DEFI

THORChain technical co-founder Chad Barraford accused stablecoin issuer Tether of blacklisting the network’s USDt (USDT) vaults without explanation, then unfreezing them hours later. In a Friday X post, Barraford said that Tether had…
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The US Department of Treasury on Friday issued an order to cut cryptocurrency exchange MEXC Global off from the US’ financial system after accusing it of facilitating at least $16 billion in transactions linked to sanctions evasion,…
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A wallet linked to the Drift Protocol hack sent about $61 million in Ether (ETH) to Tornado Cash, a service that obscures transaction trails.The wallet deposited 25,700 ETH to the cryptocurrency mixer over two hours on Tuesday after two…
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House Financial Services Committee Chair French Hill, a key Republican ally of the cryptocurrency industry, has won reelection in Arkansas but is expected to lose his committee chairmanship after Democrats won control of the House of…
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The UK’s Financial Conduct Authority (FCA) announced two consultation periods for how companies using decentralized finance can comply with its guidance, and exclusions for certain crypto assets following “recent legislative changes.”In a…
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Democrats have won control of both chambers of the US Congress, reshaping the outlook for cryptocurrency legislation and giving the party greater power to scrutinize President Donald Trump’s crypto ventures during the final two years of his…
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Crypto.com will discontinue its consumer app services in Hong Kong on Feb. 1, 2027, while continuing to pursue regulatory approval for its institutional exchange.On Monday, the company confirmed the shutdown to Bloomberg, saying affected…
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The Bank of Korea has reportedly asked banks and brokerages about cryptocurrency-related risks, asking how they would be affected by a major exchange hack, a market crash or heavy losses at another financial institution.The central bank…
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Update (Oct. 29, 2026 at 13:30 UTC): This article has been updated to include HTX’s UK exit and withdrawal arrangements and background on Justin Sun.Cryptocurrency exchange HTX has agreed to stop unlawfully promoting its services to…
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Cryptocurrency exchanges operating in Brazil face mounting compliance costs and unanswered regulatory questions ahead of a license application deadline.Exchanges already operating in Brazil must apply for authorization by Friday to continue…
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