Chinese prosecutors are seeking to confiscate more than 61,800 Bitcoin and other assets linked to a $5.7 billion investment fraud that left over 102,000 investors with losses exceeding $2.8 billion. The case involves Qian Zhimin, who is serving a UK prison sentence, while Chinese investors pursue compensation through separate legal proceedings in China and the UK.
AnaisA Circle shareholder has sued Donald Trump, his family's crypto firm and Steve Witkoff over alleged constitutional violations involving more than $2 billion in UAE-linked deals. Trump’s team and World Liberty Financial have rejected the allegations.
AnaisAndreessen Horowitz renamed its crypto fund a16z Crypto to a16z Frontier, expanding its focus to AI, robotics and other emerging technologies while continuing to invest in crypto. The fund has raised nearly $10 billion across five funds, including $2.2 billion in its latest fund announced in May 2026.
WeatherlyHSBC has launched its Hong Kong dollar-backed stablecoin, RedCoin, for more than 3.3 million PayMe users, supporting transfers between individuals and payments at over 100,000 merchants. The bank plans to add RedCoin to its mobile banking app by the end of 2026 and allow customers to invest in tokenised money-market funds, as Hong Kong expands its regulated stablecoin market.
Anais1Password launched a platform that lets users approve AI agents from OpenAI, Anthropic and Meta to log into their accounts without exposing their passwords. The launch comes as US banks detect AI-driven activity in customer accounts and struggle to determine whether users authorised it.
WeatherlyBybit has secured an active licence from Dubai’s VARA to offer spot trading to institutional, qualified and retail investors after years of non-operational approvals. The exchange plans to seek further approval for derivatives trading and has also applied for a crypto licence in Brazil.
AnaisCointelegraph tweeted that SEC approved iShares' Bitcoin (BTC) Spot ETF, but was confirmed to be false by BlackRock.
AaronThis development follows a transaction made just three weeks ago, where another wallet linked to Ethereum co-founder Vitalik Buterin sent 400 ETH, valued at approximately $600,000, to Coinbase.
DavinFake spot Bitcoin ETF news’ approval disseminated by Cointelegraph caused BTC price to pump to $30k before dropping while the news outlet quickly jumped on damage control.
CatherineiSanctuary did not name the exchanges.
Clement