Analysis Archive – Page 41

Sam Bankman-Fried Petitions Supreme Court to Overturn Fraud Conviction
Sam Bankman-Fried has asked the US Supreme Court to overturn his 2023 fraud conviction and 25-year prison sentence, escalating crypto's biggest criminal case.

Armstrong Says CLARITY Act Is 'Ready to Get a Yes Vote' in Senate
Coinbase CEO Brian Armstrong told CNBC the CLARITY Act has the Senate votes to pass, shifting the market-structure bill from a September 15 test to passage momentum.

Liquid Network Restarts Blocks After $320M Drain and Patch
Liquid Network resumed block production on Sept 10 after a $320M exploit, deploying Elements v23.3.4. Transactions and peg operations stay suspended for now.

Illinois Crypto Industry Sues to Block State Digital Asset Tax
Crypto industry groups asked an Illinois court to block a new state digital asset tax signed by Gov. JB Pritzker, setting up a test of state-level crypto levies.

US Treasury Triples Bond Buybacks as Yields Hit Pre-2008 Highs
The US Treasury will buy back up to $6B in longer-term debt, tripling its usual operation, after yields hit pre-2008 levels. Here is the crypto read.

US Sanctions Xinbi Scam Marketplace, Restrains $52M in Crypto
The DOJ seized Xinbi's Telegram channels and two wallets and restrained $52M in crypto tied to the scam marketplace. Here is what it means for card users.

Tether and Fasanara Launch $400M USDT Credit Fund StableFund
Tether and Fasanara Capital launched StableFund, a $400M private credit fund that uses USDT to settle fintech loans across 60+ countries. What it means.

Trezor Warns of Phishing After Its Email Provider Is Breached
Trezor says a third-party email provider was breached and is warning users to ignore fake 'Critical Security Alert' phishing emails. Here is how to verify.

Solid Lifts Card Referral Bonus to $50, Now Paid in FUSE
Solid raised its card referral reward from $30 in USDC to $50 in FUSE, split $25 each, but the payout now rides on a native token and a $150 spend gate.

Mexico Seizes 300 Mining Rigs Wired Into a Hydroelectric Dam
Mexican authorities seized about 300 crypto mining rigs tapping a hydroelectric dam. Forensic accountants are now tracing the funding and possible money laundering.
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