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
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US Extradites Chinese National in $36.9M+ Crypto Scam
Chinese national Zheng Zhao appeared in a California court after extradition from the Netherlands over an alleged crypto scam. Prosecutors say conspirators converted $36.9 million into $USDT. #Breaking #Fraud $USDT
Netanyahu Orders Blockchain Plan Against Potential Sanctions
Israeli Prime Minister Benjamin Netanyahu says he ordered a blockchain plan to prepare for potential banking sanctions, but named no cryptocurrencies or launch date. #Update #Blockchain
Ethereum Launches Hyperliquid Perps on Pump.fun
Pump.fun launched Hyperliquid-powered perpetual futures trading, excluding U.S. and Ontario users, with fees up to 0.10% per order and 0.25% per bridge transfer. #Update #Crypto
NBA Betting Scandal: Three Plead Guilty
Three defendants in the Malik Beasley NBA betting case plan to plead guilty, while Beasley and Ed Davis maintain their innocence. Trial set for May 2027. #Update #Legal
Binance US Seeks $100M at Low Valuation
Binance US seeks $100M at a $1B valuation, down from its previous $4.5B pre-money valuation in 2022, as it aims for broader U.S. market access. #Update #Crypto
Bitcoin Imports Surge as US Leads Again
The U.S. is now a net bitcoin importer, driven by transfers over $10 million, highlighting Americans’ preference for $BTC as a store of value. #Update #Crypto $BTC
Tether Pays Firm Linked to Crypto Official
Tether paid $6.3M to Nxum, partly owned by ex-White House crypto official Bo Hines, raising conflict of interest concerns. #Update #Legal
Polygon Launches US-Regulated Payments System
Polygon Labs finalizes Coinme acquisition, expanding regulated payments to 48 U.S. states via Open Money Stack platform. Early adopters include Tazapay, Mesh, Toku, and Kira. #Update #Crypto $MATIC
Supreme Court Push: NFL Joins 39 States
Ohio, 38 states, and D.C. back New Jersey’s Supreme Court petition against Kalshi; NFL criticizes CFTC for ignoring age limit and bet manipulation concerns. #Update #Legal
Coinbase Bans Michigan Sports Markets
Coinbase will halt sports contracts in Michigan by Oct. 10, joining Kalshi and Robinhood amid regulatory pressure. Kalshi faces $500K daily fines for violations. #Update #Legal
Bitcoin Transfers $770M Mystery Wallets Emerge
Galaxy Research tracked 9,261 BTC worth $770M moving to Coinbase Prime, including 2,456 BTC from previously unidentified U.S. government wallets. #Breaking #Crypto $BTC
US Debt Crisis Looms: Dalio’s 3-Year Warning
Ray Dalio warns of a potential U.S. debt crisis within three years, with current spending at $7.5 trillion against $5.5 trillion in revenue. #Update #Economy
Trump Appoints Jay Clayton to Super Intelligence
President Trump appoints Jay Clayton to lead a new federal AI task force, focusing on “Super Intelligence” terminology and U.S. technological leadership. #Update #AI