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Two parallel initiatives by law enforcement and private companies have frozen over $300 million in crypto in an anti-fraud crackdown. According to Bleeping Computer, blockchain intelligence firm TRM Labs, TRON, Tether, and Binance joined the T3 Financial Crime Unit (T3 FCU) initiative launched in September 2024. Dubbed the T3+ Global Collaborator Program, the operation has…

Czech authorities have arrested convicted drug trafficker Tomas Jirikovsky in a deepening probe into a $45 million Bitcoin donation to the Ministry of Justice that ignited a political firestorm earlier this year. Key Takeaways: Czech police arrested convicted drug trafficker Tomas Jirikovsky over a $45M Bitcoin donation. The donation, accepted without verification by former Justice…

Hong Kong’s Securities and Futures Commission (SFC) has issued strict new custody standards for virtual asset trading platforms following global security incidents that resulted in over $3 billion in crypto losses during the first half of 2025. The comprehensive circular sets minimum requirements for wallet infrastructure, transaction verification, and access controls as the regulator prepares…

Crypto lobbying group the DeFi Education Fund is officially launching its namesake foundation, the company announced in an August 13 press release. DeFi Education Fund Launches New Foundation According to the Wednesday press release, the DeFi Education Foundation will continue the digital asset-focused collective’s crypto advocacy work while giving donors the opportunity to benefit “from…

A coalition of crypto and fintech leaders is pressing U.S. President Donald Trump to prevent banks from imposing new charges on customer data access, warning such fees could undermine innovation and consumer choice. Key Takeaways: Crypto and fintech leaders urged President Trump to block bank fees for customer data access. The dispute centers on Biden’s…

The crypto market continues to deliver surprises. Although Bitcoin’s dominance is growing steadily, memecoins are also making a comeback. The Shiba Inu price soared, with the BONK coin following suit as market conditions improved. However, one coin is getting all the limelight by potentially delivering gains to SHIB and BONK coin whales. Unilabs Finance, an…

Coinbase believes crypto markets may be on the cusp of a full-scale altcoin season, with institutional demand for Ethereum playing a central role and a potential Federal Reserve rate cut in September setting the stage for retail inflows. In its August research outlook published Thursday, the exchange said the market has largely followed the path…

The US regulator has extended its review period for two Solana exchange-traded funds (ETFs) filings to October 16, 2025. The SEC said that the extension allows “sufficient time to consider” Solana ETF proposals from Bitwise and 21Shares, which were originally due on August 17. “The Commission finds that it is appropriate to designate a longer…

The crypto market saw broad declines over the past 24 hours after US July PPI data came in hotter than expected, dampening hopes for a September rate cut. Meme tokens led the sell-off with an 8.62% drop, as PEPE, SPX6900, and Fartcoin plunged over 10% each. Ethereum fell 2.43%, briefly slipping under $4,500 before rebounding,…

Treasury Secretary Scott Bessent has walked back earlier remarks that the US would not acquire BTC for its Strategic Bitcoin Reserve, a shift that has left the policy direction murky. Speaking on Fox News on Thursday, Bessent told anchor Maria Bartiromo that while Washington intends to develop a reserve “to get into the 21st century,”…