Chain News Daily Official TheBitTimes.com

A Solana (SOL) memecoin trader turned an $870 investment into more than $312,000 in just five hours after buying into the newly launched Effective Accelerationism (e/acc) token. Particulars of the transaction indicate the trader, using a wallet beginning with 9hVshY, purchased 16.7 million e/acc tokens across five transactions for about $870.23.  As the token’s price surged, the position’s value climbed to roughly $313,200, representing an unrealized gain of more than 35,000%, according to on-chain data shared by Lookonchain on September 26, Crypto trader’s e/acc transaction. Source: Lookonchain Effective Accelerationism launched on the Solana blockchain in late September 2026 and quickly gained traction among traders. Within hours of launch, the token’s market capitalization briefly exceeded $17 million while generating more than $25 million in trading volume.  Later, the market cap climbed above $29 million, with trading ...

Zcash (ZEC) could rally to $50,000 by early December 2028 as part of its ongoing bull cycle, according to a new technical Analysis . The forecast by TradingShot , shared in a TradingView post on September 17, comes as Zcash continues its remarkable 2026 rally. TradingShot highlighted that Zcash has broken above its January 2018 peak on the weekly chart, completing what is known as an Adam and Eve pattern.  The formation is a bullish reversal and continuation pattern that consists of a sharp V-shaped bottom (Adam) followed by a broader rounded bottom (Eve), often signaling the start of a sustained uptrend.  The analyst also noted that ZEC has been using its 50-week moving average (MA)as support since September 2025, reinforcing the strength of the long-term trend. According to the Analysis , the pattern’s technical target aligns with the 2.0 Fibonacci extension level at $50,000. ZEC price analysis chart. Source: TradingView The outlook s...

Apple (AAPL) will reportedly be paying rival phonemaker Samsung $250 per iPhone Duo sale for its foldable OLED screen technology. Samsung Display has signed a three-year exclusive supply agreement with Apple to provide foldable display panels for the iPhone Duo and future models, reports Chinese leaker Instant Digital. JUST IN: Apple $AAPL to reportedly pay Samsung $250 per iPhone Duo for its foldable OLED screens. — Watcher.Guru (@WatcherGuru) September 11, 2026 The iPhone Duo is the first device on the market to feature Samsung’s M16 OLED material set, said to bring improvements to brightness, color performance, lifespan, and power efficiency over previous OLED generations. Apple unveiled the Duo on Wednesday and will reportedly pay around $250 per panel, making it one of the device’s priciest components. Neither Apple nor Samsung has confirmed the report. Apple stock now has big potential entering the new iPhone season, as Wall Street is bullish post-Apple event. Sh...

The UK’s right-wing Reform Party has received another £4 million ($5.4 million) donation from pardoned BitMEX founder Ben Delo. Delo has already donated £4 million this year and has helped fund the social media campaigns of multiple right-wing parties via a Westminster political hub. Donald Trump pardoned him in 2025 after he was convicted of failing to implement money laundering checks at his crypto exchange BitMEX. Reform UK hit with foreign donation expose Reform UK was also caught in another foreign donation scandal this week after a group of undercover journalists exposed senior figures in Reform UK organising illegal foreign donations. Christopher Harborne launches US firm amid Farage ‘gift’ scandal Read more: Reform UK has now received £25M from crypto billionaire Reform leader Nigel Farage and other officials were filmed celebrating after a journalist, posing as the son of a wealthy American donor, offered to fund several in...

An 82-year-old woman’s caretaker was allegedly caught siphoning $50,000 from her accounts over many months to fund repeated bingo sessions at nearby machines. The elderly woman had hired a 42-year-old woman, Sinora John, to take care of her daily needs. She was bedridden after suffering a broken femur and other fractures in April 2025, according to a report from the Post Guam. Also Read: Central Banks Buy $47 Billion Worth of Gold in 3 Months Caretaker Steals $50,000 From Elderly Woman’s Debit Cards Source: Getty Images The caretaker formed a close bond with the victim, which allowed her to gain access to her debit cards. Sinora made repeated unauthorized ATM transactions and withdrew money almost every day, sometimes even reaching $900 per day. The victim uncovered the activity after retrieving mail for the first time in over a year. Upon confrontation, the caretaker admitted to stealing the money and apologized to the 82-year-old victim. The caretaker then proposed to repa...

