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US Targets Lazarus Group and APT38 in $879M Crypto Forfeiture Complaint


Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously confiscated bitcoin (BTC) and tether (USDT), alleging that these funds were snatched by the notorious North Korean hacking groups Lazarus Group and Advanced Persistent...

DC Circuit Court Rules Kalshi’s US Election Bets Legal


This week, the U.S. Court of Appeals for the District of Columbia Circuit has ruled in favor of the predictions market Kalshi, allowing the commodities exchange to offer event contracts based on the outcome of U.S. congressional elections. Circuit Judge Millett’s opinion supports the legality...

4 Arrests, Sanctions Follow Global Operation Against Lockbit Group


Europol and multiple countries have taken a significant step against the notorious Lockbit ransomware group with four key arrests and international sanctions. A collaborative effort between France, the UK, and Spain led to the detainment of critical individuals, including a developer and a hosting...

FBI Warns of Ichcoin Targeting American Crypto Investors


The Federal Bureau of Investigation (FBI) has issued a warning about Ichcoin, a fraudulent cryptocurrency platform that is deceiving investors across the U.S. by luring them in through social media, then tricking them into wiring large sums of money. Victims are led to believe their investments...

Bitcoin Gains Expected as US Jobs Data Drives Fed Rate Cuts, Analyst Says


A researcher from 21shares has offered an analysis of how bitcoin’s price could respond to the U.S. jobs report. The analyst indicates that BTC prices could increase if the Federal Reserve reduces interest rates. These rate cuts, which are likely tied to labor market trends, could lower...

Standard Chartered Sees Buying Opportunity as Bitcoin Nears $60K Dip


Standard Chartered has cautioned that bitcoin could drop below $60,000 due to rising geopolitical tensions in the Middle East. While the bank sees this as a buying opportunity, it also highlights the unique relationship between BTC’s price and the U.S. presidential race. Former President...

Russian Bitcoin Mining Industry Could Surpass the U.S. in 2 Years


Igor Runets, owner and CEO of Bitriver, commented on the growth potential of the Russian bitcoin mining industry following the approval of the mining law in the country. Runets stated that, due to the several advantages provided by the law, the Russian bitcoin mining industry could reach parity...

JPMorgan: Gold and Bitcoin Surge as Debasement Trade Gains Momentum


Global investment bank JPMorgan’s analysts have highlighted the growing impact of the “debasement trade” in boosting gold and bitcoin prices. Gold’s rise is linked to inflation, geopolitical instability, and waning trust in fiat currencies. Both institutional and retail...

Elon Musk: America Is Headed for Bankruptcy


Tesla CEO Elon Musk has reiterated his concerns regarding U.S. government spending, warning that America is on a fast track to bankruptcy. Highlighting growing national debt, he reacted to a staggering $204 billion increase in just one day. Musk stressed that interest payments on federal debt...

Election Fever Pushes Polymarket to $533M in September, Setting New Records


Polymarket hit new milestones in September, with trading volume climbing to $533.51 million, exceeding August’s $472 million. The blockchain-based predictions platform also saw a rise in active users, reaching 90,037, up 26,421 from the prior month. Polymarket Booms Ahead of U.S. Election: $533M...

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