Author: CryptoPress

Ukrainian authorities have transferred over 8.3 million USDT to the National Agency for Asset Tracing and Management (ARMA), marking the first time in the country’s history that seized virtual assets have moved directly under state control. The digital assets were confiscated during a cybercrime investigation targeting an international hacking group responsible for over $100 million in global damages. The transfer positions Ukraine to build...

Tether is expanding the utility of its massive gold reserves by integrating its tokenized gold product, Tether Gold, with digital asset lending platform Ledn. The partnership will enable holders of the gold-backed token to borrow against their holdings later this year, mirroring traditional bitcoin-backed lending structures. This collaboration marks a significant step in Tether’s broader initiative to monetize what has become one of the...

OpenAI has introduced its next-generation GPT-5.6 model lineup but restricted initial access to roughly 20 government-approved enterprise partners. The Trump administration requested the staggered rollout over national security anxieties, particularly regarding the models’ advanced reasoning and cybersecurity capabilities. The intervention follows a strict regulatory clampdown that recently forced rival AI lab Anthropic to completely...

Strategy’s flagship preferred stock, STRC, plunged to an all-time low of $71.25, representing a nearly 25% discount from its targeted $100 par value. The selloff coincided with Bitcoin sliding below $59,000, pushing the company’s 847,363 BTC corporate treasury into an estimated $14 billion unrealized paper loss. Executive Chairman Michael Saylor defended the model on social media, acknowledging that market volatility tests capital...

The 2026 FIFA World Cup has propelled prediction market trading volumes to historic levels, with combined volumes across top platforms surpassing $5 billion mid-tournament. Kalshi secured extensive branding exposure for the World Cup knockout stage through a strategic partnership with ADI Predictstreet, FIFA’s official prediction market partner. The surging interest comes as trading platforms see massive activity, with Kalshi reporting a...