Browsing: Treasury

Investors who chased last year’s crypto run are now licking their wounds and speaking up. Retail and institutional holders are leaning into activism at companies built around stockpiling tokens after losses swelled to about $50 billion.

US Treasury’s OFAC designated BitBank as a priority Iranian digital asset target today. The action is part of Operation Economic Outcast, targeting Iran’s crypto-based sanctions evasion. BitBank joins a broader list of Iranian entities using digital assets to circumvent US sanctions. The designation exposes any US person transacting with BitBank to potential civil and criminal…

Add preferred source The U.S. Treasury Department on the 17th imposed sanctions on Bitbank, a cryptocurrency exchange controlled by sanctioned Iranian financier Babak Zanjani. The exchange allegedly processed safe-passage fees for vessels transiting the Strait of Hormuz and funneled hundreds of millions of dollars to the Islamic Revolutionary Guard Corps. A software development firm and…

Avalanche Treasury Company CEO Bart Smith expects artificial intelligence agents to create a sharp increase in blockchain activity as they move deeper into financial markets. Speaking at the Avalanche Summit in New York, Smith argued that low-end projections for agentic activity could challenge the assumption that Layer 1 blockspace is effectively unlimited. His central warning…

H100 CEO Eirik Grøttum has increased his exposure to the Swedish Bitcoin treasury company through purchases totaling 407,163 shares for SEK 621,887, while H100 continues to report 3,506.4 $BTC on its balance sheet.