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Iran-linked entities moved $3.8B through CoinEx, TRM says

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TRM Labs traced $3.8 billion moved by 60 sanctioned Iranian entities through CoinEx and said that the exchange’s 8% share of illicit transactions was substantially higher than its counterparts.

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Coin Market

IRS plans lower tax disclosure penalties, including for crypto: Forbes

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The US tax agency is targeting faster resolutions and more flexible payment options for taxpayers voluntarily disclosing past tax violations under a planned program overhaul.

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Initia halts blockchain after exploit reportedly drains over $2.6M

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The blockchain suspended its layer-1 network and rollups after security researchers identified unauthorized token minting and millions in assets transferred to Ethereum.

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US senator probes Tether after reported deal with ex-Trump crypto adviser

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The Democratic ranking member of the Senate Permanent Subcommittee on Investigations asked Paolo Ardoino for records related to a reported deal between Tether and Nxum.

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