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A federal jury convicted Block Bits Capital founder Japheth Dillman of wire fraud and conspiracy on August 24, 2026. The 48-year-old founder misled more than 20 investors about an automated crypto trading system, prosecutors said.  Dillman raised nearly $1 million between June 2017 and August 2018 by promoting software called “Autotrader.” Prosecutors said the system did not work, while investor funds supported personal payments and risky crypto ventures. The verdict followed a 10-day trial before US District Judge Richard Seeborg in California’s Northern District. Evidence showed Dillman knew the advertised algorithm could not deliver the automated trading strategy promised to…

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CoinSwitch brings crypto literacy to prime-time TV with TMKOC integration, using storytelling to simplify digital assets and build trust among India’s mass family audience Crypto platform CoinSwitch has taken an unconventional route to expand awareness. CoinSwitch is embedding cryptocurrency-related messages within episodes of ‘Taarak Mehta Ka Ooltah Chashmah’ (TMKOC), which is one of the most popular family shows in India. The move highlights a shift from performance marketing to narrative-driven education. Coinswitch Taps Mainstream TV  Unlike traditional advertisements, CoinSwitch integrates its message into the show’s storyline. The main characters discuss crypto assets in typical settings. This approach lowers the barrier…

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Ant Group Debuts Anvita With x402 Protocol, Enabling AI Agents to Make Real-Time Stablecoin Payments and Manage Digital Assets Ant Group has introduced a new platform called Anvita that allows AI agents to handle crypto transactions on their own. This platform brings artificial intelligence and blockchain closer, creating a system where software programs can act like independent financial users. The launch came from Ant Digital Technologies during its Real Up event in Cannes. The company explained that Anvita supports an agent-to-agent economy, where AI agents can hold assets, make trades, and send payments without much human involvement. This idea shows…

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Forget what you think you know about crypto crime. It isn’t just about a hacker sitting in a dark room anymore. It’s an industrial-scale business. According to the latest 2026 data from Chainalysis, a specific group of Chinese-language networks (CMLNs) has become the global “janitor” for dirty money. They aren’t just moving coins; they’re running a professional ecosystem that processed over $16 billion last year. How does the money even get into the system? They use a tactic called “running points” (pǎo fēn). Think of it like a massive relay race. Thousands of small-time “brokers” use their own bank accounts…

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