Judge Rachel P. Kovner rejected claims by nine alleged fraud victims seeking to contest forfeiture of approximately 127,271 Bitcoin in a Sept. 25 order. Their filings did not plausibly connect their lost funds to the specific seized wallets, leaving them with a different potential recovery route if the government wins the forfeiture case. The Eastern…
China must “respond firmly” if the EU introduces restrictions on Chinese businesses or products, the Commerce Ministry said, according to a CNBC translation. Source: www.cnbc.com Read Full Story
OpenAI says its agents keep landing on government websites because they treat them as reliable sources, but it’s pausing training while it adds safeguards. Source: decrypt.co Read Full Story
Leveraged funds moved 1,599 contracts further net short in standard CME Bitcoin futures during the week to Sept. 22, reversing the prior week’s easing, while asset managers added 411 contracts to their net long. The CFTC snapshot captures two major trader groups moving in opposite directions as Bitcoin enters a new week. At five BTC…
Matthews Asia portfolio manager Andrew Mattock delivers a strategy that revolves around the world’s second largest economy. Source: www.cnbc.com Read Full Story
Federal prosecutors are targeting a Montana payments firm and a Caribbean bank accused of moving money without a license. Source: decrypt.co Read Full Story
Ondo Finance launched three on-chain portfolio tokens on Sept. 24 using investment strategies BlackRock developed for the company. The tokens give buyers economic exposure to diversified baskets, but they are securities issued by Ondo, not interests in BlackRock funds. Only eligible non-US investors who complete onboarding can redeem the tokens directly with Ondo, according to…
The deal, which was set to expire in November, will now be extended to Jan. 10, Bessent said, noting the need for Beijing to fulfill more deliverables. Source: www.cnbc.com Read Full Story
DeepSeek will address the UN Security Council on AI risks this week, sharing a stage with Dario Amodei—who has spent a year calling China’s government the industry’s biggest threat. Source: decrypt.co Read Full Story
The Senate fell short of advancing the CLARITY Act on Sept. 15, when a 49-50 cloture vote failed to reach the 60-vote threshold. Six days later, Coinbase CEO Brian Armstrong said Stand With Crypto had surpassed four million members. Armstrong wrote in a post that “the 2024 election proved the importance of the crypto voter,” adding…