Category: crypto
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Tether, TRON join TRM Labs to seize $300m in illicit
T3 Financial Crime Unit froze over $300 million in criminal assets globally since its launch in September 2024. The unit collaborates with law enforcement agencies across 23 jurisdictions, targeting crimes like money laundering and terrorism financing. Binance joined the T3+ program to enhance cooperation in combating illicit blockchain activities.
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Hercle raises $60m, MegaETH bags $50m
The week of October 26 to November 1 saw $169.73 million in crypto funding across 13 projects. Hercle led with $60 million, followed by MegaETH at $49.95 million. Other projects like Bron, ZAR, and Standard Economics also secured multi-million dollar rounds.
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Coinbase wants some stablecoin pie, talks with BVNK advance
Coinbase Global Inc. is in advanced talks to acquire BVNK, a London startup specializing in cross-border money transfers using stablecoins. The deal, valued between $1.5 billion and $2.5 billion, would be the largest in the stablecoin sector, signaling Coinbase’s move into the payments industry and reducing reliance on trading fees.
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S&P 500, Nasdaq gain as Apple and Amazon soar on earnings
US stocks opened higher on Friday, with S&P 500 and Nasdaq Composite posting gains as Wall Street reacted positively to strong earnings from Apple and Amazon. Apple and Amazon stocks rose following their earnings reports. The market rebounded after losses on Thursday, with tech giants driving the positive sentiment.
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Tether-backed crime unit freezes $300m of illicit funds
Tether and its T3 partners have frozen over $300 million in criminal assets, marking a successful year-long effort against crypto money laundering and fraud across multiple continents. The unit targeted various crimes, with a significant role in Brazil’s Operation Lusocoin. The collaboration with law enforcement in 23 jurisdictions led to significant asset seizures worldwide.
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Prenetics expands Bitcoin treasury strategy with 100 BTC
Prenetics, a health science firm backed by David Beckham, has increased its Bitcoin holdings by acquiring 100 more BTC, bringing the total to 378 BTC worth around $46 million. The company’s aggressive Bitcoin strategy follows a successful $44 million equity raise, with plans to continue expanding their BTC treasury.
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Tether hits $10b profit mark with record $135b in treasuries
Tether has reported over $10 billion in year-to-date profit and holds $135 billion in U.S. Treasuries. It issued $17 billion in new USDT in Q3 2025, raising its total circulating supply to $174 billion. Tether’s reserves exceed $181 billion, with $22.8 billion in gold and Bitcoin. CEO Paolo Ardoino highlighted the company’s strength and trust,…
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Fold brings Bitcoin rewards to dining with Steak ’n Shake deal
Fold has partnered with Steak ‘n Shake to offer Bitcoin rewards to customers who dine at the restaurant. Through this partnership, customers can earn Bitcoin rewards when they pay for their meals using the Fold app. This initiative aims to promote the adoption of Bitcoin as a payment method in everyday transactions.
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Interview: Private equity is broken, and tokenization can fix it: Fairmint CEO
Joris Delanoue, CEO of Fairmint, discusses the importance of tokenization in private equity markets. He emphasizes compliance by automation through smart contracts to eliminate human error in asset transfers. Delanoue also highlights the transformative potential of this technology and proposes improvements for equity markets, focusing on the need for clear standards and observer nodes for…
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Theta Network adds Deutsche Telekom as enterprise validator
German telecom giant Deutsche Telekom has joined Theta Network as an enterprise validator, helping secure and verify transactions on its decentralized Layer 1 blockchain. By staking THETA tokens, the company will earn TFUEL rewards and expand its Web3 footprint. This move aligns with Deutsche Telekom’s focus on decentralized computing infrastructure.