Blockchain investigator ZachXBT revealed this development in an X post on September 14. Lazarus Group Hit by $5 Million in Stablecoin Freeze ZachXBT reported that stablecoin issuers Tether, Circle, Paxos, and Techteryx blacklisted two addresses containing $4.96 million in assets. However, these wallets still hold $720,000 in DAI and $313,000…
Additionally, a notable debate among presidential candidates on crypto policies and updates from the gaming platform Snek.fun offer a broader perspective on the current market climate. Binance Launchpool Welcomes HMSTR and CATI Binance’s Launchpool platform welcomed Hamster Kombat (HMSTR) and Catizen (CATI), marking significant additions that offer users new staking…
The U.S. government is quietly pressuring Nigeria to release Tigran Gambaryan, a Binance executive detained in the country since February. Gambaryan has reportedly faced serious health issues while in custody, prompting calls for his release on humanitarian grounds. Humanitarian Concerns According to a New York Times report, two anonymous senior…
In a continued effort to secure the release of Binance executive Tigran Gambaryan, a former U.S. law enforcement officer, the United States government has once again urged Nigerian authorities to free the imprisoned cryptocurrency executive, according to a report. Gambaryan, who has been detained in Nigeria since February 2024, faces…
Deaton recently secured the Republican nomination, positioning him to challenge Warren for the Massachusetts Senate seat in the upcoming US elections. Winklevoss’s post responded to an email from Elizabeth Warren’s campaign, which accused conservative, crypto-backed groups of orchestrating multi-million-dollar ad campaigns against her. Warren specifically targeted Tyler and his brother…
Meanwhile, FTX founder Sam Bankman-Fried (SBF) is serving his 25-year prison term following a court determination in March 2024. This sentence placed him at the high end for sentence length in prominent white-collar fraud cases, begging the question — what is Caroline Ellison’s fate? Based on the sentencing memorandum submitted on Tuesday,…
In a decisive move, the Internal Revenue Service and Federal Police of Brazil seized around $1.6 billion worth of crypto and fiat. Both organizations launched an operation called Niflheim to dismantle a large scheme involving money laundering, tax evasion and cryptocurrency fraud. This joint operation targeted multiple cities of Brazil…
In a recent exclusive interview with BeInCrypto, Ross Edwards, Senior Director for Solutions and Delivery at Ripple, offers insights into why the XRPL is uniquely positioned to bridge traditional finance with DeFi. Instant Settlement, Stability, and Lower Risk: Why XRPL is Suitable for Financial Institutions When discussing the XRPL’s role…
Ripple Labs’ Chief Legal Officer, Stuart Alderoty, has slammed U.S. regulators for unfairly targeting the cryptocurrency industry in money laundering investigations while allowing traditional banks to slip under the radar. In a recent X post, Alderoty pointed to the New York Federal Reserve’s reported role in enabling large-scale illicit transfers,…
The Central and Southern Asia and Oceania (CSAO) region accounted for $750 billion in crypto inflows between July 2023 and June 2024, making it one of the largest crypto markets globally. According to Chainalysis’ 2024 Geography of Cryptocurrency report, the region represents 16.6% of global crypto value received, ranking behind…