Yagyesh Jaiswal

Binance Founder CZ Faces 3 Years Prison for AML Violations

Binance CEO Changpeng Zhao pled guilty to charges related to weak anti-money laundering controls and now faces a recommended 3-year prison sentence from US prosecutors.

Yagyesh Jaiswal

This landmark case could set legal precedents for greater cryptocurrency regulation by US authorities going forward.

Spot ETFs Continue Strong Inflows Following Halving

A look at how spot Bitcoin ETFs in the US saw continued net inflows in the days after Bitcoin's block reward halving, with FBTC gathering the largest addition of $34 million on April 23rd.

Yagyesh Jaiswal

While halving, fund inflows resumed in the following days led by strong additions to FBTC and ARK funds. Grayscale's GBTC also saw significant outflows.

Over 50% of Solana Memecoins Vaporized After Raising $25M

A new report reveals over half of top Solana memecoin projects that collected $25 million last month were deserted by their founders shortly after, with many tokens never launching.

Yagyesh Jaiswal

The sudden abandonment of multi-million dollar Solana memecoin ventures within a month of their creation highlights the risks involved with such speculative projects and pre-sales.

SEC Lawyers Quit Over DEBT Box Case Controversy

Two SEC lawyers have resigned following controversies surrounding their handling of the DEBT Box case, which involved inaccuracies and misleading statements in court proceedings.

Yagyesh Jaiswal

SEC lawyers Michael Welsh and Joseph Watkins resigned amid fallout from their controversial handling of the DEBT Box case, where inaccuracies in court led to significant legal repercussions for the agency.

RFK Plans to Put the Entire US Budget on the Blockchain

Independent Presidential candidate RFK Jr. aims to increase accountability of government expenditures by making all budget data accessible on the blockchain.

Yagyesh Jaiswal

As an Independent candidate, RFK Jr. envisions applying emerging technologies like blockchain to reinvent budget transparency and accountability. Realizing this ambitious goal faces hurdles but may be achieved through strategic cooperation and an open, verifiable system allowing civic involvement in financial scrutiny.

FTX Estate to Auction New Solana Stockpile

The estate of collapsed crypto exchange FTX is preparing to auction a large batch of locked Solana (SOL) tokens to maximize returns. Learn the key details and what it means for SOL price.

Yagyesh Jaiswal

As creditors seek to recover losses, this SOL auction provides an opportunity for investors to potentially profit from FTX's downfall while influencing the market value of Solana. With the right strategy, participants can make the most of this unique situation.

Over $60 Million USDT Circulates on Telegram's Blockchain

Tether has issued over $60 million worth of USDT stablecoins on The Open Network (TON) blockchain since collaborating with the project two weeks ago. This article explores the partnership and its implications.

Yagyesh Jaiswal

In under two weeks, Tether and TON have demonstrated the potential of integrating stablecoins into widely used platforms like Telegram. Their collaboration could pave the way for more partnerships between cryptocurrency projects and major networks.

$44.5M Stolen from Hedgey on Arbitrum & Binance Networks

Hedgey Finance has reported a significant security breach resulting in the loss of $44.5 million in digital assets across the Arbitrum and Binance networks, highlighting critical vulnerabilities in DeFi security.

Yagyesh Jaiswal

Hedgey Finance experienced a major crypto theft involving $44.5 million across Ethereum’s layer-2 network Arbitrum and Binance Smart Chain, triggered by an exploit of the platform’s function.

Binance Regulatory Saga in Nigeria Takes Another Twist

The ongoing legal battle between cryptocurrency exchange Binance and Nigerian authorities sees another delay as the tax evasion trial is rescheduled to mid-May.

Yagyesh Jaiswal

As regulatory pressure on Binance intensifies in Nigeria, the exchange faces yet another postponed court hearing over tax evasion allegations, highlighting the unresolved issues between the two parties.

Rush to Mint Tokens on Bitcoin as Runes Protocol Launches

This in-depth article explores how the launch of the Runes Protocol triggered a rush among users to be among the first to mint tokens on Bitcoin, pushing transaction fees higher after the 2024 Bitcoin halving block was mined.

Yagyesh Jaiswal

The launch of the Runes Protocol triggered a gold rush as users sought to take advantage of increased scarcity on the Bitcoin blockchain post-halving. While some early projects won coveted spots, long-term success staying power remains to be seen in this new frontier for tokenization on Bitcoin.