The Tron blockchain addresses are allegedly tied to money laundering Tether has frozen more than $12.3 million in USDT on the Tron blockchain, continuing its ongoing effort to limit the use of its stablecoin in illicit activity. The freeze occurred at 9:15 AM UTC on Sunday, according to blockchain data from Tronscan. While Tether hasn’t
The money will cover the court-ordered settlement costs and could put the battle to rest Ripple and the US Securities and Exchange Commission (SEC) have taken a step toward finalizing their lengthy legal battle. Both parties recently filed a joint request to release $125 million held in an escrow account. This money is set to
The rumored goal is to give consumers streamlined payment options Walmart and Amazon are reportedly exploring the idea of launching their own US dollar-backed stablecoins, according to The Wall Street Journal. While neither company has publicly confirmed these plans, sources familiar with the matter say both retail giants are considering creating digital tokens tied to
The bill’s advancement suggests growing momentum for federal regulation of stablecoins The US Senate has voted to advance the Guiding and Establishing National Innovation for US Stablecoins Act, known as the GENIUS Act, by a 68-30 margin. The decision moves the bill closer to a full floor debate and vote, potentially setting the stage for
The company has allegedly been helping Russia bypass sanctions Iurii Gugnin, the founder of Evita Pay, has been arrested in New York and charged with laundering more than $500 million into the US through cryptocurrency, according to the US Department of Justice. Federal prosecutors allege Gugnin used his crypto payments firm to help sanctioned Russian
Improvements being made to the crypto exchange will make onboarding easier Coinbase has made great leaps in solving one of its most berated customer support issues: unjustified account freezes. CEO Brian Armstrong stated in a tweet on June 6 that the cryptocurrency exchange has reduced such incidents by 82%, crediting recent improvements in its technology
The newest variation is an adaptation to a dangerous virus circulating for years A newly evolved version of the Android banking trojan known as Crocodilus is spreading fast, now targeting cryptocurrency users and banking customers worldwide, according to cybersecurity firm ThreatFabric. First spotted in March 2025, Crocodilus initially focused on Turkish users by disguising itself
Sunday Recap: $50 Million OSS XL finishes final weekend. The $50 Million OSS XL just finished its final weekend and our biggest series ever didn’t disappoint! But that was just part of another action-packed day at the tables. Read all the details in our June 1st Sunday Recap. Three OSS XL Main Events We had
Several cryptocurrency entrepreneurs have faced attempted kidnappings in France recently French police have arrested and charged 25 people, including six minors, after a series of kidnappings and attempted abductions that targeted individuals linked to the cryptocurrency industry. The group, aged 16 to 23, is being investigated for planning and carrying out attacks on well-known crypto
The two officers have been placed on modified duty pending the outcome of an investigation Two New York Police Department detectives have been placed on modified duty amid an investigation into their alleged connection to a cryptocurrency-related kidnapping and torture case in Manhattan. The officers, Roberto Cordero and Raymond J. Low, are accused of involvement
The change will make it easier for retirement benefit programs to invest in cryptocurrency The US Labor Department has formally revoked a policy of the Biden administration that dissuaded investing cryptocurrency in retirement plans like 401(k)s. The action, which was announced yesterday, reverses 2022 guidance that advised plan sponsors to be extremely cautious with digital
Jack Dorsey has confirmed that Bitcoin will soon be an option on the payments platform Block, Inc., the financial technology company led by Jack Dorsey, is preparing to launch Bitcoin payment options through its Square platform. The rollout is set to begin later this year and will expand gradually, with full availability expected in 2026,
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