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PropMarketCapFRESHRegulation10 hours ago

Jack Dorsey's Block to pay $764M in money laundering case

Block (Jack Dorsey's payment company, founded by the Twitter co-founder, owns the Cash App with Bitcoin purchases) has reached an agreement with the US Department of Justice to pay $764M and close the case over weak anti-money laundering controls. This is more than the company's entire quarterly profit of $566M.

PropMarketCapFRESHExchanges and infrastructure6 days ago

Tether froze 33 wallets with $27 million in USDT TRC20 in one day

On October 28, Tether (the issuer of USDT, the largest stablecoin - a coin with an exchange rate pegged to the dollar) blacklisted at least 33 addresses on the TRON network. The owners can no longer move a single coin from them.