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New iPhone exploit targets crypto wallet keys
A sophisticated iPhone exploit kit called Coruna is being actively used to steal crypto wallet keys from vulnerable iPhones.
1. Coruna targets iPhones running iOS 13–17.2.1 via malicious finance and fake crypto sites, using 23 chained vulnerabilities to silently take control of devices.
2. Once installed, it scans photos, notes, and wallet apps (for example MetaMask, Phantom, Trust Wallet) for seed phrases, QR codes, and keys, enabling irreversible theft of funds.
3. Updating to the latest iOS (17.3 or newer), using Lockdown Mode, and keeping seed phrases completely offline materially reduces the risk from this exploit class.
Deep Dive
1. What Coruna Is And Who It Hits
Google’s Threat Intelligence Group and other researchers describe Coruna as a kit of 23 iOS vulnerabilities across five exploit chains that targets devices on iOS 13.0 to 17.2.1. Newer versions (iOS 17.3 and above) patch the main bugs that Coruna relies on, so unpatched or older iPhones are the primary risk surface.
Attackers deploy Coruna through compromised or fake finance and crypto websites, including fake exchanges and gambling portals, that push a hidden JavaScript framework when visited from a vulnerable iPhone. The kit started in surveillance and espionage campaigns but has migrated into mass financial crime, with one campaign estimated to have compromised around 42,000 devices.
What this means, If you use an older or unpatched iPhone for crypto and browse smaller or unknown trading, gambling, or airdrop sites, you are in the highest risk group.
2. How It Steals Wallet Keys
Coruna works as a visit to compromise attack, simply loading a malicious page can trigger a WebKit remote code execution exploit, bypassing iOS sandbox protections and giving the attacker high‑level access.
Once inside, the malware searches specifically for crypto data. Reports say it scans
1. Wallet app directories for MetaMask, Phantom, Trust Wallet, Bitget and others.
2. Photos and screenshots for QR codes and seed phrases.
3. Notes and files for keywords such as backup phrase, seed, and bank account.
Stolen BIP39 seed phrases and keys are exfiltrated to remote servers, allowing attackers to recreate wallets elsewhere and drain funds without needing you to sign a malicious transaction.
3. Practical Defenses For Crypto Users
Security researchers consistently recommend three layers of defense:
1. Patch the device, Update to the latest iOS version; iOS 17.3 and newer close Coruna’s known entry points and Apple’s Lockdown Mode blocks its exploit chains entirely.
2. Move keys off the phone, Keep seed phrases on paper or a hardware wallet card, not in photos, notes, password managers without strong encryption, or inside email/chat history.
3. Harden browsing habits, Avoid unknown high yield DeFi, airdrop, casino, or exchange sites on a phone that holds wallets, and prefer using self‑custody wallets from a separate, clean device.
What this means, Treat any phone that ever stored a seed phrase in photos or notes, while on a vulnerable iOS version, as potentially compromised and consider rotating to new wallets and fresh keys.
Conclusion
Coruna turns previously state‑grade iOS exploits into a scalable tool for stealing crypto, with older and unpatched iPhones as the main target. For everyday crypto users, the biggest risk is not a flashy app hack but quietly losing seed phrases and keys harvested from photos, notes, and hot wallets on a single compromised device. Keeping iOS fully updated, separating long‑term holdings into hardware or cold wallets, and never storing recovery phrases digitally are the most effective ways to stay ahead of this class.
1. Coruna targets iPhones running iOS 13–17.2.1 via malicious finance and fake crypto sites, using 23 chained vulnerabilities to silently take control of devices.
2. Once installed, it scans photos, notes, and wallet apps (for example MetaMask, Phantom, Trust Wallet) for seed phrases, QR codes, and keys, enabling irreversible theft of funds.
3. Updating to the latest iOS (17.3 or newer), using Lockdown Mode, and keeping seed phrases completely offline materially reduces the risk from this exploit class.
Deep Dive
1. What Coruna Is And Who It Hits
Google’s Threat Intelligence Group and other researchers describe Coruna as a kit of 23 iOS vulnerabilities across five exploit chains that targets devices on iOS 13.0 to 17.2.1. Newer versions (iOS 17.3 and above) patch the main bugs that Coruna relies on, so unpatched or older iPhones are the primary risk surface.
Attackers deploy Coruna through compromised or fake finance and crypto websites, including fake exchanges and gambling portals, that push a hidden JavaScript framework when visited from a vulnerable iPhone. The kit started in surveillance and espionage campaigns but has migrated into mass financial crime, with one campaign estimated to have compromised around 42,000 devices.
What this means, If you use an older or unpatched iPhone for crypto and browse smaller or unknown trading, gambling, or airdrop sites, you are in the highest risk group.
2. How It Steals Wallet Keys
Coruna works as a visit to compromise attack, simply loading a malicious page can trigger a WebKit remote code execution exploit, bypassing iOS sandbox protections and giving the attacker high‑level access.
