Tether Helps Turkey Seize $544 Million in Crypto Tied to Illegal Betting
Tether has assisted Turkish authorities in seizing approximately $544 million in cryptocurrency connected to an illegal betting network, the stablecoin issuer announced.
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Tether has assisted Turkish authorities in seizing approximately $544 million in cryptocurrency connected to an illegal betting network, the stablecoin issuer announced.
A South Korean cryptocurrency firm accidentally distributed approximately $40 billion worth of bitcoin to customers in what appears to be one of the largest financial errors in history.
Cryptocurrency markets experienced extreme volatility this week, with BlackRock Bitcoin ETF attracting 231.6 million dollars in inflows following its second-worst trading day of the year, even as a major trading firm suffered an estimated 686 million dollar loss when its leveraged Ethereum position unraveled after the token crashed below 2000 dollars.
Security researchers discovered malicious open source packages on npm and PyPI repositories that specifically targeted users of the dYdX cryptocurrency exchange, stealing wallet credentials and installing backdoors on compromised systems.
Beijing has broadened its cryptocurrency ban to include real-world asset (RWA) tokenization and unapproved offshore yuan-linked stablecoin issuance.
Major bitcoin mining companies are abandoning their crypto-centric identities and pivoting toward artificial intelligence infrastructure, signaling a fundamental shift in the industry.
Bitcoin has rebounded to $76,000 after its sharp plunge below $73,000 earlier this week, with Ether and other major cryptocurrencies also recovering ground. However, analysts caution that the bounce may prove temporary as underlying market dynamics remain fragile.
A brutal tech sell-off drove Wall Street sharply lower on Tuesday, with AI darlings Nvidia and Microsoft suffering massive losses while Bitcoin crashed below $73,000 to hit a 16-month low, wiping out trillions in market value.
Ethereum co-founder Vitalik Buterin has issued a stark reality check to layer-2 networks, stating the current roadmap "doesnt make as much sense" because progress toward decentralization has been slower and more difficult than anticipated — while Ethereum itself is now scaling directly.
MetaMask has integrated with Ondo Finance to offer over 200 tokenized U.S. stocks and ETFs directly within its crypto wallet, marking one of the first times traditional equities have been made natively available through a major self-custodial platform.
A Nevada judge has temporarily barred prediction market Polymarket from offering event contracts in the state, pushing back against the platform claims that only the federal Commodity Futures Trading Commission has jurisdiction over such markets.
Y Combinator, the influential startup accelerator that has backed companies including Airbnb, Stripe, and Coinbase, will begin offering funding in USDC stablecoins starting this spring, marking a significant legitimization of crypto payments for startup financing.
Standard Chartered analyst Kendrick Geoffrey has lowered his near-term Solana price prediction but remains bullish on the cryptocurrency long-term potential, forecasting it could reach $2,000 by the end of the decade despite the token recent plunge below $100.
Cryptocurrency markets are experiencing what traders describe as "extreme fear," yet decentralized finance platforms are showing unexpected strength while analysts suggest a prolonged downturn may be closer to ending than beginning.
ARK Invest, led by star investor Cathie Wood, has purchased over $70 million worth of cryptocurrency-related stocks as bitcoin continues its downward slide, signaling confidence in the sector despite ongoing market turbulence.
Five New York prosecutors have raised serious concerns about the proposed GENIUS Act, warning that the stablecoin legislation could create perverse incentives for major issuers like Tether and Circle to avoid cooperating with law enforcement—potentially allowing them to profit from criminal activity involving their tokens.
Bitcoin has closed its fourth consecutive month in the red, falling below $78,000 as ETF outflows accelerate and a disturbing trend emerges: violent physical attacks against crypto holders are surging.
Investment firm Bernstein predicts the current short-term crypto bear cycle will reverse in 2026, with bitcoin finding a bottom in the 60,000 dollar range before potentially beginning what they describe as the most consequential cycle in digital asset history.
Michael Saylors Strategy, formerly MicroStrategy, has acquired an additional 855 bitcoin for approximately 75 million dollars, just days before last weeks significant market crash that briefly pushed the companys total holdings underwater.
The latest Bitcoin selloff has exposed what many in the crypto industry prefer not to acknowledge: despite thousands of alternative tokens and growing institutional adoption, the entire digital asset market still moves largely in lockstep with Bitcoin.
Solana-based decentralized exchange aggregator Jupiter has announced it will integrate Polymarket on its platform, while securing a 35 million dollar strategic investment from ParaFi Capital with an extended lockup period.
A United Arab Emirates firm with ties to one of the Gulf states most powerful investors has acquired a 500 million dollar stake in the Trump family crypto venture World Liberty Financial, according to reports from the New York Times and Sydney Morning Herald. The deal raises significant concerns about conflicts of interest as President Trump simultaneously conducts foreign policy negotiations with the UAE.
In a decade-delayed resolution to one of cryptocurrencys most infamous incidents, unclaimed Ethereum from the 2016 DAO hack will be staked and distributed to create a 220 million security fund for the blockchain ecosystem.
Bitcoin plunged to its lowest level of 2026 on Thursday, falling to $85,200 as risk-off sentiment gripped global markets. The decline came even as gold briefly surged to $5,600 before retreating below $5,200, highlighting unusual cross-asset volatility.
US cryptocurrency legislation reached a critical milestone on Thursday as the Senate Agriculture Committee began markup hearings on comprehensive market structure rules. However, a contentious debate over whether stablecoins should be allowed to pay yield to holders has emerged as a potential dealbreaker that could derail the bill's progress.
A wave of institutional investment is flowing into the Solana ecosystem this week, with three major developments signaling growing mainstream confidence in the blockchain platform despite recent price volatility.
The Securities and Exchange Commission has issued comprehensive guidance clarifying that tokenized securities fall under federal securities laws, marking a significant step toward regulatory clarity for the digital assets industry.
Gold has surged to a new all-time high above $5,400 per ounce following Federal Reserve Chair Jerome Powell's remarks dismissing the precious metal's rally as having no macroeconomic significance—comments that paradoxically fueled more buying.
Cryptocurrency scammers exploited a brief gap during a trademark dispute to launch a meme coin called CLAWD, briefly inflating its value to $16 million before the scheme collapsed.
The White House plans to host a meeting next week with senior leaders from both the banking and cryptocurrency sectors to discuss digital asset market structure legislation.