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ink

INK is a blockchain-based digital rights management platform designed to address trust and efficiency issues in traditional copyright protection through decentralized technology. INK utilizes smart contracts and distributed ledger technology to achieve transparency and automation in copyright registration, authorization, and transactions. Its core functions include copyright confirmation, authorization management, and revenue distribution, helping creators better protect and manage their digital assets. The INK ecosystem supports various forms of digital content and is committed to building an open and transparent copyright economic environment.
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first_img The U.S. FinCEN links $12.7 billion in suspicious activities to Southeast Asian cryptocurrency investment scams

The Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury released an analysis and alert on Thursday, linking approximately $12.7 billion in suspicious financial activities to cryptocurrency investment scams operated by Southeast Asian parks. About 1,300 institutions submitted 33,904 suspicious activity reports covering the period from September 2023 to December 2025. Cryptocurrency-focused money service businesses submitted 55% of the reports, involving $5.5 billion; banks submitted 41%, involving $6.4 billion; and securities firms accounted for the remaining $784.5 million.The number of reports has been growing at an average monthly rate of 10.9%, with the amount involved increasing by 18%. Scammers used at least 22 types of digital assets, with Ethereum, USDT, and USDC being the most common. On-chain analysis shows that regardless of the asset victims initially purchased, the funds are almost always converted into stablecoins, with nearly all converted to USDT, and then transferred through DeFi protocols or exchanges outside the U.S. Scammers also reused collection addresses across multiple victims, which is one way some institutions identified this pattern.The report indicates that about 25% involved elderly individuals, which is comparable to the 24.4% of the population that is over 60 years old, leading FinCEN to conclude that the elderly are not disproportionately targeted. The FBI estimates that in 2024, the U.S. population over 60 lost $4.8 billion to scams. These parks are primarily located in Cambodia, Laos, and Myanmar, and U.S. authorities have seized over $25 million related to the associated scams this year.

first_img Wyoming stablecoin adopts Chainlink reserve proof, FRNT circulation is less than one million coins

On September 2, the Wyoming Stable Token Committee announced the adoption of Chainlink Proof of Reserve as the exclusive on-chain reserve verification layer for the Frontier Stable Token (FRNT), with reserves and supply balances audited by The Network Firm published to on-chain readable feeds. The current scale available for verification is not large: according to CoinGecko data, the total supply of FRNT is 967,900 tokens, with a unit price of approximately $0.99884, which only accounts for about 0.2% of the base scenario estimate (508.7 million tokens) submitted by the committee to the state legislature's budget meeting materials; the 24-hour trading volume is $160, all occurring on Kraken.The announcement separates the two products, with only Proof of Reserve currently online. The Proof of Reserve Secure Mint component, which programmatically prevents minting when reserves cannot cover total supply, is said by the committee to still be in the "adoption process." The committee previously published daily proofs on its official website, and this adjustment changes the method of data delivery rather than the update frequency. Committee Executive Director Anthony Apollo stated that adopting Chainlink's reserve proof provides transparent and verifiable confirmation that FRNT is fully backed by high-quality reserve assets; Chainlink Labs Chief Business Officer Johann Eid remarked that this demonstrates that governments can utilize the Chainlink platform to put trustworthy, fully verifiable on-chain financial infrastructure into production.
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