U.S. sanctions BitBank over alleged Bitcoin transfers to IRGC
U.S. Treasury designated Iranian exchange BitBank, alleging it moved hundreds of millions of dollars in Bitcoin to the IRGC and handled Strait of Hormuz shipping payments.
News and developments from the cryptocurrency industry.
U.S. Treasury designated Iranian exchange BitBank, alleging it moved hundreds of millions of dollars in Bitcoin to the IRGC and handled Strait of Hormuz shipping payments.
Anthropic and Accenture plan to invest at least $1 billion each over five years in an embedded team that will test frontier AI models from inside the lab.
Beijing regulators are investigating four online hotel and travel-booking operators over suspected unfair competition, with the companies saying they will cooperate.
Apple's iPhone 18 Pro lineup reached stores worldwide, putting its premium-first launch strategy in front of consumers and investors.
Volkswagen expects special effects of about €10 billion to weigh on 2026 profit as Porsche impairments and restructuring deepen pressure on the group.
Berkshire Hathaway completed another step in its succession plan as Howard Buffett became chairman while Greg Abel remained chief executive.
The onchain trading platform now lets users pledge HYPE or bitcoin to borrow USDC and USDT, adding a direct credit function with asset-specific limits.
The London startup secured a seed round led by Radical Ventures after its system outperformed every human entrant in a major forecasting tournament.
India's largest exchange operator drew bids for more shares than were available as investors assessed a long-awaited, entirely secondary offering.
The Nvidia-backed AI infrastructure provider reported a $1.02 billion first-half loss and has not yet set the offering size or price range.
The companies plan to invest at least $1 billion each over five years in embedded evaluation, red-teaming and model-safeguard testing.
Gold advanced to its highest level in a week as investors reassessed the Fed's rate increase and crude oil extended a three-session decline.
The OCC has conditionally approved Bastion's national trust-bank conversion, bringing its enterprise stablecoin services under federal supervision.
Coinbase Derivatives has asked regulators to approve cash-settled perpetual futures tied to individual U.S. stocks and ETFs.
Zcash developers have set an NU7 timeline that targets 25-second blocks and a November 5 mainnet activation, pending an October decision.
A pending White House review confirms the CFTC is developing crypto-market rules, but the filing is preliminary and reveals few details.
Federal Reserve data show manufacturing retreated in August while total industrial production was flat and capacity use stayed below its long-run average.
An independent review says examiners spotted key vulnerabilities but hesitated to act, prompting new escalation and accountability measures.