U.S. Treasury sanctions another widespread cyber-scam hub, Xinbi Guarantee
Chinese-language platform Xinbi is accused of operating on crypto transactions as it offered services to other criminal networks.
Treasury
XRP on track for biggest weekly gain in 21 months as Treasury buyback spurs 'curve control' hopes
XRP’s price has surged by 50% this week, the best performance since November 2024. Here’s what’s driving the rally.
US Treasury sanctions over 100 ISIS-K crypto addresses in latest enforcement action
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) added 134 crypto wallet addresses to its ISIS-Khorasan (ISIS-K) sanctions entry on Wednesday, including 131 Tron addresses and 3 Monero addresses. The TRON wallets received more than $1.4 million since 2023 and sent more than $880,000,… Read More
Metaplanet (3350) buys another $170 million of bitcoin expanding treasury to 43,000 BTC
Metaplanet (3350) announced the purchase of an additional 2,823 BTC ($170.7 million), bringing its total treasury to 43,000 BTC ($2.6 billion). The acquisition cements the Tokyo listed firm as the third largest publicly traded company holding bitcoin, trailing only Strategy MSTR) and Twenty One Capital… Read More
SpaceX targets record $75 billion IPO as bitcoin treasury and liquidity risks draw focus
SpaceX is planning to set the price of its initial public offering at $135 per share in a deal that would raise a record $75 billion and value the company at $1.75 trillion, the company said in a filing with the U.S. Securities and Exchange… Read More
BTC could fall much lower as $150 billion Treasury operation nears
One fund manager has issued a stark warning: Bitcoin’s BTC$75,807.15 ongoing selloff may deepen as upcoming U.S. Treasury operations are expected to drain roughly $150 billion in liquidity from the financial system. “In my experience, Bitcoin tends to be a better liquidity indicator than most… Read More