Crypto News

Real estate tycoon Grant Cardone’s private equity firm Cardone Capital announced a 1,000 BTC acquisition on Friday, June 27. The bitcoin ( BTC) is worth more than $100 million at current prices and is part of Cardone’s foray into implementing a bitcoin treasury strategy after a curious meeting he had with Michael Saylor, Chairman ofSource link

The U.S. Department of Justice is sending a message with its recent effort to seize $225 million in crypto tied to pig butchering scams: these funds were stolen from victims.At least, that's the takeaway from Phil Selden, a member at Cole Schotz PC and former acting US Attorney for the District of Maryland.The DOJ moved to seize these funds last month through a forfeiture motion, although it has yet to publicly identify any individuals accused of stealing the funds.But that's the point, Selden said."This is a tone-setting case," said Selden, who's now a member at law firm Cole Schotz PC. "We have victims on American streets, and the Department made clear they didn't want to wait for an arrest to...

Deutsche Bank is preparing to enter the crypto custody arena in 2026, joining forces with Bitpanda and Taurus as the digital asset race accelerates across global finance. Germany’s largest lender is reportedly advancing its move into the crypto sector by establishing a digital custody platform designed to store and safeguard tokenized assets and cryptocurrencies. CollaboratingSource link

Figma’s $69.5 million Bitcoin ETF holding now accounts for 4.5% of its cash and securities portfolio, the company revealed Tuesday.Source link

The Supreme Court’s refusal to hear a major crypto privacy case leaves intact rulings that uphold the IRS’ power to obtain bitcoin user data without consent. IRS Retains Authority to Access Bitcoin Transaction Data Without User Consent A constitutional challenge over the Internal Revenue Service’s (IRS) ability to obtain cryptocurrency transaction records without a warrantSource link