
US Claims $1B Iran Crypto Seizure, Eyes Bitcoin Reserve
Treasury Secretary Bessent says the US grabbed roughly $1B of Iranian crypto. Only $344M is documented, and the path into the Bitcoin reserve is far from clear.
Listen to narrated articles from the SpendNode Journal. The feed covers crypto policy, payment rails, stablecoins, market structure, and crypto cards, with each episode linking back to the full written analysis. The full RSS feed lives at /audio.xml if you want to pull it into an app that accepts external feeds.


Treasury Secretary Bessent says the US grabbed roughly $1B of Iranian crypto. Only $344M is documented, and the path into the Bitcoin reserve is far from clear.

Coinbase is offering new One Card users $50 in Bitcoin for spending $100 in the first 30 days, on top of up to 4% back in BTC. Here is who qualifies.

Cointelegraph flags that ETH has never closed three straight red quarters. With ether at $2,024 on May 31, Q2 2026 is the test. Here's the setup.

Gravity Bridge lost about $5.4M on May 30 in a suspected signing-key compromise. Stolen USDC, ETH, and USDT moved through Binance and ChangeNow.

Vietnam's Finance Ministry has proposed allowing SMEs to pledge digital and virtual assets as loan collateral, a step toward formalizing crypto in credit markets.

An ETF mirroring Republican lawmaker disclosures shows IBIT at 4% of holdings and Intel at 7.72%, tracking the same assets President Trump has promoted.

An attacker drained $7.3M in BNB from more than 1,400 DxSale liquidity lockers dating to 2021, using a privileged fee reset and a backdated lock expiry.

The PBOC is pushing e-CNY into fiscal spending, lottery draws and Belt and Road payments, the opposite of the US anti-CBDC, pro-stablecoin path.

On-chain investigator ZachXBT reports $12.6M of Zama cUSDC frozen after a Circle blacklisting, extending the USDC freeze debate to confidential wrapped tokens.

Over $1.5B in long positions have been liquidated since May 25, Cointelegraph reports, even as BTC holds near $73,400 and spot prices stay flat. The damage is leverage, not selling.