BlockSec data shows Tether froze over $500 million in USDT across 370 Ethereum and Tron addresses in 30 days, adding to $1.26 billion frozen in 2025 linked to illicit activity. Tether has frozen more than $514 million in USDT across Ethereum and Tron over the past 30 days, according to onchain data from BlockSec’s USDT Freeze Tracker, highlighting the stablecoin issuer’s growing role in crypto-related enforcement actions. As of Friday, the tool shows 370 addresses blacklisted in that period, including 328 on Tron and 42 on Ethereum, with about $505.9 million frozen on Tron and $8.73 million on Ethereum. The figures indicate that most recent enforcement activity is concentrated on Tron and highlight how often the world’s largest stablecoin issuer is intervening onchain to immobilize funds flagged as high-risk or linked to investigations. Read more
Bitcoin ETFs snap a five-day $1.7 billion inflow streak with $277.5 million of outflows as Bitcoin falls below $80,000 amid sharp intraday volatility. US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) snapped a five-day inflow streak totaling nearly $1.7 billion as Bitcoin dipped below $80,000. Bitcoin funds logged $277.5 million in outflows on Thursday, marking the first daily outflows in May, according to SoSoValue data. Read more
The poll found 52% of registered voters support the CLARITY Act, with 47% willing to cross party lines for a candidate who backs the bill. Nearly half of US voters are willing to cross party lines to get clear crypto regulation off the ground, while public support for the CLARITY Act could bring an electoral benefit for politicians, according to a new survey from HarrisX. The poll included responses from 2,008 registered voters from May 1-4. It found that 52% of respondents support the CLARITY Act, with just 11% opposed. About half, or 47%, said they would consider voting for a candidate outside their preferred party if that candidate backed the bill and their own party did not. Among crypto users, that number jumped to 72%. Read more
Swyftx’s Pav Hundal says Zcash is surging amid concerns about artificial intelligence, quantum computing and financial surveillance. Privacy-focused cryptocurrency Zcash (ZEC) has spiked by more than 70% over the past week as crypto traders have been paying closer attention to privacy-focused projects. Zcash traded at about $346 on Friday, May 1, before hitting a seven-day peak of $593.86 on Wednesday. It has since settled at around $570 as of Friday, according to CoinGecko. Pav Hundal, lead market analyst at crypto exchange Swyftx, told Cointelegraph that traders have begun paying closer attention to privacy projects “amid broader concerns about the impact of AI, quantum computing and financial surveillance on crypto.” Read more
The Justice Department said two men were sentenced for hosting laptops used by North Korean IT workers, bringing the total to eight sentences in five months. US prosecutors said they have secured eight sentences in the last five months against people acting as US-based proxies for North Korea-based IT workers, shedding new light on how they have been able to infiltrate US companies. Two men have been sentenced this month alone. The Justice Department said Wednesday that separate courts sentenced Nashville resident Matthew Issac Knoot and New York resident Erick Ntekereze Prince for helping North Koreans work remotely for US companies. The US perpetrators, known as “laptop farmers,” acted as recipients for laptops that US companies would send to new employees. They installed remote desktop software on the devices, allowing North Korean IT workers to use them remotely while appearing to work from the US. Read more