Market
Legal
Forgery, plagiarism, and ninja costumes: The bizarre battle over Bitcoin’s origins
In the first two weeks of the trial, Craig Wright has contradicted his testimony from previous trials and called expert witnesses incompetent.
Exchanges
US prosecutors ask judge to approve Binance plea deal
The prosecutors are justifying the historic $4.3 billion penalty saying Binance willfully violated the laws, led by senior executives.
Gaming
Here’s why 31% of blockchains games were shuttered in 2023
A total of 407 blockchain games — 248 in the first half of 2023 and 168 in the second half — were abandoned.
Hacks
Over 4k Solana users lost more than $4 million to phishing attacks last month
One of the prominent attackers of last month has already made a profit of over $1 million by converting stolen USDC to ETH using AllBridge.
Exchanges
Indians are turning to local exchanges amid clampdown on foreign platforms
India has now banned foreign exchanges from operating in the country by blocking access to their websites and new application downloads.
Crime
U.S. drops plan to prosecute convicted SBF for over $100M in unlawful campaign donations
Prosecutors argue a second trial would involve similar evidence as the first trial, and a speedy resolution is in the public's best interest.
Bankruptcy
FTX creditors stand to collectively lose millions under new reorganization plan
FTX's amended reorganization plan proposes to value the assets of creditors according to crypto prices on Nov. 11, 2022.
Regulation
Tether has frozen $435M USDT for U.S. DOJ, FBI, and Secret Service
Tether CEO said the world's largest stablecoin issuer wants to become a "world class partner" to the U.S. to "expand dollar hegemony."
Legal
The SEC is using now-unsealed court records to bolster its Binance lawsuit
The SEC wants the court to weigh CZ and Binance's admissions in its plea agreements, which support its allegations.
AI
EU set to adopt world’s first AI legislation that will ban facial recognition in public places
The EU's new AI Act sets global standards for AI regulation with a risk-based approach that balances innovation and safety.
Staking
Cosmos hub votes to bring down ATOM’s inflation from 14% to cap at 10%
The proposal, which will reduce staking APR from 19% to 13.4%, was put forth after research indicated Cosmos was overpaying for security.
Legal
U.S. prosecutors argue CZ may face up to 10 years and should be detained in the U.S.
The prosecutors argued that their decision to allow CZ to remain free until his sentencing does not mean that he poses no flight risk.