Mon, January 20

Indian Court Rules Against Freezing Full Accounts in Crypto Cases

In a landmark ruling, the Madras High Court in Chennai has clarified that police and investigative agencies cannot freeze entire bank accounts while probing cyber crime cases. Instead, they are allowed to freeze only the specific amount involved in the alleged fraud. This decision comes as a critical intervention at

September 16, 2024 2 mins read

CFTC Warns Prediction Markets Are Vulnerable to Manipulation

The Commodity Futures Trading Commission (CFTC) has raised serious concerns about the potential for manipulation in prediction markets, particularly in light of recent Kalshi events. In a new filing with the U.S. Court of Appeals for the D.C. Circuit on September 14th, the CFTC argued that these markets, which allow

September 16, 2024 2 mins read

Circle and Sony Enable USDC on Soneium Blockchain for Creators

Circle, a global financial technology leader, has partnered with Sony Block Solutions Labs. This partnership aims to enhance innovation and creativity through decentralized technologies by utilizing Soneium, a public Ethereum Layer-2 blockchain ecosystem.  The collaboration will integrate the Bridged USDC Standard, positioning bridged USDC as one of the primary tokens

September 16, 2024 2 mins read

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
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