Crypto News
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US sanctions Xinbi marketplace and restrains $52 million in crypto
The US sanctioned Xinbi and restrained $52 million in cryptocurrency, while the Justice Department seized its Telegram channels and two wallets. Investigators are pursuing 47 additional wallets tied to the alleged laundering network.
Cointelegraph
Solana’s 300ms speed boost could carry different costs for market participants
CryptoSlate reports that Solana’s planned 300-millisecond speed boost could help fee-charging pools most clearly, while proprietary market makers and validators face different trade-offs. The analysis does not forecast an impact on SOL’s price.
CryptoSlate
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.
CryptoSlate
U.S. Freezes $52.8 Million in Crypto Linked to Xinbi Telegram Marketplace
The U.S. Secret Service froze $52.8 million in crypto linked to Xinbi, a Telegram marketplace associated with global scams. Elliptic traced the funds, while Treasury sanctioned the platform, which reportedly processed $24 billion.
Decrypt
Euro Stablecoins Face a 300-to-1 Onchain Gap With the Dollar
The euro’s onchain presence remains far below the dollar’s, with euro-pegged stablecoins totaling €711 million and less than 1% of supply. RockawayX’s Ryan Connor points to missing DeFi infrastructure and emerging MiCA-regulated rails.
CoinDesk
Bitcoin’s SOPR Records 2026’s Longest Profit Run as Bear-Market Debate Continues
Bitcoin’s aggregate onchain profit has extended to a fourth week, giving SOPR its longest profitable run of 2026. However, an analyst warned that BTC still faces downside risk as debate over a bear market continues.
Cointelegraph
Bitcoin Tests $78.3K Support as US Crude Oil Reaches Three-Month High
Bitcoin fell with US stocks at Tuesday’s Wall Street open as Cointelegraph highlighted $78,300 as a key BTC support level. US crude oil meanwhile climbed to a three-month high.
Cointelegraph
Bitmine Buys Another $69 Million in ETH as Tom DeMark Sees Uptrend Resuming
Bitmine has purchased another $69 million in ETH, while Tom DeMark expects Ethereum’s price uptrend to resume soon. At its current buying pace, Tom Lee’s treasury firm could reach its accumulation goal in about seven weeks.
CoinDesk
PwC, Merck and Hashgraph Position Cocoa Provenance System for Wider Supply-Chain Use
PwC, Merck and Hashgraph say their system combines physical authentication, digital traceability and enterprise process design. Cocoa is the first application, with the firms indicating that wider supply-chain use may follow.
CoinDesk
Polish Prosecutors Charge Fifth Suspect in Crypto Investigation
Polish prosecutors have charged a fifth suspect in a major crypto investigation linked to the exchange formerly known as BitBay. The platform became Zondacrypto in 2021 and halted trading in April after frozen withdrawals and losses estimated at $94 million.
CoinDesk
DBS and Citi Complete Weekend USD Payment on Swift Digital Ledger
DBS and Citi completed a weekend USD payment through Swift’s Digital Ledger using tokenized deposits. It is the second confirmed live use of Swift’s blockchain ledger as the network seeks to compete with always-on digital payment rails.
CoinDesk
CZ’s Kyrgyzstan visit highlights limits of state backing for stablecoin exits
CZ praised Kyrgyzstan’s KGST on September 5, while separate USDKG reporting points to institution-only direct redemption and UK sanctions against its issuer since May. The developments spotlight stablecoin exit-access risks.
CryptoSlate
Three DeFi projects face possible exclusion from future Arbitrum DAO programs
Good Entry, Limitless and APX Finance could face separate off-chain votes over exclusion from future Arbitrum DAO programs. CryptoSlate said any combined figure is not a single repayable balance or evidence of a joint obligation.
CryptoSlate
