Tether, the issuer of the USDT stablecoin, and crypto exchange OKX have collaborated with the U.S. Department of Justice (DOJ) to seize a record $225 million in illicit USDT funds. This marks the largest-ever freeze of USDT in history. The frozen funds were linked to an international human trafficking syndicate in Southeast Asia that was […]
Osaka Digital Exchange (ODX) is set to launch its Proprietary Trading System (PTS) for security tokens by December 25. This move comes after receiving approval from Japan’s Financial Service Agency (FSA) for its securities token proprietary trading system. ODX aims to bring more liquidity and funding opportunities to securities token operations in the region. ODX […]
Cathie Wood’s ARK Invest has submitted an updated filing for its spot bitcoin exchange-traded fund (ETF), disregarding recent guidance from the Securities and Exchange Commission (SEC). The SEC had recommended that ETF proposals switch to cash creations instead of in-kind creations. However, ARK appears to be sticking with in-kind creations and redemptions, despite concerns about […]
Stablecoin issuer Tether has frozen $225 million worth of USDT tokens as part of an investigation into a human trafficking syndicate in Southeast Asia. The United States Department of Justice (DOJ) collaborated with Tether and crypto exchange OKX to freeze the funds, which were used by a crime syndicate involved in a romance scam. The […]
Mastercard has announced a new partnership with AI firm Feedzai to enhance its ability to detect and prevent fraud in cryptocurrency exchanges. The integration will involve Feedzai’s software being integrated with Mastercard’s CipherTrace Armada platform, which allows banks to monitor transactions from thousands of crypto exchanges for fraudulent activities. Feedzai’s AI-powered software can quickly identify […]
Proprietary trading system operator Osaka Digital Exchange (ODX) is set to launch the trading of digital securities in Japan. This move comes as a response to the growing demand for alternative assets. ODX’s trading system for security tokens will go live on December 25th. Two real-estate firms, Ichigo Inc. and Kenedix Inc., are planning to […]
Judge Lewis A. Kaplan of the United States District Court, Southern District of New York, has granted a request for an extension for filing post-trial motions in the case against Sam Bankman-Fried. The extension allows Bankman-Fried’s legal team to prepare for the subsequent stages of the case. The defense’s post-trial motions, initially due on November […]
Bitcoin’s Lightning Network (LN) has been a topic of debate recently, with experts discussing its potential and challenges. Marcus, CEO of Lightspark, acknowledged ongoing efforts by companies like Lightning Labs, Spiral, and his own with Lightspark in tackling these challenges. However, he emphasized that achieving full support for non-custodial Lightning with offline reception remains a […]
Argentina has elected Javier Milei as its new president, a significant victory for the staunch libertarian who is a strong supporter of Bitcoin. Milei defeated his opponent, Economy Minister Sergio Massa, with nearly 60% of the votes. This victory is notable as Massa had won the first round of elections in October. Milei’s victory has […]
In a surprising turn of events, Javier Milei, a pro-Bitcoin candidate, has been elected as the President of Argentina. With a vision that includes abolishing the Central Bank and adopting the US dollar, Milei has captured the attention of both voters and the crypto community. His victory has also had a positive impact on Bitcoin, […]
