Circle’s $420M Compliance Gap Exposed As USDC Freeze Failures Raise Industry Concerns

A new report from on-chain investigator ZachXBT is putting Circle under intense scrutiny, alleging more than $420 million in compliance failures tied to its flagship stablecoin, USDC, since 2022. Dubbed the “Circle USDC files,” the report outlines a pattern of delayed or absent intervention in cases involving hacked or illicit funds. While other stablecoin issuers … Read more

SEC Warns Fake Officials Exploit Trust With Fraud Tactics Targeting Investors

SEC warns of rising impersonation scams using official branding and fake identities to exploit investor trust, highlighting growing risks tied to social media and text-based fraud schemes targeting financial data and funds. SEC Warns Investors About Impersonation Scams, Fraud Tactics The U.S. Securities and Exchange Commission (SEC) shared on social media platform X on April … Read more

Coinbase Clarifies ‘We Are Not Becoming a Bank’ After Receiving Conditional OCC Nod That Hints at Bigger Moves

Coinbase’s OCC trust charter approval cements a federally regulated path for crypto infrastructure, with CEO Brian Armstrong clarifying it is not becoming a bank as the firm advances institutional custody ambitions without entering traditional lending or deposit activities. Coinbase OCC Trust Charter Signals Federal Crypto Oversight Shift Crypto exchange Coinbase (Nasdaq: COIN) said it is … Read more

Ripple Highlights RLUSD Impact as Real-World Value Flows Into Small Businesses

Ripple is driving measurable economic impact through its RLUSD initiative, channeling millions into underserved U.S. small businesses while expanding access to capital and supporting job creation. Ripple RLUSD Funding Drives Small Business Growth Across the United States Blockchain payments company Ripple shared on social media platform X on April 2 an update about its $15 … Read more

Charles Schwab Announces Crypto Accounts Are ‘Coming Soon’

The institution announced that it will offer a new kind of account, crypto accounts, to its customers, allowing them to dabble in cryptocurrency trading. The move, anticipated by CEO Rick Wurster last month, will bring this feature to over 46 million clients. Key Takeaways: Charles Schwab is launching direct Bitcoin and Ether trading for its … Read more

Trump Appoints Todd Blanche as Department of Justice Interim Head

Todd Blanche has been appointed interim U.S. Attorney General following a shake-up at the Department of Justice. His prior actions on crypto enforcement and personal holdings are drawing scrutiny. New DOJ Interim Chief Linked to Crypto Enforcement Shift President Donald Trump has appointed Todd Blanche as the interim U.S. Attorney General, replacing Pam Bondi in … Read more

Polymarket Shifts Fully Into Fee-Based Model

Polymarket has quietly entered a new phase, and it’s already starting to show in the numbers. The platform, which is one of the biggest names in prediction markets, is now operating in what looks like a fully fee-based model. This shift didn’t come with too much noise at first, but recent data has made it … Read more

YZi Labs And Susquehanna Back PredictFun With New Investment

YZi Labs, alongside Susquehanna Crypto, has made a fresh strategic move into the prediction market space, backing PredictFun with a follow-on investment. It’s not exactly coming out of nowhere, though, this is more like doubling down on something they already believe in. From what’s been said, the goal is pretty clear: build what they describe … Read more

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