Four people face prison in the latest crackdown on North Korean-led cybercriminals Federal prosecutors have charged four North Korean nationals with wire fraud and money laundering in connection to a cryptocurrency theft totaling nearly $1 million. According to a statement released by the US Department of Justice (DOJ) on Monday, the individuals allegedly posed as
The company behind the USDC stablecoin hopes to offer custodial and digital asset services Circle, the company behind the USDC stablecoin, has officially submitted an application to operate as a federally regulated trust institution in the US. If approved by the Office of the Comptroller of the Currency (OCC), this move would establish the “First
The cryptocurrency company has become a major “disruptor” as it shapes crypto policy Coinbase has been named to TIME’s 100 Most Influential Companies of 2025 list, earning recognition in the “Disruptor” category for its leadership in shaping crypto policy and driving innovation in digital finance. The crypto exchange has stood out this year not only
The “Krak” app could help to keep cryptocurrency adoption moving forward Kraken has launched a new peer-to-peer payments app called Krak, stepping into a competitive financial tech arena dominated by apps like Cash App and Venmo. The new product allows users to send both fiat and crypto across borders, part of Kraken’s effort to broaden
FHFA Director William J. Pulte has ordered the lenders to consider crypto holdings when analyzing applicants The Federal Housing Finance Agency (FHFA) took a step in the direction of including digital assets in the traditional mortgage process. In a directive issued this week, FHFA Director William J. Pulte ordered Fannie Mae and Freddie Mac to
The arrangement means MasterCard cardholders have a new way to buy cryptocurrency MasterCard has teamed up with Chainlink to offer its cardholders a new way to buy cryptocurrency directly on blockchain networks. The collaboration marks a significant move toward making crypto more accessible to the general public, especially those who haven’t previously interacted with Web3
The offering would be possible through a merger with Columbus Circle Capital Corp Crypto investor and entrepreneur Anthony Pompliano has raised $750 million to take his company ProCap public in the US through a merger with Columbus Circle Capital Corp, a special purpose acquisition company (SPAC). Once the deal is complete, the combined company will
This discussion surfaces after OKX re-entered the US market in April OKX, one of the world’s leading cryptocurrency exchanges, is reportedly weighing the possibility of going public in the US. The move would mark a significant shift in the exchange’s growth strategy, especially as it faces tightening regulatory conditions in parts of Asia. According to
The new staking method uses proof-of-stake networks to secure transactions and funds Kraken has officially launched a new way for users to stake Bitcoin by partnering with Babylon Labs. This move allows users to earn staking rewards without wrapping, lending, or moving their BTC off the Bitcoin blockchain. Instead, the process takes place through Babylon’s
Approval would mark the first time a regulated US market accepts a stablecoin as collateral Circle’s USDC stablecoin is set to play a bigger role in traditional finance, with plans underway to use it as collateral in US futures trading. Coinbase Derivatives and Nodal Clear announced this week that they’re working to make USDC eligible
A companion bill in the House still needs to be approved for the legislation to advance The US Senate passed the GENIUS Act, a crucial step towards creating a federal regulatory framework for stablecoins. Legislators approved an amended bill yesterday in a 68-30 vote, formally referred to as the Guiding and Establishing National Innovation for
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
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