The U.S. Department of the Treasury has announced sweeping sanctions and forfeiture actions targeting transnational criminal organizations tied to large-scale “pig butchering” scams, including an effort to seize 127,271 bitcoin ( BTC) valued at roughly $12 billion linked to Chinese national Chen Zhi and his Cambodia-based Prince Group. U.S. Seeks $12B Bitcoin Forfeiture Linked to […]

Circle and Safe Team up to Strengthen Institutional USDC Treasury Management
https://news.bitcoin.com/circle-and-safe-team-up-to-strengthen-institutional-usdc-treasury-management/

Circle has announced a strategic partnership with Safe to make the USDC stablecoin a central component of Safe’s onchain ecosystem, positioning Safe as a premier institutional storage and decentralized finance (DeFi) solution for USDC custody. Safe and Circle Join Forces The collaboration aims to integrate Circle’s (NYSE: CRCL) regulated stablecoin infrastructure with Safe’s multisignature smart […]

S&P Global and Chainlink Bring Stablecoin Stability Ratings Onchain
https://news.bitcoin.com/sp-global-and-chainlink-bring-stablecoin-stability-ratings-onchain/

S&P Global Ratings has teamed up with Chainlink to make its Stablecoin Stability Assessments (SSAs) accessible onchain for the first time, marking a major step toward integrating traditional financial data with decentralized finance (DeFi) protocols. S&P Global Launches Onchain Stablecoin Risk Data via Chainlink S&P Global (NYSE: SPGI) announced a collaboration between S&P Global Ratings […]

Trader Accused of Trump Ties Denies Insider Trading Claims
https://news.bitcoin.com/trader-accused-of-trump-ties-denies-insider-trading-claims/

The crypto trader who reportedly amassed tens of millions of dollars in profit by successfully shorting the market during the brutal flash crash on Oct. 10th has vehemently denied accusations of insider trading and ties to the Trump family. The trader, operating under the alias Garrett Bullish and identified by some online sleuths as Garrett […]

Bitcoin and Ether ETFs Begin the Week With $756 Million in Combined Outflows
https://news.bitcoin.com/bitcoin-and-ether-etfs-begin-the-week-with-756-million-in-combined-outflows/

Bitcoin and ether exchange-traded funds (ETFs) posted a combined $756 million in outflows after two weeks of blockbuster inflows, as crypto ETFs stumbled into the new week. Crypto ETF Selloff: Bitcoin Loses $327 Million, Ether Funds See $429 Million Exit The streak of optimism in crypto exchange-traded funds (ETFs) hit a wall to start the […]

Bitcoin Tumbles as US-China Tensions Rise Again
https://news.bitcoin.com/bitcoin-tumbles-as-us-china-tensions-rise-again/

The world’s two largest economies continue to tussle over key industries related to defense and national security. U.S.-China Tensions Trigger Mid-Morning Bitcoin Slump Washington and Beijing were at it again on Tuesday morning as China moved to sanction five U.S. subsidiaries of Hanwha Ocean, a South Korean ship manufacturer with alleged links to the U.S. […]

Solmate Buys $50M in Solana Tokens to Power UAE Infrastructure Buildout
https://news.bitcoin.com/solmate-buys-50m-in-solana-tokens-to-power-uae-infrastructure-buildout/

Solmate Infrastructure has purchased $50 million in Solana tokens directly from the Solana Foundation to fuel its growing crypto infrastructure footprint across the United Arab Emirates. Solmate’s $50M Solana Purchase Aligns With UAE’s Digital Future The Abu Dhabi-based firm, Solmate Infrastructure (Nasdaq: SLMT), struck the deal during what it called “the worst liquidation event in […]