TRM Labs Secures $2B Valuation After Series C Expansion as Compliance Stakes Rise
TRM Labs’ Series C expansion propels its valuation to $2B, driven by quadrupled recurring revenue and heightened demand for AI-powered blockchain intelligence…
Tether and Fasanara Capital Seed $400M StableFund, Eye $3B in Private Credit Ambition
Tether and Fasanara unveil StableFund, a $400M-backed private credit fund using USDT infrastructure and eyeing $3B for global asset-backed lending.
US Secret Service Freezes $52.8M in USDT Linked to Xinbi Guarantee Escrow Network
Xinbi Guarantee saw $52.8M in USDT frozen by the U.S. Secret Service, using Elliptic intelligence. OFAC labeled Xinbi a top criminal threat as enforcement push…
Italy’s Central Bank Mandates Sanctions Controls for Crypto Transfers
Italy’s central bank, Banca d’Italia, mandates sanctions screening for crypto asset service providers, targeting illicit flows and compliance gaps in EU crypto…
Bitcoin Holds Firm as Yen Strength Raises Global Carry Trade Risks
Bitcoin steadies near $78,500 as Japanese yen surges to multi-month highs, challenging carry trades and risk appetite. ETF inflows and elevated BTC inventory t…
Treasury Secretary Bessent Signals Aggressive Bond Buybacks as Yields Press Higher
U.S. Treasury Secretary Scott Bessent signals more aggressive bond buybacks, challenging market expectations. Investors brace for potential impact on yields.
NY Fed Paper: The Hidden Dynamics Behind Global Dollar Share Declines
A New York Fed analysis shows how a few large reserve portfolios can lower the global dollar share—without a widespread move from the dollar. Implications for…
Cronos Reverses Nearly 2 Hours of Blockchain Transactions to Undo $111 Million Tectonic E…
Cronos reversed $111M tied to a DeFi exploit by rolling back nearly two hours of transactions, challenging assumptions around blockchain finality and security.
Strategy Suspends Bitcoin Purchases, Expands STRC Buyback to $2B
Strategy halts Bitcoin accumulation after last week’s major purchase, opting instead for a record $176M STRC buyback and doubling its digital credit securities…
Harmony Shuts Down, ONE Token Migrates to Ethereum Amid Security and AI Threats
Harmony Protocol shuts down, citing AI and state-actor threats, and migrates to Ethereum following a major exploit. Does the move actually enhance security?
