US Treasury cuts off MEXC over alleged $16B in illicit transactions
The US Treasury bureau FinCEN on Friday ordered US financial institutions to stop processing transfers involving MEXC Global. Source：Cointelegraph
Hong Kong passes law requiring crypto exchanges to report customer transactions to tax authorities
Crypto firms must collect customer and transaction data from 2027, with Hong Kong sharing the information with overseas tax authorities from 2028.…
Binance hackers begin swapping stolen Solana tokens for Bitcoin: Chainalysis
Crypto exchange Gate said it froze two linked accounts as US investigators urged platforms to block transactions tied to the $6.3 billion theft.…
No proof of AI in North Korean hackers move of stolen Binance funds
Elliptic tracked thousands of transfers, failed swaps and repeated transactions that suggest the hackers relied on scripts rather than AI agents.…
SEC Issues Exemptive Relief from Treasury Clearing Requirements for Certain Inter-Affiliate and Non-U.S. Repo Transactions
The Securities and Exchange Commission took another step forward today to assist brokerdealers and other market participants on the path to central clearing of…
Binance hack may involve private key ‘misuse,’ not theft: Blockaid CEO
Blockaid’s Ido BenNatan suspects attackers manipulated Binance’s transactionsigning infrastructure, drawing parallels with the Bybit hack. Source：Cointelegraph
Unlimit founder backs Phase blockchain with $45M as mainnet launches
Phase’s new network lets smartphone owners earn tokens for validating transactions and sharing internet connections with AI agents. Source：Cointelegraph
Bitcoin wallet bug let rogue servers steal funds when users tried to speed up payments
Attackers replaced legitimate transactions with fake ones, then waited for users to approve higher fees. At least one person lost bitcoin before developers…
ECB official sees digital euro as key to protecting EU ‘sovereignty’
Piero Cipollone said the bloc is on track to test real transactions in 2027 and roll out a digital euro as early as 2029, pending legislation this year.…
It’s a rough housing market, and Goldman Sachs expects it to get worse
As bad as it is for the housing market — starts and transactions basically flat for the last three years with mortgage rates over 7%— it can get still get…
Mastercard launches stablecoin risk screening for banks and payment providers
The new service combines payment data and blockchain analytics to help banks detect suspicious stablecoin transactions before settlement. Source：Cointelegraph
Standard Chartered pushes $2T stablecoin forecast to 2030 as transaction volumes grow
The bank identified four distinct stablecoin markets, with USDC leading payments and AI transactions as competition intensifies over reserve yields.…