Everything web3, crypto, defi, degen
In brief Crypto exchange TradeOgre stopped working months ago. Canadian police said they shut down the exchange and seized $56 million CAD ($40.5 million USD) in crypto from the platform. The Royal Canadian Mounted Police said it was the country’s biggest crypto seizure. Canadian police have confiscated $56 million CAD ($40.5 million USD) in digital…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors mostly flat into FOMC, Bitcoin leads +1% to $116,300 Binance in talks with US DOJ to end its compliance monitor…
In brief OFAC has sanctioned two Iranians and multiple firms in Hong Kong and the UAE. The designations hit a shadow banking network tied to oil sales and cryptocurrency transactions for the IRGC-QF and MODAFL. The measures follow Israeli moves against 187 crypto wallets linked to the IRGC. The U.S. Treasury Department has imposed sanctions…
September 16, 2025 | Asset Listings We’re thrilled to announce that STBL is available for trading on Kraken! Funding and trading STBL trading is live as of September 16, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens…
In brief Israel’s National Bureau for Counter Terror Financing has released a list of 187 USDT addresses. It alleges the addresses, which collectively received $1.5 billion, are linked to Iran’s Islamic Revolutionary Guard Corps and must be blacklisted. Blockchain data firm Elliptic said it couldn’t be certain if all the addresses were linked to Iran’s…
In brief The startup beat out Paxos, Ethena, and others, with validators and prediction markets pushing odds to above 90% before the vote. Native Markets’ proposal splits reserve yield between Hyperliquid’s Assistance Fund and growth, with reserves managed via Bridge, BlackRock, and Superstate. The next test for USDH would be whether it could break the…
Stablecoin giant Tether furthered its push into the United States on Friday, announcing a previously teased U.S.-specific stablecoin designed to comply with new laws. The token project, dubbed USAT, will be led by Bo Hines, former executive director of the White House’s digital assets working group. Hines will serve as USAT’s CEO from Charlotte, North Carolina,…
In brief The U.S. DOJ has filed a civil forfeiture action to recover over $500,000 in USDT from an Iranian national. Per the DOJ, Mohammad Abedini is founder of Iranian firm SDRA, which supplies technology used in Iran’s Shahed military drones. The USDT tokens were said to be kept in an unhosted cryptocurrency wallet, posing questions…
In brief Projects are fighting over who will take control of the USDH ticker to create a “Hyperliquid-aligned” stablecoin. Major companies like Ethena, Paxos, Sky, and Agora have submitted proposals, most of which include a way to give back to the Hyperliquid community. But the relative newcomer Native Markets is currently looking most likely to…
In brief Federal prosecutors have filed a complaint to forfeit USDT funds traced to a spoofed trading platform. Victims were recruited through text messages and directed into fake investment accounts. Civil forfeiture is being used as a tool to disrupt scams and recover funds for victims, Decrypt was told. Federal prosecutors in Albany have filed…
