United States prosecutors have charged a man serving a federal prison sentence over the alleged removal and laundering of about $290,000 in crypto assets held in a Kraken account subject to a forfeiture order. The Department of Justice said on Thursday that Rossen Iossifov, a Bulgarian national, conspired in January 2024 to withdraw and transfer…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Every so often, Ethereum’s most important story looks almost unreadable to casual investors. Vitalik Buterin’s work on proof optimization is one of those stories. It is technical, dense, and far removed from the usual ETF and price chatter. It also matters. Ethereum…
Circle has joined a small but growing list of crypto-native companies that have received OCC approval. The entity behind the second-largest stablecoin announced earlier today that it has secured the necessary license from the US Office of the Comptroller of the Currency (OCC) to launch First National Digital Currency Bank, NA, which will operate as…
Japanese investment and Bitcoin treasury company Metaplanet’s securities arm, Metaplanet Securities, stablecoin issuer JPYC and tokenization infrastructure provider Progmatare are tying up on a joint study on Bitcoin-backed digital credit products in Japan. The study involves using BTC as collateral and a credit enhancement tool combined with the Japanese yen-pegged JPY Coin (JPYC) stablecoin for…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Base crossing $2 billion in total value locked is a milestone that changes the way the network should be discussed. This is no longer just Coinbase’s experimental layer-2. It is a meaningful DeFi venue with enough liquidity to affect the broader Ethereum…
Will there be more volatility today prompted by the expiration event? The end of another week has arrived, which brings another Bitcoin and Ethereum options expiration event as spot markets remain sideways. Around 23,400 Bitcoin options contracts will expire on Friday, July 10, with a notional value of roughly $1.4 billion. This one is smaller…
The European Parliament has passed legislation allowing tech firms to scan messages for child sexual abuse material until 2028, a controversial law dubbed “chat control” by critics. EU lawmakers on Thursday largely voted against extending the regulation, dubbed “Chat Control 1.0,” but stopping it required 361 lawmakers to reject it. Only 314 voted to stop…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Solana ETF race is now far enough along that the market is no longer just asking who files next. It is asking how these products would actually work. Custody, trust structure, creation and redemption mechanics, and exchange listing details are becoming…
XRP sellers retain the upper hand as investor participation fades and recovery signals remain limited. XRP continues to display signs of weakening market conditions, as key indicators suggest that sellers remain in control, according to the latest analysis from CryptoQuant. The data show Open Interest has dropped to $350.6 million, one of its lowest levels…
Hackers compromised a widely used Injective software package in a supply chain attack with malware designed to steal crypto wallet private keys, adding to a growing attack vector involving attackers using legitimate platforms to deliver malicious payloads. Security firm Socket discovered on Thursday that a popular npm (node package manager) package with around 50,000 weekly…
