🚨HUGE: $73B CIRCLE ACCUSED OF REFUSING TO HELP RECOVER STOLEN USDC
Law enforcement officials in Wisconsin and New York accused Circle of refusing to help return stolen USDC to scam victims, even after legal action.
Circle said it follows legal processes and lacked the technical ability to invalidate and reissue the USDC.
However, experts questioned that claim, noting Tether can burn stolen tokens and reissue them to law enforcement.
@headlines
Law enforcement officials in Wisconsin and New York accused Circle of refusing to help return stolen USDC to scam victims, even after legal action.
Circle said it follows legal processes and lacked the technical ability to invalidate and reissue the USDC.
However, experts questioned that claim, noting Tether can burn stolen tokens and reissue them to law enforcement.
@headlines
JUST IN: UK propose to BAN crypto donations to political parties and cut election campaign spending limits by 15% over foreign influence and “dirty money” concerns.
The push comes after Nigel Farage’s Reform UK received £19 million from crypto-linked donors.
@headlines
The push comes after Nigel Farage’s Reform UK received £19 million from crypto-linked donors.
@headlines
🚨Can Binance Still Make It in EU? CEO Richard Teng Reveals Regulator Invitations
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⚡️JUST IN: PayPal’s dollar-backed stablecoin is now live on Polygon through native issuance by Paxos.
The move lets businesses use PYUSD for cross-border payments through Polygon’s Open Money Stack, with direct access via existing wallets, fiat ramps, and compliance tools.
@headlines
The move lets businesses use PYUSD for cross-border payments through Polygon’s Open Money Stack, with direct access via existing wallets, fiat ramps, and compliance tools.
@headlines
⚡️NEW: CAMBRIDGE DATA CONFIRMS ETHEREUM'S POWER DEMAND HAS COLLAPSED 99.9% SINCE THE MERGE
Data from new Cambridge study confirms that Ethereum's annual energy consumption has dropped to just 7.87 GWh following the transition to proof-of-stake, slashing the network's power usage by over 99.9%.
The dramatic reduction in energy demand is expected to strengthen Ethereum's appeal among institutions and investors focused on ESG standards.
@headlines
Data from new Cambridge study confirms that Ethereum's annual energy consumption has dropped to just 7.87 GWh following the transition to proof-of-stake, slashing the network's power usage by over 99.9%.
The dramatic reduction in energy demand is expected to strengthen Ethereum's appeal among institutions and investors focused on ESG standards.
@headlines
🚨ALERT: GALAXY DIGITAL MOVES 2,500 BTC WORTH $160 MILLION
Galaxy Digital transferred 2,500 BTC, worth roughly $160 million, over the past day, with most of the funds flowing into exchange wallets, signalling that the firm is preparing to offload part of its Bitcoin holdings
@headlines
Galaxy Digital transferred 2,500 BTC, worth roughly $160 million, over the past day, with most of the funds flowing into exchange wallets, signalling that the firm is preparing to offload part of its Bitcoin holdings
@headlines
🇺🇸THE US HAS OFFICIALLY PASSED A LAW BANNING THE FEDERAL RESERVE FROM ISSUING A DIGITAL DOLLAR UNTIL 2031
The 21st Century ROAD to Housing Act became law after Trump let the 10-day signing window expire without a veto.
The Fed is now legally prohibited from issuing a CBDC or anything "substantially similar" through December 2030.
Stablecoins like USDT and USDC are explicitly exempt and untouched.
@headlines
The 21st Century ROAD to Housing Act became law after Trump let the 10-day signing window expire without a veto.
The Fed is now legally prohibited from issuing a CBDC or anything "substantially similar" through December 2030.
Stablecoins like USDT and USDC are explicitly exempt and untouched.
@headlines
🇺🇸CUSTODIA BANK IS TAKING THE FEDERAL RESERVE TO THE SUPREME COURT
The crypto-friendly bank is challenging the Fed's denial of a master account, which is required to access the US payment system.
A lower court ruled 7-3 that the Fed has discretion to deny accounts to even legally eligible institutions.
Custodia argues the Fed "has gone too far."
@headlines
The crypto-friendly bank is challenging the Fed's denial of a master account, which is required to access the US payment system.
A lower court ruled 7-3 that the Fed has discretion to deny accounts to even legally eligible institutions.
Custodia argues the Fed "has gone too far."
@headlines
🇸🇬 COINBASE AND SINGAPORE POLICE HAVE PREVENTED OVER $4.2 MILLION IN CRYPTO SCAM LOSSES
The 4.2 million was saved over a six-week joint operation where officers used blockchain analytics to identify 145 potential victims before they sent funds.
Coinbase, OKX, Gemini, and four other exchanges provided customer data so police could call or visit victims in person to stop transfers, per Singapore Police.
@headlines
The 4.2 million was saved over a six-week joint operation where officers used blockchain analytics to identify 145 potential victims before they sent funds.
Coinbase, OKX, Gemini, and four other exchanges provided customer data so police could call or visit victims in person to stop transfers, per Singapore Police.
@headlines