Treasury Secretary Scott Bessent of the United States Department of the Treasury revealed that the Office of Foreign Assets Control (OFAC) of the department has frozen $344 million worth of cryptocurrencies after sanctioning several wallets associated with Iran. Bessent said in a Friday X post that OFAC’s action was an
As investor confidence in Bitcoin continues to rise, exchange-traded funds (ETFs) in the United States have continued their strong inflow performance into late April, continuing a nine-day run. Total net inflows hit around $2.12 billion for the period (April 14–24), with April 17 seeing the best single-day performance (663.9 million
REAL is pleased to announce that it has entered into a strategic agreement with RWA Inc., a worldwide platform that focuses on the tokenization of real-world assets, investor access, and Web3 growth infrastructure. The purpose of this partnership is to bring together two teams that are oriented around a same
Today, Dreamspace, an AI app builder that enables anybody to create and launch a fully working app without writing a single line of code, was introduced by the creators of Space and Time, the data blockchain that secures onchain finance. M12, Microsoft’s Venture Fund, which led a $20 million investment in
Sentora, an institutional DeFi intelligence and risk management platform, and Firelight Protocol have partnered to provide native coverage for Sentora’s public and private vaults. In order to facilitate institutional involvement across Sentora’s platform—which now oversees billions in deployed capital—the integration adds a capital-backed protection layer. With infrastructure integrated into platforms like
Buying pressure for Bitcoin (BTC) increased throughout Wednesday’s New York trading session, sending the price soaring beyond $79,000. A fresh analysis stated that the ongoing decline in the supply of Bitcoin on exchanges indicates a decrease in the immediate selling pressure. According to CryptoQuant’s statistics, the demand for Bitcoin derivatives on Binance has
On Wednesday, GSR, an institutional crypto trading platform, debuted its first crypto exchange-traded fund, and on the first day of trading, the fund saw approximately $5 million in activity. Bold Entry into the Crypto ETF Industry Wednesday, GSR announced that its Crypto Core3 ETF (BESO) will be offering staking incentives
Following Bitcoin’s roughly 6% rally to almost $80,000 on Wednesday, a crypto market sentiment indicator reached its highest level in over three months. The Alternative.me Crypto Fear & Greed Index reached its highest position since January 18th, climbing 14 points to 46 out of 100. This was the biggest single-day
According to Tron founder Justin Sun, he sued World Liberty Financial, which is backed by the Trump family, for reportedly threatening to burn his tokens and freezing them without providing any reason. Sun said in a Wednesday social media post that he was attempting to defend his token holder rights by filing
To make it more difficult for hackers to shift monies from previous high-profile attacks, crypto-protocol Umbra claimed it had shut down its front-end website. Umbra acknowledged on Tuesday in a post on X that their protocol was used to transfer around $800,000 worth of stolen assets. Additionally, it said that it has
