Las Vegas businessman faces 280 years over $24 million crypto Ponzi scheme
A federal jury has convicted Las Vegas businessman Brent Kovar of fraud and money laundering after prosecutors said his Profit Connect operation collected $24 million from at least 400 investors through false claims about cryptocurrency mining, investment returns and company…...
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US warns nations against Iran trade, eyes economic repercussions
The US’s economic warnings against Iran trade could strain global diplomatic relations and shift international alliances, impacting future negotiations. The post US warns nations against Iran trade, eyes economic repercussions appeared first on Crypto Briefing....
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Iran police chief accuses US of seeking chaos amid rising tensions
Heightened US-Iran tensions hinder diplomatic progress, impacting market perceptions and reducing odds of future agreements or funding. The post Iran police chief accuses US of seeking chaos amid rising tensions appeared first on Crypto Briefing....
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Afipsky oil refinery catches fire after drone strike in southern Russia
The repeated targeting of Russian energy infrastructure highlights vulnerabilities and escalates geopolitical tensions, impacting global energy markets. The post Afipsky oil refinery catches fire after drone strike in southern Russia appeared first on Crypto Briefing....
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Bitcoin Rally Takes Strategy From $9.5B Underwater to $4.7B Paper Profit in 7 Days
Michael Saylor’s Strategy swung an unrealized loss of more than $9.5 billion to a paper profit above $4.7 billion in just seven days. The reversal follows Bitcoin’s climb from the low $60,000s to above $80,000 over the same week, turning the largest corporate BTC holder’s balance sheet from red...
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Monad proposes wallet upgrade that could survive lost keys and quantum attacks
The Ethereum-compatible blockchain wants users to be able to replace the keys controlling an account without changing its address, opening the door to passkeys, recovery tools and post-quantum security....
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Gemini enables XRP transfers via XRPL in Singapore
Gemini users in Singapore can now deposit and withdraw XRP through XRPL, expanding the exchange’s support for Ripple-related assets....
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India to launch first tokenized corporate bonds using digital rupee
India has set plans to launch its first tokenized corporate bonds next month through an REC issue of less than 5 billion rupees ($57 million), with the digital rupee set to settle transactions on blockchain-based infrastructure. Reuters reported on Aug.…...
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U.S. expands Iran crypto sanctions over $100M oil payments
OFAC expanded sanctions to Iran’s crypto sector after alleging over $100 million supported IRGC-linked oil sales since 2023....
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AI Agents Move 3.3M USDC Through Solana x402 Payments
AI agents initiated 3.3 million USDC in payments over x402 on Solana within a single week, highlighting a growing machine-to-machine payment use case for stablecoins. The x402 protocol uses the HTTP 402 “Payment Required” status code to enable internet-native payments for APIs, data, and digital resources. According to protocol...
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