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The U.S. Secret Service, in cooperation with Elliptic, froze $52.8 million in cryptocurrency assets of Xinbi; the Telegram marketplace handled $24 billion in scam transactions.
The U.S. Secret Service on September 8 froze $52.8 million in cryptocurrency assets linked to Xinbi Guarantee, a Chinese-language trading platform operating on Telegram that specializes in the tools used by scammer groups to steal victims' assets worldwide.

Apple introduced AI Siri, the 2-nanometer A20 Pro chip, and a foldable iPhone priced at $1,999 at its first event hosted by John Ternus.
On Wednesday, John Ternus for the first time chaired a product launch event in his capacity as Apple CEO, opening the “Surprise and Shine” event just eight days after officially taking the role.
He took over the role from Tim Cook on September 1, while Cook moved into the position of Chief Executive Officer after 15 years leading the company. Ternus used the occasion to introduce a redesigned version of Siri and a new 2-nanometer chip, developed with a focus on AI performance.

The cryptocurrency assets industry and community banking groups have jointly rallied to lobby senators in their home states ahead of a procedural vote on September 15 regarding the Clarity Act.
The standoff over the Clarity Act is being taken directly by cryptocurrency asset-supporting organizations and community banks to the senators’ home states ahead of an important vote next week. The U.S. Senate is expected to hold a procedural vote on the bill on September 15.

The CHFD pilot project, a stablecoin tied to the Swiss franc, adds SIX and TWINT, increasing the number of participating organizations from 7 to 9.
The CHFD pilot project—an on stablecoin denominated in Swiss franc—has just entered the real-world testing phase with the participation of two new players: financial market infrastructure operator SIX and digital payment service TWINT. This addition brings the total number of participating organizations in the initiative from 7 to 9, reflecting the growing interest of Switzerland’s banking industry in tokenized assets amid global competition for ledger-technology-based payment infrastructure.

The manufacturer of Bitcoin wallet Trezor confirms that the email warning about an STM32 vulnerability is fake, spread via a compromised email service provider, targeting both BitBox users.
The hardware wallet maker Trezor on Wednesday warned users that hackers had breached the company’s third-party email service provider, using it to distribute a phishing email disguised as a severe security warning.

Humo Digital is testing payments using the HUMO stablecoin, pegged to the Uzbek som, at more than 20 merchants in Uzbekistan, within the framework of a 12-month sandbox.
Uzbekistan has officially launched a pilot program for payments using a new stablecoin pegged to the country’s domestic currency, the som, and backed by government securities.
According to a notice on Monday, the National Agency for Prospective Projects (NAPP) said it has registered Humo Digital as a participating entity in a special mechanism overseen by the agency in coordination with the Central Bank of Uzbekistan. The program will test the entire lifecycle of the HUMO token, from issuance and circulation to buyback, with each token being pegged to the value of one som.

The Monetary Authority of Singapore grants a license to Gemini’s Large Payment Institution, allowing the provision of unlimited-volume digital payment token services.
The Gemini crypto asset exchange has just completed an important legal milestone in the Asian market after the Monetary Authority of Singapore (MAS) officially granted a Large Payment Institution (MPI) license, marking the end of the transformation process from an in-principle approved status nearly two years ago.

Malone Lam, 22, pleaded guilty to conspiracy to commit organized crime after leading a cross-border social-engineering ring that stole and laundered more than $245 million in cryptocurrency assets.
Malone Lam, a 22-year-old Singapore citizen who previously lived in Miami, on Tuesday pleaded guilty to a federal charge of conspiracy to commit organized crime, related to his leadership role in a cross-border social-engineering operation that stole and laundered more than $245 million in cryptocurrency assets.

File submission block for establishing a national trust bank Builders Bank & Trust, joining a wave that includes Coinbase, Ripple, Circle and Revolut seeking a license from the OCC.
Block, Inc., the payments company founded by Jack Dorsey, has just filed an application with the U.S. Office of the Comptroller of the Currency (OCC) to establish a non-deposit-insured national trust bank named Builders Bank & Trust, N.A.
According to a statement released on Tuesday, Lee Woolley, who is expected to serve as Chairman and CEO of Builders Bank, said that based on Block’s experience in the digital asset space, operating history with Square Financial Services, and the team’s deep banking expertise, the company believes Builders Bank is well positioned to support Block’s broader vision of economic empowerment.

