Plus Token’s $1.3B ETH could be sold, ‘Crypto King’ arrested: Asia Express

All existing BUSD tokens will remain fully backed and redeemable through Paxos Trust Company by at least February 2024, Paxos said. 260 Total views 2 Total shares Own this piece of history Collect this article as an NFTBlockchain infrastructure platform Paxos will halt issuance of new BUSD (BUSD) stablecoins amid the ongoing probe by the…

The agency’s $365 million proposed FY2023 budget includes significant allocation for CPAs and whistleblowers. 173 Total views 4 Total shares The U.S. Commodity Futures Trading Commission, or CFTC, has released its Fiscal Year 2023 (FY2023) budget request, seeking $365 million. This marks a 9.9% increase over the previous year and 20% over FY2021. The commission…

Court documents that describe the insolvency of failed crypto hedge fund Three Arrows Capital, also known as 3AC, may be overestimating the value of the firm’s remaining assets — specifically, its exposure to crypto options exchange Deribit. In a 1,100-page affidavit composed by liquidator Russell Crumpler and filed in a British Virgin Islands court, 3AC was described…

Documents reveal the Pentagon created a war game in which players were rewarded in Bitcoin for taking down financial institutions. 1904 Total views 46 Total shares In the midst of ongoing protests across the United States, some turned violent by police brutality, one publication has uncovered information on a Pentagon war game created in 2018…

Prosecutors and defense lawyers agreed to a bail modification having the former Celsius CEO under electronic monitoring and largely restricted from moving funds over $10,000. 301 Total views 13 Total shares A federal judge has approved a joint request from lawyers for Alex Mashinsky and the United States Department of Justice modifying the former Celsius…

U.K.-based multinational professional services network PricewaterhouseCoopers (PwC) will bolster its employees’ blockchain knowledge through a dedicated program next year, Digiday reported Thursday, August 30.Part of a coordinated push to enhance digital awareness, the company will put 1000 staff through its Digital Accelerators program, which will run for two years from January.Participants will forego a portion…

Once again, the question of whether digital assets constitute securities is under question. 77 Total views 13 Total shares A Connecticut Jury has found that digital assets linked to cryptocurrencies are not securities in what a defense lawyer called a world-first verdict. GAW Miners investor Stuart Fraser was cleared of liability in a fraudulent operation co-opted…

In a recent presentation at the 3rd ZKProof Workshop, the Calibra research team presented Distributed Auditing Proofs of Liabilities, or DAPOL, protocol designed to make improvements to the existing distributed audit procedures.The team led by Konstantinos Chalkias, contends that their protocol builds upon and improves existing methods by introducing additional optimization and enhanced privacy. It…