US Launches $5M Pacific Illicit Crypto Hunt
The U.S. Department of State commits $5M to train Pacific officers in crypto tracing and digital forensics and strengthen anti-money-laundering laws. #Update #Crypto @StateDept
Cryptocurrency
Bank of Israel Rejects Netanyahu’s Crypto Sanction-Evasion Plan
The Bank of Israel rejected Prime Minister Benjamin Netanyahu’s proposal to use cryptocurrency to bypass potential sanctions, urging leaders to protect trade ties instead. #Update #Crypto $BTC
Ripple Legal Chief Flags Crypto Offering Losses
@Ripple legal chief Stuart Alderoty called for clearer promises and accountability in crypto offerings. A survey found half of recent buyers reported losses. #Update #Regulation
Bitcoin Bettors Drive Platforms’ Record $2.7B Week
@Kalshi and @Polymarket hit a record $2.7B in weekly crypto contract volume, driven largely by short-term $BTC bets. #Update #PredictionMarkets
Grayscale Warns Token Inflation Can Erase Holder Rewards
@Grayscale says token inflation can erase gains from staking rewards and buybacks, so investors should weigh new supply alongside protocol earnings and payouts. #Update #CryptoValuation
New York Seeks $1.37B From Novatech Founders
New York seeks $1.37B from @NovaTech founders Cynthia and Eddy Petion after they failed to appear in a crypto fraud case; prosecutors say little investor money reached trading. #Breaking #Legal
South Africa Backtracks on Crypto Rules After Backlash
South Africa will revise draft crypto rules after exchanges warned that proposed self-custody wallet bans could drive users to unregulated channels. Officials plan new consultations and closer alignment with global standards. #Update #CryptoRegulation
Fireblocks Denies Visa Deal Rumors After Report
@Fireblocks denied an @Axios report that @Visa was in talks to buy it for $2.5 billion. Visa declined to comment. #Update #Acquisitions
SoFi Offers 4.40% on Fully FDIC-Protected Digital Dollars
@SoFi launches SOFIE, a tokenized bank deposit paying 4.40% APY with Federal Deposit Insurance Corporation coverage within applicable limits; balances convert 1:1 to SoFiUSD. #Update #Banking
Grayscale Opens In-Kind ETF Access, Six-Figure Minimums
@Grayscale now accepts direct crypto contributions for shares in 10 investment products, letting eligible investors skip a cash conversion. Minimums start near $80,300; an authorized participant or approved intermediary is required. #Update #ETF
DekaBank Plans Savings Bank Customer Crypto Trading
@DekaBank plans to roll out crypto trading through participating @Sparkasse banks’ apps, giving savings bank customers regulated access to $BTC, $ETH, $SOL, $XRP and Polygon. #Update #Crypto $BTC
Chainlink, Cardano, Four Others Approach SEC
@ChainlinkLabs, @Cardano_CF and four other blockchain groups urged the U.S. Securities and Exchange Commission to put digital-commodity status into binding rules, seeking clearer token and secondary-trading rules. #Update #Crypto $LINK
Project Eleven, Relm Explore Crypto-Insurance Quantum Risks
@ProjectEleven and @RelmInsurance are exploring how post-quantum security controls could shape crypto insurance underwriting, using @Strongpoint to assess custody risks and preserve audit records. #Update #CryptoInsurance
Blockchain.com’s $5 Crypto Options Have Seven-Day Catch
@Blockchain.com launched options on seven cryptocurrencies, with premiums starting at $5. Contracts expire within seven days and cannot be closed early; U.S. users are excluded. #Update #CryptoOptions