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Accepting Virtual Currency Worth Tens of Millions, Hardware Wallet Placed in Office Drawer! Details of the Case of Yao Qian from the China Securities Regulatory Commission Disclosed

Chinese securities regulator Yao Qian, former head of the Technology Supervision Department at the China Securities Regulatory Commission (CSRC), was involved in a major corruption case involving millions in cryptocurrency bribes. Details reveal he accepted 2,000 Ether (valued at over 60 million yuan at peak) from a cryptocurrency executive in exchange for assisting with a token issuance project. Yao stored the virtual assets in hardware wallets, which were discovered in his office drawer during an investigation. He also used shell accounts and intermediaries to conceal bribes, including a 10 million yuan payment used to buy a luxury villa in Beijing. The case, investigated by Central Commission for Discipline Inspection and National Supervisory Commission, highlights the use of big data and blockchain analysis to trace virtual currency transactions despite their perceived anonymity. Yao was expelled from the Communist Party and public office in November 2024 and faces criminal prosecution. The investigation underscores China’s focus on combating new forms of corruption in the digital asset space.

比推01/14 17:56

Accepting Virtual Currency Worth Tens of Millions, Hardware Wallet Placed in Office Drawer! Details of the Case of Yao Qian from the China Securities Regulatory Commission Disclosed

比推01/14 17:56

Aster “Human vs AI” Live Trading Competition Season 1 Concludes

Aster's inaugural "Human vs AI" Live Trading Competition concluded with human trader ProMint claiming the top individual ranking. However, the collective performance of human traders resulted in a -32.22% ROI, with 43% of participants being liquidated. In contrast, all 30 AI agents completed the competition without a single liquidation, achieving a 100% survival rate and a significantly more stable aggregate ROI of -4.48%. The event highlighted AI's superior risk control and stability in volatile markets, while also demonstrating that skilled human traders can capture asymmetric opportunities through judgment and narrative awareness. Aster emphasized that the future lies in human-AI collaboration, not replacement. The next competition is set to begin on January 22nd on the Aster Chain Testnet.

TheNewsCrypto01/14 17:19

Aster “Human vs AI” Live Trading Competition Season 1 Concludes

TheNewsCrypto01/14 17:19

Cardano Lines Up An $80 Million War Chest: DDC Fund Goes Live

The Cardano Foundation has proposed an on-chain action to allocate up to $75 million from its treasury to the new Cardano x Draper Dragon Ecosystem Fund (DDC Fund), targeting a total of $80 million with external investment. Managed by Draper Dragon, the fund will invest in Cardano-native startups over six years, aiming to generate returns for the treasury and boost ecosystem growth. Financial targets include a 3x return on capital and a 25%+ IRR, with goals to increase Cardano's total value locked (TVL) from $300 million to over $3 billion. The proposal includes a transparent governance structure and a buffer for ADA price volatility.

bitcoinist01/14 17:02

Cardano Lines Up An $80 Million War Chest: DDC Fund Goes Live

bitcoinist01/14 17:02

Ethereum’s wallet growth hits ATH – This can help ETH jump 13.8%

Amid the ongoing market recovery, Ethereum is experiencing a surge in network activity, with new wallet creations reaching an all-time high of 393.6K on January 11th, averaging 327.1K per day over the past week. This growth signals increased user adoption and long-term investor confidence. Additionally, Bitmine staked 186,560 ETH, worth $607.27 million, in the past 24 hours, bringing its total staked holdings to 1.53 million ETH. This reduces circulating supply and reinforces a bullish outlook. ETH's price rose 6.50% to $3,330, with trading volume surging 90% to $34.18 billion. Technical analysis indicates that if ETH breaks the key resistance level of $3,340, it could rally another 13.80% to $3,800. However, failure to sustain above $3,340 may lead to a pullback. Short-term momentum is bullish, but the trend strength remains weak. Derivative data shows traders strongly favor long positions, with key liquidation levels at $3,296.3 and $3,362.8.

ambcrypto01/14 17:01

Ethereum’s wallet growth hits ATH – This can help ETH jump 13.8%

ambcrypto01/14 17:01

Starknet TVL reclaims $300m for first time since 2024 as on-chain activity recovers

Starknet's total value locked (TVL) has rebounded to over $300 million for the first time since early 2024, signaling a recovery in on-chain activity and capital deployment after a prolonged decline. The TVL reached $302.12 million, nearing its all-time high of $307 million. This resurgence is supported by a record stablecoin market cap of approximately $248 million and an average of 65,000 daily active users, ranking Starknet fifth among Layer-2 networks. Despite trailing behind competitors like Base and Arbitrum, the network shows signs of stabilization and renewed user confidence, moving past outdated narratives and into a phase of measurable recovery.

