Author: 1to90

EOS Climbs 16% In a Green Day  Investing.com
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Zhimin Qian pleaded guilty to acquiring and possessing criminal property last month
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A fraudster behind the UK’s largest every cryptocurrency seizure of £5.1bn Bitcoin has given police access to a further £67m after a digital storage device was discovered inside her jogging bottoms.
Zhimin Qian pleaded guilty to money laundering offences at Southwark Crown Court in September, following a seven-year investigation, and agreed to forfeit all her cryptocurrency.
The 47-year-old, also known as Yadi Zhang, defrauded more than 128,000 victims through a scheme in China between 2014 and 2017 and stored the illegally obtained funds in Bitcoin assets, according to the Metropolitan Police.
Scotland Yard said Qian played a leading role in the scam.
In 2018, the Chinese national came to the UK after fleeing her home country using false documents and attempted to launder the proceeds through purchasing property with the help of Jian Wen in September of that year, police said.
Wen, a former takeaway worker, was jailed for her role in the scheme last year after being found with Bitcoin wallets worth more than £2 billion.
The initial £5.1bn haul of Bitcoin was seized after police raided Qian’s home in Hamsptead in 2018, but she went on the run and was later arrested in York.
A digital device containing the extra £67m was discovered in a concealed pocket of her trousers, for which she provided the access codes and passwords to police during interviews in prison last month, The Times reports.
During a High Court hearing on Wednesday, prosecutors announced that the seized cryptocurrency would fund a compensation scheme for her victims.
It has not been disclosed if her victims, many of whom had invested in Qian’s scheme, the Tianjin Lantian Gerui Electronic Technology Company, will receive their original investment or the increased value of Bitcoin.
British lawyers who represent more than 1,000 of her victims are seeking the current value, which has increased from £750 in 2017, to a record £94,000 by October 2025.
William Glover, from the law firm Fieldfisher, told The Times: “Some lost their life savings and many of them are elderly or vulnerable. The victims have been without their property for some ten years now and are entitled to recover their property from the bitcoin frozen in this jurisdiction.
“The frozen bitcoin does not belong to the UK state. The UK state does not have the right to freely dispose of the frozen bitcoin over victims’ legitimate legal and proprietary interests.”
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Bitcoin, Ethereum, and XRP Drop. Why ‘Uptober’ Isn’t Going to Plan for Crypto.  Barron’s
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Pi Coin Could See a Comeback Opportunity Amid The Market Crash – Here’s How  Bitget
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Bicasso by Binance on left and Chatcasso by Steemhunt in center and on right Binance has been accused of copying a South Korean startup’s ideas and design of its artificial intelligence (AI)-powered non-fungible token (NFT) platform after the world’s largest cryptocurrency exchange
Binance, the leading cryptocurrency exchange globally, has acquired a majority stake in South Korea's Gopax by purchasing CEO Lee Joon-haeng's 41.2% stake and new shares, according to reports.Gopax announced on Wednesday that Lee has resigned from his position as a registered director but will
Binance is the world’s largest cryptocurrency exchange by trading volume Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday it had signed a memorandum of understanding (MOU) with South Korea’s second-largest city of Busan. The agre