The YZi-backed bitcoin restaking firm BounceBit announced today that it is shutting down its blockchain after hackers exploited an authorization vulnerability and stole over $3.1 million of its BB token.  BounceBit claims that between August 19 and August 20, attackers were able to move 286 million BB tokens out of nine of BounceBit Chain’s wallets without authorization.  Evmos stack caused exploit An authorization flaw in the vesting and lockup account module hosted by Evmos, and utilized by BounceBit Chain, seemingly led to the exploit.  BounceBit says the attacker sent an estimated 254 million BB tokens to one “major” crypto exchange, almost 10 million BB tokens to another exchange, and 18.5 million BB tokens remain sitting in a consolidated address. We have identified an issue affecting BounceBit Chain and have paused nodes out of caution while we deploy a fix. BB transactions are temporarily unavailable. This is limited to the chain ...

While the crypto market continues its downward trajectory, Aster (ASTER) is defying the larger market trend. According to CoinGecko data, ASTER has rallied more than 10% in the last 24 hours. Despite the latest rally, the asset still glows red in the other time frames. ASTER’s price has dipped 6.8% in the last week, 14.4% in the 14-day charts, and 50.6% over the last month. Let’s discuss why the asset is rallying amid a market crash, and if the rally will continue. Source: CoinGecko Will ASTER’s Rally Sustain? Source: Watcher Guru Aster’s latest price surge comes after Binance founder Changpeng Zhao (CZ) took to X and stated that he bought some ASTER on the exchange. The move has likely led to a surge in inflows for the coin. CZ has been in the news over the last few days after receiving a pardon from President Trump. CZ was sued by authorities for allegedly not maintaining anti-money laundering practices. The Binance founder had to pay a penalty of $4.3 billion....

Tesla (TSLA) founder Elon Musk says the EV maker may begin production of a flying car in the future to launch to the public. Speaking on a recent episode of The Joe Rogan Experience, the billionaire hinted that Tesla could unveil the plan officially by the end of this year. JUST IN: Elon Musk says Tesla may launch a flying car in the future. pic.twitter.com/fpAZv77M7E — Watcher.Guru (@WatcherGuru) October 31, 2025 The Tesla founder was very vague and hesitant about providing more information about the claim or a potential launch date. “Well, you know my friend Peter Thiel once reflected that the future was supposed to have flying cars, but we don’t have flying cars,” Musk said. When pressed further, he added, “I think if Peter wants a flying car, we should be able to buy one.” “We’re getting close to demonstrating the prototype. One thing I can guarantee is that this product demo will be unforgettable,” Musk added. The CEO previously teased a Fl...

Ripple’s London office expansion marks a pivotal moment for institutional crypto adoption. The blockchain payments company is finalizing plans to lease approximately 90,000 square feet at One Leadenhall, a prestigious skyscraper in London’s financial district. With annual rent exceeding £10 million, this Ripple London office move positions the firm directly beside the Bank of England, signaling serious intentions to capture institutional demand and boost crypto trading volume. RIPPLE $XRP IN TALKS TO LEASE TOP FLOORS OF ONE LEADENHALL IN LONDON’S FINANCIAL DISTRICT pic.twitter.com/ltYftaefjv — The Wolf Of All Streets (@scottmelker) October 22, 2025 Ripple London Office Boosts Institutional Demand And Crypto Trading Volume Ripple XRP coin London – Source: Cryptoslate Strategic Location Targets Financial Institutions Ripple CEO Brad Garlinghouse Source: Bloomberg The new Ripple London office occupies the upper floors of One Leadenhall at approximately £140 per squ...

