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Man Hid Millions in Crypto, Then Claimed Just $0.34 in BankruptcyWorldPing
Bitcoin.com

Man Hid Millions in Crypto, Then Claimed Just $0.34 in Bankruptcy

A Virginia man convicted of stealing more than $2.5 million from investors concealed millions in cryptocurrency before declaring just 34 cents in financial assets. Federal prosecutors said he also denied owning any crypto during bankruptcy.

Brief by WorldPing · Original reporting by Bitcoin.com

No Anthropic Stock Exists, but Crypto Traders Just Priced It at $2TWorldPing
Bitcoin.com

No Anthropic Stock Exists, but Crypto Traders Just Priced It at $2T

The artificial intelligence (AI) giant Anthropic is still private, but crypto traders are assigning the Claude maker an implied valuation of about $2.12 trillion through synthetic perpetual contracts that do not represent company shares.

Brief by WorldPing · Original reporting by Bitcoin.com

Illinois Crypto Tax Faces New Court Bid Before It Hits ResidentsWorldPing
Bitcoin.com

Illinois Crypto Tax Faces New Court Bid Before It Hits Residents

Illinois’ 0.2% digital asset tax could cost crypto firms millions and expose them to felony charges for compliance errors, two trade groups warn. They want enforcement blocked before the Jan. 1, 2027 launch produces irreversible costs and customer losses.

Brief by WorldPing · Original reporting by Bitcoin.com

Visa Stablecoin Settlement Tops $20 Billion as Card Volume SurgesWorldPing
Bitcoin.com

Visa Stablecoin Settlement Tops $20 Billion as Card Volume Surges

Visa’s stablecoin settlement volume has climbed above a $20 billion annualized run rate, up more than 15-fold from a year ago. The growth is forcing card issuers, lenders and banks to rethink how they finance settlement in an always-on crypto market.

Brief by WorldPing · Original reporting by Bitcoin.com

Cut off From Global Finance, Iran Turns to Bitcoin and TetherWorldPing
Bitcoin.com

Cut off From Global Finance, Iran Turns to Bitcoin and Tether

According to reports, cryptocurrency use in Iran is not fringe but a working trade-settlement rail. Tehran is quietly moving funds across these digital rails using bitcoin (BTC) and tether (USDT) to undermine financial sanctions.

Brief by WorldPing · Original reporting by Bitcoin.com

Here’s what happened in crypto todayWorldPing
Cointelegraph

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Brief by WorldPing · Original reporting by Cointelegraph

Grayscale Drives $47M Bitcoin Outflows as XRP Funds Gain $1.55MWorldPing
Bitcoin.com

Grayscale Drives $47M Bitcoin Outflows as XRP Funds Gain $1.55M

U.S. crypto ETFs reopened after the Labor Day break with broad selling pressure, as bitcoin, ether, solana, and HYPE funds all posted net outflows. XRP ETFs were the only major category to finish Tuesday in positive territory, drawing $1.55 million.

Brief by WorldPing · Original reporting by Bitcoin.com

Steak ‘n Shake Says Sales Grew Double Digits Since Bitcoin AdoptionWorldPing
Bitcoin Magazine

Steak ‘n Shake Says Sales Grew Double Digits Since Bitcoin Adoption

Bitcoin Magazine Steak ‘n Shake Says Sales Grew Double Digits Since Bitcoin Adoption The burger franchise started accepting bitcoin over Lightning last year and claims business is booming.

Brief by WorldPing · Original reporting by Bitcoin Magazine

Metamask Breaks Free From Consensys as 2027 IPO Buzz Heats UpWorldPing
Bitcoin.com

Metamask Breaks Free From Consensys as 2027 IPO Buzz Heats Up

On Wednesday, Consensys Software Inc. announced plans to split into two independent companies, with consumer wallet platform Metamask breaking away from Consensys, which will remain focused on protocols and institutional infrastructure.

Brief by WorldPing · Original reporting by Bitcoin.com

Iran Continues Using Bitcoin To Keep Economy Stable: ReportWorldPing
Bitcoin Magazine

Iran Continues Using Bitcoin To Keep Economy Stable: Report

Bitcoin Magazine Iran Continues Using Bitcoin To Keep Economy Stable: Report Rumors of Iran using bitcoin to skirt transactions have been abound for some time now. Business and regime insiders have reportedly said it's a tried and tested method.

Brief by WorldPing · Original reporting by Bitcoin Magazine

Bitcoin Price Steadies at $78K Despite $6B Treasury ActionWorldPing
Bitcoin.com

Bitcoin Price Steadies at $78K Despite $6B Treasury Action

Despite a $6 billion long-term debt buyback by the U.S. Treasury, bitcoin experienced a volatile yet ultimately flat trading session, swinging between $78,095 and $79,650 before settling near $78,600.

Brief by WorldPing · Original reporting by Bitcoin.com

TRM Labs doubles valuation to $2B in Series C expansionWorldPing
Cointelegraph

TRM Labs doubles valuation to $2B in Series C expansion

The blockchain intelligence firm said its annual recurring revenue has quadrupled over the past three years as it expands its AI-powered investigations business.

Brief by WorldPing · Original reporting by Cointelegraph

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