Democratic Senators to Oversee DOJ Investigation into Binance

A group of Democratic senators is set to monitor a Justice Department probe into Binance regarding potential sanctions violations linked to Iran.

A group of Democratic senators is set to monitor a Justice Department probe into Binance regarding potential sanctions violations linked to Iran.

The U.S. Department of Justice has seized $61 million in Tether connected to fraudulent cryptocurrency schemes known as pig butchering, which exploit victims through social engineering tactics.

A congressional inquiry into Binance has been initiated by Senator Richard Blumenthal following allegations of the exchange facilitating transactions linked to sanctioned entities in Iran and Russia.

Despite President Trump's announcement of a 15% global tariff increase, the cryptocurrency market shows resilience, with minimal price fluctuations for major assets.

Coinbase has launched new crypto wallets that enable AI agents to autonomously manage and execute trades, expanding the capabilities of digital asset management.

A New York federal judge dismissed a patent infringement lawsuit from Bancor against Uniswap, ruling the patents involved claim abstract ideas.

Recent inflows into Bitcoin ETFs suggest a potential stabilization in institutional demand, despite previous heavy outflows.
Korean crypto exchange Bithumb successfully reclaimed nearly all of the $40 billion mistakenly credited to users during a promotional campaign, implementing immediate recovery measures and announcing a compensation plan.

Key developments in Asia's tech landscape include calls for AI agent ID cards in India, China's intensified cryptocurrency regulations, and advancements in electric VTOL technology in Singapore.

Five individuals have admitted to facilitating North Korean remote IT workers infiltrating U.S. companies, netting millions for the regime.