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Author: Isabella Taylor
The U.S. has seized nearly $500 million in Iranian crypto assets, Treasury Secretary Scott Bessent said. Summary Treasury Secretary Scott Bessent said U.S. crypto seizures tied to Iran now approach $500 million. The figure is higher than the $344 million USDT freeze previously confirmed by Tether. The seizures form part of Operation Economic Fury, targeting Iran’s banks, crypto assets, and oil networks. The figure is higher than the $344 million in USDT previously reported as frozen by Tether. Bessent said the seizures are part of Operation Economic Fury. President Donald Trump ordered the campaign in March 2025 to increase financial…
Crypto has become the most-muted topic on X since the platform launched its snooze feature. Summary Crypto ranked as the most-muted topic on X, ahead of politics, sports, and business. X’s snooze feature lets Premium users hide unwanted topics from For You feeds for 24 hours. AI-generated spam and InfoFi posting likely drove more users to mute crypto content. The shift comes as users complain about AI-generated spam and low-quality engagement farming across Crypto Twitter. X head of product Nikita Bier said crypto is now the most-muted topic on the platform. It ranked ahead of politics, the Iran conflict, sports,…
The crypto market fell 2.6% to $2.60 trillion on Thursday as concerns over a prolonged blockade at the Strait of Hormuz and the Federal Reserve’s hawkish stance on rate cuts weighed on investor sentiment. Summary Crypto market cap drops 2.6% to $2.60T as Bitcoin falls to $75,102 and major altcoins decline amid risk-off sentiment. Escalating U.S.–Iran tensions and a prolonged Strait of Hormuz blockade push oil above $110, raising inflation and recession concerns. Federal Reserve holds rates at 3.5%–3.75% and signals no near-term cuts, reinforcing a “higher-for-longer” outlook that pressures crypto markets. Bitcoin (BTC) price dropped 3.5% to an intraday…
South Korea-based crypto venture firm Hashed has secured regulatory approval to operate from Abu Dhabi Global Market, expanding its presence into the Middle East’s regulated financial zone. Summary Hashed has received ADGM approval allowing it to advise on investments, manage assets, and operate funds under a regulated framework. The firm said the license will help connect Middle Eastern institutional capital with global founders and markets. According to a company announcement, Hashed’s group entity, Hashed Global Management Limited, has received a Financial Services Permission from ADGM, allowing it to carry out regulated activities such as advising on investments or credit, arranging…
Meta has begun offering select creators the option to receive payouts in USDC, expanding its payments model into blockchain-based transfers. Summary Meta will allow select creators to receive payouts in USDC through wallets on Solana and Polygon. Stripe will handle the payment processing, and users have been advised to retain transaction records for tax reporting. According to a support page published by Meta Platforms, eligible creators can receive USDC directly into crypto wallets operating on the Solana or Polygon networks. The company noted that payouts are processed through Stripe, which may also provide users with crypto-related tax reporting tied to…
Twenty One Capital shares rose after hours after Tether backed a proposed merger with Strike and Elektron Energy. Summary Twenty One Capital shares gained after hours after Tether backed a three-way Bitcoin merger plan. Strike would add payments and financial services, while Elektron would bring Bitcoin mining infrastructure. Tether said the deal could move Twenty One beyond Bitcoin treasury exposure alone. The plan could move the Bitcoin-buying company beyond treasury holdings and into payments, mining, and financial services. Tether said it intends to vote in favor of merging Twenty One Capital with Strike. The combined company would then merge with…
Ripple Prime will route clients into Bullish’s regulated BTC options while Ripple and OKX push RLUSD into compliant markets, extending Ripple’s $1.25b prime‑broker bet. Summary Ripple is expanding its partnership with Bullish to give Ripple Prime clients direct access to Bullish’s regulated Bitcoin options market. Bullish says its Bitcoin options venue is the world’s second-largest crypto‑settled BTC options market by open interest. Ripple and OKX are also partnering to bring RLUSD to compliant markets, as Ripple Prime scales institutional brokerage after a $1.25 billion prime‑broker acquisition. Ripple has expanded its institutional derivatives push, announcing that Ripple Prime will connect directly…
Fence netted $20 million from Galaxy Digital to tokenize a $6 trillion asset‑backed finance market that still runs on manual, legacy rails. Summary Blockchain finance startup Fence has raised $20 million in funding led by Galaxy Digital. Fence aims to modernize the $6 trillion U.S. asset‑backed finance market through tokenization and automated infrastructure. The company already manages around $1.5 billion in assets and works with institutions such as BlackRock. Fence has secured a $20 million investment led by Mike Novogratz’s Galaxy Digital to bring blockchain infrastructure to the roughly $6 trillion U.S. asset‑backed finance market, in one of the clearest…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. WHITE TECH secures MiCA authorization in Croatia to operate as a regulated crypto-asset service provider. Summary WHITE TECH secures MiCA authorization in Croatia, enabling regulated crypto services under EU-wide compliance standards. HANFA has approved WHITE TECH as a CASP, strengthening its role in regulated crypto exchange and custody services. WHITE TECH enters the EU’s unified MiCA framework, expanding compliant crypto-asset services across regulated markets. WHITE TECH, part of the W Group ecosystem and majority-owned by Volodymyr Nosov, Founder and…
On-chain data from Santiment shows 970,430 LINK tokens left centralized exchanges on April 27 in a single day, the largest LINK outflow since December 2, 2025, worth approximately $8.95 million, as exchange reserves continued a 25-day decline from 141.5 million to 130.9 million. Summary The 970,430 LINK withdrawal on April 27 was worth approximately $8.95 million at the time and represents the largest single-day net outflow for Chainlink since December 2, 2025. Exchange reserves have fallen consistently since April 3, when a 15-million-token inflow spike pushed reserves to their 30-day peak of 141.5 million tokens before a sustained withdrawal trend…