Once inside, the malware searches specifically for crypto data. Reports say it scans
1. Wallet app directories for MetaMask, Phantom, Trust Wallet, Bitget and others.
2. Photos and screenshots for QR codes and seed phrases.
3. Notes and files for keywords such as backup phrase, seed, and bank account.
Stolen BIP39 seed phrases and keys are exfiltrated to remote servers, allowing attackers to recreate wallets elsewhere and drain funds without needing you to sign a malicious transaction.
3. Practical Defenses For Crypto Users
Security researchers consistently recommend three layers of defense:
1. Patch the device, Update to the latest iOS version; iOS 17.3 and newer close Coruna’s known entry points and Apple’s Lockdown Mode blocks its exploit chains entirely.
2. Move keys off the phone, Keep seed phrases on paper or a hardware wallet card, not in photos, notes, password managers without strong encryption, or inside email/chat history.
3. Harden browsing habits, Avoid unknown high yield DeFi, airdrop, casino, or exchange sites on a phone that holds wallets, and prefer using self‑custody wallets from a separate, clean device.
What this means, Treat any phone that ever stored a seed phrase in photos or notes, while on a vulnerable iOS version, as potentially compromised and consider rotating to new wallets and fresh keys.
Conclusion
Coruna turns previously state‑grade iOS exploits into a scalable tool for stealing crypto, with older and unpatched iPhones as the main target. For everyday crypto users, the biggest risk is not a flashy app hack but quietly losing seed phrases and keys harvested from photos, notes, and hot wallets on a single compromised device. Keeping iOS fully updated, separating long‑term holdings into hardware or cold wallets, and never storing recovery phrases digitally are the most effective ways to stay ahead of this class.
#mira $MIRA @Mira - Trust Layer of AI
I am really feeling bullish on this.
Mira Network ($MIRA ) is revolutionizing AI with trustless verification—staking rewards, high volume, and massive upside in the booming AI crypto sector. Don't miss the next leg up! 🚀
$MIRA 🔥🔥
I am really feeling bullish on this.
Mira Network ($MIRA ) is revolutionizing AI with trustless verification—staking rewards, high volume, and massive upside in the booming AI crypto sector. Don't miss the next leg up! 🚀
$MIRA 🔥🔥
#mira $MIRA @Mira - Trust Layer of AI
Recent Performance: The token has seen downward pressure in the short term (down significantly from its all-time high of around $2.61 in late 2025).
Overall Condition: Bearish in the immediate 24 hours with a price drop, but the project focuses on AI verification utility, which could support longer-term interest in the growing AI + blockchain sector. The network emphasizes trustless AI intelligence via collective verification.
#Mira #Trade
Recent Performance: The token has seen downward pressure in the short term (down significantly from its all-time high of around $2.61 in late 2025).
Overall Condition: Bearish in the immediate 24 hours with a price drop, but the project focuses on AI verification utility, which could support longer-term interest in the growing AI + blockchain sector. The network emphasizes trustless AI intelligence via collective verification.
#Mira #Trade
40 pupils now reported killed in Iran school, authorities urge evacuation of Tehran.
The death toll from an American and Israeli strike on an Iranian girls’ elementary school has risen to 40, according to local media.
PREMIUM TIMES reported the strike at a girls’ elementary school in Minab, in the Hormozgan province of Southern Iran. Five pupils were initially reported killed in the attack.
The death toll from an American and Israeli strike on an Iranian girls’ elementary school has risen to 40, according to local media.
PREMIUM TIMES reported the strike at a girls’ elementary school in Minab, in the Hormozgan province of Southern Iran. Five pupils were initially reported killed in the attack.
Beautiful @Binance BiBi Summarize this content
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*This is a general campaign announcement and products might not be available in your region.
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Pro Tips to Boost Your Write to Earn RewardsFrequently Asked Questions on Binance Square “Write to Earn” Promotion
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This Promotion may not be available in your region. Only Binance Square creators who complete account verification (KYC) will be eligible to participate in this Promotion, except those who are in countries which have specific Binance Product blocks.Participants must comply with the Write to Earn Promotion terms and conditions.
Users can earn rewards simultaneously in Activities 1, 2, and 3. In Activity 3, the same user can receive multiple rewards. For Activities 1 and 2, each user’s individual reward is capped at 5 USDC respectively.If your content generates any commission on a given day, you will receive a Square Assistant notification the next day with the detailed amount. Please note that rewards will be distributed on a weekly basis, by the following Thursday at 23:59 (UTC). Once you accumulate at least 0.1 USDC of commission rewards each week, Binance Square will update your weekly performance on the promotion page by the following Thursday at 23:59 (UTC). The Binance Square team will review all content for compliance with campaign guidelines and select final winners according to campaign rules.All 5,000 USDC rewards will be distributed in the form of USDC token vouchers to eligible users within 21 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Binance reserves the right to cancel a user’s eligibility in this promotion if the account is involved in any behavior that breaches the Binance Square Community Guidelines or Binance Square Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this promotion.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
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#mira $MIRA @Mira - Trust Layer of AI
MAXIMIZE YOUR MIRA TOKENS
Stake $MIRA on platforms like Binance Earn or the Mira dApp for high APY rewards (up to 90%+ reported). Lock longer for multipliers and boosted governance power. Farm Mira Points daily via Klok AI chats, quests, and referrals for potential airdrops. Lend on exchanges for passive interest. Hold for network growth as the AI verification layer expands. Always DYOR and manage risks.
