Alleged $165M crypto Ponzi mastermind faces US charges after Fiji deportation
Prosecutors allege Edward Zimbardi collected crypto from thousands of investors, lost over $34 million on currency trades and spent at least $10 million personally.
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‘Fabricated rumors’ about BitMart founder, Binance bStocks dominate: Asia Express
Binance’s bStocks are the second largest tokenized stock issuer just two months after launch, and BitMart’s internal feud erupts into the spotlight ahead of its closure
OCC approves Trump family crypto company for trust charter
The US financial regulator gave conditional approval for World Liberty Financial’s charter bid as ten Democrats signed onto a bill to “prevent corruption in banking applications.“
Binance to plan UK relaunch with FCA license application: Report
Binance’s UK arm has been barred from offering regulated activities in the country since June 2021, but the company will reportedly move to secure licensing under new crypto rules.
CFTC seeks public input on AI compute futures contracts as CME eyes October launch
The regulatory review could shape an emerging market that lets companies and investors trade and hedge the cost of increasingly scarce AI computing power.
US Treasury moves forward with rules on GENIUS Act after July deadline
The stablecoin bill signed into law last year is scheduled to go into effect in January 2027, potentially without finalized regulations from US government agencies.
Bitcoin hits $64K as gold gains while oil shakes off Trump Oman threat
Bitcoin price strength saw BTC/USD pass $64,000 on 2% daily gains as gold pushed higher while US stocks wobbled on fresh US-Iran rhetoric.
Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses
Tom Lee’s Ethereum treasury company keeps buying the second-biggest crypto through the downturn, while more than 5 million staked ETH is projected to generate $287 million in annual rewards.
Strategy raises $334M through stock sales but buys no Bitcoin
Proceeds funded STRC dividends and repurchases, while $149.1 million was added to Strategy’s US dollar reserve, which reached $4.8 billion.
Harmony plans rollback, wiping 109,000 transactions after ONE exploit
Harmony said selectively restoring transactions could create inconsistent chain state, as Ravencoin faces a separate rollback dispute after an exploit.
BTC price loses 200-week trend line as 2022 repeats: Five things to know in Bitcoin this week
Bitcoin confirmed a weekly candle close below its 200-week moving average, copying the 2022 bear-market as traders warn of further BTC price downside next.
Binance gave Russian authorities client data used in terrorism financing case: Report
Reuters reported that Binance supplied transaction records and identity documents later used in a terrorism-financing case against Yuri Belenkiy.