Ex-FTX users report funds being released in $900M distribution round

Several users of the long-defunct crypto exchange reported that distribution agents had begun releasing funds to reimburse creditors for some of their 2022 losses. Source link

US Closes In Of Iran’s Bitcoin Insurance Policy

Iran has been dodging sanctions by accepting pay in Bitcoin from ships passing through the Strait of Hormuz, according to a Friday announcement from the U.S. Treasury’s Office of Foreign…

Tether earns $1.5B in Q2 as US Treasury holdings fuel profits

Tether’s reserve surplus grew to $4.11 billion in the second quarter as USDT supply rose despite a weaker stablecoin market and continued pressure across the crypto sector. Source link

COLDCARD SECURITY RISK: IMMEDIATE ACTION REQUIRED

First, yes, that is a very clickbait title and completely unusual. This is a real security issue. Here is the official announcement from Coinkite themselves posted yesterday, please read and…

ECB Says Digital Euro App to Exceed EU Accessibility Standards

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries. All news, reviews, and analyses are produced with full journalistic independence and integrity. For…

Circle receives New York trust charter for subsidiary

The New York trust charter allows Circle’s subsidiary to provide fiduciary and custody services under state banking law. Source link

BIS Project Agorá settles $1 million in tokenized cross-border payment trials

Twenty-eight financial institutions and central banks completed real-value settlements across six currencies using tokenized central bank reserves and commercial bank deposits. Source link

Citadel Buys Situational Awareness Stocks After July AI Market Rout: Reports

Ken Griffin’s Citadel reportedly bought a large proportion of the public stock portfolio of Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner. The Financial Times first…

New York Sues Kalshi Over Alleged Illegal Gambling Operation

New York has sued prediction market platform Kalshi, alleging it operates an illegal, unlicensed gambling business by offering event contracts on sports, elections and other outcomes. The lawsuit seeks to…

Aave Proposal Targets 50 Reserves in Six-Market Wind-Down

An Aave governance proposal would wind down the lending protocol’s V3 markets on six blockchains and retire dozens of low-use token listings, a cleanup covering $98.1 million in supplied assets…