DOJ Nails Cartel Intermediary in $4M Crypto Money Laundering Scheme
Key Takeaways A cartel intermediary pleaded guilty to laundering $4M via crypto, facing up to 20 years in prison. The broker exchanged crypto deposits for cross-border dollars, enabling cartels to bypass authorities. This DOJ conviction advances a new task force…
Altcoin open interest overtakes Bitcoin after 21 months
Aggregate open interest in altcoin perpetual futures surpassed Bitcoin’s for the first time since December 2024 on Sept. 6, reflecting increased leveraged trading as Zcash and the wider altcoin market rallied. Summary Coinalyze data showed altcoin perpetual futures open interest…
SEC Approves GCash Parent Mynt’s ₱92.3B IPO Targeted for October 20 Listing
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Philippine stock market is setting up for its largest initial public offering in history after regulators formally cleared the…
ETH Consolidates at $2.5K as Whale Participation Stalls
Ethereum is attempting to stabilize after its explosive August breakout, but the follow-through has remained limited. ETH is holding around $2.5K, yet repeated swings within the same range suggest the market is still digesting the rally rather than establishing a…
How FBI Traced and Seized $560K in Crypto From Hamas’ Network
Key Takeaways Shared gas wallets connected rotating addresses to a wider network. A seizure warrant directed crypto firms to transfer targeted assets. Earlier findings helped agents pursue new wallets and infrastructure. Shared Gas Wallets Expose a Wider Network Federal investigators…
Arbitrum co-founder defends Robinhood’s 90% fee share
Offchain Labs co-founder Steven Goldfeder and Solana co-founder Anatoly Yakovenko exchanged competing views on Sept. 6 over why Robinhood built its blockchain using Arbitrum technology instead of operating applications directly on Solana. Summary Offchain Labs co-founder Steven Goldfeder said Robinhood…
Willy Woo Reveals What Could Replace It
The 4-year cycle is back on topic, but Willy Woo believes there’s a more apparent pattern in play. Given the nature of its blockchain, bitcoin was long considered to move around within a broader four-year cycle prompted by the…
Robinhood Chain Fee Debate Reaches Solana, Arbitrum, BNB Chain – Bitcoin News
Key Takeaways Nina Rong said lower gas fees are no longer the industry’s priority. Robinhood retains 90% of protocol net revenue while sharing 10% with Arbitrum. The dispute exposed competing approaches to funding blockchain growth. Robinhood Fee Debate Moves Beyond…
South Korea Launches Blockchain Roadmap for Tokenized Stocks and Bonds
South Korea is preparing to move traditional securities onto blockchain infrastructure, with regulators unveiling a three-phase roadmap that could eventually connect tokenized stocks, bonds and funds directly to stablecoin-based payments. The Financial Services Commission (FSC) announced the plan on September…
Polymarket signs LeBron James for football campaign
LeBron James teased an upcoming partnership with Polymarket on Sept. 5, placing the NBA star alongside a growing group of athletes and professional leagues working with prediction-market companies. Summary LeBron James confirmed an upcoming Polymarket partnership through a 14-second social…
