US Treasury’s OFAC sanctions 2 Iran-linked crypto exchanges
The US government sanctioned an individual and two crypto exchanges it said facilitated money laundering for a combined $5 million in digital assets linked to Iran.
Cointelegraph
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Circle expands USDC to OKX ecosystem with X Layer launch
The rollout gives X Layer users access to Circle-issued USDC and crosschain transfers as the stablecoin expands across major blockchain ecosystems.
Reform UK chair calls for probe into SBF-linked donation: Report
As the chairman of the Reform UK calls for an investigation into a FTX-linked political donation, the party’s leader prepares to face voters amid his own crypto-related scandal.
Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets
Bitcoin hit month-to-date highs above $65,000 as risk-assets gained on low US nonfarm payrolls data.
Crypto Biz: Crypto’s biggest business is starting to look a lot like banking
Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income and balance sheet management become key profit drivers.
Fierce backlash to Ethereum’s EIP-8363 staking proposal
Ethereum’s proposed EIP-8363 staking overhaul aims to reduce issuance, but critics say it could hurt DeFi, decentralization and institutional adoption.
Bitcoiners turn to dice throws as self-custody setups are re-evaluated
Dice entropy may become the new gold standard after the Coldcard hack
Russia cracks down on 9 crypto exchanges in Moscow City
Russia has shut down nine unregistered crypto exchanges in Moscow, with the FSB alleging they helped move scam proceeds abroad through Ukrainian call centers.
CEX perpetual futures volume falls to $4T, lowest since late 2023
Perpetual futures trading volume on crypto exchanges fell to its lowest level in 31 months, while perpetual trading on decentralized platforms neared a one-year low.
Binance Bitcoin volume ratio hits record as futures outweigh spot eight times over
Binance saw a record divergence between daily spot and futures trading volumes, with the latter reaching nearly $58 billion.
CleanSpark misses Wall Street revenue estimates as shares sink
CleanSpark’s shares fell 5.5% on Thursday after the Bitcoin miner reported $138 million in quarterly revenue, narrowly missing Wall Street’s consensus estimate.
Stripe-owned Bridge joins EU MiCA register after Luxembourg approval
Stripe-owned Bridge has entered the EU MiCA register following Luxembourg approval, joining regulated providers under the bloc’s crypto framework.