U.S. DOJ freezes $701M in crypto tied to global scam networks
U.S. authorities have frozen more than $701 million in cryptocurrency tied to investment scams targeting Americans as part of an ongoing crackdown. Summary U.S. authorities...
Author : admin
Proposed House Bill Would Require Warrants for Government AI Surveillance
In brief Reps. Thomas Massie and Lauren Boebert introduced the Surveillance Accountability Act, which would requiring warrants for government access to third-party digital data. The...
Morgan Stanley launches stablecoin offering through money market fund
Stablecoin issuers must invest a minimum of $10 million into Morgan Stanley’s money market fund, MSNXX, to access the stablecoin reserve offering. Morgan Stanley’s investment...
Paradigm-backed Succinct launches ZCAM iPhone app to verify real media
Succinct Labs has launched ZCAM, an iPhone camera app built to verify photos and videos at the moment of capture. Summary Succinct Labs launched ZCAM...
Tether Freezes $344 Million in USDT Stablecoins Flagged for Illicit Activity
In brief Tether froze $344 million in USDT across two Tron blockchain addresses after U.S. authorities flagged them. The freeze was coordinated with the Office...
Crypto protocols pledge 43K ETH to restore rsETH backing
Mantle, EtherFi Foundation, Golem Foundation, Lido DAO, Ethena, LayerZero, Ink Foundation and Tyrdo have all made pledges to the “DeFi United” recovery effort. Decentralized finance...
FTX’s $200K Cursor sale turns into $3B missed fortune
The FTX bankruptcy estate sold a 5% stake in Cursor for $200,000 in April 2023. Summary FTX estate sold its 5% Cursor stake for $200K...
Sam Bankman-Fried Withdraws Motion for New Trial, Denies Ghostwriting Allegations
In brief FTX founder and former CEO Sam Bankman-Fried has withdrawn his request for a new trial after filing a so-called Rule 33 Motion in...
Bitcoin enters disbelief phase as USDC exchange reserves push above $7.5B
A negative Bitcoin funding rate and $7.5 billion in USDC reserves suggest traders may start positioning against the bearish trend. Will BTC price keep rising?...
Over 120 Crypto Companies Send Emergency Letter to the Senate Demanding Action on the CLARITY Act
More than 120 crypto organizations, led by the Crypto Council for Innovation and the Blockchain Association, sent a joint letter to the Senate Banking Committee...