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China Jails Five for $166M Crypto Money Laundering Scheme

China Jails Five for $166M Crypto Money Laundering Scheme

A Beijing court has sentenced five individuals to prison terms ranging from two to four years for operating an illegal foreign exchange operation that moved over $166 million through crypto channels A...

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1 min
UBS Q3 net profit rose 74% to $2.5 billion, beating expectations.

UBS Q3 net profit rose 74% to $2.5 billion, beating expectations.

UBS reported a sharp jump in third‑quarter net income, showing the numbers clearly instead of trying to dress them up. The European banking giant reported $2.5 billion in net profit for the quarter. T...

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1 min
BitMine adds 27,316 ETH worth $113 million to its crypto treasury

BitMine adds 27,316 ETH worth $113 million to its crypto treasury

BitMine Immersion has reportedly purchased approximately $113 million worth of Ethereum (ETH) from digital asset custodian BitGo, according to blockchain data shared by on-chain analytics platform Loo...

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1 min