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The UK government is weighing a compensation plan for victims of a major crypto fraud involving 61,000 BTC seized from Chinese scammer Zhimin Qian. Details of the Seizure and Conviction The United Kingdom government is considering a compensation plan for victims of a major fraud case that could see the Treasury retain a portion of … Read more
Tether’s ecosystem just went Omnichain on Solana. USDT0 and XAUT0, bridged versions of Tether’s USDT stablecoin and its gold token XAUT, have officially landed on Solana via Layerzero technology—opening the floodgates to nearly $175 billion in liquidity. Tether’s USDT0 and XAUT0 Arrive on Solana via Layerzero Solana just scored a major liquidity boost. Managed by … Read more
Over the past 24 hours, attention has zeroed in on the freshly confiscated bitcoins now in U.S. government custody — and the mining pool allegedly built on dirty money funneled through Chinese fugitive Chen Zhi and his notorious Prince Group scam ring. Another $2.4B in Bitcoin Could Be in U.S. Custody Interestingly, the Department of … Read more
Sony Bank — yes, the same folks behind your Playstation — is making a power move into American finance. The digital banking arm of Japan’s Sony Group has officially filed with the U.S. Office of the Comptroller of the Currency (OCC) for a national banking charter, according to Law360. Sony Group Expands Fintech Push With … Read more
French banking group ODDO BHF has launched EUROD, a euro-denominated stablecoin aimed at bridging traditional finance with blockchain-based settlements and payments. The move marks the institution’s official entry into the digital asset market. ODDO BHF Steps Into Crypto With EUROD EUROD is among the first stablecoins issued by a regulated European bank and is designed … Read more
Zeta Network Group has secured a $231 million bitcoin-backed investment through a private placement involving solvBTC. The company aims to strengthen its balance sheet and signal growing institutional confidence in bitcoin-based treasury assets. $231 Million Bitcoin Investment by Zeta Network Group Sees Adoption of SolvBTC Zeta Network Group (Nasdaq: ZNB) has announced a $231 million … Read more
On Tuesday, Bitcoin.com News covered the U.S. government’s move to seize more than 127,000 bitcoins from Chinese national Chen Zhi and an international fraud ring dubbed Prince Group. Our newsroom noted in a follow-up post that the trove was tied to an old mining pool, Lubian.com, which authorities allege was both bankrolled and managed by … Read more
A digital asset industry leader sees the Financial Conduct Authority’s decision to lift its prohibition on the sale of crypto ETNs to retail investors as a major step toward making the country a hub for crypto innovation. A Milestone for the UK Crypto Industry The Financial Conduct Authority (FCA)’s decision to lift its prohibition on … Read more
While bitcoin and ethereum lick their wounds from the latest market dip, BitMEX co-founder Arthur Hayes and Fundstrat’s Tom Lee aren’t flinching. The two remain firmly bullish, betting that both assets will crank up the heat and post massive price gains before the year wraps up. Arthur Hayes and Tom Lee Stay Ultra-Bullish As of … Read more
Cloudflare said it is working with Visa, Mastercard, and American Express to create an authentication layer for “agentic commerce,” aiming to let autonomous software agents shop and pay at millions of merchants while blocking malicious bots. Visa Intelligent Commerce, Mastercard Agent Pay to Support Cloudflare’s Agent Protocols Cloudflare disclosed that the industry collaboration will use … Read more