#TradeMIRA
MAXIMIZE YOUR MIRA TOKENS
Stake $MIRA on platforms like Binance Earn or the Mira dApp for high APY rewards (up to 90%+ reported). Lock longer for multipliers and boosted governance power. Farm Mira Points daily via Klok AI chats, quests, and referrals for potential airdrops. Lend on exchanges for passive interest. Hold for network growth as the AI verification layer expands. Always DYOR and manage risks.
#TradeMIRA
yeah
Citerat innehåll har tagits bort
#fogo $FOGO @Fogo Official
OVERVIEW
FOGO is the native token of Fogo, a high-performance SVM-based Layer 1 blockchain optimized for ultra-low latency on-chain trading. Built with Firedancer client, it targets sub-40ms block times for CEX-like speed in DeFi, featuring enshrined DEX, native price feeds, and colocated liquidity.
A trading-focused L1 blending TradFi performance with blockchain.
#TRADEFOGO
OVERVIEW
FOGO is the native token of Fogo, a high-performance SVM-based Layer 1 blockchain optimized for ultra-low latency on-chain trading. Built with Firedancer client, it targets sub-40ms block times for CEX-like speed in DeFi, featuring enshrined DEX, native price feeds, and colocated liquidity.
A trading-focused L1 blending TradFi performance with blockchain.
#TRADEFOGO
#mira $MIRA @Mira - Trust Layer of AI
OVERVIEW
MIRA--A promising project bridging AI and Web3.
MIRA is the native token of Mira Network, a decentralized verification layer for AI. It enables trustless, reliable AI outputs by using collective consensus from multiple models to reduce hallucinations and bias. Built with cryptoeconomic incentives, MIRA powers staking, payments, and governance in this AI-focused blockchain ecosystem.
OVERVIEW
MIRA--A promising project bridging AI and Web3.
MIRA is the native token of Mira Network, a decentralized verification layer for AI. It enables trustless, reliable AI outputs by using collective consensus from multiple models to reduce hallucinations and bias. Built with cryptoeconomic incentives, MIRA powers staking, payments, and governance in this AI-focused blockchain ecosystem.
UPDATE 🔥🔥
The UK is picking winners for its digital dollar future while Coinbase CEO cries foul
Coinciding with the FCA’s announcement of its stablecoin trial, Coinbase’s Brian Armstrong criticized the U.K.’s regulatory process, saying it puts the region's global crypto leadership at risk.
WHAT TO KNOW:
The U.K. Financial Conduct Authority has selected Revolut, Monee Financial Technologies, ReStabilise and VVTX to test stablecoin issuance in its Regulatory Sandbox starting in early 2026.
The sandbox trials will examine stablecoin use in payments, wholesale settlement and crypto trading, with results feeding into final U.K. stablecoin rules expected later in 2026.
Industry figures, including Coinbase CEO Brian Armstrong, warn that proposed Bank of England caps on stablecoin holdings and a slow regulatory timeline could undermine the U.K.'s ambition to be a global digital asset hub.
The U.K.’s Financial Conduct Authority (FCA) picked Revolut, Monee Financial Technologies, ReStabilise, and VVTX to test stablecoin issuance in its Regulatory Sandbox as regulators move toward a full rulebook.
The FCA said the cohort will trial stablecoin products in real-world conditions, with safeguards in place. The regulator plans to focus on issuance and review use cases that include payments, wholesale settlement and crypto trading. Testing begins in the first quarter of 2026, and the FCA said the results will feed into final stablecoin rules later in 2026.
We are supporting U.K. stablecoin issuers to ensure they can be trusted for payments, settlement and trading,” said Matthew Long, director of payments and digital assets at the FCA. “It will benefit consumers and financial transactions and help to deliver the FCA's strategy and the Government's National Payments Vision.
The UK is picking winners for its digital dollar future while Coinbase CEO cries foul
Coinciding with the FCA’s announcement of its stablecoin trial, Coinbase’s Brian Armstrong criticized the U.K.’s regulatory process, saying it puts the region's global crypto leadership at risk.
WHAT TO KNOW:
The U.K. Financial Conduct Authority has selected Revolut, Monee Financial Technologies, ReStabilise and VVTX to test stablecoin issuance in its Regulatory Sandbox starting in early 2026.
