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DOJ moves to drop $722M BitClub case before trial as victims wait to learn what they will recover

The Justice Department plans to end its criminal case against Matthew Goettsche, who prosecutors accuse of helping run the BitClub Network fraud scheme, before...
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Bitcoin

Stablecoins are moving more money while crypto’s cash pile gets smaller

Adjusted stablecoin transaction volume reached a record $1.79 trillion in June, according to Visa Onchain Analytics, up 63% from May's $1.10 trillion and 125%...
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Bitcoin

Bitcoin falls below $63,000 as markets give Hormuz traffic just 3% chance to normalize by August

Bitcoin slipped below $63,000 as renewed fighting between the United States and Iran pushed oil prices higher, drove bond yields up, and revived concern...
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Bitcoin

Bitcoin’s $60K price floor is back in play as Hormuz oil shock returns

Bitcoin fell below $63,000 on Monday as oil rose and equity futures retreated after another round of U.S. strikes against Iran.The strikes and Bitcoin's...
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Bitcoin

A $407 million Treasury fund reveals how Wall Street is building crypto’s missing collateral layer

Tokenized sovereign debt spent years sounding like a conference phrase in search of a market. But now, the category has enough working components to...
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Bitcoin

XRP loses $700 million in futures bets while XRPL builds a $4 billion institutional pipeline

Demand for XRP is weakening across several key market indicators, testing whether the XRP Ledger’s (XRPL) growing institutional pipeline can translate into sustained investor...
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Bitcoin

One crypto wallet tied to a 20-year-old fraudster processed over $122M before Interpol closed in

Interpol said a crypto wallet linked to a 20-year-old fraud suspect processed more than $122.5 million over 10 months.Police in Thailand arrested two people...
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Bitcoin

Convicted scammer’s “seized” crypto moves to unknown wallets while in prison as DOJ failed to secure funds

The US Justice Department says a prisoner serving a nine-year sentence for money laundering conspired to move about $290,000 in cryptocurrency in January 2024...
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