Tether faces $344M seizure demand
Victims pursuing long-unpaid US terrorism judgments against Iran asked a Manhattan federal judge to order Tether to transfer more than $344 million in frozen USDT linked to Iran’s Islamic Revolutionary Guard Corps.
Victims pursuing long-unpaid US terrorism judgments against Iran asked a Manhattan federal judge to order Tether to transfer more than $344 million in frozen USDT linked to Iran’s Islamic Revolutionary Guard Corps.
Lori Calvasina, head of US equity strategy at RBC, says "everybody loves industrials in the US," but warns of the sector being "a bit" overvalued. She speaks on Bloomberg Television.
Schneider Electric Chairman Jean-Pascal Tricoire discusses how geopolitical tensions are reshaping global energy production, the growth potential across the African continent, and the role of energy efficiency and AI in powering the continent's future. He speaks with Bloomberg TV's Jennifer Zabasajja at the Africa CEO Forum in Kigali.
Large holders of Cardano have increased their control of the token’s supply to the highest level in nearly five years, according to blockchain analytics platform Santiment.
Australia’s proposed changes to capital gains tax could reduce incentives for long-term cryptocurrency investing and increase tax burdens for many retail traders, according to several industry executives.
Kraken said it has switched its cross-chain infrastructure provider from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol to secure Kraken Wrapped Bitcoin and future wrapped token products.
Mexican business conglomerate Grupo Salinas partnered with Anchorage Digital to launch stablecoin-based cross-border payment services for crypto platform Coinpro.
The US Commodity Futures Trading Commission issued no-action relief for fully collateralised event contracts, easing certain swap reporting and recordkeeping requirements for prediction market operators and clearing organisations.
A group of 20 FTX victims from five countries has filed a $525 million lawsuit against Fenwick & West, alleging the Silicon Valley firm helped facilitate and conceal fraud tied to the collapse of crypto exchange FTX.
Liquidators handling the collapse of Mirror Trading International said they have received 9,441 claims worth nearly $395 million against an estate now valued at approximately $35.8 million.
Gemini reported a 42% year-over-year increase in first-quarter revenue to $50.3 million as the company accelerated its shift from a crypto exchange into a broader financial services platform.
Crypto data company Dune has cut 25% of its workforce as part of a restructuring designed to sharpen focus on its core blockchain data products and institutional services.