On Friday, Treasury Secretary Scott Bessent said that the US has confiscated around $1 billion worth of Iranian cryptocurrency. He also mentioned that some of the wallet owners may not even be aware that their funds has been confiscated. “I believe that we have seized about a billion dollars of their
On Thursday, Bitcoin (BTC) made its first move back over $72,500 in six weeks, leading to $342 million in liquidations for bullish leveraged bets. Investors are concerned that bears will maintain control ahead of the $9 billion monthly options expiration, even if there was a recovery bounce to $73,500. With $3.4
An individual familiar with the situation said that market circumstances had caused asset management behemoth Grayscale to postpone its intentions to go public, making it the latest cryptocurrency company to do so. This individual spoke on condition of anonymity due to the private nature of the subject, but they did
The first “blockchain-native” company to get registration as a clearing agency from the US SEC is Paxos, a blockchain infrastructure platform and stablecoin issuer. On Thursday, Paxos said that its subsidiary, Paxos Securities Settlement Company, has been authorized by the SEC to serve as a central securities depository in the United
Enterprises, financial institutions, and virtual asset service providers (VASPs) across Korea and the broader APAC region will benefit from the expanded digital asset security and compliance infrastructure thanks to a strategic Memorandum of Understanding (MOU) between CertiK, the leading Web3 security services provider, and Lambda256, a blockchain technology subsidiary of
Today, CertiK, a blockchain and AI security firm, officially launched CertiK Skill Scanner, a new security solution intended to safeguard the quickly expanding ecosystem of AI Agents and third-party AI Skills. The solution is designed for developers, businesses, AI skill markets, and ultimately regular consumers who want more insight into the dangers
In order to provide a compliant privacy architecture for institutional and high-volume decentralized financial activities on the Layer 2 network, AmericanFortress today announced the launch of the AmericanFortress beta on Arbitrum. Users may transmit assets using human-readable @names thanks to the system integration, which also automatically creates stealth addresses that
The Vietnam Digital Asset Economy Forum, Conviction 2026, is scheduled to take place on Aug. 14-15 at the Thiskyhall Convention Center in Ho Chi Minh City under the theme “Connecting Vietnam to the Global Digital Asset Economy.” The forum is expected to bring together regulators, financial institutions, technology companies, and
The founder of Ondo Finance, Nathan Allman, passed away, the firm said in a post on X on Tuesday, without saying why. The new chief executive officer is Ian De Bode, a longstanding president of Ondo who has been in charge of strategy, products, and daily operations for more than two
At a record $322 billion, the total market value of stablecoins is more than the foreign currency reserves of 95 nations, including a number of developed nations. Their current market capitalization exceeds that of developed economies like the UK, Canada, and the oil-exporting behemoth UAE, as well as emerging markets like Mexico,
