South Korea Expands Crypto Market Probes Following Bithumb Error
South Korea’s Financial Supervisory Service is launching targeted investigations into high-risk trading tactics and price manipulation.
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Tether Assists Turkey in Seizing $544M Linked to Illegal Betting
Tether froze more than $500 million in USDT at the request of Turkish authorities investigating an illegal betting and money-laundering network.
Bitcoin Difficulty Sees Sharpest Drop since 2021
Bitcoin mining difficulty fell more than 11% in a single adjustment, marking its steepest decline since China’s 2021 mining crackdown.
Polymarket Shifts to Native USDC Settlement
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Tether Invests $100M in Anchorage Digital
Tether has made a $100 million equity investment in Anchorage Digital, deepening its partnership with the federally regulated US crypto bank.
Gemini Exits UK, EU, Australia as It Cuts Workforce
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House Probe Targets WLFI after Reported UAE Stake
House investigators are probing World Liberty Financial over a reported $500 million UAE-linked stake and the role of its USD1 stablecoin in a Binance deal.
BitMine Faces $7B Unrealized Loss as Ethereum Slides Below $2,100
A sharp decline in Ethereum prices has pushed BitMine Immersion Technologies into roughly $7 billion in unrealized losses, testing its Ethereum-focused treasury strategy.
CFTC Withdraws Proposal to Ban Prediction Markets
The CFTC has formally withdrawn a Biden-era proposal that sought to prohibit sports and political prediction markets, signaling a regulatory shift toward event-based derivatives.
Bitcoin Falls Below $71,000 as Tech Selloff Deepens
Bitcoin fell below $71,000 during Asian trading as a global selloff in technology stocks intensified risk aversion across markets.
Hong Kong Tokenization Could Double Fund Industry, BCG Says
Hong Kong could significantly expand its asset management sector by adopting tokenized fund infrastructure, according to a new BCG-led whitepaper.