AI-powered summaries of the day's top crypto events
Europol has successfully disrupted operations of malware groups SocGholish, Amadey, and StealC, which were responsible for harvesting crypto wallets and passwords. This operation led to the freezing of €41 million ($47 million) in cryptocurrencies. The takedown is a significant step in combating cybercrime targeting the crypto industry.
TRM Labs has reported that 60 sanctioned Iranian entities moved $3.8 billion through the CoinEx exchange, which accounted for 8% of illicit transactions on the platform. The exchange has also been linked to interactions with terrorist organizations, raising significant concerns about its compliance practices.
The U.S. Senate is under pressure to advance a comprehensive cryptocurrency bill next month, as political turmoil surrounding a housing bill threatens to delay the legislative agenda. This bill is seen as crucial for establishing clearer regulatory frameworks for the crypto industry.
SBI Holdings has announced its agreement to acquire Bitbank for $288.6 million, with the transaction expected to close by October 2026. This acquisition is set to create Japan's largest crypto exchange and marks a significant expansion of SBI's crypto ecosystem.
Ripple has launched its RLUSD stablecoin in Japan, following regulatory approval. The stablecoin is now available through SBI VC Trade for both institutional and retail users, marking an important step for Ripple's expansion in the stablecoin market.