US Justice Department seizes 9M USDT amid $225M illicit funds frozen by Tether
Officials reported the seizure was tied to an organization responsible for “pig butchering” romance scams. Go to Source
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Celsius entity to focus only on mining under proposed reorganization plan
The lending firm has been in bankruptcy court since its Chapter 11 filing in 2022, while the SEC filed a lawsuit against both the firm and former CEO Alex Mashinsky in July. Go to Source
Can blockchain supply the guardrails to keep AI on course?
Some believe that hybrid blockchains with both private and public aspects can solve AI’s black-box problem. Go to Source
ARK, 21Shares update spot Bitcoin ETF application as next SEC deadline looms
The latest update is the third amendment to the Bitcoin ETF prospectus by ARK and 21Shares after the firms first filed for a spot Bitcoin ETF in April 2023. Go to Source
Tether freezes $225M USDT linked to romance scammers amid DOJ investigation
The stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible for a “pig butchering” romance scam. Go to Source
Who is Mira Murati, OpenAI’s interim CEO?
OpenAI’s new interim CEO is considered a “product person” who supports regulatory oversight of artificial intelligence. Go to Source
Bitcoin fees skyrocket on ETF hype
The Bitcoin blockchain reached $11.6 million in fees paid on Nov. 16. The average transaction fee is up 746% from a year ago. Go to Source
Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined
Sushi is set to test Bitcoin swaps on 30 different blockchains using the interpretability protocol ZetaChain. Go to Source
Public needs to know blockchain use cases, AI needs regulation now — Andrew Yang
The former presidential candidate spoke at NABS about opportunities the United States may be missing to blockchain and AI for public good. Go to Source
US House Financial Services subcommittee looks for answers on crypto and crime
Reports on crypto funding terrorism and blockchain forensics were confusing, but everyone agreed on the need for collaboration and regulation. Go to Source