New York users gain access to Strike’s Bitcoin brokerage, recurring buys and paycheck-to-Bitcoin services after the NYDFS licensing approvals. Payments company Strike received a virtual currency license and a money transmitter license (MTL) from the New York State Department of Financial Services (NYDFS), allowing the company to offer its Bitcoin services to residents and businesses in New York. Granted in February, the approvals authorize Zap Solutions, Inc., which does business as Strike, to operate under New York’s digital asset regulatory framework, the company said in a Thursday release. New York residents can now use Strike to buy and sell Bitcoin (BTC), set recurring or price-targeted purchases and convert direct-deposited paychecks into Bitcoin. The platform also allows users to pay bills from Bitcoin balances and withdraw funds to self-custody wallets. Read more
A federal judge froze 70.6 Bitcoin tied to BlockFills after Dominion Capital alleged customer fund misuse and sought the return of disputed assets. A US judge has temporarily frozen 70.6 Bitcoin tied to crypto lending and trading firm BlockFills and ordered an accounting of segregated customer funds after Dominion Capital accused the company of misappropriating customer assets and commingling funds, according to a court filing. The complaint, filed Feb. 27, alleges that BlockFills unlawfully retained millions of dollars in customer crypto assets and used commingled funds to cover losses. Judge Mary Kay Vyskocil issued a temporary restraining order (TRO) for 70.6 Bitcoin (BTC), worth about $5 million, currently held by BlockFills, which Dominion is claiming, according to a Tuesday court filing. BlockFills must respond to the court order by March 17, 2026. The order comes three weeks after BlockFills halted withdrawals in February. Read more