Top News – Novarex / Novarex Sun, 09 Nov 2025 21:56:16 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 /content/uploads/2025/11/favicon.png Top News – Novarex / 32 32 The court declared a mistrial in the high-profile case of a $25 million crypto heist on Ethereum. /the-court-declared-a-mistrial-in-the-high-profile-case-of-a-25-million-crypto-heist-on-ethereum/ Sun, 09 Nov 2025 21:22:47 +0000 /?p=9516
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In the United States, a Manhattan federal court declared a mistrial in the high-profile case of two MIT graduate brothers accused of stealing $25 million in cryptocurrency in 12 seconds through complex transaction manipulation on the Ethereum network. After three days of intense deliberations, the jury was unable to reach a unanimous verdict, with some reporting severe emotional burnout and insomnia.

Prosecutors alleged that the brothers “poisoned” a block of transactions, replacing data and gaining the ability to interfere with the victims’ trades, which constitutes fraud and money laundering. The defense, however, argued that this was a legal, albeit aggressive, strategy in the highly competitive trading bot environment, and that the defendants’ actions constituted “innovation, not crime.”

The case is already being called a landmark case for the development of legal practice regarding complex attacks and manipulations in DeFi and at the protocol level. The US Department of Justice has not yet decided whether to retry the case, but the outcome of the new trial could have significant implications for law enforcement in the decentralized finance space.

]]> Bitcoin in November: Rally, Forecast Adjustment, and Increased Institutional Interest /bitcoin-in-november-rally-forecast-adjustment-and-increased-institutional-interest/ Sun, 09 Nov 2025 21:20:17 +0000 /?p=9510
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Bitcoin’s November rally became one of the key newsworthy moments of the month: the price recovered from a deep correction, and institutional players increased their focus on the network’s infrastructure. At the same time, Galaxy Digital analysts lowered their 2025 price target for BTC from $185,000 to $120,000, citing a slowdown in institutional demand and the unwinding of leveraged positions.

According to Bitget analytics, even with the lowered forecast, investment in infrastructure solutions—from mining projects to staking services and custody solutions—is increasing. This demonstrates long-term faith in the network, despite short-term liquidity risks and profit-taking by long-term holders.

Experts note that the current market phase is characterized by a clash of two forces: strategic investors increasing their positions in infrastructure and speculative capital reacting to macroeconomic news and volatility. This creates the basis for sharp movements both upward and downward.

]]> Crypto Market Rebounds After US Dividend Announcement /crypto-market-rebounds-after-us-dividend-announcement/ Sun, 09 Nov 2025 21:14:59 +0000 /?p=9504
Novarex

This week, the cryptocurrency market saw an unexpected recovery: Bitcoin rose above $103,000 again, followed by major altcoins like Ethereum, Solana, and others. The move was prompted by US President Donald Trump’s proposal to pay most Americans a “dividend” of at least $2,000, which is planned to be financed through tariffs.

Investors perceived this as a signal of possible economic stimulus and increased liquidity, which traditionally supports demand for risky assets, including crypto. Following the announcement, the CoinDesk 20 Index, which had previously fallen almost 15% in a week, began to recover its losses.

While the medium-term trend remains volatile, market participants see the rebound as confirmation that the psychologically important $100,000 zone for BTC is still holding. Analysts note that further dynamics will depend on the details of the dividend program and the reaction of the US Federal Reserve.

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