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Why Crypto Investors Are Adding MUTM Alongside XRP In 2025  BlockchainReporter
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CFS Launches Project on Cryptocurrencies in UK Politics  Royal United Services Institute
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A couple has their three-year-old daughter's sweet tooth to thank for winning £524,000 in the EuroMillions.
Valdet Bujupi, 44, from Barrow, Cumbria, said he would have never bought a lucky dip ticket if his daughter had not been so persistent in her demand for sweets on a journey home.
The dad-of-two said on the third "please daddy can I have some sweets?" he caved in and headed to a shop.
"We're all over the moon and our daughter, who was already daddy's princess, has now been promoted to the Queen," he said.
Mr Bujupi played a lucky dip ticket in the 5 September draw and matched five main numbers and a lucky star – 27, 30, 31, 41, 43 and 05 and 08.
Abbey Bujupi, 40, said she was cleaning when she got a call from her husband.
She said: "I was cleaning the bathroom and was not impressed at having to take off my rubber gloves to answer the phone.
"Valdets' first words were 'book New York, I've won the lottery'."
The couple had been saving for their dream trip to New York since last Christmas, but Mrs Bujupi said it was difficult due to something always coming up to "scupper our plans".
She said: "Now the thing that has come up is our bank balance.
"We can finally make New York, and so many other plans a reality."
When sharing the news with their 12-year-old son, Mr Bujupi said it was "one of the craziest moments" trying to convince him that they had won.
"He thought it was a joke and it was only once I showed him the win on the lottery app that he was willing to believe us."
As well as New York, Mr Bujupi said he was planning a big present for his mother in Kosovo to "make her life a little bit easier".
"Being able to help my mum comfortably enjoy her older years means so much to us both," he said.
The couple is also pondering a house move as well as helping their children with their future.
Andy Carter, senior winners' advisor at The National Lottery, said: "They've clearly got some amazing and memorable moments ahead and I hope they especially love taking a big bite of the Big Apple."
Follow BBC Cumbria on X, Facebook, Nextdoor and Instagram.
The Longtown site is an "essential part" of supporting the armed forces, the MoD says.
The National Grid says electricity demand is expected to increase by 50% over the next 10 years.
Dudley is one of six new areas to become part of the National Lottery Heritage Fund scheme and apply for a share of £200m.
Cumberland Council says work on both sides of the station is due to be completed by January 2027.
A house at the centre of a gas explosion could be demolished and rebuilt under new plans.
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Bitcoin price is settling near $113,000 today, as the market stabilizes from one of its most violent corrections in years.
Bitcoin price is holding near $113,000 today, about a week after reaching a new all-time high above $126,000, as the market stabilizes from one of its most violent corrections in years. 
The bitcoin price to record levels last week was fueled by renewed institutional demand, falling real yields, and growing adoption of the “debasement trade” — investors seeking protection against monetary expansion.
The recovery comes after a bruising weekend that saw over $19 billion in leveraged positions wiped out and more than 1.6 million traders forced to liquidate positions as cascading margin calls swept across exchanges.
Bitcoin slipped from 24-hour highs near $116,000 to around $110,000 overnight, as large on-chain movements from both the U.S. government and BlackRock fueled speculation about potential institutional repositioning.
At the time of writing, bitcoin is trading at $113,055.
According to blockchain analytics, the U.S. government transferred 667.6 BTC earlier today — worth roughly $74.8 million — to a new wallet early Tuesday morning. 
Also earlier today, the U.S. government announced a seizure of 127,271 BTC, worth roughly $14 billion, from Chinese émigré Chen Zhi and his Cambodia-based Prince Group criminal network. The accused ran a global “pig butchering” crypto scam and laundered billions through shell companies, real estate, and mining operations. 
Chen faces charges of wire fraud and money laundering, while U.S. and U.K. authorities imposed coordinated sanctions on 146 entities and individuals linked to the operation. 
The turbulence follows last week’s massive deleveraging event, the largest in crypto history. Analysts noted that the $19 billion in liquidations reflected “a clearing of speculative excess” rather than broad-based selling. Funding rates swung sharply negative — the most bearish since late 2023 — suggesting an overextension of leveraged bets.
On-chain data supports that interpretation. Long-term holders have remained steady, while metrics such as Coin Days Destroyed and Spent Output Profit Ratio show that most selling came from new entrants capitulating at a loss. 
Despite the volatility, bitcoin’s fundamentals remain strong. Hash rate, transaction throughput, and active addresses all continue to trend upward, underscoring resilient network health.
Adding to the pressure, renewed U.S.–China trade tensions have weighed on risk assets. Beijing’s restrictions on rare-earth exports prompted President Donald Trump to threaten a 100% tariff on Chinese goods, driving stocks — and bitcoin — lower.
Established in 2012, Bitcoin Magazine is the oldest and most established source of trustworthy news, information and thought leadership on Bitcoin.
© BTC Media, LLC 2025

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