money

BlackRock's revenue in the second quarter increased by 31% year-on-year to $7.1 billion, and adjusted operating income rose by 39% year-on-year to $2.9 billion, with AUM reaching $15.3 trillion and net inflows of $868 billion over the past 12 months.BlackRock has submitted two registration statements for tokenized money market funds to the U.S. Securities and Exchange Commission (SEC), one of which aims to create a tokenized share class for existing funds on Ethereum, while the other is for a digital-native strategy. The AUM of BlackRock's iShares ETF platform exceeds $6 trillion, with net inflows of $178 billion in the second quarter. Its AUM related to digital assets is approximately $110 billion, with iShares Bitcoin Trust, Ethereum Trust, and BUIDL remaining the largest products in their respective categories. BlackRock also manages a $60 billion reserve for stablecoin issuer Circle. The company has raised its stock buyback plan for 2026 to $2 billion, having repurchased $450 million in stock in the second quarter.

A fraud review commissioned by the UK government suggests that the Judicial College should provide training for all judges and magistrates in England and Wales to address the increasing cases involving AI fraud and the use of cryptocurrency for money laundering. The report states that the overall Fraud Act 2006 can be used to handle AI fraud, but the issue lies in the courts' lack of preparedness to hear related cases.The report recommends evaluating whether the existing "long and complex trials" course should be updated or replaced with specialized modules on fraud and related crimes, and considers mandatory training for judges who may hear complex fraud cases. The report claims that fraud could soon account for half of all crime in England and Wales, with an estimated 4.1 million cases occurring within a year by June 2025, affecting 1 in every 14 adults and 1 in every 4 businesses. The Financial Ombudsman Service estimates that currently over half of investment scams involve crypto assets.The report also mentions the case of Qian Zhimin, who operated a Ponzi scheme in China, defrauding over 128,000 victims of approximately £5 billion and laundering the proceeds into Bitcoin. This case resulted in the largest confirmed Bitcoin seizure in UK history, exceeding 61,000 BTC, and Qian Zhimin was sentenced to 11 years and 8 months in prison at Southwark Crown Court in November.

According to GMGN data, the top 5 tokens with net inflow of smart money in the past 24 hours are as follows:WORLDCUP (33eu....ump): Net inflow of $3,000, with a 24-hour increase of -17.6%, currently priced at $0.0013.rollie (GFmy....ump): Net inflow of $2,000, with a 24-hour increase of 1669.9%, currently priced at $0.0001.csdncijsnd (HHm9....ump): Net inflow of $1,000, with a 24-hour increase of 1093.1%, currently priced at $0.0001.freg (7rfQ....ump): Net inflow of $935, with a 24-hour increase of 671.1%, currently priced at $0.0001.COMPUTE (Hvf6....ump): Net inflow of $745, with a 24-hour increase of 1025.9%, currently priced at $0.0001.

According to on-chain analyst Ai Yi (@ai_9684xtpa), affected by the continuous decline of the Korean stock market, the Binance contract smart money address "Yu Yu m" has incurred an unrealized loss of $2.091 million on long positions related to SK Hynix, topping the loss list for the past three days.The specific holdings are as follows: • $SKHX: Holding 7,462.68 shares (approximately $11.03 million), opening price $1,477.89, current unrealized loss $1.954 million • $SKHY: Holding 25,733.63 shares (approximately $4.045 million), opening price $157.22, current unrealized loss $137,000.Currently, the margin for this address is relatively sufficient, with the liquidation prices for $SKHX and $SKHY dropping to $756 and $27.59 respectively, with no risk of liquidation at this time.

According to a report by the Procuratorial Daily, researchers from the People's Procuratorate of Yuhu District, Xiangtan City, Hunan Province, and the Law School of Xiangtan University have jointly written an article proposing a systematic response plan to the regulatory dilemmas of money laundering crimes using virtual currency. The article points out that current judicial practice faces three major dilemmas: first, Article 191 of the Criminal Law limits money laundering crimes to seven types of upstream crimes, resulting in many cases being treated as "concealment crimes"; second, methods such as mixers, privacy coins, and cross-chain transfers lead to fragmented evidence chains, making traditional investigative methods difficult to penetrate; third, conflicts in the legal attributes of virtual currency, a vacuum in procedural rules, and barriers to cross-border cooperation make it difficult to recover assets.In response, the article suggests promoting "dual investigations for one case," establishing the principle of self-authentication of blockchain data, constructing a tiered standard of proof, and establishing a national-level custody and disposal platform for involved virtual currencies, while actively promoting the signing of special agreements for international criminal justice assistance in virtual currency crimes.