The sandbox trials will examine stablecoin use in payments, wholesale settlement and crypto trading, with results feeding into final U.K. stablecoin rules expected later in 2026.
Industry figures, including Coinbase CEO Brian Armstrong, warn that proposed Bank of England caps on stablecoin holdings and a slow regulatory timeline could undermine the U.K.'s ambition to be a global digital asset hub.
The U.K.’s Financial Conduct Authority (FCA) picked Revolut, Monee Financial Technologies, ReStabilise, and VVTX to test stablecoin issuance in its Regulatory Sandbox as regulators move toward a full rulebook.
The FCA said the cohort will trial stablecoin products in real-world conditions, with safeguards in place. The regulator plans to focus on issuance and review use cases that include payments, wholesale settlement and crypto trading. Testing begins in the first quarter of 2026, and the FCA said the results will feed into final stablecoin rules later in 2026.
We are supporting U.K. stablecoin issuers to ensure they can be trusted for payments, settlement and trading,” said Matthew Long, director of payments and digital assets at the FCA. “It will benefit consumers and financial transactions and help to deliver the FCA's strategy and the Government's National Payments Vision.
ANOTHER ONE 🔥🔥
MrBeast editor nabbed by prediction market firm Kalshi for alleged insider trading.
The company said it punished the MrBeast employee and another user it said tried to get away with contracts relying on inside information.
WHAT TO KNOW:
Kalshi accused two users of insider trading, including an employee of popular streaming and reality show star MrBeast who was said to make trades on the content of his shows
The prediction market firm suspended and fined the two users, and Beast Industries told CoinDesk it's investigating the situation with its employee.
The Commodity Futures Trading Commission issued an advisory noting Kalshi's action and citing the cases as potential violations of law, and the agency's chairman called exchanges such as Kalshi the "first line of defense" against insider trading.
Kalshi, one of the leading prediction market firms, said it caught and penalized two users for insider-trading activity on its platform, including an editor for the popular social-media star MrBeast.
The company said it has more than a dozen active insider-trading cases among 200 it's investigated. On Wednesday, Kalshi disclosed the details of two that it resolved, including against Artem Kaptur, who was identified as working for James Donaldson, known for his MrBeast persona that's tied to its massive social-media presence as well as the reality competition show, "Beast Games."
Kaptur was said to have entered $4,000 in trades regarding what would occur on the MrBeast show, for which he worked as a visual effects editor. Kalshi suspended him for two years and fined him more than $20,000.
MrBeast editor nabbed by prediction market firm Kalshi for alleged insider trading.
The company said it punished the MrBeast employee and another user it said tried to get away with contracts relying on inside information.
WHAT TO KNOW:
Kalshi accused two users of insider trading, including an employee of popular streaming and reality show star MrBeast who was said to make trades on the content of his shows
The prediction market firm suspended and fined the two users, and Beast Industries told CoinDesk it's investigating the situation with its employee.
The Commodity Futures Trading Commission issued an advisory noting Kalshi's action and citing the cases as potential violations of law, and the agency's chairman called exchanges such as Kalshi the "first line of defense" against insider trading.
Kalshi, one of the leading prediction market firms, said it caught and penalized two users for insider-trading activity on its platform, including an editor for the popular social-media star MrBeast.
The company said it has more than a dozen active insider-trading cases among 200 it's investigated. On Wednesday, Kalshi disclosed the details of two that it resolved, including against Artem Kaptur, who was identified as working for James Donaldson, known for his MrBeast persona that's tied to its massive social-media presence as well as the reality competition show, "Beast Games."
Kaptur was said to have entered $4,000 in trades regarding what would occur on the MrBeast show, for which he worked as a visual effects editor. Kalshi suspended him for two years and fined him more than $20,000.
UPDATE 🔥🔥
Bitcoin snaps back near $69,000 but analysts warn the market may not be out of the woods yet.
Crypto rebounds sharply from Tuesday's lows, yet traders question whether the move marks a lasting turn or another range-bound bounce.
WHAT TO KNOW:
Bitcoin jumped back to $69,000 in a sharp short squeeze that jolted altcoins such as ETH, SOL, DOGE, and ADA, as well as crypto-related stocks like Circle, Coinbase, Strategy, and BitMine, after weeks of selling pressure.
The rebound appears to be a technical bounce driven by bearish positioning and thin liquidity rather than by clear fundamental catalysts, and LMAX Group's Joel Kruger urged caution about its durability.
Some funds are chasing the rally, rotating to volatile altcoins and options, FalconX's Joshua Lim said.
Key resistance levels for bitcoin around $72,000 and $78,000 must be broken on a sustained basis to signal a stronger structural uptrend.
BTC snapped back near $69,000 on Wednesday, rallying more than 10% from Tuesday’s low as crypto markets staged a broad relief rally after a prolonged stretch of pessimism.
