@lypp on X

JUST IN: The DOJ is investigating whether Binance breached the terms of its 2023 criminal settlement, when the exchange agreed to pay $4.3 billion. Prosecutors are now reviewing the exchange's compliance.

JUST IN: US Treasury Secretary Scott Bessent says the US will seize $1 billion in crypto linked to Iran this week. "We know where it is," he said, as Treasury announces further digital asset seizures tied to Iran sanctions.

JUST IN: Tether blacklisted four THORChain vaults holding 1.45 million $USDT, halting Tron swaps and liquidity provider operations, then reversed the freeze three hours later. THORChain's co-founder says the team got no advance communication.

Blockchain.com has applied to the CFTC for DCM and FCM licenses to offer prediction markets and crypto derivatives in the US, ahead of a planned $500 million IPO. Bullish or bearish?

BREAKING: NY AG Letitia James has secured up to $35M from former Celsius CEO Alex Mashinsky, plus a permanent ban from the securities and crypto industries, over Earn and $CEL fraud claims.

Crypto morning brief · Fri, Oct 9 $BTC $82,944 (+0.7%) ETH $2,493 (-1.6%) SOL $110.18 (-1.9%) Top mover: BTW $1.54 (+11.5%) Today's 5 biggest stories:

BREAKING: Ledger users have reportedly been drained of over $86 million in a suspected exploit. Hardware wallet holders are being urged to review their security.

JUST IN: The UK has sanctioned three crypto exchanges and two payment processors over alleged Russian sanctions evasion. Two of them handled transactions involving the Kremlin-backed A7 network, with some tied to the sanctioned HTX exchange.

JUST IN: $BTC has rebounded to $82,000 after Trump ruled out a strike on Iran before the midterms, sending oil lower. Security experts also pushed back on the "bunker mode" wallet fears.

JUST IN: Senator Richard Blumenthal is investigating the ties between Tether and Cantor Fitzgerald. The top Senate Democrat investigator is digging into $USDT issuer Tether's US financial partnership.

JUST IN: The US government has moved $1.01 billion of $BTC out of the wallet holding coins seized from the Bitfinex hacker. Arkham data shows the 12,267 BTC went to new unlabeled wallets rather than an exchange, with no sale indicated.

BREAKING: $BTC has plunged below $81,000, triggering roughly $480 million in liquidations in a single hour. The drop followed another large transfer from US government wallets.

Bitcoin slid below $81K, triggering roughly $480M in liquidations in an hour, after another US government transfer and reports of renewed US-Iran military tensions lifting oil prices. $BTC bullish or bearish?

$ETH -3.9% in the last hour, now $2,426 (-5.7% on the day)

$ZEC -7.7% in the last hour, now $1,117 (-16.0% on the day)

JUST IN: EU regulators have set a January 8 deadline for crypto firms to drop unauthorized stablecoins, including Tether's $USDT. Exchanges in the bloc have three months to cut off non-compliant tokens.

Crypto morning brief · Thu, Oct 8 $BTC $82,393 (-1.1%) ETH $2,536 (-1.0%) SOL $112.41 (-3.3%) Top mover: BTW $1.38 (+14.5%) Today's 5 biggest stories:

JUST IN: Ethereum researcher Justin Drake's "bunker mode" call — urging holders to move funds to unused addresses over fears AI could break wallet cryptography — has split the industry, with Vitalik Buterin advising against a scramble. $BTC slipped below $83,000.

JUST IN: US spot Bitcoin ETFs saw $485 million of outflows, the biggest daily withdrawal since June. The move erases October's net inflows for $BTC funds, while ETH funds logged a seventh straight day of outflows.

BREAKING: $BTC has broken below $83,000 as oil surges on a report of strike plans against Iran. Brent crude is above $102 and Treasury yields are back near their highest since 2002.

JUST IN: Samsung is building $USDC transfers into Samsung Wallet. US Galaxy users get USDC on Solana with fiat on- and off-ramps, and a Sui integration is due late October across 82 million devices.

JUST IN: The US government moved roughly $566 million in seized crypto to Coinbase Prime within a few hours.

JUST IN: Russia has begun licensing crypto exchanges and custodians under its new regulated framework. The Bank of Russia added nine operators to the registers, including Sberbank and VTB, with Sberbank cleared to custody $BTC.

$BTC fell below $83K to month-to-date lows, down nearly 4%, as oil topped $101 and the 30-year Treasury yield hit its highest since 2002. Stocks reversed from all-time highs. Bullish or bearish?

JUST IN: Tom Lee says Bitmine's Ethereum buying is about to end. Speaking at Token2049, he said the world's largest $ETH treasury is roughly 100,000 ETH, or six to seven weeks, from its 5% cap.

