US sanctions Xinbi scam marketplace, restrains $52M in crypto

The Justice Department seized Xinbi’s Telegram channels and two wallets as investigators pursued 47 additional wallets across its alleged laundering network. [Update, Sept. 10, 2026, 05:00 UTC: Added comments from TRM Labs Global Head of Policy Ari Redbord.] United States authorities restrained more than $52 million in crypto linked to Xinbi Guarantee and its vendor…

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TRM Labs doubles valuation to $2B in Series C expansion

The blockchain intelligence firm said its annual recurring revenue has quadrupled over the past three years as it expands its AI-powered investigations business. Blockchain intelligence firm TRM Labs has doubled its valuation to $2 billion following an expansion of its Series C funding round led by Blockchain Capital. The company did not disclose the size…

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DoubleZero adds Kalshi election market data ahead of US midterms

The expansion gives institutional and automated traders real-time access to Kalshi’s political markets as election betting activity continues to grow. DoubleZero, a network for high-speed data distribution, has added real-time data from Kalshi’s election and politics markets as prediction market trading picks up ahead of the US midterm elections in November. The expansion adds Kalshi’s…

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Consensys to split into MetaMask and institutional blockchain company

The restructuring will separate MetaMask’s consumer business from Consensys’ Ethereum protocols and institutional blockchain infrastructure operations. Consensys Software Inc., the Ethereum software company behind MetaMask, plans to split into two independent companies, separating its consumer business from its institutional blockchain infrastructure operations. According to Wednesday’s announcement, the separation is expected to be completed by the end…

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