Zack Abrams

BNB Chain said a former employee retained unauthorized access to the seed phrase for a wallet created for a token-launch tutorial and later used the wallet to launch a new memecoin, ASTEROID.

Dubai-based crypto exchange Shelbit processed at least $4 billion since May 2024 while serving as a hub connecting Iranian gambling sites, the country's central bank and entities linked to the IRGC, Reuters reported.

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The company said a similar transfer to Crypto in May was part of a broader trading strategy and did not represent a sale.

CME is arguing that the contracts are commodity option swaps subject exclusively to the CFTC's oversight rather than the SEC's.

Bloomberg analyst Eric Balchunas tied the run to the Coldcard wallet exploit, noting several Bitcoin funds have drawn inflows daily since the hack.

BIP-110 is a proposed one-year change that limits non-financial data on Bitcoin and has sparked a debate over how Bitcoin's block space should be used.

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The new rule will take effect on Jan. 1, 2027, and will cover cryptocurrencies including fiat-backed stablecoins.

The businessman, Guren "Bobby" Zhou, has not been charged, though British officials told the Times that the investigation remained active as of late July.