Solana memecoin protocol teases new ‘short squeeze’ platform
A memecoin shorting protocol called Dumpy.fun says it will release a new “squeezy” tool allowing traders to take the other side of the short trade. Go to Source
Month: August 2024
Hong Kong Lawmaker Calls for DAO Regulation to Boost Web3 Investments
Hong Kong lawmaker Johnny Ng Kit-chong has called for a legal framework to regulate decentralized autonomous organizations (DAOs) to boost Hong Kong’s Web3 investment landscape. Ng said a recent High Court ruling underscores the rule of law in Web3 operations and sets a significant legal precedent. The Mantra Chain Case A Hong Kong lawmaker, Johnny … Read more
Woman Sentenced to Prison for Bitcoin-Funded Dark Web Murder Plot
A Utah woman, Krista Renae Stone, 23, was sentenced to 78 months in federal prison for attempting to orchestrate a murder-for-hire using the dark web, the U.S. Department of Justice (DOJ) announced on Monday. Stone targeted her ex-boyfriend’s new girlfriend, arranging to pay $5,000 in bitcoin to a website offering hitman services between March and … Read more
Mt. Gox shifts out $700M in Bitcoin, first major move in 3 weeks
It’s the most significant Bitcoin move since July 30, though Galaxy’s head of research doesn’t think it’s for distribution. Go to Source
Montenegro arrests executive suspected of $21M crypto fraud
Montenegrin police arrested FutureNet co-founder Roman Ziemian, alleging he was living under a false identity in the country’s capital city. Go to Source
State Street Partners With Taurus to Boost Digital Asset Services
Global financial services provider State Street has announced a strategic partnership with digital asset infrastructure provider Taurus to enhance its digital asset services. This collaboration aims to offer a comprehensive digital platform, including tokenization and digital custody, expanding State Street’s existing capabilities in fund administration. State Street Partners With Taurus to Expand Digital Asset Services … Read more
Notorious ‘jaredfromsubway’ MEV bot returns with new attacks
The “jaredfromsubway.eth” MEV bot appears to have relaunched with a better arsenal for carrying out attacks. Go to Source
2 key Bitcoin metrics signal steady bull cycle — ‘No bubble’ in sight
The metrics suggest that Bitcoin is unlikely to be overvalued at current levels and its price action is developing “steadily without significant anomalies or sharp jumps.” Go to Source
CZ and Binance face new lawsuit for alleged laundering of stolen crypto
One legal expert says if the class action lawsuit progresses, it could put the “efficacy of blockchain analytics itself” on trial. Go to Source
7 Arrested in Illegal Bitcoin Mining Crackdown in Malaysia
Seven individuals were arrested in Malaysia during a special operation targeting illegal bitcoin mining in Bandar Baru Salak Tinggi and Taman Putra Perdana. The operation, which involved coordinated efforts by law enforcement, focused on detecting and stopping bitcoin mining activities linked to electricity theft. The suspects, aged between 30 and 74, included three local men … Read more