Crypto News
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Crypto
58 stories in this section
DOJ Moves to Forfeit $61 Million in Crypto Linked to Iranian Oil Sales
The U.S. DOJ is seeking to forfeit $61 million in cryptocurrency it says came from Iranian black-market oil sales and was laundered through Binance accounts, Bitcoin Magazine reported.
Nigel Farage-backed Stack BTC plans $16 million gold dealer acquisition
Stack BTC, backed by Nigel Farage, plans to acquire a gold dealer for $16 million. The proposed deal would use cash flow from precious-metals sales to increase the company’s bitcoin holdings, CoinDesk reports.
U.S. DOJ Seeks $61 Million in Alleged Iran Crypto-Laundering Case
The U.S. Justice Department has filed a civil forfeiture complaint seeking $61 million in alleged crypto proceeds from Iran’s black-market oil sales, which prosecutors say helped fund the country’s military.
India Launches Pilot to Tokenize Its $620 Billion Corporate Bond Market
India’s SEBI and RBI are testing tokenized corporate bonds through the “Demat 2.0” pilot. Three companies have raised about $107 million, with transactions settled using the wholesale digital rupee.
Anthropic Chief Calls for Slower, Safer AI Development
Anthropic’s chief urged a slower, safer pace for AI development, while OpenAI CEO Sam Altman agreed with the safety concerns. Altman also said there would be no initial share sale this year, Cointelegraph reported.
Revolut reports customer information exposed through fraudulent government email
Revolut said a fraudster using a government agency domain obtained passports, selfies and financial transaction histories from some customers. Cointelegraph reported the disclosure, without specifying the number of affected users.
North Korea Reportedly Uses Foreign IT Workers to Enter US Companies
Cointelegraph reports that North Korea is using IT workers from third countries to pass interviews for jobs at US companies. North Korean operatives allegedly take over those positions after the workers secure employment.
India Launches Tokenization Pilot for $620 Billion Corporate Bond Market
SEBI’s Demat 2.0 pilot is tokenizing India’s $620 billion corporate bond market and using the RBI’s wholesale digital rupee for settlement. Secondary trading and retail participation are planned for later phases.
Trezor Reports Email Provider Breach Behind Fake Security Alert
Trezor said hackers breached its email provider and sent a fake alert claiming a hardware flaw could expose users’ recovery phrases. The company did not indicate that its hardware or customer funds were affected.
Steak ‘n Shake Says Sales Grew Double Digits Since Bitcoin Adoption
Steak ‘n Shake says sales have risen by double digits since it began accepting Bitcoin via the Lightning Network last year, according to Bitcoin Magazine. The company did not disclose an exact growth percentage.
Germany Draft Bill Would Tax Bitcoin Gains Like Stock Investments
Germany is weighing a draft bill to tax bitcoin gains more like stock investments, targeting tax-free sales after a 12-month holding period. Existing bitcoin holdings would keep their current tax treatment, according to CoinDesk.