UK Sends 2 to Prison for Combined 12 Years for Crypto Scam

The UK has sentenced two men to a combined total of 12 years in prison after they admitted to running a crypto scheme that stole over 1.5 million British pounds ($2 million) by cold-calling victims.  The Financial Conduct Authority said on Friday that a central London court handed the scheme’s operators, Raymondip Bedi and Patrick…

BNB Rally To $719 Possible After Maxwell Upgrade

Key point: BNB Smart Chain’s Maxwell upgrade, which, according to the BNB Chain team, is “a technical leap forward for faster blocks, better validator coordination, and smoother network performance,” went live on Monday. How has BNB’s (BNB) price responded to the latest upgrade? Could buyers propel the price above the overhead resistance? Let’s analyze the…

Elon Musk’s America Party Will Embrace Bitcoin

Tesla CEO and tech entrepreneur Elon Musk has confirmed that his newly formed political party — the America Party — will accept Bitcoin. “Fiat is hopeless, so yes,” Musk replied to an X user who asked if his new party would embrace Bitcoin. Source: Elon Musk Musk’s crypto ties Elon Musk is no stranger to…

Russia’s Energy Ministry Launches Crypto Mining Register

Russia’s energy ministry has launched a national registry of crypto mining rigs to weed out miners that dodge tax payments and illegal setups that steal power from the grid.  State-run newspaper RIA Novosti said in a report on Friday that the Russian Ministry of Energy, the Federal Tax Service and the Ministry of Digital Development…

TON Coin Erases Some Gains After Golden Visa Clarification

The native cryptocurrency of The Open Network has retraced 6% from its 24-hour high after United Arab Emirates regulators refuted claims that staking Toncoin (TON) could create a pathway to UAE residency. Toncoin initially shot up 10% to $3.03 on Sunday after The Open Network claimed that applicants staking $100,000 worth of Toncoin for three…

Trump Claims Musk ‘Off The Rails’ For Making Political Party

US President Donald Trump has lashed out at his former cost-cutting czar, Elon Musk, after the world’s wealthiest man said he is launching a political party to challenge the US two-party system.  “I am saddened to watch Elon Musk go completely ‘off the rails,’ essentially becoming a TRAIN WRECK over the past five weeks,” Trump…

LTC Eyes Q4 Breakout Amid ETF Hopes And Bullish Data

Key takeaways: LTC’s spot cumulative volume delta flipped positive for the first time since December 2024, signaling a positive shift in market sentiment. A potential LTC ETF could trigger institutional investor demand and align with its historically strong Q4 performance. Litecoin (LTC) has slipped below the $90 mark, and while the price action may appear…

Michael Saylor’s (MSTR) Bitcoin Buys Aren’t Making up for Slowing Spot Demand

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Asia begins a new trading week, bitcoin is changing hands…

Bill Miller Challenges the Logic Behind Taxing Bitcoin

Governments have no right to tax Bitcoin because managing ownership rights requires no administrative efforts, says Miller Value Partners chief investment officer Bill Miller IV. “For them to reach their hand in there doesn’t make a ton of sense,” Miller told Natalie Brunell on the Coin Stories podcast on Wednesday. Blockchain records ownership, not the…

Vitalik Proposes 16.77M Gas Cap for Ethereum to Enhance Security

Ethereum co-founder Vitalik Buterin and researcher Toni Wahrstätter have put forward EIP-7983, which aims to introduce a protocol-level cap on transaction gas usage to increase network security and performance. The proposal sets a maximum gas limit of 16.77 million (2²⁴) for individual transactions. “By implementing this limit, Ethereum can enhance its resilience against certain DoS…