The crypto market,
briefed in 60 seconds.

U.S. widens Iran crypto crackdown with sanctions on two exchanges — Treasury's OFAC targeted Shelbit and Aban Tether to cut Tehran's access to crypto and foreign currency.

Bybit sues North Korea and Lazarus Group over $1.5 billion hack, secures asset freeze — Bybit obtained a preliminary injunction freezing stolen assets from the hack.

OKX's Rafique doubts Clarity Act will pass, warns optimism is already priced into bitcoin — OKX executive says Democrats have little incentive to hand Republicans a crypto victory before the midterms.

Trump-Backed American Bitcoin director Justin Mateen buys nearly $2 million of ABTC stock — Mateen bought over 306,000 shares after quarterly earnings, raising his stake to over 492,000 shares.

Bitcoin holders risk losing real BTC if they sell coins from BIP-110 fork, says developer — Developer warns replay attacks could make selling fork coins on bitcoin risky, advising inaction until chains separate.

Trump Media Pulls Back From Crypto Deals: Report — Trump Media wants to focus on other business ventures, according to an Axios report.