According to Hürriyet Daily News, Turkish prosecutors have filed charges against a massive money laundering network involving the "Grand Bazaar," with the amount in question nearing 40 billion Turkish lira (approximately 850 million USD). The indictment lists 504 suspects who are accused of using shell companies, bank accounts, currency exchange offices, POS terminals, and cryptocurrency transactions to conceal illegal proceeds. The suspects are also accused of converting the illicit funds into cryptocurrency and transferring them abroad, as well as luring victims into fraudulent investment schemes with promises of high returns. Prosecutors are seeking a maximum sentence of 34.5 years in prison for the alleged mastermind Türker Ak and a maximum of 31 years for the alleged network manager Murat Dönmezoğlu.

According to on-chain analyst @ai_9684xtpa, smart money (0x69b...378) that made a profit of 5.05 million dollars by buying low and selling high on ETH for two months has made another profit of 1.515 million dollars.This address had built a position of 6,109 ETH at an average price of 1,575.74 dollars between June 6 and June 7, and recharged Binance with 1,823 dollars 6 hours ago, subsequently receiving an equivalent amount in USDT.

According to IBTIMES, Brazilian police announced the launch of "Operation Veil of Maya," executing 9 search and seizure warrants simultaneously in São Paulo, Ribeirão Preto, Porto Alegre, and Canoas to combat a money laundering network involving 87 shell companies. The operation's name is derived from the philosophical concept of "Maya," which refers to the illusion that hides reality.Investigations show that cryptocurrency primarily plays a role in cross-border fund transfers within this money laundering network, where criminals receive illegal income through shell companies, convert the funds into crypto assets, and then transfer them abroad. Those involved may face charges of money laundering, tax evasion, participation in organized crime, and other related accusations, but the police have not yet disclosed the scale of the funds involved or the quantity of seized assets.

According to Jinshi reports, the New York Fed's open market account manager Perli stated that the money market conditions are expected to tighten due to an increase in Treasury bill issuance.

According to The Block, a global anti-fraud operation led by INTERPOL has arrested over 5,800 suspects and successfully uncovered a cryptocurrency money laundering network that used cross-chain token exchange methods to conceal illegal fund flows.One suspect's digital wallet processed over $122.5 million in funds in just 10 months. On-chain analysts pointed out that while cross-chain operations increase tracking difficulty, it does not mean that fund flows cannot be traced. Such cases indicate that financial crimes continue to evolve alongside the advancement of blockchain technology.

According to GMGN data, the top 5 tokens with net inflow of smart money in the past 24 hours are as follows:ANSEM (9cRC....ump): Net inflow of $30,000, with a 24-hour change of -29.4%, currently priced at $0.279.Jotchua (BcHE....ump): Net inflow of $8,000, with a 24-hour change of -26.2%, currently priced at $0.004.TROLL (5UUH....gH2): Net inflow of $5,000, with a 24-hour change of -15.2%, currently priced at $0.0495.Cupsey (6Nwa....ump): Net inflow of $5,000, with a 24-hour change of 1096.4%, currently priced at $0.0069.DADDY (4Cnk....ump): Net inflow of $3,000, with a 24-hour change of -8.9%, currently priced at $0.0156.

According to the latest official announcement from the Chrome Web Store, the platform will officially implement the updated Developer Program Policy starting August 1, 2026. This update clearly delineates boundaries for regulated goods and services, listing "prediction markets" as a prohibited product category, strictly prohibiting any extensions from offering, facilitating, or supporting real-money trading based on prediction results.In addition, the new regulations further tighten data privacy and AI safety standards. The policy requires that user data collected by extensions must be strictly and exclusively used for the single purpose disclosed; if there is a change in data processing methods, users must be proactively notified. At the same time, extensions designed to circumvent AI-driven service safety protections, usage restrictions, and other protective mechanisms are explicitly prohibited. After August 1, if any extensions are found to be non-compliant with the above policies, the Chrome Web Store will take enforcement actions.

According to CoinDesk, the Florida prosecutors have revealed that Christopher Alexander Delgado, the former CEO of Goliath Ventures, has pleaded guilty to a cryptocurrency investment scam involving approximately $400 million, with charges including conspiracy to commit wire fraud, wire fraud, and money laundering.Prosecutors stated that the platform promised investors low-risk or guaranteed returns of 3% to 8% per month under the guise of cryptocurrency liquidity pool profits from January 2023 to January 2026, while in reality, it misappropriated funds to pay early investors, process withdrawals, and for personal luxury expenses.In the plea agreement, Delgado admitted to causing at least $250 million in investor losses and agreed to forfeit multiple properties, vehicles, luxury watches, jewelry, and certain bank and cryptocurrency accounts. His sentencing hearing is scheduled for October 8.

