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Trump-allied political action committee raises $7.5M in crypto

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The Donald Trump-backing PAC “Trump 47” has seen millions in crypto-denominated contributions from industry executives since July.

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Coin Market

US lagging behind in global stablecoin adoption — Chainalysis

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Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions.

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Coin Market

Hong Kong cops clean out alleged $46M deepfake crypto scam

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Hong Kong police arrested 27 people it accused of running an AI deepfake crypto scam operation from a 4,000-square-foot industrial building in the region.

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Coin Market

Bitfinex hacker should get 5 years jail for 120K BTC heist: Feds

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Ilya Lichtenstein, who stole 120,000 Bitcoin in a 2016 hack on Bitfinex, should receive a reduced sentence of five-years in prison, prosecutors say. 

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