U.S. DOJ seeks $61M in alleged Iran oil crypto proceeds
U.S. prosecutors seek forfeiture of $61.2M in frozen USDT, alleging the funds trace to Iranian oil sales and a network linked to the IRGC.
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XRPL Batch upgrade nears activation after developers fix 11 bugs
The XRP Ledger’s Batch V1.1 amendment has moved within one validator vote of starting its two-week activation process after developers fixed another 11 software issues uncovered during security reviews. RippleX said Monday that the latest review of Batch V1.1 identified…
Ethereum and Base abandon joint account abstraction standard
Ethereum and Base developers have ended work on a common account abstraction standard after efforts to reconcile EIP-8141 and EIP-8130 failed, leaving the two networks to pursue separate transaction designs. Ethlabs developer Derek Chiang said Monday that the authors of…
Balancer wind-down proposed as post-exploit revenue fails to recover
Balancer has proposed shutting down its decentralized exchange protocol and returning more than $9 million in remaining treasury assets to BAL holders after its post-exploit operating plan failed to generate enough revenue. Balancer Labs CEO Marcus Hardt laid out the…
Bitcoin options lead $16.6B Q3 crypto expiry
Nearly $16.6B in Bitcoin and Ethereum options is positioned for Q3 expiry, with calls exceeding puts as traders await the Fed decision.
U.S. 10-year Treasury yield hits 5.012% as oil jumps
U.S. 10-year Treasury yield hit 5.012% as oil surged, then eased below 5% while investors awaited the Federal Reserve’s Wednesday decision.
CoinEx to shut down exchange after nearly nine years
CoinEx will wind down after nine years, ending spot trading Sept. 29 and withdrawals Dec. 22 amid lower liquidity and rising compliance costs.
Tokenized stocks debate goes beyond issuer consent: Bitfinex
Bitfinex Securities has argued that the tokenized stocks debate must distinguish between third-party products and issuer-backed securities because each model gives investors different rights. Tokenized stocks require clear investor rights Bitfinex Securities Head of Operations Jesse Knutson told crypto.news that…
Bitcoin analysts warn Fed, BoJ decisions could pressure crypto
Bitcoin has held near $77,000 as investors have reduced risk before the Federal Reserve’s Sept. 16 policy decision, with analysts watching $76,000 support and $83,000 resistance. Nansen senior research analyst Nicolai Søndergaard told crypto.news that Bitcoin traders have adopted a…
Banks and state attorneys general challenge CLARITY Act ahead of vote
Eight banking associations and 17 state attorneys general have challenged parts of the CLARITY Act before a Sep. 15 procedural vote that requires 60 Senate votes. Eight banking associations wrote to Senate Majority Leader John Thune and Senate Minority Leader…
Bitcoin price nears $80K as Trump signals Iran talks
Bitcoin price has risen about 3% to $79,143 after touching $79,325, even as conflicting U.S. and Iranian statements have kept the path toward a possible agreement unclear. Trump’s comments have supported the Bitcoin price rebound Bitcoin’s recovery unfolded as U.S.…
Bitcoin may test $82K and $76K after Fed decision: Bitfinex analysts
Bitcoin has remained trapped between large liquidation zones near $76,000 and $82,000 as falling spot-market selling meets rising leverage before the Federal Reserve’s interest-rate decision. Bitfinex analysts said in their latest Bitcoin market report that leverage has accumulated on both…