Author: Cointelegraph by Mehab Qureshi

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Manchester court sentences 7 for kidnapping, $124K crypto extortion

A UK gang that kidnapped, tortured and extorted a man for his cryptocurrency has been sentenced at Manchester Crown Court.…
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China convicts BKEX staff for illegal gambling via crypto contracts

A Chinese court found BKEX’s crypto contract trading functioned as illegal gambling, sentencing employees to prison for facilitating unauthorized betting.…
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ai16z rebrands to ElizaOS to shed Andreessen Horowitz confusion

AI DAO ai16z has rebranded to ElizaOS, distancing itself from name confusion with Andreessen Horowitz. Source link

Too many tokens? Analysts argue oversupply could end altcoin season

With 36.4 million tokens flooding the market, analysts question whether altcoin seasons are a thing of the past. Source link

Bitcoin wallets holding at least $100 near all-time highs — Binance

Bitcoin wallet addresses with at least $100 have grown 25% in the past year, reaching nearly 30 million. Source link

THORChain pauses Bitcoin, Ether lending amid insolvency risks

THORChain temporarily suspended lending and savers programs to prevent insolvency and safeguard liquidity providers. Source link

Silk Road founder Ross Ulbricht thanks Trump for full pardon

Silk Road founder Ross Ulbricht, freed by Donald Trump’s pardon after more than 11 years in prison, called the US…
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Ledger co-founder released after days in captivity in France: Report

Ledger co-founder David Balland was kidnapped in France and safely released after police intervention. The incident involved a cryptocurrency ransom…
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WazirX gets Singapore court approval to repay victims of $235M hack

WazirX’s restructuring plan, approved by the Singapore High Court, paves the way for restoring user funds stolen in a $235…
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Cathie Wood won’t invest in Trump coin, will stick to the ‘big three’

Cathie Wood, CEO of ARK Invest, said she won’t buy Trump coin, calling it a memecoin without utility. Her focus…
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