Crypto morning brief · Wed, Oct 7 $BTC $83,273 (-3.2%) ETH $2,560 (-5.5%) SOL $116.11 (-3.5%) Top mover: UNI $7.95 (-10.8%) Today's 5 biggest stories:

JUST IN: Robinhood has added $25 million of $BTC to its balance sheet. Crypto SVP Johann Kerbrat said the purchase is meant to align the brokerage with the crypto community and is small relative to the company's size.

JUST IN: Cardano has gone live with CIP-0113, a token standard letting issuers freeze, seize and restrict assets. It targets regulated stablecoins, funds and bonds needing identity checks and sanctions controls built into the asset itself. $ADA

BREAKING: $BTC briefly slid below $84,000, hitting a low of $83,551 on Coinbase. Crypto liquidations hit $555.6 million in 24 hours, including $487.2 million in longs, per CoinGlass, as oil and the dollar climbed on Iranian tanker attacks.

JUST IN: $BTC fell nearly $2,000 in 20 minutes, wiping out around $400 million in long positions.

BREAKING: Abstract, the Pudgy Penguins-backed Ethereum L2, is shutting down on Dec. 15 after losing "tens of millions," saying a chain focused solely on consumer crypto proved unsustainable. Users are urged to bridge assets off before then. $ETH PENGU

JUST IN: FinCEN has withdrawn two proposed crypto rules targeting unhosted wallets and convertible virtual currency mixing. Both proposals had sat unfinished for years and would have added new recordkeeping and reporting requirements.

Winklevoss Asset Services filed with the SEC for a spot $ZEC ETF under ticker WINK, charging a 0.25% fee with Gemini as custodian. It would be the second US spot Zcash fund after Grayscale's ZCSH. Bullish or bearish?

Crypto morning brief · Tue, Oct 6 $BTC $86,030 (-0.1%) ETH $2,711 (-0.3%) SOL $120.31 (-0.3%) Top mover: OKB $135.22 (+6.1%) Today's 5 biggest stories:

JUST IN: Circle, Ripple, Standard Chartered's SC Ventures and hedge fund QRT have invested in OKX at a $25B valuation. The size of the raise was not disclosed. Same price NYSE owner ICE paid seven months ago, as OKX readies tokenized stock trading.

JUST IN: Intercontinental Exchange, the parent company of the NYSE, has filed to tokenize 63 US stocks on a crypto-native exchange. The SEC has already granted permission.

JUST IN: A CFTC no-action letter will let US exchanges convert crypto futures into true perpetual contracts. Exchanges must give position holders five calendar days' notice and a chance to exit, with other contract terms unchanged.

JUST IN: ZachXBT says he posed as a client of a Chinese crime syndicate laundering funds for North Korea's Lazarus Group, fronting 349,700 $USDC and eating a 5% loss on every order to track the BYBIT hack proceeds in real time.

BREAKING: SEC and CFTC have jointly classified $BTC, ETH, SOL, XLM, XTZ and XRP as digital commodities.

The CFTC sent its first crypto market rulemaking to the White House, proposing Regulation CTX and CAM to cover leveraged retail crypto trading and a new "crypto asset market" exchange. Spot trading still isn't covered. Bullish or bearish?

JUST IN: The CFTC has proposed its first dedicated crypto market rules, Regulation CTX and CAM, covering leveraged and margined retail crypto trading and a new "crypto asset market" exchange. The rulemaking has been sent to the White House for review.

JUST IN: The US Treasury has withdrawn its proposed crypto rules targeting unhosted wallets and mixers. The move eases compliance pressure on self-custody and DeFi users.

Crypto morning brief · Mon, Oct 5 $BTC $86,029 (+1.0%) ETH $2,719 (+0.8%) SOL $120.57 (-0.8%) Top mover: ADA $0.2756 (+12.2%) Today's 5 biggest stories:

JUST IN: Metaplanet sold 10,000 $BTC and bought 11,000 BTC in the third quarter, a net addition of 1,000 BTC. The Japanese firm now holds 44,000 BTC.

JUST IN: OKX and the parent company of the NYSE have filed to launch a tokenized US stock trading platform. The venue would offer tokenized shares in more than 60 US-listed companies under the SEC's new innovation exemption.

JUST IN: The SEC has approved the listing of a Bitcoin ETF targeting 3x the daily performance of its $BTC futures benchmark. The approval covers a broader commodity lineup while keeping exchange oversight and brokerage obligations in place.

Spot $BTC ETFs pulled in $134.4 million over October's first two trading days, bouncing back from a Sept. 30 outflow as a soft jobs report eased rate worries. Bullish or bearish?

Crypto morning brief · Sun, Oct 4 $BTC $85,197 (+0.5%) ETH $2,698 (+0.7%) SOL $121.42 (+1.8%) Top mover: BTW $1.18 (-18.8%) Today's 5 biggest stories:

$RAIN +8.5% in the last hour, now $0.0119 (+13.3% on the day)

JUST IN: Microsoft's official X account was hijacked by attackers and used to promote a fraudulent crypto token.