Ethereum's ether (ETH),
DOGE
, native tokens of Solana (SOL) and
ADA
all posted double-digit gains, extending a move that caught many traders leaning the wrong way.
Digital asset stocks, battered lower in the past months amid falling crypto prices, also enjoyed a relief rally. Stablecoin issuer Circle (CRCL) surged 34% after its earnings report, while crypto exchange Coinbase (COIN) jumped 14%. Strategy (MSTR), the largest corporate holder of bitcoin, climbed 9%, and the ether treasury firm BitMine advanced 12%.
The broad-based rally offered a welcome reprieve after weeks of persistent selling pressure and dread of a next leg lower.
Still, analysts cautioned that despite the sharp bounce across tokens and equities, crypto markets are not out of the woods yet, with key resistance levels and macro risks still looming.
#BTC
Bitcoin snaps back near $69,000 but analysts warn the market may not be out of the woods yet.
Crypto rebounds sharply from Tuesday's lows, yet traders question whether the move marks a lasting turn or another range-bound bounce.
WHAT TO KNOW:
Bitcoin jumped back to $69,000 in a sharp short squeeze that jolted altcoins such as ETH, SOL, DOGE, and ADA, as well as crypto-related stocks like Circle, Coinbase, Strategy, and BitMine, after weeks of selling pressure.
The rebound appears to be a technical bounce driven by bearish positioning and thin liquidity rather than by clear fundamental catalysts, and LMAX Group's Joel Kruger urged caution about its durability.
Some funds are chasing the rally, rotating to volatile altcoins and options, FalconX's Joshua Lim said.
Key resistance levels for bitcoin around $72,000 and $78,000 must be broken on a sustained basis to signal a stronger structural uptrend.
BTC snapped back near $69,000 on Wednesday, rallying more than 10% from Tuesday’s low as crypto markets staged a broad relief rally after a prolonged stretch of pessimism.
Ethereum's ether (ETH),
DOGE
, native tokens of Solana (SOL) and
ADA
all posted double-digit gains, extending a move that caught many traders leaning the wrong way.
Digital asset stocks, battered lower in the past months amid falling crypto prices, also enjoyed a relief rally. Stablecoin issuer Circle (CRCL) surged 34% after its earnings report, while crypto exchange Coinbase (COIN) jumped 14%. Strategy (MSTR), the largest corporate holder of bitcoin, climbed 9%, and the ether treasury firm BitMine advanced 12%.
The broad-based rally offered a welcome reprieve after weeks of persistent selling pressure and dread of a next leg lower.
Still, analysts cautioned that despite the sharp bounce across tokens and equities, crypto markets are not out of the woods yet, with key resistance levels and macro risks still looming.
#BTC
#fogo $FOGO @Fogo Official
$FOGO
FOGO is trading around **$0.0275–$0.029** USD today (Feb 25, 2026), showing mixed but mostly positive momentum. Over the last 24 hours, it's up roughly **1–5%** across major trackers like CoinMarketCap and CoinGecko, with some sources reporting up to +8% swings. 24h range: low ~$0.0267–$0.0268, high ~$0.0307–$0.0309. Trading volume remains strong at $30M–$80M+, reflecting solid liquidity for this newer Layer-1 token. Market cap sits approximately $104M–$110M, ranking it in the #180–#260 range. It's still well below its ATH of ~$0.06 (down 50%+ from peak), but recent inflows and green candles suggest short-term bullish pressure amid volatile swings. Watch for support around $0.026 and resistance near $0.031.
$FOGO
FOGO is trading around **$0.0275–$0.029** USD today (Feb 25, 2026), showing mixed but mostly positive momentum. Over the last 24 hours, it's up roughly **1–5%** across major trackers like CoinMarketCap and CoinGecko, with some sources reporting up to +8% swings. 24h range: low ~$0.0267–$0.0268, high ~$0.0307–$0.0309. Trading volume remains strong at $30M–$80M+, reflecting solid liquidity for this newer Layer-1 token. Market cap sits approximately $104M–$110M, ranking it in the #180–#260 range. It's still well below its ATH of ~$0.06 (down 50%+ from peak), but recent inflows and green candles suggest short-term bullish pressure amid volatile swings. Watch for support around $0.026 and resistance near $0.031.
$APEMARS
**Introducing ApeMars ($APEMARS): The Next Big Meme Coin Launching Soon**
ApeMars is gearing up for its explosive debut on Solana! This community-powered meme coin blends ape-themed chaos with high-stakes presale stages, currently in Stage 9 at ~$0.000078.
With a planned listing around $0.0055, early holders eye massive upside in the ongoing meme frenzy. Built for virality and fun – join the troop before it blasts off!
ApeMars is gearing up for its explosive debut on Solana! This community-powered meme coin blends ape-themed chaos with high-stakes presale stages, currently in Stage 9 at ~$0.000078.