Shiba Inu plummeted on Thursday and is back trading with five zeroes in the charts. Its price is now at $0.000009 and is attracting bearish sentiments. This could be the best time to accumulate SHIB as it’s now at its lowest price point. It could bottom out around this range before moving up and deleting a zero in the indices. The average trading price could hover around $0.000012 range by the end of the year. Considering that the future holds the key to better price prospects, in this article, we will highlight how much your $1,000 investment made this month could turn into in the next five years, if Shiba Inu rises 25% each year. This would help you picture a better view of what’s in store when the year 2030 arrives. Its price might not be the same five years down the line. Also Read: Don’t Sell Shiba Inu Yet! Expert Predicts 150% Surge Ahead for SHIB $1,000 in Shiba Inu Would Turn Into This After 5 Years With a 25% Yearly Rise An investment of $1,000 could get you to accu...

The Official Trump coin (TRUMP) surged as much as 20% on Wednesday, October 29. As optimism over a potential new U.S.-China trade deal lifted sentiment across risk assets and a notable uptick in whale accumulation over the past week has also boosted the momentum, as large investors have upped their TRUMP holdings from 3.97 million to 4.88 million tokens in recent weeks.  What’s more, World Liberty Financial, a decentralized finance protocol and cryptocurrency company founded by the president’s family, announced earlier today that it would distribute 8.4 million WLFI to early adopters of the USD1 stablecoin integrated with the Enso blockchain, adding another layer of connectivity to the TRUMP ecosystem. At the time of writing, the TRUMP token, officially classified as such, was trading at $8.41, up 17% on the day and 44% over the week. TRUMP 24-hour price. Source: Finbold Trump cryptos outpace the market The rally comes even as the broader crypto market ...

Victoria, Seychelles, October 29, 2025 – MEXC , a leading global cryptocurrency exchange, reported its highest stablecoin reserve ratios this year in its October Proof of Reserve (PoR) audit. USDT reserves increased to 118% from 113% in August, while USDC rose from 105% to 112%. The exchange now holds $2.25 billion in USDT reserves against $1.91 billion in user deposits—$343 million above full backing. Bitcoin reserves maintained 123% coverage (3,978 BTC backing 3,231 BTC in user balances), while Ethereum stood at 103%. The bi-monthly audit, conducted by an independent third party, confirms all user assets remain fully backed with excess collateralization. Results are verifiable on-chain. “Maintaining a PoR ratio above 100% is not just about compliance — it’s about trust,” said Cecilia Hsueh, Chief Strategy Officer of MEXC. “We aim to set a higher standard for the industry by ensuring user assets are always secure, verifiable, and pro...

A Japanese financial technologies (Fintech) firm is issuing the country’s first-ever yen-based stablecoin across several major blockchain platforms. JPYC Inc. says it’s launching JPYC, a yen-pegged stablecoin, on Ethereum (ETH), Avalanche (AVAX) and Polygon (POL). The stablecoin will aim to keep a 1:1 peg with the Japanese yen. In addition, the firm is announcing JPYC EX, the stablecoin’s official platform. According to a Reuters report, JPYC CEO Noritaka Okabe said in a press briefing, “We hope to spur innovation by giving startups access to low transaction and settlement fees. Increasing global interoperability would benefit us too, so we’re open to capital tie-ups.” According to a separate press release, the firm has plans to utilize JPYC for credit card payments and is currently bringing together plans to allow e-commerce payments with the new stablecoin. Last week, The Japan News reported that Japan’s Financial Services...

Chegg layoffs have hit the education tech sector hard, and the company announced on Monday that it’s cutting 45% of its workforce—that’s 388 employees who will lose their jobs. The decision comes as the online education platform struggles with what it calls the “new realities of artificial intelligence” and also declining traffic from Google searches. At the same time, Amazon layoffs are expanding across the tech industry, with sources revealing that the e-commerce giant is targeting as many as 30,000 corporate job cuts starting Tuesday. These Chegg layoffs 2025 and amazon layoffs today represent one of the most significant workforce shake-ups the tech sector has seen in recent years. Also Read: Amazon Layoffs Expand Across Departments in AI Overhaul Chegg Layoffs Today And Amazon Layoffs Expand Shake Tech Workforce Source: Finbold Education Platform Faces Existential AI Crisis The Chegg layoffs today mark the second major reduction this year, and it’s actu...