ambcrypto01/14 16:23

Starknet TVL reclaims $300m for first time since 2024 as on-chain activity recovers

ambcrypto01/14 16:23

Why is XRP’s price up today? ETF inflows, cooling CPI lifts & more…

XRP's price surged, driven by significant ETF inflows totaling over $28 million in two days, strong institutional confidence, and a bullish MACD crossover signaling a breakout from its weekly downtrend. The rally was further supported by favorable macroeconomic conditions, as U.S. core CPI came in lower than expected, raising expectations for interest rate cuts and reducing economic pressures. Additionally, potential regulatory clarity from the draft CLARITY Act, which could classify XRP as a non-ancillary asset, contributed to positive sentiment. However, maintaining above the key $2.1 level is crucial for the upward momentum to continue toward the $2.4 resistance zone.

ambcrypto01/14 16:02

Why is XRP’s price up today? ETF inflows, cooling CPI lifts & more…

ambcrypto01/14 16:02

Crypto Users Hit By 1,400% Surge In Impersonation Scams, Research Shows

Impersonation scams surged by 1,400% in 2025, causing billions in losses as criminals used AI tools, voice cloning, and fake customer-support schemes. The average scam amount increased by over 600%, with AI-enabled methods proving several times more profitable. Scammers impersonated exchange staff and celebrities using deepfakes and sophisticated social engineering, making operations more efficient and harder to trace. One high-profile case stole nearly $16 million. Total on-chain crypto scam losses for 2025 are estimated between $14 billion and $17 billion.

bitcoinist01/14 15:31

Crypto Users Hit By 1,400% Surge In Impersonation Scams, Research Shows

bitcoinist01/14 15:31

How Did a Monero Enthusiast Become the 'Gatekeeper' of Bitcoin?

On January 8th, Bitcoin Core appointed TheCharlatan as its sixth core maintainer, the first such appointment since 2023. Core maintainers are responsible for merging code into Bitcoin Core and signing official releases, acting as editors who ensure the integrity and security of the software. Unlike early days when a single individual held this power, the role is now distributed among multiple trusted contributors. TheCharlatan, a computer science graduate from the University of Zurich, has been contributing to Bitcoin Core since 2018 and has over a decade of experience in crypto development. He is known for his work on improving Bitcoin Core’s verification logic and modularizing its codebase. His appointment was supported by at least 20 Bitcoin Core developers. Notably, TheCharlatan has also contributed to privacy-focused cryptocurrencies like Monero in the past. On social media, he occasionally shares Bitcoin-maximalist views, emphasizing simplicity and immutability as core principles of digital cash. The article also highlights the growing decentralization of Bitcoin’s development and mentions other key maintainers, including Ava Chow, who played a critical role in preventing a consensus split over the Ordinals debate.

比推01/14 15:09

How Did a Monero Enthusiast Become the 'Gatekeeper' of Bitcoin?

比推01/14 15:09

Why is Story’s [IP] price up 36% today despite weak network revenue?

Story (IP) token surged 36% on January 13th, extending its weekly gains to nearly 100%, largely driven by a broader cryptocurrency market rally following softer U.S. inflation data that boosted Bitcoin. The altcoin rebounded from a low of $2 to nearly $4, though it slightly retreated to $3.89 at the time of writing. Technical indicators showed strong buying pressure with the RSI reaching overbought levels, suggesting potential for a reversal. The price surge was supported by strong spot market demand and improved market conditions. Additionally, anticipation around the scheduled Yusanari network upgrade on January 14th—which aims to integrate Ethereum Fusaka upgrade features and enhance on-chain intellectual property rights for creators—fueled bullish sentiment. Despite the significant price increase, on-chain data revealed weak fundamental traction. Monthly network revenue declined sharply from $94k in September 2025 to just $323 in December, with only $152 generated so far in January 2026, indicating low network activity and a disconnect between market performance and underlying usage.

ambcrypto01/14 15:02

Why is Story’s [IP] price up 36% today despite weak network revenue?

ambcrypto01/14 15:02

Animoca Brands Expands Web3 Gaming Ecosystem With SOMO Acquisition

Animoca Brands has acquired Web3 gaming and NFT startup SOMO to expand its digital collectibles ecosystem. The acquisition enables cross-promotion and integration of SOMO’s playable, tradable assets—such as SOMO Codex and SOMO Duel—into Animoca’s global network of games and communities. Yat Siu, co-founder of Animoca, described SOMO as a “cultural operating system for collectibles” that complements their portfolio. Financial terms were not disclosed. The announcement coincides with signs of recovery in the NFT market. According to data, the overall NFT market cap increased by 8.7% in 24 hours to $3.02 billion, with trading volume up 21.5%. Since January 1, 2026, the market cap has risen 20.8%, suggesting a potential rebound after a 66% decline from its peak of $9.2 billion in early 2025.

TheNewsCrypto01/14 14:45

Animoca Brands Expands Web3 Gaming Ecosystem With SOMO Acquisition

TheNewsCrypto01/14 14:45

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