With a planned listing around $0.0055, early holders eye massive upside in the ongoing meme frenzy. Built for virality and fun – join the troop before it blasts off!
UPDATE 🔥🔥
U.S. Senator opens probe on Binance over alleged $1.7 billion flow to Iranian entities.
Richard Blumenthal sent Binance co-chief Richard Teng a letter asking him for records about the exchange’s dealings with Iran-linked entities and the alleged dismissal of its investigators.
WHAT TO KNOW:
Senator Richard Blumenthal has opened a Senate probe into Binance over reports that $1.7 billion was transferred from the crypto exchange to Iran-linked organizations, including Yemen’s Houthi militants.
Binance has denied the allegations, saying it has strict know-your-customer and compliance procedures and no Iranian users, while asserting that media reports about internal investigators’ dismissals are false.
Blumenthal has requested records on Binance’s dealings with Hong Kong entities tied to the alleged transfers and on the suspension and firing of compliance staff, as the exchange conducts its own internal review to be reported to the Justice Department.
U.S. Senator Richard Blumenthal, a top Democrat on the Senate Homeland Security Committee, on Tuesday opened a probe into alleged sanctions violations at crypto exchange Binance, the New York Times reported on Wednesday.
Blumenthal, who represents Connecticut, sent Binance a letter asking about the $1.7 billion allegedly transferred from accounts on the platform to Iran-linked organizations, including Yemen’s Houthi militants. The violations were identified by internal Binance investigators who were subsequently dismissed, according to several news reports. The world’s largest crypto exchange denied the allegations in an email to CoinDesk.
The New York Times’ prior reporting is wrong. Binance has strict KYC (know-your-customer) and compliance procedures in place, and there are no Iranian users on the platform,” a Binance spokesperson said in the email. The spokesperson also reiterated the exchange’s stance “against false claims in these reports”, referring to articles by the New York Times.
#TrumpStateoftheUnion
U.S. Senator opens probe on Binance over alleged $1.7 billion flow to Iranian entities.
Richard Blumenthal sent Binance co-chief Richard Teng a letter asking him for records about the exchange’s dealings with Iran-linked entities and the alleged dismissal of its investigators.
WHAT TO KNOW:
Senator Richard Blumenthal has opened a Senate probe into Binance over reports that $1.7 billion was transferred from the crypto exchange to Iran-linked organizations, including Yemen’s Houthi militants.
Binance has denied the allegations, saying it has strict know-your-customer and compliance procedures and no Iranian users, while asserting that media reports about internal investigators’ dismissals are false.
Blumenthal has requested records on Binance’s dealings with Hong Kong entities tied to the alleged transfers and on the suspension and firing of compliance staff, as the exchange conducts its own internal review to be reported to the Justice Department.
U.S. Senator Richard Blumenthal, a top Democrat on the Senate Homeland Security Committee, on Tuesday opened a probe into alleged sanctions violations at crypto exchange Binance, the New York Times reported on Wednesday.
Blumenthal, who represents Connecticut, sent Binance a letter asking about the $1.7 billion allegedly transferred from accounts on the platform to Iran-linked organizations, including Yemen’s Houthi militants. The violations were identified by internal Binance investigators who were subsequently dismissed, according to several news reports. The world’s largest crypto exchange denied the allegations in an email to CoinDesk.
The New York Times’ prior reporting is wrong. Binance has strict KYC (know-your-customer) and compliance procedures in place, and there are no Iranian users on the platform,” a Binance spokesperson said in the email. The spokesperson also reiterated the exchange’s stance “against false claims in these reports”, referring to articles by the New York Times.
#TrumpStateoftheUnion
UPDATE 🔥🔥
The chief of the SEC is headlining an event sponsored by a crypto firm at war with it.
SEC Chairman Paul Atkins is a marquee speaker at a policy summit backed by Unicoin, whose CEO says the agency chief is being duped by his staff.
WHAT TO KNOW:
Unicoin has accused the SEC of waging a war against it, but the company also stepped up as lead sponsor for a Washington policy summit at which the SEC chair will be headlining.
Unicoin's CEO told CoinDesk that he thinks SEC Chairman Paul Atkins has been conned by holdover enforcement "henchmen" who helped previous SEC Chair Gary Gensler legally hammer crypto businesses.
U.S. Securities and Exchange Commission Chairman Atkins is a top speaker at the Digital Chamber's DC Blockchain Summit next month, and the event's chief sponsor — Unicoin — is in a legal fight with the agency, claiming the SEC's chairman is being misled into perpetuating a legacy war on crypto.
The chief executive for Unicoin, which is the summit's "platinum" sponsor, says his company is not allowed to speak with the SEC's leaders due to the agency's ongoing legal action against the crypto platform. In May last year, the SEC sued the company and its executives, including CEO Alexander Konanykhin, accusing them of raising $100 million for tokens that weren't backed by real estate in the way the firm represented.
