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Tether freezes $72M USDT after $120M laundered via Tron wallet buying Monero

Market News
12 Jun 2026
Crypto Briefing
View Source
Bearish
pluang ai news

A Tron-based wallet received $120.2 million in USDT and used it to buy Monero, causing a price spike. Tether blacklisted the wallet and froze about $72 million in USDT still inside, but $48 million had already moved, likely converted to Monero. This highlights Tether's centralized control and the challenges of tracing funds once converted to privacy coins like Monero. Investors should note the risks and limits of stablecoin compliance amid fast blockchain transactions.

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Shirofune launches Walmart Connect to automate and unify retail media campaign management.

Shirofune launches Walmart Connect to automate and unify retail media campaign management.

Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...

Market News
Bullish
35 minutes ago
Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...

Company Fundamentals
Bullish
35 minutes ago
Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...

Company Fundamentals
Bullish
35 minutes ago
Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...

Market News
Bullish
1 hour ago
$1.7B invested to deploy Bloom Energy fuel cells powering AI cloud infrastructure for Nebius.

$1.7B invested to deploy Bloom Energy fuel cells powering AI cloud infrastructure for Nebius.

Industrial Development Funding (IDF) and Oaktree have committed $1.7 billion to support Bloom Energy's fuel cell technology for building AI cloud infrastructure for Nebius. This project will provide dedicated behind-the-meter power to meet the high c...

Market News
Bullish
4 hours ago
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