US sanctions Xinbi scam marketplace, restrains $52M in crypto
The Justice Department seized Xinbi’s Telegram channels and two wallets as investigators pursued 47 additional wallets across its alleged laundering network.
DoubleZero adds Kalshi election market data ahead of US midterms
The expansion gives institutional and automated traders real-time access to Kalshi’s political markets as election betting activity continues to grow.
Consensys to split into MetaMask and institutional blockchain company
The restructuring will separate MetaMask’s consumer business from Consensys’ Ethereum protocols and institutional blockchain infrastructure operations.
TRM Labs doubles valuation to $2B in Series C expansion
The blockchain intelligence firm said its annual recurring revenue has quadrupled over the past three years as it expands its AI-powered investigations business.
Bitcoin fails to reclaim $80K as Bessent fuels yen strength around 153 per dollar
Bitcoin trended lower with US stocks on Iran escalation while US Treasury Secretary Scott Bessent contributed to fears of a yen carry-trade unwind.
U.S. Bank tests proprietary stablecoin in cross-border Stellar transaction
The pilot moved USBDC between the bank’s North American and European entities on the public Stellar blockchain.
Tether, Fasanara launch $400M private credit fund targeting $3B
The evergreen fund will use USDT infrastructure to support asset-backed lending through fintech platforms in more than 60 countries.
10 of the greatest unsolved crypto mysteries
From the whereabouts of the CryptoQueen to a mysterious death involving a DeFi builder paranoid about the “pedo elite,” here are 10 crypto mysteries that still have no good answer.
German finance ministry proposes 25% crypto tax starting 2028: report
The German Ministry of Finance is reportedly seeking to impose a 25% tax on cryptocurrencies, departing from current laws that make crypto gains tax-free after one year of holding.
BitMart misses roadmap deadline, appoints financial adviser
BitMart provided no asset figures or withdrawal timetable and will launch a feedback portal within five working days during a financial adviser review.