Konanykhin said that the legal clash is pursued by rogue agency enforcers (the "henchmen" of former SEC Chair Gary Gensler) that have misled current SEC Chairman Paul Atkins. (The case may have begun under Gensler's tenure, but the resulting lawsuit was filed last year under then-Acting Chair Mark Uyeda.)
"We are prohibited from talking to Atkins or other commissioners, so they have no way of knowing that they have been defrauded by 'dirty cops,' holdovers from Gensler's War on Crypto," Konanykhin wrote in a message to CoinDesk.
Unicoin executives may not be able to speak with Atkins, but the company is helping pay for the event at which Atkins and Commissioner Hester Peirce are the Konanykhin.
#SEC
The chief of the SEC is headlining an event sponsored by a crypto firm at war with it.
SEC Chairman Paul Atkins is a marquee speaker at a policy summit backed by Unicoin, whose CEO says the agency chief is being duped by his staff.
WHAT TO KNOW:
Unicoin has accused the SEC of waging a war against it, but the company also stepped up as lead sponsor for a Washington policy summit at which the SEC chair will be headlining.
Unicoin's CEO told CoinDesk that he thinks SEC Chairman Paul Atkins has been conned by holdover enforcement "henchmen" who helped previous SEC Chair Gary Gensler legally hammer crypto businesses.
U.S. Securities and Exchange Commission Chairman Atkins is a top speaker at the Digital Chamber's DC Blockchain Summit next month, and the event's chief sponsor — Unicoin — is in a legal fight with the agency, claiming the SEC's chairman is being misled into perpetuating a legacy war on crypto.
The chief executive for Unicoin, which is the summit's "platinum" sponsor, says his company is not allowed to speak with the SEC's leaders due to the agency's ongoing legal action against the crypto platform. In May last year, the SEC sued the company and its executives, including CEO Alexander Konanykhin, accusing them of raising $100 million for tokens that weren't backed by real estate in the way the firm represented.
Konanykhin said that the legal clash is pursued by rogue agency enforcers (the "henchmen" of former SEC Chair Gary Gensler) that have misled current SEC Chairman Paul Atkins. (The case may have begun under Gensler's tenure, but the resulting lawsuit was filed last year under then-Acting Chair Mark Uyeda.)
"We are prohibited from talking to Atkins or other commissioners, so they have no way of knowing that they have been defrauded by 'dirty cops,' holdovers from Gensler's War on Crypto," Konanykhin wrote in a message to CoinDesk.
Unicoin executives may not be able to speak with Atkins, but the company is helping pay for the event at which Atkins and Commissioner Hester Peirce are the Konanykhin.
#SEC
could this be another fall for BTC?
UPDATE 🔥🔥
Bitcoin treasury firm GD Culture set to sell BTC holdings to fund share buybacks.
The company's stock has lost about two-thirds of its value since peaking last year, nearly in step with bitcoin's record price above $126,000.
WHAT TO KNOW:
GD Culture Group received board approval to sell part of its bitcoin reserve to fund a stock repurchase program.
The company holds 7,500 bitcoins currently worth about $497 million, and is currently sitting on an unrealized loss of $344 million.
Shares are higher on Wednesday, but have lost about two-thirds of their value alongside the sharp decline in the price of bitcoin.
GD Culture Group (GDC) has received board approval to sell part of its 7,500 bitcoin reserve to help fund a previously announced stock repurchase program, the company said.
The board authorization allows management to decide when and how to carry out the bitcoin sales. GD Culture emphasized it’s not obligated to sell any set amount and can alter or halt the plan at any time.
Facing a sharp decline in the stock price as the price of bitcoin has tumbled in recent months, the board approved a $100 million repurchase program earlier this month.
The company’s bitcoin holdings are currently worth about $497 million, according to data from CoinGecko. That value has dropped over time, with GD Culture carrying an unrealized loss of $344 million, down nearly 41% from its total acquisition cost of $841.5 million.
The company got its large bitcoin stash through the acquisition of Pallas Capital Holding. The move was, at the time, financed through the issuance of 39.18 million shares.
Other companies have also started divesting their bitcoin holdings. Earlier this week, Bitdeer sold all of its BTC to fund a move into AI data centers, while Riot Platforms reduced its BTC balance late last year.
GDC shares are higher by 7% on Wednesday alongside a modest bounce in the price of bitcoin to above $67,000. They remain down by nearly 70% from their September 2025 peak.
#BTC
Bitcoin treasury firm GD Culture set to sell BTC holdings to fund share buybacks.
The company's stock has lost about two-thirds of its value since peaking last year, nearly in step with bitcoin's record price above $126,000.
WHAT TO KNOW:
GD Culture Group received board approval to sell part of its bitcoin reserve to fund a stock repurchase program.
