Zcash ETF Costs Slashed by Grayscale
Grayscale’s Zcash ETF (ZCSH) will conduct a 3-for-1 share split, effective Sept. 30, amid $233M inflows since launch, boosting accessibility. Crypto
Bitcoin Liquidations Hit $547 Million as Price Soars
Traders betting against Bitcoin face liquidations as BTC surges past $81,000, totaling $547 million in leveraged bets closed, primarily from shorts. $BTC leads with $243.54 million liquidated. #Breaking #Crypto $BTC (-8) ↘
Crypto Gang Dismantled in $7M UAE-Sweden Raid
UAE and Sweden dismantle a $7M crypto money laundering network linked to organized crime and contract killings, arresting seven gang members. #Breaking #Legal
Crypto Provider Haruko Hit by Cyberattack Losing Funds
@Haruko suffered a cyberattack affecting 15 clients, resulting in a small amount of stolen funds and trading data; vulnerabilities in their infrastructure were exploited. #Breaking #Crypto
Stablecoin Test Success: SBI Kyobo Innovate
SBI Digital Practice and Kyobo Life completed a Japan-Korea stablecoin test bypassing dollar conversion, using yen-won tokens in a Canton Network trial.
Bitcoin Laundering Ring Bust $7.1M Seized
Seven arrested in UAE and Sweden for $7.1M crypto laundering linked to organized crime; Swedish national detained under Interpol Red Notice. #Breaking #Legal
Bitcoin Tolls: Treasury Bans Iran Exchange
The U.S. Treasury sanctioned Iran’s BitBank for moving Bitcoin to the IRGC, implicating financier Babak Zanjani in a sanctions evasion scheme. #Breaking #Legal
Bitcoin Exchange BitBank Sanctioned Over IRGC Transfers
The U.S. Treasury’s OFAC sanctioned Iranian crypto exchange @BitBank and developer Pishtaz Simorgh for allegedly transferring hundreds of millions in bitcoin to the IRGC, part of Operation Economic Outcast. #Breaking #Legal $BTC
XRP Transfers $649M to Five Wallets
500 million $XRP worth $649M left @Uphold for five wallets; each received 100M XRP. The move, possibly institutional, occurred as $XRP traded near $1.30. #Breaking #Crypto $XRP
Bitcoin Exchange Fuels Iran Strait Toll Booth
Iran’s BitBank crypto exchange allegedly facilitated hundreds of millions in bitcoin transactions for the Islamic Revolutionary Guard Corps, prompting U.S. Treasury sanctions. #Breaking #Legal $BTC
Brazil Bans Online Casinos by Decree
Brazil plans to ban online casino games via decree, risking $194.9M in football sponsorships and $5.8M operator licenses; measure faces legal challenges.
Bitcoin Sanctions Iran’s BitBank Over Payments
US Treasury sanctions Iranian crypto exchange BitBank for processing Bitcoin payments linked to the Islamic Revolutionary Guard Corps, aiming to isolate Iran from financial systems. #Breaking #Legal $BTC
Bitcoin Peg-Out Halted Blockstream Defies Hacker
Liquid’s hackers returned 3,400 BTC but retain 598.50 BTC; L-BTC peg-outs remain frozen despite Blockstream’s assurance of a 1:1 peg. #Breaking #Crypto $BTC
Bitcoin Lawsuit Targets BitMEX ‘God Access’
@BRIC, a joint venture of Vaneck and GXD Labs, sues five BitMEX entities to recover 6,360 BTC for former Celsius customers over March 2020 liquidations. #Breaking #Legal @BRIC