Business
The TUSD stablecoin dropped to a low of $0.995 on Monday after news that the Tron blockchain was used to facilitate significant terror financing.
Bitcoin
Regulation
In a filing last week, federal prosecutors said that Zhao was a “flight risk.” Defense attorneys countered in their own filing that Zhao would abide by the terms of his bond agreement.
Tech
Following the approval of an inflation reduction proposal, Cosmos Hub’s founder Jae Kwon suggests forking the network to create AtomOne, stirring discussions and expectations among ATOM stakeholders.
Circle and SBI Holdings have established a banking partnership that would boost the circulation of USDC in Japan.
The crypto scam vendor Inferno Drainer plans to shut down after helping scammers drain more than $70 million worth of crypto from over 103,000 victims.
“I would be lying if I said that I didn’t consider him a friend,” Fong said, “and hopefully, people don’t get too mad at that statement, but I’m sure some people will.”
Once a crypto magnate, Bankman-Fried now navigates the economics of prison life as he awaits sentencing, according to a Wall Street Journal report.
On-chain analysts found that Coinbase’s reserves increasing around 12,000 BTC over the same period that Binance’s reserved decreased by 5,000 BTC.
DeFi
Recently launched Ethereum Layer 2 Blast experienced massive TVL growth and could potentially overtake other projects like Base and zkSync.
