DWF Labs partner stood down after drink-spiking allegations
A waitress at a Hong Kong bar allegedly spotted the DWF Labs partner drugging the victim’s drink while attending the bathroom — an accusation she claims is backed by CCTV footage.
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Tron network leads in stablecoin market share amid growing monthly transfer volume
Tron’s share of the stablecoin market continues to grow as the network’s adjusted transfer volume in USDT hit $384 billion in July.

Gary Gensler’s SEC is playing a game, but not the one you think
On Feb. 13, a federal judge put the Securities and Exchange Commission and the Commodity Futures Trading Commission cases against former FTX CEO Sam Bankman-Fried on hold. You’ll be forgiven if you missed this story — headlines and social media were dominated by the breaking news that the SEC was suing crypto firm Paxos for…

Solana hits record high with SOL price up over 218% in six weeks — What’s behind the rally?
Solana (SOL) prices printed another milestone of nearly $85 high on Aug. 27 as traders assessed a flurry of optimistic fundamentals, including Solana's potential foray into Wall Street.On Aug. 24, digital asset management firm Osprey Funds registered a first-of-its-kind Solana fund with the U.S. Securities and Exchange Commission (SEC). In doing so, the New York…

Visa to Change PoS Fees to Merchants to Adjust to New Business Categories
Payments behemoth Visa is reportedly planning to change merchant fees rates for United States-based merchants as part of a major update of its point-of-sale system.The development was revealed in a document Visa sent to banks announcing an upgrade of its system, which will be rolled out in April and October, Bloomberg reported on Feb. 4.…

‘What Are You Smoking?’ Winklevoss Pans Goldman Sachs Bitcoin Bashing
Tired claims that Bitcoin and cryptocurrencies are not an asset class say more about Goldman Sachs and the banking system itself, proponents argue. 2041 Total views 30 Total shares Bitcoin (BTC) supporters have widely panned Goldman Sachs after it emerged that the banking giant does not consider it as a real asset class.Materials from an…

IRS team reports rise in crypto tax investigations
According to the fiscal year 2023 report, the IRS unit investigated failures to disclose crypto holdings and report on capital gains for transactions. 308 Total views 3 Total shares The Criminal Investigation (CI) Unit of the United Internal Revenue Service (IRS) reported an increase in the number of investigations around digital asset reporting.In its annual

The Philippines halts virtual asset provider license applications
The Banko Sentral ng Pilipinas said that the closing of VASP applications begins on Sept. 1, 2022, and will last for three years. 69 Total views 6 Total shares While many believe that the Philippines can become a new crypto hub, that dream may be shattered in the meantime as the country’s central bank announced…

Zuck got PUNKed — new Metaverse-linked ETF shorts Meta shares in holdings
“Facebook seems to be the antithesis of what actual consumers want their digital futures to look like,” said Subversive Capital Advisor founder Michael Auerbach. 1104 Total views 9 Total shares An exchange-traded fund linked to companies involved with the Metaverse launched on the Cboe BZX Exchange — shorting shares of Facebook’s parent company, Meta.The Subversive…