🇺🇸 Is The US Government causing crypto's collapse?

Over the last 3-4 days, US Government wallets have sent a staggering $1.48B worth of $BTC to Coinbase Prime.

Another $62M worth of $wBTC was also sent to the exchange.

The transfers seem to line up pretty closely with $BTC and crypto's poor price performance this week...

Data: Lookonchain

🇫🇷 France has proposed a 31.4% tax on swapping crypto into stablecoins, even when nothing is cashed out.

For example, an investor buys $10,000 of Bitcoin and it rises to $20,000.

If they swap it into a stablecoin, they owe $3,140 in tax, even though they never cashed out.

🇨🇳 China moves to confiscate Bitcoin, XRP, and Dogecoin tied to convicted money launderer

The case involves 61,896 $BTC, plus millions of dollars in $XRP and $DOGE; prosecutors say the scheme defrauded over 102,000 investors of roughly $6B between 2014 and 2017

🕸 Google's Willow chip advances quantum computing, raising fresh questions about Bitcoin's security

A new technique called "magic state cultivation" cuts quantum errors roughly 40x with 99.99% accuracy, but scaling it up remains a challenge before quantum computers could threaten Bitcoin's cryptography.

🇹🇭 Thailand set to allow Bitcoin and Ethereum ETFs to list on its main stock exchange

From Oct. 16, new rules will let Thai investors access Bitcoin and Ethereum through the stock market, with funds required to keep at least 80% of their assets exposed to one crypto asset and to use SEC-regulated custodians.

📰 @Cryptoz » Web3 Crypto Media & Agency

MyDoge, DogeOS and Such App consolidate to form Dogecoin Labs

In partnership with the Dogecoin Foundation, the new initiative aims to expand $DOGE utility by building a broader ecosystem for payments and applications

📰 @Cryptoz » Web3 Crypto Media & Agency

🇨🇳 China targets 2030 to complete a nationwide blockchain network

The country's 15th Five-Year Plan calls for blockchain adoption across trade, finance, manufacturing and agriculture, even as its ban on cryptocurrency trading and related activities remains in place

📰 @Cryptoz » Web3 Crypto Media & Agency

🪙 Indian crypto exchange CoinDCX confirms a $16 MILLION theft just days after its CEO dismissed breach reports as a false alarm

The exchange says user deposits accumulated in vulnerable wallets retired after its $44 MILLION hack in July 2025 when an automated fund-transfer system failed

The admission brings losses from the two incidents to nearly $60 MILLION

CoinDCX says it will cover the latest loss and that user funds remain safe

Onchain investigator ZachXBT, who challenged the initial denials, has urged customers to withdraw their assets

📰 @Cryptoz » Web3 Crypto Media & Agency

🤑 Bitwise projects Bitcoin could reach $1.6 million by 2036

The firm cites rising institutional demand, Bitcoin's fixed supply and concerns over fiat currency debasement. From around $80,600, the forecast implies roughly 20x growth over the next decade

📰 @Cryptoz » Web3 Crypto Media & Agency

💲 A 20 year old Canadian stole 185 bitcoin ( $13M at the time of the theft, $14.8M today ) and walked away with time served

He was caught after bragging about his lavish lifestyle on Discord: together with an accomplice, he spent the money on luxury brands, private jets and Miami parties

By cooperating with investigators, he returned $3.8M and walked free, though he originally faced up to 20 years

📰 @Cryptoz » Web3 Crypto Media & Agency

🤩 Binance, Bybit, Bitget: who else have hackers hit?

BINANCE: $3.5B
BYBIT: $1B
BITGET: $1B

But reports now say the total hack could reach $6B: ETH $3.528B, BTC $1.449B, TRX $628M, ARB, OP and Base $38M

Meanwhile, Tether and Circle froze approximately $2.4B (approximately 1.567B USDT and 823M USDC)

The attacker reportedly used EIP-7702 to drain Binance hot wallets 💻

📰 @Cryptoz » Web3 Crypto Media & Agency

📈 $100 a month in the Magnificent 7 vs Bitcoin since 2015

💸 BlackRock’s spot Bitcoin ETF records its largest outflow in four months

IBIT saw $405.3M in net outflows on Nov. 2 as Bitcoin traded near $76,800, down about 1.5%

📰 @Cryptoz » Web3 Crypto Media & Agency

🇺🇸 Democrats win both the US House and Senate, seizing control from Republicans

📰 @Cryptoz » Web3 Crypto Media & Agency

💵 Samsung has introduced USDC trading and transfers on its Galaxy devices in the U.S.

Eligible U.S. users can now buy, hold, trade, and transfer USDC through Samsung Wallet, including cross-border payments to bank accounts in more than 60 countries

📰 @Cryptoz » Web3 Crypto Media & Agency

🔘 Binance hackers are routing stolen funds through Chinese networks

Chainalysis says the attackers are moving funds across multiple blockchains, with some of the stolen crypto already reaching Chinese money-laundering networks

📰 @Cryptoz » Web3 Crypto Media & Agency