Arthur Hayes, co-founder of BitMEX, said: "Counterfeit products always have a rising season... If you always say that counterfeit products don't have a rising season, it's because you don't have those rising counterfeit products." Hayes said that many traders still expect the counterfeit products market to develop as it has in previous years, believing that the same cryptocurrency and the same routine will be repeated. "You want it to be like the last counterfeit products market, because then yo...

Investigators said suspects printed fake 50,000-won bills to scam crypto holders in face-to-face trades.
U.S. Treasury Secretary Bescent: Trump Accounts can help ensure that all Americans own stocks. With 38% of Americans not owning stocks, our goal is to go to zero.
美国财长贝森特:特朗普账户(Trump Accounts)可以帮助确保所有美国人都拥有股票。有38%的美国人不持有股票,我们的目标是降至零。
According to Reuters, Pakistan and Binance have signed a Memorandum of Understanding (MOU) to explore the tokenization of up to $2 billion in treasury securities and commodity reserves. The Ministry of Finance of Pakistan said that this cooperation is an important step for the country to introduce blockchain technology, enhance asset liquidity, and attract foreign investment, and may also pave the way for more state-owned physical assets to go online. The move comes as Pakistan accelerates the l...
According to market news, the National Bank of Canada has just revealed that it has purchased 1.47 million shares of Bitcoin finance company Strategy (MSTR) worth about $273 million.
Animoca Brands founder Yat Siu is betting that counterfeit products will outperform Bitcoin as the company prepares for an IPO aimed at giving investors exposure to the broader cryptocurrency market.
Coinbase Markets said that December will usher in an important update for counterfeit products trading. Coinbase Derivatives will fully launch 24/7 trading of all counterfeit products monthly futures on December 5, and new perpetual futures products for the US market will be fully launched on December 12. Assets covered this time include: SHIB, AVA, BCH, ADA, LINK, DOGE, HBAR, LTC, DOT, SUI, XLM. Products will be launched through Coinbase Derivatives, and both retail and institutional investors ...
According to CryptoQuant's on-chain data, counterfeit products now account for 60% of Binance's total trading volume, the highest level since early 2025. Both Bitcoin and Ethereum have a transaction share of only 20%, far below previous levels. This reflects a large concentration of actual trading activity outside of mainstream currencies. Historical data shows that the increase in the share of counterfeit products transactions often coincides with the increase in market speculation. The current...
Malaysia's Ministry of Energy said that between 2020 and August this year, the country's state-owned utility company, Tenaga Nasional Bhd (TNB), has lost more than $1 billion due to the illegal use of electricity by cryptocurrency miners. The Ministry of Energy and Water Transition of Malaysia released the...