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US Media: DOJ Acknowledges Lack of Evidence in Powell Investigation

2 hours ago

March 25 — Court records cited by The Washington Post show that a senior deputy to U.S. Department of Justice (DOJ) official Jenny Piore admitted during a closed-door hearing earlier this month that the DOJ lacks evidence of wrongdoing by Federal Reserve Chair Jerome Powell in its criminal probe into the cost of a Fed building renovation. (FX168)
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US Media: Iran Tells US It Doesn't Want to Negotiate with Trump's Son-in-Law, Prefers Talks with Pence

March 25 (CNN) — Iran has informed the U.S. it is not interested in peace talks with Trump team envoys Witkoff and Kushner, preferring instead to negotiate with JD Vance. Witkoff and Kushner, diplomatic representatives from the Trump team with real estate development backgrounds, pushed for isolating Iran via the Abraham Accords. Vance’s experience deployed in Iraq and anti-war stance, meanwhile, have made him more credible to Iran.

3 minutes ago

500 BTC linked to Irish drug dealer moves on-chain after nearly a decade of dormancy

On March 25, Bitcoin News reported that 500 BTC linked to Irish drug dealer Clifton Collins has been transferred on-chain—nearly 10 years after the funds were thought lost. Collins bought 6,000 BTC with marijuana sale proceeds between 2011 and 2012, storing the crypto across 12 wallets. He wrote the private keys on paper and hid them in a fishing rod case at a rented property in Galway, Ireland. In 2017, after Collins’ arrest, the property was cleared, and its contents dumped at a landfill. Both authorities and Collins believed the private keys were permanently lost, and a court ruled the related funds confiscated as criminal proceeds. The 500 BTC transfer now suggests at least part of the asset was never actually lost.

3 minutes ago

Market maker Flowdesk has deposited 63,250 ETH to Binance in the last 24 hours

March 25 — On-chain analyst Ai Yi (@ai_9684xtpa) noted that Flowdesk-linked addresses deposited 63,250 ETH to Binance over the past 24 hours, totaling $135 million in value at an average deposit price of $2,145. Public records show Flowdesk is a French firm focused on serving institutions, CEXs, and projects, with core businesses spanning market making, OTC trading, and asset management.

3 minutes ago

A new address withdrew 474.54 BTC from Binance.

March 25 — Per Onchain Lens monitoring, a newly created crypto address withdrew 474.54 BTC from Binance 10 minutes prior, with the transaction valued at roughly $33.59 million.

3 minutes ago

ZachXBT: Circle Freezes 16 Corporate Hot Wallets Holding USDC Amid Unspecified U.S. Civil Legal Proceeding

March 25th — On-chain sleuth ZachXBT reported that Circle has frozen the USDC balances in 16 hot wallets belonging to multiple businesses. The freeze stems from an undisclosed U.S. civil lawsuit, with details confirmed directly to ZachXBT by one of the affected businesses. ZachXBT noted the wallets — tied to exchanges, casinos, forex platforms, and other operations — have no apparent connection to each other, raising questions about whether Circle conducted a thorough review before honoring the freeze request. These are operational hot wallets used to process a high volume of user transactions, and the freeze has disrupted the businesses’ daily operations.

3 minutes ago

Crypto Finance CEO: Traditional Banks at Least 5 Years Behind Crypto-Native Platforms in DeFi Innovation

On March 25, Stijn Vander Straeten—CEO of Crypto Finance, a Deutsche B?rse subsidiary—said traditional banks are at least five years behind crypto-native platforms in decentralized finance (DeFi) innovation. Large institutions typically wait for regulatory clarity before entering related markets, so full DeFi adoption by banks could still take 5 to 10 years, he noted. Crypto platforms already offer features like weekend trading and instant settlement, he pointed out, while the traditional financial system remains constrained by outdated infrastructure—such as T+2 settlement cycles. (Source: BeInCrypto)

3 minutes ago