Conduit's $2.76M Frozen USDT Lawsuit Puts Tether's Asset Control in the Dock
Conduit has sued Tether over $2.76 million in frozen USDT, exposing the legal grey zones around stablecoin asset control and counterparty risk.…
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Conduit has sued Tether over $2.76 million in frozen USDT, exposing the legal grey zones around stablecoin asset control and counterparty risk.…
The US government transferred 264 Bitcoin worth $23M to Coinbase as in-kind restitution for Bitfinex hack victims, a move that could reshape federal crypto seizure policy.…
The U.S. Treasury's financial crimes watchdog has confirmed it will scrap controversial proposed rules targeting self-custody wallets and crypto mixing services.…
Ether.fi is launching a dollar stablecoin with Ethena handling reserves, minting, redemptions, and compliance for a platform already holding $300M+ in stablecoin balances.…
Stablecoin issuer Rain is pursuing a US trust bank charter for a new subsidiary that would hold client assets and manage reserves without taking deposits or making loans.…
Paxos' $3B USDG stablecoin has deployed on Arbitrum, backed by a proposed 100 million ARB incentive package aimed at driving liquidity and adoption.…
OKX has raised fresh capital at a $25 billion valuation, extending a March investment round led by the parent company of the New York Stock Exchange.…
The European Central Bank has unveiled a two-track plan addressing both a digital euro and tokenised finance, with ambitions to reshape European financial infrastructure.…
OKX has closed a $25B extension round backed by hedge fund QRT, Ripple, Circle, and SC Ventures — a coalition that signals deepening TradFi-crypto convergence.…
Solana debuts an open-source Delivery versus Payment standard built with J.P. Morgan input, enabling atomic institutional trade settlement in seconds.…
Rain has filed for a US federal trust bank charter just days after community banks sued the OCC to overturn the very rules enabling crypto firms to obtain one.…
The CFTC has unveiled a framework to regulate crypto exchanges, bringing long-awaited clarity — and new obligations — to the digital asset sector.…