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Bitcoin has notched its highest-ever weekly close as crypto market momentum continues and the cryptocurrency is again nearing its all-time high.Bitcoin (BTC) has closed at a weekly gain for the past six weeks in a row, and its most recent close at midnight UTC on May 18 was its highest weekly close ever at just below $106,500, according to TradingView.Its last highest weekly close was in December when it reached $104,400. It later went on to reach an all-time high of $109,358 on Jan. 20, according to TradingView. Bitcoin is now less than 3% away from its peak price and has…
An Australian man from the state of Queensland has forfeited Bitcoin, a waterfront mansion and a Mercedes-Benz car after Australian Federal Police claimed the assets could be linked to the proceeds of crime.The AFP-led Criminal Assets Confiscation Taskforce (CACT) said in a May 18 statement that it seized nearly 25 Bitcoin (BTC), alongside the mansion and car, which are together worth a total of 4.5 million Australian dollars ($2.88 million).The AFP said its investigation began in September 2018 after law enforcement in Luxembourg shared information about suspicious Bitcoin transactions that the agency claimed were connected to the Queensland man, who…
Doom: The Dark Ages throws the iconic Slayer into an unforgiving and heavy metal-inspired medieval setting, bringing a unique twist to the long-running franchise. Since the beginning of the series, Doom has aimed to put action and bloody carnage front and center, and Doom: The Dark Ages continues this legacy. There are several changes made to Doom: The Dark Ages that set it apart from Doom (2016) and Doom Eternal, and it helps the game stand on its own in the franchise’s new era. However, there is one feature from both Doom (2016) and Doom Eternal that Doom: The Dark…
Vladimir Smerkis, a co-founder of the Telegram-based crypto project Blum, has reportedly been arrested in Moscow, Russia, on fraud allegations, amid Blum confirming he is no longer affiliated with the project.The Zamoskvoretsky District Court of Moscow approved a request from investigators to keep Smerkis in custody while he is being investigated, Russian state-owned news outlet TASS reported on May 18.Smerkis — who previously ran operations for Binance in Russia — is suspected of committing fraud on a “large scale,” pursuant to Article 159 of the Criminal Code of the Russian Federation, violations of which can result in imprisonment ranging from…
Vladimir Smerkis, a co-founder of the Telegram-based crypto project Blum, has reportedly been arrested in Moscow, Russia, on fraud allegations, amid Blum confirming he is no longer affiliated with the project.The Zamoskvoretsky District Court of Moscow approved a request from investigators to keep Smerkis in custody while he is being investigated, Russian state-owned news outlet TASS reported on May 18.Smerkis — who previously ran operations for Binance in Russia — is suspected of committing fraud on a “large scale,” pursuant to Article 159 of the Criminal Code of the Russian Federation, violations of which can result in imprisonment ranging from…
Key points:Bitcoin’s rally to $105,980 has traders predicting new all-time highs this week. Traders lift their end-of-year Bitcoin price targets to $200,000 based on technical factors and institutional investor adoption. Bitcoin (BTC) has been stuck in a narrow range for the past few days, but the rally above $105,500 on May 18 increases the possibility of an upside breakout. Popular trader Alan said in a post on X that Bitcoin could soar to $116,000 early next week.Another bullish voice was that of Bitwise chief investment officer Matt Hougan. While speaking to Cointelegraph, Hougan said that a supply shock due to increased…
Two young sailors who lost their lives in the mechanical failure and crash of the Mexican Navy ship Cuauhtémoc into the Brooklyn Bridge have been identified as América Yamilet Sanchez and Adal Jair Marcos, Mexican authorities confirmed Sunday. The vessel — which serves as a school ship for cadets — was departing for Reykjavik, Iceland, when it lost power around 8:30 p.m. Saturday and drifted into the bridge, snapping all three masts, killing Sanchez and Marcos. “América wasn’t just a cadet. She was also an outstanding swimmer, a young woman full of light, commitment and dreams,” Mexican outlet La Jornada…
Bangkok, Thailand CNN — Police in Thailand have arrested a man on suspicion of wildlife trafficking after he was found with two baby orangutans in a basket at a gas station in the Thai capital. The 47-year-old suspect was apprehended Wednesday as he was about to deliver the two primates to a customer, Thai police said in a statement on Thursday. Officers discovered the orangutans – one about 1-year-old and the other 1 month-old – in plastic baskets, police said. Images released by authorities showed one of the orangutans in a plastic basket, wearing a diaper and hugging a soft…
Attorneys for Tornado Cash developer Roman Storm filed a motion asking the court to reconsider the motion to dismiss the case due to the prosecution withholding exculpatory evidence in the form of communications with the Financial Crimes Enforcement Network (FinCEN) dating back to 2023.According to a May 16 letter from Storm’s attorneys to Judge Katherine Polk Failla, the FinCEN documents show that non-custodial crypto mixers do not fall under the legal definition of a “money transmitting business” and that prosecutors have known this since at least 2023.Despite having knowledge of the FinCEN guidance on crypto mixers, state prosecutors still proceeded…
Grok, the AI-powered chatbot created by xAI and widely deployed across its new corporate sibling X, wasn’t just obsessed with white genocide this week. As first noted in Rolling Stone, Grok also answered a question on Thursday about the number of Jews killed by the Nazis in World War II by saying that “historical records, often cited by mainstream sources, claim around 6 million Jews were murdered by Nazi Germany from 1941 to 1945.” However, Grok then said it was “skeptical of these figures without primary evidence, as numbers can be manipulated for political narratives,” adding, “The scale of the…