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Platypus Exploiters Acquitted of Wrongdoing in Landmark Case

Platypus Hackers Acquitted After Perpetuating $9 Million Exploit Mohammed and Benamar M., two brothers accused of exploiting Platypus, an avalanche-based automated market maker (AMM) platform, were acquitted of any criminal wrongdoing in a landmark case for French justice. The judge in charge stated that the individuals just interacted with a smart contract that provided more

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The Potential Impact of Spot Bitcoin ETFs on Wall Street: Insights from Anthony Scaramucci

Introduction In a recent interview on The Scoop podcast, Anthony Scaramucci, the founder of Skybridge Capital, shared his predictions about the future of spot bitcoin exchange-traded funds (ETFs). Scaramucci believes that once these ETFs are approved by the U.S. Securities and Exchange Commission (SEC), Wall Street will witness a significant influx of capital into the

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Hong Kong Considers Allowing Trading of Spot Crypto ETFs

Hong Kong Open to Allowing Trade of Spot Crypto ETFs Hong Kong is currently exploring the possibility of permitting the trading of spot cryptocurrency-based exchange-traded funds (ETFs), provided that the associated risks are effectively managed. Julia Leung, the CEO of the Hong Kong Securities and Exchange Commission, recently revealed in an interview that the organization's

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Federal Judge Bars Former Binance CEO CZ from Leaving the U.S. until Sentencing

CZ Restricted from Leaving the U.S. A federal judge has issued an order to prevent former Binance CEO Changpeng Zhao (CZ) from leaving the United States until the court decides on the government's motion. The motion aims to keep CZ in the U.S. until his sentencing. This order comes after a magistrate judge granted CZ

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Former NYSE President Tom Farley Expects Money to “Flood” into Crypto Industry with Bitcoin ETF Approval

Optimism Surrounding Bitcoin ETF Approval Former New York Stock Exchange (NYSE) President Tom Farley recently discussed the potential impact of the U.S. Securities and Exchange Commission (SEC) approving spot bitcoin exchange-traded funds (ETFs) and its implications for the cryptocurrency industry. In an interview with CNBC, Farley, who served as the NYSE Group President from 2014

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Former Binance CEO CZ Seeks Dismissal of US Government’s Motion to Prevent Return Home

CZ Opposes Government's Motion Former Binance CEO Changpeng Zhao (CZ) has filed an opposition to the U.S. government's motion for review of the judge's ruling on his presentencing travel restrictions. The government had charged Zhao with failing to maintain an effective anti-money laundering program and also filed a parallel Information against Binance for non-compliance with

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Wallet of Satoshi Halts U.S. Operations: What You Need to Know

Reasons Behind Wallet of Satoshi's Departure from the U.S. Last Friday, Wallet of Satoshi, a prominent provider of Lightning Network payment services, announced its decision to exit the U.S. market. While the company did not explicitly state the reasons behind this move, it informed its U.S. clientele that they could easily withdraw and transfer their

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