US sanctions exposed a $6.3 billion crypto pipeline linking Iran and Russia

On Aug. 7, US authorities sanctioned Shelbit and Aban Tether, two Iranian-linked crypto platforms accused of facilitating transactions tied to Iran’s Islamic Revolutionary Guard Corps and other state-linked entities. The Treasury Department also sanctioned Shelbit founder Siavash Kayvanpour and several companies connected to him in Georgia, Poland and the United Arab Emirates. It said IRGC-linked…

LBank Launches Crypto Resilience Initiative, Building on Its Security Collaboration with CertiK

[PRESS RELEASE – Singapore, Singapore, August 10th, 2026] LBank today announced the launch of the Crypto Resilience Initiative, an effort to support the security of its platform. As part of this initiative, LBank will continue to work with CertiK, the largest Web3 security services provider, through CertiK’s penetration testing services and LBank’s participation in CertiK’s…