Canary Staked TRX ETF, TRXS ticker, launched on Wednesday, paving the way for institutional investors to access TRX, a shared tokenized asset with a market capitalization of $32.1 billion, ranking eighth in the market.
The tokenized-asset ETF market in the U.S. continues to expand its product lineup as the Canary Staked TRX ETF, the first staking exchange-traded fund linked to Tron, officially begins trading on Wednesday under the TRXS ticker. This product offers investors a new way to access the TRX token through traditional financial markets, rather than having to directly hold or trade the asset on cryptocurrency exchanges.

Combine VisaNet data with lending on-chain, helping fintechs access working capital as the volume of payments through linked cards using stablecoins has increased by nearly 200%.
Visa is looking to leverage the strengths of its payment data to address liquidity challenges for fintech companies and stablecoin-linked card programs. In a notice on Tuesday, the global payments group said that lenders can combine settlement data from the VisaNet network with transaction data on the blockchain to assess the performance of payment businesses and thereby determine appropriate financing conditions.

Cronos has erased 1 hour 54 minutes of trading to recover 111.2 million USD after the Tectonic exploitation incident, while 9.19 million USD has still not been recovered.
Cronos, the blockchain network backed by Crypto.com, made a controversial decision by rewinding nearly two hours of transaction history to reverse around 111.2 million USD related to an exploitation of a vulnerability in the Tectonic lending protocol.
According to the incident post-mortem report released on Monday, the network’s validator nodes decided to reverse transactions that had already been completed in order to preserve around 92% of the funds affected, which remain on the network—contrary to the immutability principle that is considered a foundation of blockchain technology.

Bitcoin trades around $78,524, the S&P 500 falls 0.37%, as oil prices move close to $100 per barrel, raising the possibility of a 57% chance that the Fed will raise interest rates on September 16.
The global financial market is entering a cautious phase as both Bitcoin and U.S. stocks face adjustment pressure ahead of the inflation report to be released on Friday and the Fed interest rate decision on September 16. Today, Bitcoin is down 0.72%, trading around $78,524, marking a corrective move after this asset rose by about 20% over the summer.

Hackers have returned 3,400 BTC out of roughly 4,000 BTC that were withdrawn from the Liquid Network, but 600 BTC, worth about $47 million, has still not been paid back.
Liquid Network, a sidechain Bitcoin run by Blockstream, said on Tuesday that negotiations with the individuals behind the exploitation of a vulnerability that caused about $320 million in damage are still ongoing to recover all of the stolen funds. In an incident report posted on X, Liquid confirmed that Blockstream is working directly with the individuals responsible to ensure the remainder is returned, even though it did not disclose the negotiation terms or any specific timeline.

Chainlink has just partnered with Bottomline, one of the three largest SWIFT service providers, and has also been used by the U.S. Department of Commerce to put GDP, PCE, and retail sales figures on the blockchain.
Chainlink is strengthening its position as the middleware connecting traditional financial systems with blockchain infrastructure, through a series of notable partnership moves in recent times. Most notably is the agreement with Bottomline, one of the world’s three largest SWIFT network payment service providers, which currently serves more than 600 banks and processes over $16 trillion in transaction value each year.

Polish prosecutors charge Romana Ż. with participating in an organized criminal group and embezzling $2.1 million in users' funds from Zondacrypto.
Polish prosecutors are investigating the Zondacrypto cryptocurrency exchange and have officially charged an identified individual, Romana Ż., with allegedly participating in an organized criminal group and accused of embezzling 7.8 million zloty (2.1 million USD) from users.

The Bangko Sentral ng Pilipinas proposes to suspend issuing registration for 12 months for entities operating the payment system, and at the same time limit transaction thresholds with VASPs.
The Bangko Sentral ng Pilipinas has proposed to pause the acceptance of new registrations for entities operating the payment system for 12 months, while also applying tighter control measures for payment mechanisms related to virtual asset service providers (VASPs).

AUSTRAC cancels, suspends, or refuses to renew 45 registrations, in which the GetCoins case contributed to disrupting organized investment scam networks.
Australia’s financial intelligence agency said it had canceled, suspended, or refused to renew 45 registrations related to crypto assets and money transfer services over the past year, as the agency stepped up oversight of high-risk payment businesses.