Bitcoinist·
Treasury Secretary Scott Bessent recently revealed that the United States has seized $1 billion worth of crypto assets tied to the Iranian government. This figure has continued to rise amid the ongoing conflict between the two nations. Operation Economic Fury Sends Iran Into Crisis: US Treasury Secretary Earlier in the month, Bessent disclosed that the […]
Read full articleThe post Premu Launches Decentralized Prediction Market Platform Featuring User-Created Markets and Leveraged Event Trading appeared on BitcoinEthereumNews.com. Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest. Stockholm, Sweden, May 31st, 2026, Chainwire New platform introduces permissionless market creation and up to 2.5x leverage for event-based trading Premu, a decentralized prediction market platform, today announced the launch of its event-trading infrastructure, introducing user-created prediction markets and leveraged event trading capabilities of up to 2.5x. The launch comes as prediction markets continue to attract growing attention from traders, analysts, and market participants seeking exposure to real-world events across sectors including cryptocurrency, politics, sports, economics, artificial in
The post The US says it grabbed Iran’s crypto in a $1B seizure appeared on BitcoinEthereumNews.com. reasury Secretary Scott Bessent said at the Reagan National Economic Forum that the US had seized roughly $1 billion in Iranian crypto assets, turning the Iran crypto seizure into an early test of Trump’s reserve framework Bessent added the authorities “just outright grabbed the wallets,” with CBS reporting he also described the assets as money stolen from the Iranian people. Yet Bessent disclosed neither the asset types nor the wallets involved, and that lack of information is exactly what determines whether any of this money ever reaches President Donald Trump’s Strategic Bitcoin Reserve. Trump’s 2025 executive order created two separate buckets for government-held digital assets. The Strategic Bitcoin Reserve holds BTC that has been finally forfeited through criminal or civil proceedings, or collected through civil penalties, and the order states that government BTC deposited into it
The post U.S. Confiscates $1 Billion in Crypto Assets From Iran in Expanding Sanctions Push appeared on BitcoinEthereumNews.com. Key Takeaways U.S. authorities have confiscated approximately $1 billion in digital currency assets connected to Iran, twice the amount previously reported in April. Secretary Bessent revealed that crypto wallets were seized and certain holders remain unaware of the confiscation. These confiscations are part of Operation Economic Fury, a financial pressure initiative that began in March 2025 targeting Iranian revenue streams. Tehran confronts severe economic distress including inflation exceeding 200%, food rationing, connectivity blackouts, and salary defaults for military forces. Iranian authorities have been developing a Bitcoin-powered insurance system for maritime traffic through the Strait of Hormuz. Treasury Secretary Scott Bessent disclosed Friday that the United States has confiscated around $1 billion in digital currency holdings associated with Ira
The post US Says It Seized $1 Billion in Iran Crypto as New Front Opens appeared on BitcoinEthereumNews.com. US Treasury Secretary Scott Bessent said US authorities have seized approximately $1 billion in Iran-linked crypto assets, doubling the amount previously disclosed in late April. Speaking at the Reagan National Economic Forum, Bessent described the operation in broad terms, stating that authorities had effectively taken control of cryptocurrency wallets linked to Iranian interests. He did not provide technical details about how the assets were secured. The Treasury Secretary said the effort is part of Operation Economic Fury, a financial pressure campaign targeting Tehran that began in March 2025. US Expands Financial Pressure With $1 Billion Crypto Seizure According to Bessent, Operation Economic Fury extends beyond digital assets and includes the freezing of bank accounts and the confiscation of property in coordination with European allies. Estimated Cost of Epic Fury’s First
The post Top World Cup 2026 Crypto Coins: Three Layers Riding Football’s Biggest Stage appeared on BitcoinEthereumNews.com. The FIFA World Cup 2026 begins on June 11 across the United States, Mexico, and Canada. As excitement builds, crypto markets have already formed around the tournament. However, not every token claiming a World Cup connection offers the same level of exposure. The market has split into three distinct categories. Some projects have direct football partnerships. Others use FIFA branding without authorization. A third group consists entirely of speculative meme coins built around national teams. Understanding the difference may help investors separate genuine football-related crypto plays from short-term hype. The Three Layers of the World Cup 2026 Crypto Trade World Cup-related crypto assets currently fall into three categories: Licensed football infrastructure and fan tokens Unofficial FIFA-themed meme coins National-team meme coins on Solana Each layer responds to
The post US Seizes Nearly $1 Billion in Iranian Crypto Assets, Treasury Secretary Says appeared on BitcoinEthereumNews.com. The United States has seized roughly $1 billion in Iranian crypto assets, Treasury Secretary Scott Bessent said Friday, adding that some of the wallet owners may not yet know the funds are gone. “I believe that we have seized about a billion dollars of their crypto,” Bessent said while speaking at the Reagan National Economic Forum. “Just outright grabbed the wallets. Some of them may be typing in right now and not have realized that their wallet had been grabbed,” he added. Bessent said the seizures are part of the US financial pressure campaign against Iran, known as Operation Economic Fury. Launched in March 2025, the operation has targeted Iranian assets across multiple fronts, seizing cryptocurrency, freezing bank accounts and working with European allies to confiscate properties. Scott Bessent at the Reagan National Economic Forum. Source: YouTube “I think b
The post Crypto News: US Seized $1 Billion in Iranian Crypto, Owners May Not Know appeared on BitcoinEthereumNews.com. Key Insights Crypto news focused on a $1 billion Iranian asset seizure. Treasury expanded Operation Economic Fury against Tehran. U.S. officials said some wallet owners remain unaware. The latest crypto news emerged from Washington after U.S. Treasury Secretary Scott Bessent disclosed a large-scale seizure of Iranian cryptocurrency assets. Speaking on May 30 at the Reagan National Economic Forum, Bessent said authorities had taken control of roughly $1 billion linked to Iran. He added that some affected holders may still not realize their wallets were compromised. The disclosure marked a new stage in the financial campaign targeting Tehran. Crypto news has increasingly intersected with sanctions enforcement as governments expand efforts beyond traditional banking channels. Digital assets have become another battlefield in economic disputes because they allow value tran