The transfers have raised questions over Trump’s Bitcoin reserve pledge, though deposits to Coinbase Prime do not confirm an impending sale. The US government moved nearly $300 million in seized Bitcoin and Ether to Coinbase Prime on Monday, renewing speculation that the assets could be sold. Data from Arkham shows 3,940 Bitcoin (BTC) (worth $243.95 million) and 30,014 Ether (ETH) (worth $53.09 million) were sent to Coinbase Prime on Monday. The funds were linked to several high-profile US government crypto seizures. “These coin movements were comprised of coins seized from ryan farace (“xanaxman”) and defunct crypto exchange btc-e,” said Galaxy Research head Alex Thorn, referring to the Bitcoin movements. The Ether is linked to Brian Krewson, an Oracle employee implicated in a $54 million crypto storage and money laundering scheme. Read more
Bitcoin backed mortgages and stablecoin yield are hot topics in Japan right now, as Hyundai experiments with Avalanche for global stablecoin transfers. Asia Express A crypto wallet linked to a suspected romance-scam money launderer processed more than $122.5 million in 10 months, according to Interpol. Interpol said that Thai authorities arrested two suspects and uncovered a money-laundering network that funneled proceeds from romance scams into cryptocurrencies, using cross-chain token swaps to obscure the trail. The investigation was part of Operation First Light 2026, an Interpol-coordinated campaign targeting social engineering scams and the financial infrastructure used to launder their proceeds. Read more
The Federal Law Enforcement Officers Association expressed support for the CLARITY Act but urged changes to the legislation’s language. The Digital Asset Market Clarity Act has secured its second public endorsement from a major US law enforcement organization, coming just weeks before what many see as a make-or-break legislative deadline before the Senate’s August recess. In a July 10 statement, the Federal Law Enforcement Officers Association (FLEOA) said it submitted a letter to the US Senate Banking Committee endorsing the CLARITY Act, while calling for changes to strengthen accountability in decentralized finance (DeFi) and preserve investigators’ existing powers. “[FLEOA] expressing support for CLARITY and confirming what many of us know — this bill is strong on consumer protection and law enforcement,” said Ji Kim, CEO of the Crypto Council, in a statement Monday. Read more
OP_CSFS authenticates signatures over arbitrary data. OP_CAT concatenates stack values into a single message. Together, they let Bitcoin scripts verify transaction structure at spend time, without pre-signed key management or new consensus rules beyond the two opcodes themselves. This is Part 4 in the technical article series about Bitcoin covenants by Cointelegraph Research. To read the previous article, click here. The following opcodes do not independently implement full covenant functionality. Instead, they are building blocks for constructing covenants when combined with other opcodes or script elements. OP_CSFS is a proposed opcode that would allow Bitcoin script to verify signatures over arbitrary messages supplied on the stack. It is different from OP_CHECKSIG, which verifies signatures over the spending transaction according to the active SIGHASH mode. By enabling signature verification for data other than the serialized transaction details, OP_CSFS enables a broader class of constructions, includin...
Reed Smith’s Aquarius platform automates regulatory filings and legal workflows as demand for MiCA compliance tools grows across Europe. Reed Smith, a global law firm with over 30 offices across North America, Europe and Asia, has launched an automated compliance platform designed to help crypto companies navigate the European Union’s Markets in Crypto-Assets (MiCA) regulation as the bloc enters a new phase of crypto oversight. The platform, called Aquarius, automates key compliance tasks including crypto-asset classification, regulatory white paper generation, due diligence and environmental, social and governance (ESG) disclosures. Reed Smith said it plans to expand the platform to support crypto compliance regimes in the United Kingdom, the United Arab Emirates, Hong Kong and Singapore. According to the firm, Aquarius is intended to simplify MiCA compliance for companies entering the European market or expanding their crypto offerings in the region by combining automated workflows with legal expertise. Rea...