Wallets seized by OFAC may not be Iranian; other state actors instead: Analyst

In recent developments, treasury Secretary Scott Bessent said that wallets the US targeted as part of Operation Economic Fury were linked to Tehran, but analysis of the wallets’ characteristics suggests…

GameStop makes $55.5B offer to buy eBay in surprise takeover bid

In recent developments, gameStop proposes a $55.5 billion cash-and-stock takeover of eBay, disclosing a 5% stake and says CEO Ryan Cohen would lead the combined company. Looking closer, market participants…

South Korea crypto sector warns AML proposal goes too far: Report

In recent developments, crypto industry body DAXA said the proposed rules could push suspicious transaction reports from South Korea’s five largest exchanges to more than 5.4 million a year, Yonhap…

Bitcoin logs best monthly performance in 12 months during April

In recent developments, despite being the best-performing month in the past 12 months, Bitcoin still came in slightly below its historical average, according to CoinGlass data. Looking closer, market participants…

Crypto industry will be ‘just fine’ if CLARITY Act doesn’t pass: Chris …

In recent developments, the efforts of the SEC and CFTC chairmen indicate that the crypto industry will not suffer without the CLARITY Act, according to crypto executive Chris Perkins. Looking…

New York forces Uphold to pay $5M over fraudulent crypto investment scheme

In recent developments, new York AG Letitia James secured a $5 million settlement from Uphold for promoting CredEarn, a crypto savings product that misled users about its risks. Looking closer,…

Capital B raises $1.3M from Adam Back for Bitcoin strategy

In recent developments, the Blockstream CEO subscribed to 10 million warrants as Capital B pushes ahead with its Bitcoin treasury strategy. The development has drawn attention from traders and analysts…

BTC price can ‘easily’ hit $95K: Five things to know in Bitcoin this week

In recent developments, bitcoin gained fresh bullish BTC price targets after hitting new three-month highs above $80,000. The development has drawn attention from traders and analysts who are evaluating potential…

US CISA adds ‘insane’ Linux Copy Fail flaw to watch list

In recent developments, malicious actors with code execution capability may gain root access on Linux systems using as few as 10 lines of Python, according to a researcher. Looking closer,…

Iran’s largest crypto exchange founded by sons of family tied to supreme le…

In recent developments, nobitex, Iran’s largest crypto exchange, was founded by brothers linked to the powerful Kharrazi family, which has ties to the country’s supreme leaders. Looking closer, market participants…