly return revenue to holders rather than reinvesting it into growth, according to a new report from global investment firm Keyrock.The report examined 12 major crypto projects and found that, on average, 64% of total revenue was distributed to tokenholders. This marks a shift from when most decentralized projects spent their funds on product development, marketing, and community programs instead of direct payouts.By contrast, a Messari report of 10 DAOs found that…

World, OpenAI CEO Sam Altman’s digital identity project, formerly known as Worldcoin, is expanding into prediction markets by integrating Polymarket.World App, a mobile application that combines a digital wallet with World’s decentralized identity tool, World ID, has integrated the Polymarket App, the company announced on Tuesday.“World App users can download and access the new Mini App today in countries where Polymarket’s services are permitted,” the announcement said.Both World App and Polymarket have faced usage restrictions globally, as Polymarket is yet to relaunch in the US after securing approval by the US Commodity Futures Trading Commission.World App users can bet on…

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3576.17, up 1.3% (+44.29) since 4 p.m. ET on Wednesday.Fifteen of 20 assets are trading higher.Leaders: SOL (+4.5%) and BCH (+2.0%).Laggards: APT (-1.3%) and LTC (-1.1%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

Opinion by: Senator Cynthia Lummis When people think of digital assets and financial innovation, they often picture Silicon Valley or Wall Street. Wyoming, with its vast open spaces, unique economy and remote communities, however, makes a compelling case for why digital assets, fintech and open banking are so important. The US Congress passed Section 1033 of the Dodd-Frank Act in 2010, requiring the Consumer Financial Protection Bureau (CFPB) to ensure consumers could access and own their own financial data. The open banking section of this law is a bright spot. Wyoming as a winnerFor example, if a mother in Lovell who kept her money at Big…

Whales controlling 100K–1M LINK wallets are ramping up holdings. Chainlink (LINK) maintained stability above $21 and occasionally tested the $22 level during early October. Midway through the month, LINK’s price dropped sharply amidst the devastating market downturn last week, and broke below $18, briefly dipping to about $16. Although there were a few recovery attempts, the asset could not regain its earlier momentum. However, as it currently hovers near $17.5, top investors keep adding the token to their stacks. LINK Whale Wallets Are Swelling Chainlink whales and sharks holding between 100,000 and 1 million LINK tokens have continued their…

Crypto mining rig maker Canaan (CAN) is entering a stronger phase of growth, according to Wall Street broker Benchmark, which raised its price target on the company’s American depositary receipts (ADRs) to $4 from $2 and reiterated its rating on the stock.The shares were 5% higher in early trading on Thursday, around $1.79.Benchmark analyst Mark Palmer said the company’s outlook has brightened now that Nasdaq has confirmed Canaan regained compliance with listing rules, removing a key overhang that had dampened liquidity and investor interest. With that issue resolved, Palmer said attention can return to improving fundamentals, particularly rising demand for…

Crypto mining rig maker Canaan (CAN) is entering a stronger phase of growth, according to Wall Street broker Benchmark, which raised its price target on the company’s American depositary receipts (ADRs) to $4 from $2 and reiterated its rating on the stock.The shares were 5% higher in early trading on Thursday, around $1.79.Benchmark analyst Mark Palmer said the company’s outlook has brightened now that Nasdaq has confirmed Canaan regained compliance with listing rules, removing a key overhang that had dampened liquidity and investor interest. With that issue resolved, Palmer said attention can return to improving fundamentals, particularly rising demand for…