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The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has added 134 cryptocurrency wallet addresses to its ISIS-Khorasan sanctions list, marking another significant enforcement action against terrorist financing networks. The move underscores the growing role of centralized stablecoin issuers in combating illicit activity, with Tether immediately freezing all funds across 131 Tron-based wallets following the…
A suspect linked to the Scattered Spider hacking group has been extradited to the United States to face charges related to an $8 million cryptocurrency ransom demand. The extradition marks a significant development in law enforcement’s ongoing efforts to dismantle one of the most sophisticated cybercriminal organizations operating today. Scattered Spider, also known as UNC3944,…
OpenAI has reportedly discussed offering the US government a 5% equity stake in the company as part of early negotiations with the Trump administration over artificial intelligence oversight. The proposal represents a significant move by the ChatGPT maker to navigate an increasingly complex regulatory environment while preparing for a potential public listing on Wall Street….
Bitcoin climbed back toward the $60,000 level on Wednesday after Federal Reserve Chair Kevin Warsh said inflation risks had eased while reaffirming the central bank’s commitment to returning inflation to its 2% target. The remarks, delivered at the European Central Bank’s annual forum in Sintra, Portugal, helped lift BTC to trade around $59,606, up more…
The CEO of Goliath Ventures has pleaded guilty to orchestrating a $250 million cryptocurrency Ponzi scheme, marking another significant enforcement action in the ongoing crackdown against fraudulent crypto operations. The guilty plea represents a major development in a case that exposed how sophisticated scammers can exploit the crypto industry’s rapid growth and retail investor enthusiasm….
Investment bank Jefferies is cautioning that the crypto industry’s most anticipated regulatory bill still faces significant obstacles in the Senate, despite clearing the Banking Committee earlier this year. The firm warned that political uncertainty and a shrinking legislative calendar could fuel volatility across crypto markets in the coming weeks as lawmakers race to advance the…
The Financial Conduct Authority has completed its overhaul of cryptocurrency regulations, marking a significant step toward establishing the United Kingdom as a leading global center for digital asset innovation. The finalized rules represent months of consultation with industry stakeholders and aim to create a clearer, more predictable regulatory environment for crypto businesses operating in Britain….
Bitcoin miner-turned-AI infrastructure company Ionic Digital has filed for a Nasdaq direct listing that could provide former Celsius creditors with a public market for shares received through the bankrupt lender’s restructuring. The move marks a significant shift in the company’s business model, as it transitions from pure-play Bitcoin mining to serving artificial intelligence and high-performance…
Ripple Proposes XRPL Lending Protocol Ripple is moving to add a lending layer to the XRP Ledger, proposing a new protocol that would allow institutions to borrow against assets held on-chain rather than simply issuing and transferring them. The XRPL Lending Protocol represents a significant expansion of the blockchain’s utility beyond payments, targeting institutional borrowers…
Galaxy Digital has significantly downgraded its forecast for the CLARITY Act becoming law in 2026, cutting passage odds to just 50% as the US Senate faces a rapidly narrowing legislative window before its August recess. The crypto investment firm’s head of firmwide research, Alex Thorn, cited the lack of a unified Senate Banking-Agriculture committee text,…
The 3 ways to earn passive income in Nigeria are through earning referral commision from cryptocurrency exchanges like flitaa, through freelance remote jobs that pay per hour and by investing in dividend stocks and mutual funds.
Zach Pandl, head of research at Grayscale, has called for MicroStrategy to liquidate $3 billion in Bitcoin holdings to address mounting cash obligations and stabilize investor confidence in the company’s capital structure. The recommendation comes as Strategy’s preferred stock STRC has plummeted to significant discounts from its $100 par value, signaling market distress over the…
Tether is monetizing its massive gold stockpile by partnering with crypto lender Ledn to offer borrowing against tokenized gold, a move that mirrors bitcoin-backed lending models and gives holders of Tether Gold (XAUT) access to liquidity without selling their underlying bullion. The stablecoin issuer said Ledn will add support for XAUT alongside bitcoin and Tether’s…
The European Parliament’s economic affairs committee has urged the European Commission to assess whether decentralized finance, crypto staking, non-fungible tokens and crypto lending should face new regulatory requirements under the bloc’s digital asset framework. The nonbinding report, drafted by Belgian Member of the European Parliament Johan Van Overtveldt, represents Parliament’s evolving stance on crypto regulation…
