Treasury Cuts Crypto Exchange MEXC Off From US Financial System
FinCEN’s order, part of Operation Economic Outcast, bars U.S. institutions from any transfers to or from MEXC, which Treasury says facilitated $16 billion in illicit finance tied to Iran, North Korea and Russia.
Core Scientific to Exit Bitcoin Mining by 2027 as AI Data Center Business Takes Over
Core Scientific's colocation revenue hit $215.4 million in Q3, as it continues to strengthen its AI ambitions ahead of its planned Bitcoin mining exit.
Aave Labs Buys Avon Team to Push Fixed-Rate Onchain Lending
This is not Aave inventing fixed rates from a blank repo. It is a tuck-in. Aave is buying the engineers and the order-book stack that already priced fixed and floating credit onchain. Then it points that capacity at institutions, fintechs, and retail.…
Treasury cuts off MEXC Global over alleged $16 billion in transactions linked to Iran, North Korea and Russia
Treasury says it has severed MEXC Global from the U.S. after it allegedly supported $16 billion in transactions connected to Iran.
Gnosis Pay Data Breach Exposes Home Addresses and Wallets
The Gnosis Pay data breach hit its legacy card stack. Unauthorized access on November 3 exposed personal details and linked wallets. Funds stayed untouched. That is the stake for anyone still on the retiring Gnosis Pay-branded consumer card. In a…
US Treasury walks back crypto surveillance ‘travel rule’ proposal
The Treasury Department has withdrawn a controversial proposal that would have expanded requirements for cryptocurrency transactions.
Greece Passes Crypto Tax Law With 10% Gains Levy, 15% on Staking and DeFi
Greece has approved a crypto tax framework with a €500 ($557) annual gains threshold and new rules for staking and DeFi income, but lawmakers left important questions about token swaps unresolved.
PG&E Corporation (PCG) Stock: Slips 1.40% as Foundation Awards $327,500 in STEM Scholarships
TLDR PCG stock falls 1.40% to $13.05 as PG&E unveils $327,500 in STEM scholarships. PG&E Foundation awards $327,500 to 57 students pursuing STEM college degrees. Scholarship recipients receive between $2,500 and $10,000 in education funding.…
US Treasury Moves to Cut MEXC Global Off From US Financial System Over $16B in Illicit Transactions
The US Treasury's Financial Crimes Enforcement Network (FinCEN) has issued an order prohibiting US f...
Apple, Meta reject OKX–ICE tokenized stock plans, leaving crypto firms as the ones to watch
Strategy, Coinbase, Circle and Robinhood are among six companies from the venture’s initial selection with no disclosed objection, after 90% of issuers opted out.