BitcoinOS Closes $10 Million Funding Round to Expand Institutional BTCFi Features

PANews reported on October 29th that, according to a report by 21st Century Business Herald, on October 28th, the Beijing Municipal People's Procuratorate released "Typical Cases of High-Quality and Efficient Performance of Financial Procuratorial Duties" (2024-2025). One case involved "using virtual currency to indirectly buy and sell foreign exchange, involving over 1.1 billion yuan." Between January and August 2023, Lin Jia, under the instruction of others, colluded with Lin Yi, Xia, Bao, and Chen to use multiple bank cards under their names to receive large amounts of RMB funds transferred from clients (such as Liu) connected to the "upstream" of an illegal currency exchange organization. This gang used virtual currency as a "bridge" to achieve the illegal purpose of cross-border fund transfers: Lin Jia and others converted the received RMB into USDT through multiple USDT trading platform accounts they actually controlled, and then completed the cross-border fund transfer through platform transactions, essentially engaging in disguised foreign exchange trading and profiting from it. According to the report, the total illegal business activities of the gang amounted to over 1.182 billion yuan, of which five members, including Xia and Bao, participated in activities ranging from over 149 million yuan to over 469 million yuan. On March 21, 2025, the Haidian District People's Court of Beijing issued a first-instance verdict, sentencing all five defendants to prison terms ranging from two to four years for the crime of illegal business operations, and imposing corresponding fines.

The post Justin Bieber’s First No. 1 Single Turns 10 appeared on BitcoinEthereumNews.com. Justin Bieber earned his first No. 1 on the Hot 100 in 2015 with “What Do You Mean?,” a song that marked his transition into mature pop sounds. NEW YORK, NY – MAY 04: Singer Justin Bieber attends the ‘China: Through The Looking Glass’ Costume Institute Benefit Gala at the Metropolitan Museum of Art on May 4, 2015 in New York City. (Photo by Dimitrios Kambouris/Getty Images) Getty Images Justin Bieber’s music career was essentially nonexistent for several years, and fans were beginning to wonder when they’d get to hear from the pop star again — until, out of nowhere, he revealed his new album Swag would drop in just a few hours. The full-length, which blended pop and R&B, arrived shortly thereafter in mid-July, and it brought him back to the highest reaches of several Billboard charts this summer. More recently, Bieber delivered a second installment, titled, appropriately, Swag II, which is counted together with Swag for charting purposes in the United States As he celebrates songs from Swag II and the continued success of multiple tracks from the first edition, his first leader on the Hot 100 turns 10. “What Do You Mean?” Debuted at No. 1 “What Do You Mean?” debuted at No. 1 a decade ago, opening atop the Hot 100 on the chart dated September 19, 2015. The cut was not only Bieber’s first to start in first place, but — amazingly — his first ruler on the most competitive songs ranking in America. Justin Bieber Was a Superstar Without a No. 1 By the time “What Do You Mean?” arrived, Bieber was already one of the biggest pop stars on the planet. He’d racked up multiple hits in America, but he had never managed to lead the Hot 100. The Canadian musician had come…

PANews reported on October 29th that, according to CoinDesk, Swiss software company Avaloq conducted a study on the investment attitudes of high-net-worth individuals in the UAE. The study found that despite the region's exceptionally high demand for digital assets, with 39% of high-net-worth individuals surveyed holding cryptocurrencies, only 20% of these crypto investors used traditional wealth management institutions. The survey was conducted from February to March 2025 and covered 3,851 investors and 456 wealth management practitioners. The survey found that 63% of investors have switched or are considering switching managers, in part because they are not getting answers to their questions about cryptocurrencies. Akash Anand, Head of Middle East and Africa at Avaloq, said: "As cryptocurrency grows as an asset class, private banking relationship managers are increasingly faced with the need to meet the needs of largely underserved clients, leading to a rush among traditional wealth managers to equip themselves with cryptocurrency capabilities."