Mystery traders net $663K before Iran ceasefire
Four crypto wallets made roughly $663,000 by betting on a US-Iran ceasefire just hours before it was confirmed, raising concerns over potential insider trading.
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Four crypto wallets made roughly $663,000 by betting on a US-Iran ceasefire just hours before it was confirmed, raising concerns over potential insider trading.
Thailand’s securities regulator has proposed new rules to tighten scrutiny over funding sources behind cryptocurrency firms, targeting both direct and indirect backers.
A White House report found that banning stablecoin yields would have minimal impact on bank lending while imposing significant economic costs on users.
Iran is reportedly considering charging ships transiting the Strait of Hormuz a tariff paid in Bitcoin following a proposed two-week ceasefire with the United States.
The US Securities and Exchange Commission has appointed David Woodcock as director of its division of enforcement, effective May 4, as lawmakers question the exit of his predecessor.
A group of North Korean IT workers generated more than $3.5 million in crypto by posing as developers and infiltrating projects, according to leaked data shared by blockchain investigator ZachXBT.
Standard Chartered is planning to absorb Zodia Custody into its corporate and investment bank division, consolidating its crypto custody operations as early as April 2026.
UBS and five major Swiss banks are launching a sandbox to test potential use cases for a Swiss franc-denominated stablecoin.
Ben Delo, co-founder of BitMEX, has donated £4 million ($5.3 million) to Nigel Farage’s Reform UK, marking his entry into political funding.
Bitcoin dropped below $71,000 on Wednesday after briefly rallying to $72,700 as optimism over a US-Iran ceasefire quickly faded amid renewed Middle East conflict.
Tehran officially closes the Strait of Hormuz following the violations of the April 8 ceasefire.
Levi's CEO Michelle Gass said that both celebrity ad campaigns and organic pop culture moments have contributed to Levi's boosted outlook as the jeans brand collaborated with Beyonce and were featured on the fashion forward FX series 'Love Story.' Gass also discussed supply chain consideration as US-based companies face higher transportation costs and tariffs on manufacturing.
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