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Tether blacklist delay allowed $78M in illicit USDT transfers — Report


A lag in Tether’s wallet blacklisting process allowed over $78 million in illicit funds to be moved before enforcement actions took effect, according to a new report from blockchain compliance company AMLBot. Tether’s address blacklisting becomes effective only after a considerable...

Visa Backs BVNK in Strategic Move to Boost Stablecoin Payment Networks


Visa’s venture arm has invested in BVNK, a stablecoin infrastructure firm, to accelerate the development of global payment networks using blockchain-based currencies. Stablecoin Infrastructure Firm BVNK Secures Visa Investment The strategic investment, announced this week by BVNK CEO Jesse Hemson...

Democrats aim at Trump’s crypto profits with a 3-prong pincer move


US Democrat lawmakers have launched a multi-angle attack on President Donald Trump’s crypto ventures with two bills and a subcommittee inquiry aimed at cutting his ability to profit from the initiatives.   The Modern Emoluments and Malfeasance Enforcement Act, or the MEME...

Ghosts of the Silk Road: Dormant Wallets Move Over $322M in Bitcoin


On Monday, two long-dormant wallets—first activated in July 2013, precisely a decade and ten months ago—moved 3,421 bitcoin valued at $322.5 million, marking their first transaction since inception. Long-Dormant Silk Road Wallets Move Millions in Bitcoin Data compiled on May 5, 2025, reveals...

Movement Labs suspends co-founder following MOVE market turmoil


Movement Labs confirmed the suspension of its co-founder, Rushi Manche, following controversies over a market maker deal that he brokered.Movement announced the suspension of Manche in a May 2 X post, explaining that the “decision was made in light of ongoing events.” The decision...

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