T3 Financial Crime Unit says it has frozen over $450 million tied to suspected illicit activity as stablecoin compliance pressures intensify. The T3 Financial Crime Unit, a joint initiative backed by Tether, Tron and blockchain analytics company TRM Labs, says it has helped freeze more than $450 million in assets linked to suspected criminal activity...Continue Reading

Bitcoin price traded below $80,000 as investors braced for the US Senate CLARITY Act markup vote that could see sudden swings toward key BTC price levels. Bitcoin (BTC) bulls made another attempt to reclaim the $80,000 level on Thursday, as traders expect price swings before and after the CLARITY Act vote. Key takeaways: The CLARITY...Continue Reading

Twenty FTX victims are suing Fenwick & West, claiming the law firm didn’t just represent FTX, it helped build the infrastructure that kept the fraud running. A group of 20 victims from five countries or jurisdictions has filed a $525 million lawsuit against Fenwick & West LLP, one of Silicon Valley’s top tech law firms,...Continue Reading

The bank raised its reported IBIT holdings by 174% in the first quarter while also adding exposure to select Bitcoin, Ether and Solana-linked funds. JPMorgan Chase increased its reported holdings in several Bitcoin exchange-traded funds (ETFs) in the first quarter, led by a 174% jump in its position in BlackRock’s iShares Bitcoin Trust (IBIT), according...Continue Reading

BoE weighs easing UK stablecoin caps and reserve demands after industry backlash, in a move that could decide whether GBP tokens can compete with dollar‑pegged rivals. The Bank of England (BoE) is reconsidering parts of its proposed regime for pound sterling stablecoins after digital asset companies warned that holding caps and reserve requirements could stifle...Continue Reading

Crypto analysts spot early altcoin recovery signals as key metrics improve and capital rotation hints at a potential altseason in 2026. Crypto market analysts say increasing altcoin performance and volumes on Binance, a rising altseason index and a strengthening TOTAL2 macro structure are early signs that the market could enter an altseason in 2026. Key...Continue Reading

The CFTC issued no-action relief from certain swap reporting rules for fully collateralized event contracts as prediction market disputes widen. The US Commodity Futures Trading Commission’s (CFTC) market and clearing divisions issued no-action relief for fully collateralized event contracts, easing certain swap data reporting and recordkeeping obligations for prediction market operators and clearing organizations. The...Continue Reading

BitGo’s headline revenue figure doubled year-over-year to $3.8 billion, but a Bitcoin price decline and IPO-related costs pushed net losses to $60.7 million in the first quarter. Digital asset infrastructure company BitGo reported a wider first-quarter net loss as Bitcoin treasury mark-to-market losses and IPO-related expenses outweighed stronger client growth and a year-over-year jump in...Continue Reading

One of the developers behind the crypto-mixing protocol Samourai Wallet has publicly expressed hopes for a pardon, along with FTX founder Sam Bankman-Fried. US President Donald Trump is reportedly considering pardoning 250 people to commemorate the country’s 250th birthday on July 4, according to The Wall Street Journal. An official announcement could come on June...Continue Reading

A New York judge has ordered supplemental briefings because Aave did not adequately outline how compounding losses could occur if the restraining notice remains in place. A New York judge has delayed a decision on Aave’s emergency bid to unfreeze $71 million worth of crypto tied to victims of the $293 million Kelp DAO hack,...Continue Reading