Beijing court sentences five for $166M disguised foreign exchange transactions

Telegram's CEO has introduced Cocoon, a groundbreaking decentralized AI compute network powered by TON. This innovation aims to transform the AI landscape by decentralizing computing power, which enhances user privacy and challenges the dominance of centralized tech giants. Cocoon's launch is significant as it could empower users and developers alike, fostering a more equitable digital environment.

Long-term Bitcoin holders have sold 325,600 BTC, marking the sharpest monthly drawdown since July 2025. This significant selling trend could indicate a shift in market dynamics, raising concerns about future price stability and altering investor strategies. As these holders offload their assets, it may lead to increased volatility in the cryptocurrency market, prompting both investors and analysts to reassess their positions.

Intuition, backed by ConsenSys, has launched its mainnet and the $TRUST token, marking a significant step towards creating a public trust layer for the internet. This initiative aims to enhance data trust and accessibility, promoting a decentralized flow of reliable information across digital platforms. This launch is important as it could transform how we interact with online data, ensuring that users can access trustworthy information more easily.

Bitwise's Solana ETF has made a remarkable entrance into the market with $69.5 million in inflows on its first day. This strong debut reflects a growing confidence among investors in blockchain technology and suggests that mainstream adoption may be on the horizon. As more people recognize the potential of cryptocurrencies, this could pave the way for further innovations and investments in the sector.

Tesla is exploring internal candidates for the CEO position as shareholders gear up to vote on Elon Musk's substantial $1 trillion compensation package. This development is significant as it highlights the company's succession planning amidst ongoing discussions about Musk's future role, which could impact Tesla's leadership and strategic direction.

Polymarket is gearing up for a significant return to the US market, focusing on sports betting by late November. After successfully navigating regulatory challenges and obtaining the necessary QCX licenses, this relaunch is exciting news for sports betting enthusiasts. It highlights the growing acceptance of innovative betting platforms in the US, potentially reshaping how fans engage with their favorite sports.

A recent tariff threat from Trump against China has caused a significant flash crash in the cryptocurrency market, resulting in a staggering $19 billion in open interest being wiped out and 1.6 million traders facing liquidations. This event highlights the volatility of the crypto market and how external political factors can have immediate and severe impacts on investor confidence and market stability.

Monad has officially launched its airdrop reveal for eligible community members, marking an exciting moment for participants in this Layer 1 blockchain known for its EVM compatibility and high performance. This initiative not only rewards the community but also highlights Monad's commitment to engaging its users and enhancing the overall ecosystem.

Dogecoin is making waves as it recently surpassed the $0.20 mark, reflecting a positive trend in the crypto markets. With Bitcoin and Ethereum also showing strength, large holders, or 'whales', have accumulated over 320 million DOGE, indicating growing confidence in the cryptocurrency. This surge not only highlights the resilience of Dogecoin but also suggests a potential shift in market dynamics, making it an exciting time for investors and enthusiasts alike.

Georgia's latest architectural marvel designed by Kengo Kuma is attracting crypto investors to the picturesque Black Sea coast. This development not only showcases innovative design but also highlights Georgia's growing appeal as a hub for cryptocurrency investment. With its stunning landscapes and strategic location, the project is set to boost local economies and position Georgia as a key player in the global crypto market.

Telegram's CEO has introduced Cocoon, a groundbreaking decentralized AI compute network powered by TON. This innovation aims to transform the AI landscape by decentralizing computing power, which enhances user privacy and challenges the dominance of centralized tech giants. Cocoon's launch is significant as it could empower users and developers alike, fostering a more equitable digital environment.

Bitcoin's price remains in a tight range, showing signs of restlessness as traders await a significant breakout. This situation is crucial for investors as it could signal the next major movement in the cryptocurrency market, impacting trading strategies and investment decisions.

The Virtuals protocol is currently seeing a price of around $1.53, driven by a surge in liquidity and significant investments from large wallets. This situation sets the stage for a potential short squeeze, which could lead to rapid price increases if buying momentum continues. This is important for investors as it highlights the volatility and opportunities within the cryptocurrency market.

Brazilian solar energy company Thopen is looking into Bitcoin mining as a strategy to make use of its surplus renewable power. This move is significant because it not only helps the company monetize excess energy but also addresses the issue of curtailment losses, showcasing an innovative approach to energy management in the renewable sector.