The Justice Department has seized more than $560,000 in cryptocurrency donations intended for Hamas’s Al Qassam Brigades. Court documents allege that a group chat claiming ties to Hamas used an encrypted messaging platform to direct supporters to a fundraising website and circulated different cryptocurrency addresses for donations, according to the Justice Department. According to three …
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Officials in the G20, under the US’ presidency, recognized that digital assets could support “broad-based economic growth” and called for improvements in cross-border transactions. Member nations of the Group of 20 (G20) agreed on policies supportive of the potential of digital assets in “broad-based economic growth.” In a speech released by the US Treasury Department …
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Full Sail is shutting down after an attacker removed about $91,000 from three vaults during a security incident linked to oracle provider Switchboard. Full Sail, a decentralized finance (DeFi) protocol on the Sui blockchain, plans to shut down after a security incident involving oracle provider Switchboard resulted in user losses. Full Sail took to X …
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Arthur Hayes says Bitcoin is going to grind higher from here, but Ethereum is his number one pick due to its potential to increase “3x to 5x pretty quickly.” Bitcoin has all the factors in place to a seven-figure price over the next four years, according to BitMEX co-founder Arthur Hayes. But he’s buying ETH …
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JPMorgan Asset Management is projecting that the bond market remains positioned to handle a surge in debt issuance from major technology companies expanding artificial intelligence infrastructure. The six largest hyperscalers now comprise roughly 5% of the US investment-grade bond index, double their share from two years ago, reports Bloomberg. JPMorgan global market strategist Stephanie Aliaga …
The plaintiffs didn’t dispute their involvement in the pig butchering scam, but claimed that Tether did not have the authority to freeze the $42 million at the time. Two Thai businessmen sued stablecoin issuer Tether in a New York district court, claiming it illegally froze $42.4 million in Tether USDt (USDT) in October, as part …
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Remixpoint sold $5.5 million in ETH, SOL, XRP and DOGE, booking a $736,000 net gain as it narrowed its crypto strategy to focus on Bitcoin. Remixpoint, one of Japan’s largest corporate Bitcoin holders, sold all its altcoins, leaving about 1,506 BTC ($115 million) as its only cryptocurrency holding as it concentrates its crypto strategy around …
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Thailand adopted a crypto Travel Rule requiring digital asset operators to verify control of self-custodial wallets and retain transaction data for five years. Thailand is tightening oversight of crypto transfers, including transactions involving self-custodial wallets, as it moves to align with global Anti-Money Laundering (AML) standards. Thailand’s Securities and Exchange Commission (SEC) issued new Travel …
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Grayscale, a16z, and the CCI asked the SEC to preserve existing classification rules and avoid treating novel exchange-traded products as a single category, while proposing different routes to clearer and faster reviews. Crypto industry participants urged the US Securities and Exchange Commission (SEC) to avoid a blanket restriction on “novel” exchange-traded funds (ETFs) and instead …
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A 58-year-old Kent County woman won the top prize on the Michigan Lottery’s $1,000,000 Bonus Scratch Multiplier and elected a lump sum worth about 69% of face value. Two more $1 million tickets remain unclaimed in the game. A $10 Ticket and a 31% Discount An anonymous 58-year-old player from Kent County scratched the top …
Binance is expanding beyond crypto with physically settled options tied to more than 1,000 U.S. stocks and ETFs for eligible users outside the country. The launch comes as traditional-asset trading on the exchange has surged this year. US Traders Excluded From Binance Stock Options Rollout Binance is adding another Wall Street product to its crypto-native …
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A financial services firm is settling a class action lawsuit over a cybersecurity incident that allegedly exposed sensitive personal data of tens of thousands of customers. The agreement says Cuso Financial will pay $1.75 million into a non-reversionary fund to resolve claims of negligence tied to unauthorized access of one employee account on a third-party …
A rapper operating in Georgia receives a federal prison sentence after selling instructional materials on financial fraud and enlisting others to process altered checks stolen from the mail. The musician, Shamarri Tache Brook, also known as Juney Knotzz, entered a guilty plea to charges of bank fraud and aggravated identity theft, reports Yahoo News. Federal …
US spot Bitcoin ETFs reduced their year-to-date net outflows by 66% as Bitcoin gained about 25% in August, while Ether ETFs turned positive YTD at $732 million and XRP ETFs reached $502 million. US-listed spot Bitcoin exchange-traded funds (ETFs) capped their best month of 2026 alongside Bitcoin’s biggest monthly gain since November 2024. Bitcoin ETFs …
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Operation Economic Outcast is preparing to expand its banking offensive, with Treasury Secretary Scott Bessent saying the U.S. plans to sanction another bank. The planned action follows FinCEN’s proposal targeting Banque Misr UAE. How Treasury Uses Dollar Access as Leverage Operation Economic Outcast is preparing to expand its pressure on foreign financial institutions. Bessent told …
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