Crypto News
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Crypto
36 stories in this section
Italy investigates government email breach linked to Revolut data leak
Italy is investigating a Revolut-linked breach after its cyber agency reported more than 650 cases involving abused or illicit certified email accounts. No direct impact on related crypto assets was reported.
US Seeks Forfeiture of $61 Million in Crypto Linked to Alleged Iranian Oil Scheme
US prosecutors are seeking to confiscate $61 million in crypto allegedly tied to an Iranian oil scheme. They claim two Chinese companies used Binance accounts to launder proceeds benefiting Iran’s government and military.
Circle’s $400M Tazapay Deal Targets Emerging-Market Stablecoin Growth
Circle’s $400 million Tazapay deal is aimed at expanding USDC in emerging markets, where Tether has long been strong. The transaction provides market links and relationships that could otherwise take years to establish.
US Bank tests cross-border USBDC transfer between its North American and European entities
US Bank tested a live USBDC payment on Stellar between its North American and European entities. The internal trial examined minting, redemption and issuer controls without involving outside participants.
Tether Crackdown Pushes Xinbi-Linked Holdings Above $45 Million Toward USDD
Bitrace estimates Xinbi-linked holdings targeted in Tether’s crackdown at more than $45 million. CryptoSlate reports that the sanctioned marketplace has announced plans to use USDD exclusively, shifting toward a decentralized stablecoin.
Visa Links Onchain Lending With Settlement Data for Stablecoin Card Funding
Visa is pairing payment settlement data with onchain lending tools to help fintechs and stablecoin-linked card programs obtain working capital, Decrypt reports. Details on participants, loan volumes, timing and involved tokens were not disclosed.
Bitcoin Holds Steady as Chainlink Reaches Eight-Month High
Bitcoin started the week flat, while LINK reached an eight-month high after Bottomline selected Chainlink to connect more than 600 banks to blockchain settlement. Bottomline provides SWIFT services and processes $16 trillion annually.
Bitcoin Shows Less Reaction Than Gold to Treasury Yield Moves
CoinDesk says Bitcoin has shown a smaller reaction than gold when Treasury yields move. The Sept. 7 briefing also flags Chainlink and the MOVE index as related assets, without providing yield levels or price data.
Kraken and SoFi Connect Crypto Trading With Banking Services
Kraken and SoFi agreed to connect crypto trading with banking and payment infrastructure. The initiative follows SoFi’s bitcoin-trading launch last year and is intended to support broader digital-asset markets.