US Treasury’s OFAC sanctions 2 Iran-linked crypto exchanges

The US government sanctioned an individual and two crypto exchanges it said facilitated money laundering for a combined $5 million in digital assets linked to Iran. Source: Cointelegraph

The US government sanctioned an individual and two crypto exchanges it said facilitated money laundering for a combined $5 million in digital assets linked to Iran. Source: Cointelegraph

The rollout gives X Layer users access to Circle-issued USDC and crosschain transfers as the stablecoin expands across major blockchain ecosystems. Source: Cointelegraph

As the chairman of the Reform UK calls for an investigation into a FTX-linked political donation, the party’s leader prepares to face voters amid his own crypto-related scandal. Source: Cointelegraph

Bitcoin hit month-to-date highs above $65,000 as risk-assets gained on low US nonfarm payrolls data. Source: Cointelegraph

Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income and balance sheet management become key profit drivers. Source: Cointelegraph

Ethereum’s proposed EIP-8363 staking overhaul aims to reduce issuance, but critics say it could hurt DeFi, decentralization and institutional adoption. Source: Cointelegraph

Dice entropy may become the new gold standard after the Coldcard hack Source: Cointelegraph

Russia has shut down nine unregistered crypto exchanges in Moscow, with the FSB alleging they helped move scam proceeds abroad through Ukrainian call centers. Source: Cointelegraph

Perpetual futures trading volume on crypto exchanges fell to its lowest level in 31 months, while perpetual trading on decentralized platforms neared a one-year low. Source: Cointelegraph

Binance saw a record divergence between daily spot and futures trading volumes, with the latter reaching nearly $58 billion. Source: Cointelegraph