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Authorities confiscated more than $200,000 of cryptocurrency held in at least 17 wallets, DOJ said in a statement. The US Justice Department (DOJ) seized more than $200,000 in cryptocurrency intended to benefit the militant group Hamas it said in a statement on March 27. The cryptocurrency with a total value of $201,400 was traced to…
Sam Bankman-Fried is no longer located at the Metropolitan Detention Center in Brooklyn after an unsanctioned interview with Tucker Carlson. Officials with the Federal Bureau of Prisons have moved former FTX CEO Sam “SBF” Bankman-Fried to a transit facility days after right-wing political commentator Tucker Carlson interviewed him. As of March 27, the Federal Bureau…
From the SEC dropping cases to Trump’s rumored crypto tax breaks, this episode of The Clear Crypto Podcast dives into the legal and regulatory changes reshaping the crypto industry. In the rapidly evolving world of cryptocurrency, regulatory shifts, legal battles and groundbreaking policy proposals are shaping the industry’s future. The premiere episode of The Clear…
US President Donald Trump is expected to sign off on undoing a Biden-era rule that would require DeFi protocols to report to US tax authorities. The US Senate has passed a resolution to kill a Biden administration-era rule to require decentralized finance (DeFi) protocols to report to the Internal Revenue Service, which will now head…
Wyoming has selected LayerZero as its partner for the state’s planned stablecoin, according to an announcement at the DC Blockchain Summit. Wyoming Governor Mark Gordon said the state’s proposed stablecoin might be ready to launch by July, with the Wyoming Stable Token Commission announcing interoperability protocol LayerZero as a partner for the token launch. Speaking…
Immutable’s token shot up to its highest level since early March just hours after it said the US Securities and Exchange Commission dropped its investigation of the Web3 gaming firm. The token tied to the crypto gaming giant Immutable surged 15% in the hours after it announced that the US Securities and Exchange Commission closed…
The move follows the US Office of the Comptroller of the Currency ceasing examinations for reputational risk. The US Federal Deposit Insurance Corporation, an independent agency of the federal government, is reportedly moving to stop using the “reputational risk” category as a way to supervise banks. According to a letter sent by the agency’s acting…
The crypto gaming firm behind Ethereum layer-2 Immutable X said it received a letter of termination from the SEC that didn’t explain why it ended its probe. Web3 gaming platform Immutable says the US Securities and Exchange Commission has closed its investigation into the company, clearing it of any further action. Immutable — the firm…
Bitcoin could rally to $110,000 as investors await key PCE inflation data, with analysts saying easing macro risks may trigger a strong April performance. Traditional and cryptocurrency investors eagerly await Friday’s Personal Consumption Expenditures (PCE) release, which may provide some relief to inflation-related concerns and increase investor appetite for risk assets including Bitcoin. The US…
Blynex co-founder Mike Baskes claimed that the liquidation was a part of their “automated risk management system.” Learn-to-earn platform Dohrnii Labs has filed a police report in the United Arab Emirates, accusing local crypto exchange Blynex of liquidating its tokens without authorization and failing to deliver a promised loan. According to a statement shared with…