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Trump-linked miner American Bitcoin going public via Gryphon merger


Bitcoin mining firm American Bitcoin is going public through a merger with crypto mining firm Gryphon Digital Mining, the companies announced on May 12.Under the terms of the deal, Gryphon Digital Mining will acquire American Bitcoin in a stock-for-stock transaction. After the merger, the...

Germany seizes $38M in crypto from Bybit hack-linked eXch exchange


German law enforcement has seized 34 million euros ($38 million) in cryptocurrency from eXch, a cryptocurrency platform allegedly used to launder stolen funds during Bybit’s record-breaking $1.4 billion hack.The seizure, announced on May 9 by Germany’s Federal Criminal Police Office...

Germany seizes $38M in crypto from Bybit hack-linked eXch exchange


German law enforcement seized 34 million euros ($38 million) in cryptocurrency from eXch, a cryptocurrency platform allegedly used to launder funds stolen after Bybit’s record-breaking $1.4 billion hack.The seizure, announced on May 9 by Germany’s Federal Criminal Police Office (BKA)...

$649B stablecoin transfers linked to illicit activity in 2024: Report


Cryptocurrency compliance firm Bitrace found that $649 billion worth of stablecoins flowed through addresses classified as high-risk in 2024, according to an April 29 report.Bitrace defines high-risk blockchain addresses as those used by illegal entities to receive, transfer or store...

$649B stablecoin transfers linked to illicit activity in 2024: Report


Cryptocurrency compliance firm Bitrace found that $649 billion worth of stablecoins flowed through addresses classified as high-risk in 2024, according to an April 29 report.Bitrace defines high-risk blockchain addresses as those used by illegal entities to receive, transfer or store...

Paul Atkins’ loosely linked RSR token rises 13% after Coinbase listing


A governance token for the Reserve Protocol stablecoin, launched by a firm previously advised by sworn-in SEC Chair Paul Atkins, has surged over 13% after crypto exchange Coinbase announced that it will list the token. Atkins was an early adviser for the stablecoin firm around the time...

Trump-linked World Liberty Financial gets $25M investment from DWF Labs


Crypto market maker DWF Labs announced a $25 million investment in World Liberty Financial, the decentralized finance (DeFi) project backed by US President Donald Trump and his sons, as the company expands into the United States with an office in New York City. On April 16, Dubai-based...

American Bitcoin’s ambition is to dominate mining — Hut 8 CEO


Earlier this week, Bitcoin mining giant Hut 8 revealed a partnership that includes two members of the Trump family — Donald Jr. and Eric — and its plans to launch a new mining venture, American Bitcoin. In an exclusive interview on Decentralize with Cointelegraph’s Byte-Sized...

Trump-linked crypto ventures may complicate US stablecoin policy


A US dollar-pegged stablecoin launched by a cryptocurrency platform tied to US President Donald Trump’s family could complicate ongoing bipartisan efforts to pass stablecoin legislation in Congress, raising concerns about potential conflicts of interest.The Trump-linked World Liberty...

Trump-linked crypto ventures may complicate US stablecoin policy


A US dollar-pegged stablecoin launched by a cryptocurrency platform tied to US President Donald Trump’s family could complicate ongoing bipartisan efforts to pass stablecoin legislation in Congress, raising concerns about potential conflicts of interest.The Trump-linked World Liberty...

Trump-linked crypto ventures may complicate US stablecoin policy


A US dollar-pegged stablecoin launched by a cryptocurrency platform tied to US President Donald Trump’s family could complicate ongoing bipartisan efforts to pass stablecoin legislation in Congress, raising concerns about potential conflicts of interest.The Trump-linked World Liberty...

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