Author: admin
French authorities arrested John “Lick” Daghita, who allegedly stole tens of millions in crypto from the U.S. government.In an X post on Thursday, FBI Director Kash Patel confirmed Daghita had been arrested on Wednesday on the island of Saint Martin in a joint FBI and French Gendarmerie operation.In his social media post, Patel included images of Daghita handcuffed and another one of a metal suitcase filled with packs of $100 bills and several USB and what appear to be hardware crypto wallets.“[The] FBI will continue working 24/7 with our international partners to track down, apprehend, and bring to justice those…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitwise CEO Hunter Horsley says the firm’s XRP spot ETF has moved into the top slot in the US market, edging out rivals on assets as the category’s liquidity and asset base continue to expand. “The Bitwise XRP ETF (ticker: XRP) is now the largest XRP ETF in America. $10,000,000 inflows so far this week. Grateful to investors entrusting Bitwise to steward their assets,” Horsley wrote on X. The Bitwise XRP ETF (ticker $XRP ) is now the largest XRP ETF in America. $10,000,000 inflows so far…
Violent attack on trader Sillytuna exposes a growing risk as criminals target crypto holders directly instead of exploiting smart contracts.A crypto trader known as Sillytuna lost more than $24 million in digital assets after a violent physical attack. Threats reportedly forced the victim to grant access to personal wallets holding large stablecoin balances. Within hours, the funds were moved across several blockchain addresses. Investigators and on-chain analysts are now tracking the assets as the crypto community attempts to block further transfers.Attackers Distribute Stolen Crypto Funds Across Wallets to Slow Tracking EffortsSillytuna is known for active participation in decentralized finance, particularly…
Sanctions evasion dominated crypto-related illicit finance last year, with state actors including Russia, Iran and North Korea driving a surge in activity, Chainalysis said in a Thursday report.Sanctioned entities received at least $104 billion in cryptocurrency, an almost eightfold increase on 2024, pushing total illicit onchain volume to a record $154 billion. The findings show how heavily sanctioned states are integrating cryptocurrency into national financial strategies to bypass traditional banking systems.Chainalysis’ report follows a similar study by TRM Labs, which in February said illicit entities received $141 billion in stablecoins, the highest level observed in five years. Sanctions-related activity accounted…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US President Donald Trump formally sent the nomination of pro-Bitcoin Kevin Warsh to the US Senate on Wednesday, beginning a process that could replace Jerome Powell when his term ends in May. Reports say the White House filed paperwork to seat Warsh as chair for a four-year term and as a governor for a longer term on the central bank’s board. Nomination Sent To The Senate According to multiple outlets, the nomination now moves to the Senate Banking Committee for review. The committee will decide whether to…
Tether invests in Axiym to expand USDT across global payment systems, aiming to streamline cross-border settlement.Tether has made a strategic investment in Axiym, a fintech company building distributed treasury and settlement infrastructure. The move aims to bring USDT directly into regulated payment networks worldwide. Axiym currently supports real payment activity across 140 countries and 70 currencies. According to a blog post shared on March 5, 2026, the two companies plan to embed USDT into existing cross-border payment flows. The goal is to make global transactions faster, simpler, and more scalable.How Axiym Integrates USDT Into Payment InfrastructureAxiym is building what it describes as…
In today’s newsletter, Nick Ducoff, head of institutional growth at the Solana Foundation, draws a parallel between tokenization’s ability to democratize investment access and how the Internet facilitated access to banking over fifteen years ago.Then, in Ask an Expert, the CoinDesk Research Team answers questions about stablecoin and tokenization trends from their February 2026 Stablecoins & Tokenization Assets Report. Read the full report here.- Sarah MortonInternet capital markets: from the “unbrokeraged” to the universally investedFifteen years ago, over 60 million Americans were “unbanked,” shut out of basic financial services because traditional banks found them unprofitable. Then Chime, Revolut, and other…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Billionaire Chamath Palihapitiya says Bitcoin has hit a structural limit that many market participants still do not want to confront: in his view, it lacks the qualities needed for central bank adoption. That matters because, in his framing, sovereign adoption is the missing ingredient for the next major expansion in Bitcoin’s total market value. Speaking in a March 3 conversation with Nikhil Kamath, Palihapitiya argued that the “value maximizing function” for a Bitcoin seeking broad adoption is not retail enthusiasm or ETF demand, but whether it can…
Hex Trust partners with Doppler Finance to build institutional wXRP vaults and expand XRP liquidity across multiple blockchain networks.Doppler Finance and Hex Trust confirmed a strategic partnership on March 4, 2026. The two firms will work together on Wrapped XRP products designed to carry institutional custody standards across multiple blockchain networks. It goes well beyond single-chain thinking.The partnership targets rewards-oriented vaults built around wXRP. Hex Trust contributes its regulated custody infrastructure. Doppler brings its XRPL-native yield architecture to the arrangement.You might also like: Elon Musk X Money Partners With Ripple-Linked Bank as RealFi Expands XRP UsewXRP Vaults Built on Regulated…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 2064.51, down 1.6% (-33.92) since 4 p.m. ET on Wednesday. One of 20 assets is trading higher.Leaders: ICP (+1.1%) and UNI (-0.4%).Laggards: XLM (-3.5%) and LTC (-2.8%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.#Stellar #XLM #drops #assets #decline