A U.S. federal judge has temporarily frozen crypto assets linked to institutional trading platform Blockfills as part of an ongoing legal dispute with investment firm Dominion Capital. Summary A federal judge issued a temporary restraining order preventing Blockfills from moving Bitcoin allegedly belonging to Dominion Capital. Dominion claims the platform commingled and used customer funds
On Wednesday, the U.S. Securities and Exchange Commission (SEC) filed a motion to settle its massive lawsuit against Tron crypto entrepreneur Justin Sun for a $10 million civil penalty. The deal, if approved by a judge, effectively ends one of the agency’s most high-profile enforcement actions without a drawn-out trial. The agency claimed Sun and
Friends, The year ahead will be filled with upgrades and big ideas from across the Ethereum ecosystem. Since our last Supported Teams post (which followed the launch of the beacon chain), the network has seen 3.8+ million Ether staked, and 120K+ active validators online across multiple clients. In recent days, the launch of the Berlin
Crypto exchange OKX has launched a new social trading platform called Orbit, designed to connect traders through shared strategies, market insights, and community-driven discussions. Summary OKX launched Orbit, a social trading network where users can share trade ideas, market insights, and strategies. The platform aims to combine social media-style interaction with crypto trading tools to
Vancouver Mayor Ken Sim’s plan to invest city reserves in bitcoin BTC$70,508.77 is not permitted under the Vancouver Charter and British Columbia’s Municipal Finance Authority Act, a staff report says. The briefing released ahead of a March council meeting recommends closing a 2024 motion to make Vancouver a “bitcoin-friendly city,” after staff determined the plan
It’s always fun to hear about new grants as they’re awarded, but what happens after the announcement? In this series, we’ll check in on a couple of projects that are well underway – or already at the finish line. Read on to learn about some recent milestones and achievements by grantees! Devfolio for Ethereum India
Bitcoin price fell to near $70,000 on Friday following a sharp rebound the previous day. A looming BTC options expiry event is now keeping investors on edge as the market anticipates potential volatility. Summary Bitcoin price has given up a portion of its gains from this week. Over $2.22 billion worth of options set to
The progress being made in the Ethereum ecosystem lately is really inspiring. Whether you’re excited by the adoption of proof of stake (and a faster, more secure, greener Ethereum), the coming Merge and other big upgrades, or by some of the many applications and solutions that have the power to change diverse industries, it is
Protocol developers often come across as more pessimistic about Bitcoin’s future than most Bitcoiners. Daily exposure to Bitcoin’s imperfections certainly shapes a sober perspective, and it’s important to reflect on what Bitcoin has achieved. Anyone in the world, no matter their race, age, gender, nationality, or any other arbitrary criterion, is able to store and
Bitcoin-focused Solv Protocol was exploited on Thursday, resulting in roughly $2.7 million worth of funds drained from one of its token vaults. The project has offered a 10% bounty to the attackers. Summary Solv Protocol lost about $2.7 million after an exploit drained 38 SolvBTC from one of its Bitcoin Reserve Offering vaults, with fewer
