The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from their funds. The trust behind reimbursing creditors with ties to defunct cryptocurrency exchange FTX announced that its next distribution of funds would start on July 31. In a Friday notice, …
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Bolivia moves to recognize USDT amid a dollar shortage, while Bitcoin miners’ AI ambitions face fresh investor scrutiny. Stablecoins have long been pitched as a faster way to move dollars across borders. In Bolivia, they’re increasingly becoming a way to access dollars in the first place. The country’s recent proposal to recognize Tether’s USDt (USDT) …
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Through an introduction with a “reputable third-party service provider,“ the company took on a developer who, as part of an investigation, was revealed to be tied to North Korea. Blockchain company Consensys accidentally used a software developer linked to North Korea who had access to some of its systems for a month. First reported on …
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The feature offers European customers a voluntary path away from Tether’s USDT as MiCA rules reshape the region’s stablecoin market. OKX Europe has launched a one-way conversion feature allowing customers to deposit USDT and convert it into USDC, offering a regulated migration path as the European Union’s Markets in Crypto-Assets (MiCA) rules limit support for …
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With the Senate likely voting on a crypto bill within days, Elizabeth Warren asked for information on Donald Trump’s earnings between January and July ahead of a 2027 deadline. Senator Elizabeth Warren, one of the more outspoken voices in the US Congress associating digital assets with illicit activities, has called on President Donald Trump to …
July 17th, 2026 – London, United Kingdom ether.fi, the leading onchain neobank for digital asset management, has selected Nexus Mutual to provide crypto’s largest-ever ETH Slashing Cover. The cover protects ether.fi‘s validators against up to 15,000 ETH worth of slashing penalties. As ether.fi continues to see rapid adoption from both retail and institutional audiences, securing …
The US government has moved millions in Ethereum from seized crypto wallets tied to a major exchange collapse straight into a leading institutional trading platform. Officials transferred roughly 4,820 ETH worth about $9.29 million at time of publishing, from FTX and Alameda Research-linked addresses to Coinbase Prime. The blockchain analytics firm Arkham Intelligence first spotted …
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Twenty-six employees at Meta are suing the company over its alleged reliance on artificial intelligence to select workers for recent mass layoffs. The lawsuit claims that AI technology played a central role in identifying which employees to cut during workforce reductions, says the complaint. “On information and belief, Meta used a constellation of internal artificial-intelligence-assisted …
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Bitcoin saw a key rejection at local highs before reversing lower, moving with stocks for a second day as US-Iran war downside took its toll. Bitcoin (BTC) dipped below $62,500 at Friday’s Wall Street open as stocks took a fresh hit from the US-Iran war. Key points: Read more Go to Source
The Bank of England approved HSBC Orion to go live in its Digital Securities Sandbox, with the first Digital Gilt Instrument transaction expected in the first quarter of 2027. HSBC, one of the world’s largest banks, has received approval to operate in the United Kingdom’s Digital Securities Sandbox (DSS), allowing its digital assets platform, HSBC …
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SBI Holdings received regulatory approval to acquire a majority stake in Singapore-based crypto exchange Coinhako as it expands into stablecoins, onchain finance and tokenized assets. Japanese financial services group SBI Holdings has acquired a majority stake in Holdbuild, the parent company of Singaporean crypto platform Coinhako, after receiving regulatory approval from Singapore’s central bank. The …
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Kraken, Bitstamp, 1inch and Bitfinex have all set up shop in the British Virgin Islands — but you might find it tricky to book an on-site meeting with one of their executives. More than $1 out of every $10 of the world’s tokenized US Treasuries is issued by a company incorporated in the British Virgin …
A member of a South Los Angeles-based Crips street gang is heading to federal prison for masterminding a $2.8 million bank fraud scheme involving stolen mail and social media recruitment. The scheme relied on intercepting checks from the mail, altering or counterfeiting them, and using flashy Instagram posts of cash stacks to lure bank account …
Elon Musk believes that if SpaceX realizes its potential, the company itself will surpass the value of the rest of planet Earth. Musk’s bold statement on X came in response to discussions about compute deals with competitors. “You don’t seem to understand that SpaceX will be worth more than the rest of Earth if we …
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Individual investors have offloaded stocks at an unprecedented pace, locking in gains from the recent bull market. Net retail sales in single stocks totaled $370 billion over two weeks, up sharply from $220 billion at the start of 2026, reports The Kobeissi Letter. Last week alone saw outflows of $125 million in SanDisk (SNDK) shares, …
