Bitcoin Holds Near $78,000 as U.S.-Iran Escalation Drives Oil Higher
Cryptocurrency shows relative stability while Brent crude tops $90 and equities weaken following strikes near the Strait of Hormuz
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Latest updates, press releases, and insights from the volatile world of digital assets.
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Trump-Linked Account Promotes Solana Token That Collapses Nearly 99% Within Hours
A Solana-based memecoin promoted via a Trump-associated brand account surged to tens of millions in market value before crashing amid heavy insider selling and deleted posts
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US Treasury Expands Iran Sanctions to Digital Assets Over Alleged $100 Million Oil Payments
The Office of Foreign Assets Control added Iran’s crypto sector to its sanctions authority on August 24, targeting brokers and intermediaries while designating nearly 60 entities in a broader economic pressure campaign
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US Treasury Sanctions Shelbit and Aban Tether Over Alleged Iran Sanctions Evasion
The Office of Foreign Assets Control designated two cryptocurrency exchanges and related parties for facilitating digital asset transfers linked to Iran’s Islamic Revolutionary Guard Corps
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Dubai Crypto Hub and Iranian Gambling Network Moved $4 Billion to Dodge Sanctions
An unlicensed exchange processed billions in digital assets linked to illegal betting sites, the central bank and entities tied to the Revolutionary Guards
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US Treasury Freezes $131 Million in Iran-Linked Crypto Wallets
The US Treasury Department, working with Tether, froze approximately $131 million in USDT held in four Tron network wallets connected to Iran’s Central Bank amid escalating regional tensions
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Bitcoin Drops Below $63,000 as US-Iran Strikes Push Oil Higher
Bitcoin fell below $63,000 in Asian trading following renewed US strikes on Iran and the closure of the Strait of Hormuz, with oil prices rising sharply in response
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CoinEx Faces Scrutiny Over $3.84 Billion in Iran-Linked Crypto Flows
Blockchain analytics firm TRM Labs has traced substantial crypto transactions between CoinEx and sanctioned Iranian entities, prompting the exchange to issue a strong denial and highlight its compliance efforts
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Iran Threatens Strait of Hormuz Closure as Ceasefire Tensions Flare
Iran has announced the closure of the critical Strait of Hormuz in response to alleged violations of a recent ceasefire agreement, while the United States maintains that maritime traffic continues uninterrupted
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Trump Cancels Iran Strikes as Markets Surge $1.2 Trillion on Near-Deal Breakthrough
US equities and Bitcoin jumped sharply after President Trump announced canceled military action against Iran and progress toward a major agreement, while combined economic pressure and targeted strikes brought Tehran closer to concessions
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