According to on-chain analyst @ai_9684xtpa, the smart money that previously profited $4.15 million from going long on SK Hynix, Micron, and Intel has turned bearish for the first time.Around 17:30 today, they opened a package of short positions on Micron (MU), SK Hynix (SKHX), SanDisk (SNDK), Intel (INTC), and BTC, with a total position exceeding $34.9 million. The U.S. stock market opened with a sharp decline, and within just four hours of opening the positions, they had already realized a profit of $1.742 million.

According to GMGN data, the top 5 tokens with net inflow of smart money in the past 24 hours are as follows:Horseradish (GAef....ump): Net inflow of $4,000, with a 24-hour increase of 19141.3%, currently priced at $0.0005.Frigoberto (6QN2....ump): Net inflow of $2,000, with a 24-hour decrease of -3.2%, currently priced at $0.0001.KALEO (684r....ump): Net inflow of $1,000, with a 24-hour increase of 498.1%, currently priced at $0.0001.TROLL (5UUH....gH2): Net inflow of $1,000, with a 24-hour increase of 9.9%, currently priced at $0.0562.Goblin (3KHM....ump): Net inflow of $920, with a 24-hour decrease of -53.1%, currently priced at $0.0009.

According to CoinDesk, MetaMask has announced the launch of a new self-custody account called "Money Account," which integrates stablecoin earnings, payment consumption, and trading functions into a single wallet system, further promoting its transformation into a comprehensive financial platform.This product is released by Consensys and built on the Monad blockchain, with the core asset being the USD-pegged stablecoin mUSD. Users can earn up to approximately 4% floating annual yield while holding assets, with funds automatically allocated to decentralized lending protocols such as Morpho, and Aave will be integrated later.Unlike traditional DeFi products, this account does not require manual transfers of funds between protocols; earnings automatically take effect after deposit and can be directly used for token exchanges, perpetual contracts, and prediction market trading functions.

According to GMGN data, the top 5 tokens with net inflow of KOL in the past 24 hours are as follows:𝕏Money (DhEr....ump): Net inflow of $7,000, with a 24-hour increase of 4487.6%, currently priced at $0.0003.ZERO (Emcx....ump): Net inflow of $3,000, with a 24-hour decrease of -31.8%, currently priced at $0.0022.piss (DXXc....kbu): Net inflow of $836, with a 24-hour increase of 1354.2%, currently priced at $0.0001.のん (J8pJ....ump): Net inflow of $480, with a 24-hour increase of 799.4%, currently priced at $0.0001.infinity (91Nz....ump): Net inflow of $409, with a 24-hour increase of 68.9%, currently priced at $0.0001.

According to the New Straits Times, Thailand has issued an arrest warrant for Chinese businessman Wang Yicheng, accusing him of being involved in a transnational network that uses illegal cryptocurrency mining to launder money from fraud and online gambling. The Thai Special Investigation Bureau stated that Wang Yicheng was charged with theft and violating the Computer Crimes Act in November 2025, and is currently suspected of having fled the country. Thai authorities are cooperating with international law enforcement agencies to track his whereabouts.

According to Xinhua News Agency, the Supreme People's Procuratorate held a press conference today. Deputy Chief Procurator Miao Shengming introduced that the procuratorial organs are deeply investigating and thoroughly examining "self-money laundering" and "third-party money laundering" crimes, vigorously promoting the recovery of drug-related assets, and ensuring comprehensive coverage in the investigation and prosecution of drug-related money laundering crimes. From January last year to May this year, more than 1,200 people have been prosecuted for drug-related money laundering crimes. The Supreme People's Procuratorate has taken over the supervision of a major cross-border smuggling, trafficking, transporting drugs, and money laundering case involving Li Moubo and others, handled by the Chongqing procuratorial organs. Li Moubo laundered more than 48 million yuan through virtual currency and was sentenced to death after being punished for multiple crimes according to the law.

Cryptocurrency payment company Alchemy Pay announced that it has obtained a Money Transmitter License in the state of Illinois, USA. As a key state with Chicago, a global financial center, Illinois is regarded as an important market for the development of fintech and digital assets in the United States. With this approval, the number of state-level remittance licenses held by Alchemy Pay in the U.S. has increased to 18, further strengthening its compliance operational capabilities in the core U.S. market and supporting the development of its stablecoin payment public chain, Alchemy Chain.