Ethereum News by Thebittimes.Com

Former Evolve Bank and Trust CEO Robert Hartheimer has reportedly been arrested for possession of child pornography, and also faces charges related to the buying and selling of children, according to fintech journalist Jason Mikula. The loss of yet another CEO comes at a difficult time for the Arkansas-based bank, which has been struggling since dramatic financial issues with Synapse Financial Technologies began last year. Evolve’s previous CEO left after it received a cease and desist letter from the Federal Reserve. The letter, related to some of its fintech partnerships, stated, “ Evolve engaged in unsafe and unsound banking practices .” This isn’t the first time that the bank has been mired in controversy. Indeed, it was linked to both FTX and pig butchering scams occurring in Southeast Asia. Though Hartheimer only took up the CEO role in the last couple months, his arrest on such serious charges could only lead to further struggles for the bank. ...

XRP slid to $2.4 on Friday and continued going south throughout October. Its price is unable to hold the resistance level, as fears loom that it could fall below $2. Investors who took an entry position when it boomed in price mid-year are all underwater. However, the bulls are confident that Ripple’s native token could reach $4 and $6. The confidence stems from gaining the SEC approval for an XRP ETF in November, which is yet to be confirmed. XRP maxis are already beating the drum on social media, citing that approval is imminent. Also Read: XRP Could Become a Trillion-Dollar Cryptocurrency by 2035 Odds of XRP Reaching $6 Source: Coin Edition The odds of XRP reaching the $6 mark are slim but not impossible. It requires a combination of favorable outcomes to consider hitting the price target. The combinations include increasing Ripple’s fintech adoptability, SEC XRP ETF approval, and a major influx of funds from institutional clients. Only one out of the three combinations i...

[London, United Kingdom | October 2025] Artificial Intelligence (AI) has become one of the world’s fastest-growing industries. As AI model training and computing power emerge as the “new oil” of the digital economy, the UK-registered digital asset platform FiveCrypto is leading a global revolution with its innovative AI Computing Contracts , enabling users worldwide to share in the profits of the AI economy. 🤖 1. Why Train AI Models? AI models are the brains of intelligent systems. They learn from massive datasets to perform critical tasks like image recognition, voice synthesis, autonomous driving, and intelligent trading . However, training these models requires enormous amounts of computing power and energy resources — making computing power the new essential asset of the digital era. FiveCrypto provides this fundamental infrastructure for AI model training. Through its intelligent computing-power scheduling system, the platform distribute...

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The cryptocurrency market never remains calm for long. With the dramatic price fluctuations of BTC and XRP drawing renewed attention, more and more investors are seeking alternative investment methods: ways to profit from the cryptocurrency craze without the daily roller-coaster ride. For many, the answer lies in WOAHash , offering predictable daily passive income, enabling them to generate daily cash flow in an uncertain market environment. Turn BTC, XRP, and HTH headlines into a steady income. Say goodbye to noisy machines, high electricity bills, and complicated setups. Cloud mining takes it all out of the equation. With WOAHash, there's no hardware to buy or cables to manage. Select a contract, let the system run, and watch your balance grow. Profits are deposited into your account daily, and your original investment is returned at the end of the contract. Platform and Product Overview WOAHash provides standardized mining capabilities through cloud-hosted computing pow...

Ripple bank charter approval is expected within 48 hours as the Office of the Comptroller of the Currency concludes its 120-day review of Ripple National Trust Bank . The October 30, 2025 deadline marks a critical moment for XRP price prediction, and the OCC charter update could potentially trigger significant market movements while also positioning XRP as a direct SWIFT competitor. Ripple Bank Charter & ETF Decision May Trigger XRP Price Rally Source: Watcher.Guru Ripple Bank Charter Approval Timeline and Leadership The Ripple National Trust Bank application was actually filed on June 30, 2025, along with documents that were signed by Chief Legal Officer Stuart Alderoty and also Institutional Strategy head Timothy Keaney. Right now, the leadership structure includes John McDonald as President, and John Zavaglia will serve as Chief Operating & Trust Officer at the proposed bank location in New York. Ripple’s 120-day review for its National Bank license ends in 2 days The full ...

