Feds Charge Vietnamese National in $16M Pig Butchering Crypto Scheme

A Vietnamese national has been charged with laundering money from a sprawling “pig butchering” cryptocurrency scam that U.S. federal prosecutors say bilked one victim out of roughly $16 million, and moved tens of millions more through his digital wallets over several years. Alleged ‘Pig Butchering’ Crypto Fraud Trung Nguyen Van, 37, faces a two-count criminal […]
Bitget Sets Staged Withdrawal Restart After Sept. 24 Security Incident
Bitcoin withdrawals are scheduled to reopen Sept. 28, followed by Ether, USDT and other assets through Oct. 2.
Fed Proposes Stablecoin Rules With Full Reserves, Capital Charges
The proposals would require one-to-one reserve backing, set risk-based capital charges and establish a tailored approval process for supervised banks seeking to issue stablecoins.
Bitcoin could soon get Zcash-style ‘shielded’ privacy without changing its rules
Researchers have mapped out private bitcoin-denominated transfers that run alongside Bitcoin, but the system still lacks a finished way to lock up real BTC and release it again.
Bitget Will Reopen Bitcoin Withdrawals Sept. 28 After Security Incident
Ether, USDT and other withdrawals will resume on later dates as Bitget completes additional security checks.
White House assures no US diesel export ban, says Ted Cruz
The assurance against a diesel export ban suggests a focus on alternative strategies to boost domestic supply, impacting market expectations. The post White House assures no US diesel export ban, says Ted Cruz appeared first on Crypto Briefing.
Fed Moves to Tighten Stablecoin Rules With Two New GENIUS Act Proposals
The Federal Reserve has proposed two rules to help establish oversight for stablecoin issuers under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The proposals were announced by the central bank on Thursday and opened for public comment. Stricter Stablecoin Oversight The first proposal would require payment stablecoin issuers supervised by the […]
SingularityNET Bridge Attack Minted 2.3 Billion Unauthorized Tokens
The attacker released 8.72 million FET, exchanged it for 522.78 ETH and realized about $2.29 million in crypto and stablecoins.
DOG Founder Leonidas Questions Bitget Delisting During Withdrawal Freeze
Bitget announced the delisting after a hack while users still could not withdraw DOG, widening price differences across exchanges.
Polygon Transfers 100 Million POL to Dead Address, Cuts Economic Supply
The completed transfer represents roughly 1% of POL’s 10 billion-token supply, but may not change the Ethereum contract’s ERC-20 totalSupply() figure.