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In a major victory for law enforcement, the Los Angeles Police Department (LAPD) has seized $2.7 million worth of stolen Bitcoin mining equipment as part of a large-scale operation targeting a criminal cargo ring. The confiscation marks one of the largest busts in recent memory involving stolen crypto mining hardware. The operation, which took place earlier this week, led to …

In a development that could signal a major shift in U.S. crypto policy, SEC Commissioner Mark Uyeda has indicated support for a more principles-based regulatory framework, aligning with deregulatory trends reminiscent of Trump-era financial policy. Speaking at the Digital Assets Policy Forum in Washington, D.C., Uyeda emphasized the need for greater regulatory clarity and flexibility in overseeing cryptocurrencies and blockchain …

Basketball icon and media personality Shaquille O’Neal has reached a confidential settlement in a class-action lawsuit over his promotion of the now-defunct cryptocurrency exchange FTX. The agreement effectively ends months of legal wrangling that placed O’Neal at the center of one of the crypto industry’s most high-profile collapses. Filed in late 2022, the lawsuit accused O’Neal and several other celebrities …

After Fartcoin’s unexpected 500% rally shocked the meme coin market earlier this month, all eyes are now on Bonk, another canine-themed crypto asset, as traders speculate whether it could be the next to skyrocket. Bonk, originally launched as a lighthearted Solana-based meme token, has recently seen a surge in trading volume and social media buzz. Over the past 48 hours, …

Cardano (ADA), one of the most closely watched altcoins in the crypto market, may be on the brink of a significant breakout, according to multiple analysts who are eyeing strong technical signals and improving market sentiment. After months of consolidation, ADA is showing renewed strength, with its price pushing past key resistance levels and sparking speculation of a sustained rally. …