Former LASD deputy Scott Simpkins admitted lying during a federal investigation into Adam Iza. Prosecutors linked Simpkins to a 2021 incident involving an alleged $25,000 extortion demand. Adam Iza faces multiple federal cases involving fraud, robbery, and crypto-related crimes. A former Los Angeles County Sheriff’s Department deputy has been sentenced...
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South Korea to Tokenize Government Bonds in Major Blockchain Finance Initiative
New reforms will introduce tokenized government bonds, stablecoin laws, and CBDC integration across South Korea. South Korea is moving ahead with plans to expand blockchain technology across its financial system. Government officials have outlined a broader economic strategy that centers on digital assets, artificial intelligence, and advanced manufacturing for future...
XRP Sellers Still Rule Binance as CVD Score Refuses to Turn
XRP selling pressure holds firm on Binance as fresh CVD data and a 0.84 confirmation score point to more downside risk, per CryptoQuant. XRP touched above $2.00 back in the early part of this year. Binance’s order books don’t seem to remember that anymore. The token now trades near $1.07,...
White House Crypto Adviser Takes Leave as CLARITY Act Hits Critical Stage
Patrick Witt leaves for JAG training as CLARITY Act negotiations reach a critical phase. Harry Jung will oversee crypto council duties during Witt’s months-long military leave. Senate lawmakers race to advance crypto market structure rules before August recess. White House crypto adviser Patrick Witt is set to take a months-long...
Binance US Targets 20% U.S. Crypto Market Share After Regulatory Setback
Binance.US aims to recover its previous 20% U.S. crypto market share after regulatory challenges. The exchange uses near-zero fees and liquidity incentives to attract traders and rebuild activity. Binance.US plans derivatives, futures, and prediction markets pending additional regulatory approvals. Binance.US is targeting a return to 20% of the U.S. crypto...
Cardano Whales Hit 3.5-Year High as Retail Dumps ADA
Cardano wallets holding 100K-100M ADA top 25.6B coins, highest since Feb 2023, as sub-100 ADA wallets fell 0.7%. Cardano’s larger holders have raised their ADA balances to a 3.5-year high. The move comes as retail wallets reduce exposure. Santiment Intelligence said wallets holding 100,000 to 100 million ADA now hold...
OFAC Sanctions FirstVPN, Exposes Crypto Links to Top Ransomware Gangs
OFAC sanctions VPN provider FirstVPN and two operators tied to top ransomware gangs hiding attacks using malware-disguising tools. The US Treasury’s Office of Foreign Assets Control sanctioned a VPN provider and two individuals on July 13, 2026. The action names FirstVPN Service, also called 1VPNS, along with administrator Dmytro Rashevskyi...
Bolivia Eyes USDT Integration as Dollar Shortage Drives Stablecoin Adoption
Bolivia is evaluating USDT integration into its national payment system as the government responds to a foreign currency shortage and rising stablecoin adoption. Bolivia is exploring a major step in digital payments. The government is considering incorporating USDT into the national payment system. The stablecoin would be able to be...
Startale Unveils Onchain Visa Card as Institutions Enter Crypto Finance
Startale Card enables Soneium asset payments across 150 million Visa merchants globally. OFK provides institutions with blockchain tools for stablecoins, wallets, and settlements. Startale connects consumer crypto spending with enterprise-grade onchain infrastructure. Startale has introduced a self-custodial Visa card and institutional blockchain infrastructure suite, expanding its push to connect consumers...
Hyundai Completes Corporate Treasury Pilot Using Tether’s USDT
Hyundai completes a $20K USD₮ treasury pilot on Avalanche, settling between U.S. and Mexico units in about seven minutes. Hyundai has completed a corporate treasury pilot using Tether’s USD₮ for cross-border settlement between two regional units. Tether announced the proof of concept on July 13, 2026. The test involved Hyundai...