The company holds 7,500 bitcoins currently worth about $497 million, and is currently sitting on an unrealized loss of $344 million.
Shares are higher on Wednesday, but have lost about two-thirds of their value alongside the sharp decline in the price of bitcoin.
GD Culture Group (GDC) has received board approval to sell part of its 7,500 bitcoin reserve to help fund a previously announced stock repurchase program, the company said.
The board authorization allows management to decide when and how to carry out the bitcoin sales. GD Culture emphasized it’s not obligated to sell any set amount and can alter or halt the plan at any time.
Facing a sharp decline in the stock price as the price of bitcoin has tumbled in recent months, the board approved a $100 million repurchase program earlier this month.
The company’s bitcoin holdings are currently worth about $497 million, according to data from CoinGecko. That value has dropped over time, with GD Culture carrying an unrealized loss of $344 million, down nearly 41% from its total acquisition cost of $841.5 million.
The company got its large bitcoin stash through the acquisition of Pallas Capital Holding. The move was, at the time, financed through the issuance of 39.18 million shares.
Other companies have also started divesting their bitcoin holdings. Earlier this week, Bitdeer sold all of its BTC to fund a move into AI data centers, while Riot Platforms reduced its BTC balance late last year.
GDC shares are higher by 7% on Wednesday alongside a modest bounce in the price of bitcoin to above $67,000. They remain down by nearly 70% from their September 2025 peak.
#BTC
UPDATE 🔥🔥
Bitcoin treasury firm GD Culture set to sell BTC holdings to fund share buybacks.
The company's stock has lost about two-thirds of its value since peaking last year, nearly in step with bitcoin's record price above $126,000.
WHAT TO KNOW:
GD Culture Group received board approval to sell part of its bitcoin reserve to fund a stock repurchase program.
The company holds 7,500 bitcoins currently worth about $497 million, and is currently sitting on an unrealized loss of $344 million.
Shares are higher on Wednesday, but have lost about two-thirds of their value alongside the sharp decline in the price of bitcoin.
GD Culture Group (GDC) has received board approval to sell part of its 7,500 bitcoin reserve to help fund a previously announced stock repurchase program, the company said.
The board authorization allows management to decide when and how to carry out the bitcoin sales. GD Culture emphasized it’s not obligated to sell any set amount and can alter or halt the plan at any time.
Facing a sharp decline in the stock price as the price of bitcoin has tumbled in recent months, the board approved a $100 million repurchase program earlier this month.
The company’s bitcoin holdings are currently worth about $497 million, according to data from CoinGecko. That value has dropped over time, with GD Culture carrying an unrealized loss of $344 million, down nearly 41% from its total acquisition cost of $841.5 million.
The company got its large bitcoin stash through the acquisition of Pallas Capital Holding. The move was, at the time, financed through the issuance of 39.18 million shares.
Other companies have also started divesting their bitcoin holdings. Earlier this week, Bitdeer sold all of its BTC to fund a move into AI data centers, while Riot Platforms reduced its BTC balance late last year.
GDC shares are higher by 7% on Wednesday alongside a modest bounce in the price of bitcoin to above $67,000. They remain down by nearly 70% from their September 2025 peak.
#BTC
Bitcoin treasury firm GD Culture set to sell BTC holdings to fund share buybacks.
The company's stock has lost about two-thirds of its value since peaking last year, nearly in step with bitcoin's record price above $126,000.
WHAT TO KNOW:
GD Culture Group received board approval to sell part of its bitcoin reserve to fund a stock repurchase program.
The company holds 7,500 bitcoins currently worth about $497 million, and is currently sitting on an unrealized loss of $344 million.
Shares are higher on Wednesday, but have lost about two-thirds of their value alongside the sharp decline in the price of bitcoin.
GD Culture Group (GDC) has received board approval to sell part of its 7,500 bitcoin reserve to help fund a previously announced stock repurchase program, the company said.
The board authorization allows management to decide when and how to carry out the bitcoin sales. GD Culture emphasized it’s not obligated to sell any set amount and can alter or halt the plan at any time.
Facing a sharp decline in the stock price as the price of bitcoin has tumbled in recent months, the board approved a $100 million repurchase program earlier this month.
The company’s bitcoin holdings are currently worth about $497 million, according to data from CoinGecko. That value has dropped over time, with GD Culture carrying an unrealized loss of $344 million, down nearly 41% from its total acquisition cost of $841.5 million.
The company got its large bitcoin stash through the acquisition of Pallas Capital Holding. The move was, at the time, financed through the issuance of 39.18 million shares.
Other companies have also started divesting their bitcoin holdings. Earlier this week, Bitdeer sold all of its BTC to fund a move into AI data centers, while Riot Platforms reduced its BTC balance late last year.
GDC shares are higher by 7% on Wednesday alongside a modest bounce in the price of bitcoin to above $67,000. They remain down by nearly 70% from their September 2025 peak.
#BTC
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