Global crypto exchange OKX has integrated Alterya, a fraud-detection platform owned by Chainalysis, to strengthen protections against scam-related transfers. The system is designed to identify suspicious payment destinations before users complete withdrawals, reflecting a broader industry shift toward preventative compliance tools. Unlike traditional anti money laundering systems that focus on the sender through Know Your Customer (KYC) checks, Alterya concentrates on the recipient. It analyzes scam infrastructure across websites, messaging platforms, and social media, linking those signals to crypto wallet addresses and financial accounts associated with fraud networks or money mule operations. Rising Crypto Scam Losses Drive Preventative Measures Chainalysis…
Author: Tristan Lodenberg
Ethereum Layer 2 network Starknet is preparing to introduce strkBTC, a bitcoin-based asset designed to deliver private balances and confidential transfers while maintaining full decentralized finance (DeFi) composability. Developed by StarkWare in collaboration with the Starknet Foundation, the initiative aims to unlock new functionality for Bitcoin holders within scalable blockchain infrastructure. strkBTC will be issued deterministically against verifiable Bitcoin deposits, removing discretionary control over minting. Privacy protections are implemented at the protocol level, rather than relying on custodians or third-party services, allowing users to shield transaction amounts and counterparties without sacrificing auditability or integration with DeFi applications. Expanding Bitcoin’s Role…
American Bitcoin (ABTC), a mining company backed by members of the Donald Trump family, posted a fourth quarter loss of $59 million as falling Bitcoin prices reduced the value of its crypto holdings. The company, which went public in September, was affected by a 23% decline in Bitcoin during the reporting period. Under updated guidelines from the Financial Accounting Standards Board (FASB), firms must mark digital asset holdings to market prices. As a result, American Bitcoin recorded a $227 million non-cash loss tied to valuation adjustments. Over 6,000 BTC Held Through Mining and Purchases Despite the quarterly setback, American Bitcoin…
A large crypto trader has lost approximately $8.2 million after attempting to build a highly leveraged long position in the ARC perpetuals market on Lighter. The position, accumulated over several days, pushed total open interest in ARC contracts to nearly $50 million, with around 600 counterparties taking the opposing side. The trade began to unravel after ARCs price declined around Roughly $2 million of the position was liquidated through the order book. The remaining exposure was transferred into Lighter’s Liquidity Provider Pool (LLP), categorized under a higher-risk strategy to manage the imbalance. Auto-Deleveraging Limits Liquidity Provider Losses To contain systemic…
AllUnity, a joint venture backed by asset management arm DWS of Deutsche Bank, has introduced CHFAU, a Swiss franc denominated stablecoin designed for institutional use. The token is pegged 1:1 to the Swiss franc and initially issued on the Ethereum blockchain as an ERC-20 asset, with plans to expand to additional networks later this year. The launch follows AllUnity’s approval as an E-Money Institution by Germany’s federal financial regulator, BaFin. This allows CHFAU to operate in alignment with the European Union’s Markets in Crypto-Assets (MiCA) regulation, positioning it as a fully compliant digital settlement instrument within the bloc. Institutional Focus…
Rising geopolitical tensions between the United States and Iran are pushing investors toward traditional safe-haven assets, with gold emerging as a primary beneficiary. Reports indicate that Iran sharply increased crude exports from Kharg Island to roughly 20.1 million barrels between Feb. 15 and Feb. 20 nearly triple January levels in what analysts describe as a preemptive move against potential supply disruptions. Market participants are responding to increasingly hawkish rhetoric from Washington regarding Iran’s nuclear program. Analysts suggest that in the event of direct military confrontation, gold prices could surge as much as 15% within weeks on intensified safe-haven demand. Indian…
Indiana lawmakers have passed House Bill 1042 (HB1042), a landmark piece of legislation aimed at protecting cryptocurrency users and promoting digital asset investment options. The bill cleared both chambers with 59 votes in favor and 33 against and now awaits signature from Governor Mike Braun. If signed, the legislation would take effect on July 1, 2026, with certain provisions, including crypto options in retirement plans, activating later. HB1042 prohibits discriminatory taxes on cryptocurrencies and restricts state and local agencies from enacting rules that block lawful crypto payments, self-custody, or mining operations. It also extends protections to public employees, teachers, and…
Ethereum co-founder Vitalik Buterin has sold 17,196 ETH since early February, totaling approximately $34.96 million, exceeding his initially planned allocation of 16,384 ETH disclosed in January. The sales represent a 4.9% increase over the target and are part of Buterin’s multi-year capital allocation strategy to fund open-source projects and support the long term sustainability of the Ethereum Foundation. Funding Open-Source and Core Protocol Development Buterin described his initial withdrawal as his “own share of the austerity” to ensure continued development across Ethereum’s ecosystem. The funds are earmarked for multi-year initiatives including secure and verifiable software and hardware across sectors such…
US spot Bitcoin exchange traded funds (ETFs) have regained momentum, attracting $506.5 million in inflows as BTC reclaimed $68,625, marking the largest daily ETF inflow since February 2, 2026. The fresh capital brings weekly inflows to $560.4 million, signaling a potential first week of gains after five consecutive weeks of net outflows totaling $3.8 billion. The rebound follows a sharp February sell off that erased roughly $20 billion from ETF assets. BlackRock’s IBIT Leads ETF Inflows BlackRock’s iShares Bitcoin Trust ETF (IBIT) captured the largest share of inflows with $297.4 million, according to Farside data. Other major ETFs seeing renewed…
Decentralized finance protocol Aave has crossed $1 trillion in cumulative lending volume, becoming the first platform in the DeFi sector to reach the milestone. The achievement underscores Aave’s dominant position in onchain lending as demand for decentralized borrowing and yield generation continues to expand. Founded by Stani Kulechov, Aave originally launched as ETHLend in 2017 before rebranding in 2018. Today, the protocol secures approximately $27.2 billion in total value locked (TVL), enabling users to deposit digital assets to earn interest or borrow against collateral instantly. Institutional DeFi and Aave Horizon Expansion In August, Aave Labs introduced Aave Horizon, a dedicated…
