Category: Business

[ad_1] Key Takeaways World Liberty Financial, backed by the Trump family, aims to raise $1.5 billion and establish a public company to hold WLFI tokens. The WLFI token, initially non-transferable, is planned to become publicly tradable. Share this article World Liberty Financial, the DeFi project backed by the Trump family, is exploring plans to establish…

[ad_1] Former FTX CEO Sam Bankman-Fried, also known as SBF, lost an initial appeal to return to being free on bail prior to his criminal trial. In a Sept. 6 filing in the United States Court of Appeals for the Second Circuit, Clerk of Court Catherine O’Hagan Wolfe said a circuit judge had denied a…

[ad_1] Share this article EraLend, a lending protocol on Ethereum’s scaling blockchain, zkSync, faced a substantial exploit that resulted in a loss of $3.4 million, according to an analysis by CertiK, a leading firm in blockchain security. The incident was described as a read-only reentrancy attack, a complex strategy allowing the perpetrator to tamper with…

[ad_1] The most recent payment license that X obtained was from Rhodes Island. Some of the US states that X has received clearance for payment processing include Arizona, Maryland, and Georgia. Elon Musk has previously hinted that X would support crypto payments in addition to fiat currency transactions. The social media site X, owned by…

[ad_1] Police in Hong Kong have arrested 458 people in relation to an extensive organized crime money laundering network. The sting reportedly brought down a Triad-controlled operation that used crypto trades to wash the proceeds of as many as 314 crimes. According to local media reports on August 25, the recent string of arrests occurred…

[ad_1] Top Stories This Week  Grayscale wins SEC lawsuit for Bitcoin ETF review Crypto asset manager Grayscale Investments recently scored a big win in its battle against the United States Securities and Exchange Commission.  In an ongoing effort to convert its Grayscale Bitcoin Trust (GBTC) into a Bitcoin exchange-traded fund (ETF), the U.S. appeals court…

[ad_1] Share this article Binance, a global leader in the cryptocurrency exchange space, announced on July 16 its initiative to better educate users on the risks associated with high-volatility tokens, launching the Seed and Monitoring Tags. The Seed Tag is set to replace Binance’s Innovation Zone, home to new high-volatility tokens, and will be applied to…