Richard Teng Says Binance Is Not Accused: So Why the $61 Million Seizure?
Richard Teng, Binance’s co-CEO, said on Tuesday that a US forfeiture case over Iranian oil money was not filed against the exchange and does not allege any wrongdoing by it. Prosecutors in Manhattan brought the case on Monday, seeking about $61 million in cryptocurrency they say came from black market sales of sanctioned Iranian crude […]
Olas deploys AI agent transactions on Robinhood Chain across seven blockchains
Olas’ integration with Robinhood Chain could revolutionize DeFi by making AI-driven financial management accessible to millions of users. The post Olas deploys AI agent transactions on Robinhood Chain across seven blockchains appeared first on Crypto Briefing.
Oman reports two sailors missing after attack on El Gaia tanker in Strait of Hormuz
Heightened tensions in the Strait of Hormuz could disrupt global oil supply, impacting energy markets and increasing geopolitical instability. The post Oman reports two sailors missing after attack on El Gaia tanker in Strait of Hormuz appeared first on Crypto Briefing.
Arbitrum Announces Tokenized Stocks as DeFi Milestone
Arbitrum has announced a milestone in decentralized finance by introducing tokenized stocks, which can now be composed with DeFi applications. This significant development is expected to enhance liquidity and programmability in finance. As stated in their official tweet, users can begin building with these stocks soon, indicating a broader integration of traditional financial assets into […]
Shield AI seeks funding round to achieve $20B valuation
Shield AI’s funding pursuit highlights the growing strategic importance and investment in autonomous defense technologies globally. The post Shield AI seeks funding round to achieve $20B valuation appeared first on Crypto Briefing.
Artificial Intelligence Underwriting Company raises $40M to insure AI agents
AIUC raised $40M in Series A funding led by Ribbit Capital, bringing total funding to $55M as the InsurTech startup builds insurance products for The post Artificial Intelligence Underwriting Company raises $40M to insure AI agents appeared first on Crypto Briefing.
Scott Bessent tells House the US economy is strong as oil tops $100 and national debt crosses $40 trillion
Treasury Secretary Scott Bessent testified before the House on the US economy, citing a 27% S&P 500 gain and 4.1% unemployment amid $100 oil and The post Scott Bessent tells House the US economy is strong as oil tops $100 and national debt crosses $40 trillion appeared first on Crypto Briefing.
US military destroys Iranian vessels after drone incident in Strait of Hormuz
The ongoing conflict in the Strait of Hormuz threatens global oil supply stability, escalating geopolitical tensions and economic uncertainty. The post US military destroys Iranian vessels after drone incident in Strait of Hormuz appeared first on Crypto Briefing.
Balancer Proposes $9M Treasury Wind-Down After V3 Fails to Restore DeFi Revenue Growth

Key Takeaways: Marcus Hardt, CEO of Balancer, suggested an orderly winddown given the lack of revenue generation from the restructured V3 business. If the proposal is accepted, at least $9 million is in the DAO treasury, and could go to the BAL users. The plan would incrementally shift pools to withdrawals starting on October 30th, […]
Treasury yields hit multiyear high, impacting Fed policy expectations
Rising Treasury yields may prompt the Fed to adopt a more hawkish stance, impacting borrowing costs and inflation control strategies. The post Treasury yields hit multiyear high, impacting Fed policy expectations appeared first on Crypto Briefing.