Chinese courts sentenced five operators of the Sifang payment platform to prison terms ranging from three to six years for running an illegal gambling payment network that processed about $428 million. The network used USDT, bank cards, and third-party payment accounts to move funds linked to overseas gambling sites. Investigators traced transactions through blockchain data and exchange records, revealing the group’s role in unlicensed payment operations. The case highlights challenges in regulating crypto-related money laundering in China and may prompt calls for clearer legal frameworks.
On August 1, $77.07 million worth of BEAT, EIGEN, and ZETA tokens will unlock, significantly increasing their circulating supply. BEAT leads with $67.78 million unlocking, equal to nearly 7% of its circulation, after a recent 32.1% price gain. EIGEN ...
Ladder Capital Corp. (LADR), a US-based REIT focused on commercial real estate loans and properties, reported Q2 2026 results highlighting a 25% discount to book value and a 9% dividend yield. The company is shifting from investment-grade securities ...
Bitcoin has rebounded to nearly $64,000 but faces a strong resistance near $68,000, where a large cluster of 3.55 million BTC bought 6 to 12 months ago sits at breakeven prices. This causes many holders to sell at this level, creating significant sel...
Valkyrie Trading Society analysts view 3i Group as unappealing because of increasing capital costs and a lack of clear growth catalysts. Although 3i Group trades at a 10% discount to its net asset value (NAV), this NAV is based on high and arguably u...
XRP's price remains above a crucial support level despite bearish trends and trading below key moving averages. Ripple recently made a strategic investment in Notabene to enhance compliance for its institutional ecosystem, while the XRP Ledger reache...