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Amazon (AMZN) says it plans to start firing as many as 30,000 employees starting tomorrow, sources told Reuters on Monday. The company is seeking to pare expenses and compensate for overhiring during the peak demand of the COVID-19 pandemic. It would be the largest job cut at the e-commerce company since 27,000 jobs were cut in late 2022. JUST IN: Amazon $AMZN to fire 30,000 employees starting tomorrow. — Watcher.Guru (@WatcherGuru) October 27, 2025 While the figure represents a small percentage of Amazon’s 1.55 million total employees, it is nearly 10% of the company’s roughly 350,000 corporate employees. Amazon has yet to comment nor confirm the Reuters report. Shares in AMZN got a slight uptick by 1.2% on Monday following the announcement, but dipped after markets closed. The latest job cuts are a continuation of the layoffs Amazon has executed over the last two years. Per Reuters, this week’s cuts are expected to impact a variety of divisions within Amazon, including hum...

There is bullish momentum around the Chainlink LINK cryptocurrency, thanks to recent whale moves pushing the price higher. In the past week, LINK is up 5.4%, hovering in the $17.60 range. This is welcome news after a bearish October that saw the altcoin dip as much as 20%. The overall crypto market has been highly volatile so far this month, amid the ongoing trade war tensions between the US and China, as well as an inconsistent stock market. The dip in the past month has been positive for one group, however: large whale crypto investors. According to Lookonchain data, two whales have withdrawn significant amounts of LINK from major exchanges OKX and Kraken recently. Whale “0xf386” has accumulated a staggering 1.1 million LINK, worth approximately $19 million, over the past five months. Meanwhile, whale wallet “0xe8aa” withdrew 66,113 LINK, valued at $1.14 million, from Kraken this week. This brings the whale’s total accumulation to 307,684 LINK, worth $5.34 million, over the past...

One of the oldest wallets on the Bitcoin network moved over $400 million BTC after a curious legal challenge by an entity claiming to be Salomon Brothers. Funded with 4,000 BTC on June 27, 2011 when 1 coin was worth just $17, the wallet had ballooned from less than $70,000 to over $400 million by the time it received this on-chain message. Specifically, someone gave the wallet 0.0003 BTC (about $30) in order to publish three OP_RETURN output messages on June 30, July 2, and July 8. Certain types of OP_RETURN outputs display as plain text on block explorers like Mempool.space. These three messages claimed to be a legal notice, instructing the recipient to visit a webpage. ‘Constructive possession’ of billions of dollars On that webpage, the authenticity of which Protos can not verify, text claims that a client of the once-great Wall Street institution is taking “constructive possession” of the wallet. It claims the wallet is abandoned, provides a 90-day notice p...

US President Donald Trump on Thursday imposed fresh oil sanctions on Russia and the move also affects India. Oil prices jumped nearly 6% in the day’s trading session. Crude oil reached $61.75 per barrel and saw its first surge in the charts in six months. Trump’s sanctions have hit Russia hard, and India is on the losing side, as sales could fall to net zero. Also Read: Trump Administration Ready to Take Stakes in Quantum-Computing Firms Source: Investing,com Crude Oil Supply From Russia To India Halted By Donald Trump Source: Freepik.com The flow of crude oil from Russia to India is set to fall to near zero, according to a latest report from Bloomberg. The development comes after US President Donald Trump tightened sanctions on Russia, making it difficult for refiners to purchase crude oil. Russian petroleum refinery companies Rosneft PJSC and Lukoil PJSC faced increased sanctions by the Trump administration. Crude oil prices soared by nearly $3.5 per barrel as investors re...

Kraken CEO Dave Ripley has fired back against a senior executive of the American Bankers Association (ABA) who argued that stablecoin yields are a “detriment” to banks who are trying to support their community. “This is about ensuring banks continue to be in a position to support their communities and power the economy,” said ABA’s senior vice president of innovation and strategy, Brook Ybarra. She added that “a detriment to that would be allowing the likes of Coinbase and Kraken to pay interest on payment stablecoins.” Ybarra then said that doing so would “fly in the face” of the notion around a payment stablecoin “that it should be a means of payment and not a store of value.”   ABA senior vice president and executive director Jess Sharp was on stage with Ybarra and agreed with her comments, adding that the issue is not “about what’s good for banks,” but rather “what’s good f...