Crypto Heist: U.S. Contractor’s Son Arrested
French authorities arrested John “Lick” Daghita, accused of stealing over $46 million in crypto from U.S. government wallets, in a joint operation with the FBI. #Breaking #Legal $ETH
OCC Expands Crypto Pipeline with ZeroHash
ZeroHash seeks OCC national trust bank charter for digital assets, joining a growing list including Morgan Stanley. Revolut pursues U.S. banking charter for crypto services. #Update #Crypto
Bitcoin Treasury Inflows Plummet to 2024 Lows
Crypto treasury inflows have decreased to levels last seen in October 2024, raising questions about market dynamics and investor behavior. #Update #Market
Bitcoin: Morgan Stanley Funds $1B Data Centers
Core Scientific secures up to $1B financing from Morgan Stanley to expand data center operations. #Update #Finance
IRS Proposes Crypto Exchanges E-Forms Rule
The IRS proposes a rule allowing crypto exchanges to deliver tax forms electronically, impacting platforms like Coinbase and Kraken. #Update #Legal
XRP Expands Inside Wall Street Clearing System
@Ripple expands its payments platform, achieving “end-to-end” solutions and adding its entity to DTCC’s National Securities Clearing Corporation directory, enhancing institutional visibility. #Update #Crypto $XRP
AI Firms Partner with Military by 2026
@PeterGirnus predicts all AI companies will collaborate with the military within three years, warning of potential nationalization for non-compliance. #Update #Crypto $BTC
Crypto Theft: CEO’s Son Arrested for $46M
FBI arrests John Daghita, son of a custody company CEO, over an alleged $46M cryptocurrency theft, seizing cash and devices resembling hardware wallets. #Breaking #Legal $BTC
Western Union Launches $3B USDPT Stablecoin
@WesternUnion partners with @Crossmint to launch the USDPT stablecoin on Solana, enabling exchanges between digital dollars and local currency at 360,000 locations globally. #Update #Crypto $SOL
Core Scientific Secures $1 Billion Loan
@CoreScientific secures up to $1 billion in financing from Morgan Stanley, including a $500 million loan facility to enhance data center infrastructure amid rising customer demand. #Update #Crypto
Bitcoin Mining Firm Secures $1B AI Pivot
Core Scientific secures up to $1 billion financing from Morgan Stanley to pivot from Bitcoin mining to AI-focused data centers, planning to monetize remaining Bitcoin holdings. #Update #Crypto $BTC
Bitcoin Surges to $74K on Institutional Demand
Bitcoin’s Coinbase Premium Gap spiked to $61 as the price neared $74,000, indicating strong U.S. institutional demand. Open Interest in derivatives markets is rising. #Update #Crypto $BTC
Bitcoin Stalls at $73K Traders Alert
Bitcoin traded at $72,648, hitting resistance at $73K as momentum stalls; traders watch $72,600 support. #Update #Crypto $BTC
Gold Profits Fuel $47B Defense Fund
Adam Glapiński of the National Bank of Poland proposes using central bank profits for a $47B defense fund, avoiding EU loans. No gold sales planned. #Update #Crypto $BTC