Wed, October 7

ZachXBT Accuses Circle of Profiting from Lazarus Group-Linked Transactions

Blockchain investigator ZachXBT has accused USDC issuer Circle of ‘profiting’ from transactions associated with the North Korean hacking outfit Lazarus, and the claims are serious. Web3 investigative star ZachXBT recently blasted Circle and CEO Jeremy Allaire on the social networking platform X. The inability to promptly ban wallets implicated in

September 14, 2024 2 mins read

Sam Bankman-Fried Seeks New Trial Accusing Judge of Unfair Treatment

Sam Bankman-Fried, the former CEO of FTX, has officially appealed his fraud conviction, seeking a new trial and alleging that the judge who oversaw his case was biased against him. In a detailed 102-page document submitted to the Second Circuit Court of Appeals on September 13, Bankman-Fried’s legal team argues

September 14, 2024 2 mins read

Brazilian Supreme Court Lifts Starlink and X Ban Post $3.31M Settlement

The prohibition on Starlink and X Brazil has been removed by Justice Alexandre de Moraes of the Brazilian Supreme Court. Public displays of animosity between de Moraes and X owner Elon Musk have been going on for a while now. In Brazil, the firm encountered a brief snag that experts

September 13, 2024 1 min read

Hashrate: An Underrated Asset That Smart Crypto Businesses Should Utilize

It’s easy to dismiss hashrate as a metric that’s of concern to miners and no one else. After all, unless you’re running an ASIC farm, why should you care how much exahash the Bitcoin network is producing per second? Actually, if you’re a crypto business that’s actively trading digital asset

September 13, 2024 4 mins read

Binance Research Report Highlights Rapid Growth of RWAs on Blockchain

Real-World Assets (RWAs) are becoming increasingly popular. An in-depth analysis of this trend can be found in the paper “RWAs: A Safe Haven for On-Chain Yields?” by Binance Research. RWAs are the digitization of real estate, bonds, currencies, and commodities—among other physical and intangible assets—on blockchain networks, facilitating more convenient trade

September 13, 2024 3 mins read

Robert Kiyosaki Says Neither Trump nor Harris Can Fix the US Debt Crisis

Robert Kiyosaki, the renowned American businessman and author of the bestselling book “Rich Dad Poor Dad”, has recently shared his thoughts on the current U.S. presidential election. Known for his support of Donald Trump, Kiyosaki took to X (formerly Twitter) on September 11 to express concerns about Kamala Harris, the

September 13, 2024 2 mins read

UK High Court Pioneers In Ruling Tether (USDT) as Property

The UK High Court has officially classified Tether (USDT) as a form of property under English law. This ruling, delivered on September 12, 2024, is the first of its kind in the UK to follow a full trial. The case involved a fraud victim who sought to recover stolen USDT

September 13, 2024 2 mins read

CFTC Wins Court Stay Prompting Kalshi to Halt US Election Betting

Commodity Futures Trading Commission (CFTC), has successfully secured an administrative stay in its ongoing legal dispute with Kalshi, a regulated exchange and prediction market based in New York. The conflict began when Kalshi filed a lawsuit against the CFTC at the end of 2023, challenging the regulator’s decision to block

September 13, 2024 2 mins read

Crypto Miners Foresee Potential Bull Run Despite Price Drop

The mining wallets of the largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) have been through a consistent decline in the asset holdings since the mid-2024. However, a slight recovery in prices indicates that miners might increase their collective assets. According to the analytics firm Santiment, this drop in supply is

September 13, 2024 2 mins read

Treasure DAO to Vote on Moving Web3 Games to ZKsync Network

Treasure DAO is set to vote on a proposal that could move its Web3 gaming ecosystem from Arbitrum to ZKsync. The vote, scheduled to begin on September 17, will determine if the DAO should approve this migration. The proposal suggests that ZKsync’s technology is better suited for Treasure’s long-term goals

September 13, 2024 2 mins read