Category: Bitcoin News

Ongoing sanctions against nation-states last year pushed the total value of crypto received by illicit addresses to its highest in history, as blacklisted entities sought to evade sanctions at scale. Throughout 2025, there were “unprecedented volumes associated with nation-states’ on-chain behavior,” blockchain analytics firm Chainalysis said in their 2026 crypto crime report on Thursday. Illicit cryptocurrency addresses received at least $154 billion in 2025, a 162% increase year-over-year from 2024’s $59 billion, primarily driven by the value received by sanctioned entities.  At the same time, Russia, which is facing sanctions…

New York Assemblyman Clyde Vanel has reintroduced legislation to the US state’s lower house that aims to restrict what event contracts prediction markets such as Kalshi and Polymarket can offer. Vanel resubmitted the Oversight and Regulation of Activity for Contracts Linked to Events, or ORACLE Act, to the New York State Assembly on Wednesday, which was first introduced in November and aims to ban certain markets tied to politics, sports, the stock market and others. Prediction markets have gained popularity over the past year and offer bets on a range…

US President Donald Trump reportedly will not grant a pardon to Sam “SBF” Bankman-Fried, who is serving a 25-year sentence for his role in the collapse of cryptocurrency exchange FTX. According to a Thursday interview with Trump by The New York Times, the president said he had no intention of pardoning Bankman-Fried and others, including music producer Sean Combs and former New Jersey Senator Robert Menendez. Bankman-Fried has been behind bars since August 2023 when a federal judge revoked his bail before his criminal trial.  In the same interview, Trump…

The TRU price fell to $0.0000000029 from $0.16 after the protocol reported a security incident and crypto sleuths tracked stolen Ether. The Truebit protocol reported a security incident “involving one or more malicious actors” with a smart-contract address suggesting the loss of $26 million worth of Ether. In a Thursday X post, Truebit said it was in contact with law enforcement and “taking all available measures” following the security incident. Crypto sleuths monitoring the protocol reported that the exploit had resulted in the removal of 8,535 Ether (ETH), worth about…

Key takeaways Korea’s crypto bill is stalled over stablecoin issuer rules. The central bank wants banks to remain in control, often framed as a “51%” threshold. Regulators and lawmakers fear a bank-only model would limit competition. Firms are lining up, with Toss planning a won-backed stablecoin once rules are finalized. South Korea’s next major crypto law is being held up by a seemingly simple question: Who gets to issue a won-backed stablecoin? The proposed Digital Asset Basic Act has slowed as regulators clash over whether stablecoins should be treated as…