The US Treasury has sanctioned six individuals and two entities accused of supporting a North Korean IT worker fraud network that targets global companies, including those in the cryptocurrency sector.
A group of Democratic lawmakers say they will oversee a reported Justice Department investigation into whether Binance was used to help Iranian entities evade US sanctions.
Brian Armstrong has denied claims that Coinbase lobbied against a proposed Bitcoin tax exemption in Washington, calling the allegations “totally false.”
US midterm election years have historically brought increased volatility to financial markets, with the S&P 500 experiencing average peak-to-trough drawdowns of about 16%, according to a report from Binance Research.
Bitcoin has outperformed gold and the Nasdaq 100 since the start of the US-Iran conflict on February 28, gaining about 7% over the period, according to data shared by Arthur Hayes.
BlackRock’s iShares Staked Ethereum ETF debuted on Nasdaq with about $15.5 million in first-day trading volume, marking the asset manager’s first cryptocurrency exchange-traded fund offering staking exposure.
Hong Kong regulators are reportedly preparing to grant the city’s first stablecoin licences, with HSBC, Anchorpoint and OSL Group among the three institutions shortlisted.
JPMorgan Chase is facing a class-action lawsuit accusing the bank of allowing a $328 million cryptocurrency Ponzi scheme to operate through its banking infrastructure.
European and US authorities have dismantled the “SocksEscort” malicious proxy network and frozen $3.5 million in cryptocurrency linked to the operation as part of a coordinated cybercrime crackdown.
The Federal Deposit Insurance Corporation is preparing a proposal that would exclude payment stablecoins from pass-through deposit insurance, highlighting a growing regulatory divide between stablecoins and tokenised bank deposits.
Anchorage Digital has integrated Puffer Finance to give institutional clients access to Ethereum liquid restaking through its crypto custody platform.
VeryAI has raised $10 million in a seed funding round led by Polychain Capital to build a palm-scan identity verification system designed to distinguish real users from AI-generated accounts.
