Web3 Archives - Page 12 of 50

Blockchain

Unlike Ulbricht, SBF Faces ‘Slim’ Chance of Conviction Relief

February 17, 2025 Dan K

The Office of the Pardon Attorney holds a 10,000-petition backlog. Without political ties, convicts face minimal clemency chances in the current system.

Hex Trust Acquires Byte Trading: Will Institutional Investors Bite?

February 16, 2025 Dan K

Hex Trust acquires Byte Trading to expand institutional crypto services, integrating its low-latency platform into Hex’s secure, regulated infrastructure.

BaFin building in Germany, symbolizing closure of Ethena GmbH’s USDe case

Pantera Capital Founder Faces Tax Probe Over $850M Crypto Profits

February 15, 2025 Dan K

Pantera Capital’s Dan Morehead faces a tax probe over $850M in crypto profits after moving to Puerto Rico, amid rising scrutiny on crypto taxation

Blockchain

Aston Martin Aramco Partners with Coinbase in USDC-Paid Deal

February 14, 2025 Dan K

Aston Martin Aramco partners with Coinbase in a multi-year deal fully transacted in USDC, marking the first stablecoin-paid sponsorship in Formula One history.

Michael Saylor discusses Bitcoin strategy and corporate holdings

Barclays Reports $131M Exposure to BlackRock’s Bitcoin ETF

February 14, 2025 Dan K

Barclays reveals a $131M stake in BlackRock’s Bitcoin ETF, signaling increased institutional adoption as Bitcoin prices surge past $97K.

ZkLend blockchain protocol exploited for $9.5M on Starknet network, with stolen funds bridged to Ethereum and laundered via Railgun.

ZkLend Loses $9.5M in Starknet Exploit, Offers Bounty to Hacker

February 12, 2025 Dan K

ZkLend lost $9.5M in a Starknet exploit. The protocol offers a 10% bounty if the hacker returns funds by Feb. 14, warning of legal action.

A digital representation of Ethereum transactions highlighting the Bybit hack and THORChain laundering.

Superstate Taps Plume Network for RWAfi Expansion

February 11, 2025 Dan K

Superstate partners with Plume Network to expand its RWAfi offerings, enabling institutional investors to access tokenized U.S. securities and DeFi yields.

A South Korean courtroom with a judge delivering a verdict on cryptocurrency-related charges against lawmaker Kim Nam-kuk.

South Korean Lawmaker Acquitted in Crypto Asset Concealment Case

February 10, 2025 Dan K

South Korean lawmaker Kim Nam-kuk was acquitted of crypto concealment charges. The court ruled disclosure of virtual assets wasn’t legally required.

Truth Social's Crypto Blue Chip ETF to track top assets including BTC, ETH, SOL, CRO, and XRP.

Coinbase Holds Over $420 Billion in Crypto, Surpassing 21st Largest US Bank

February 9, 2025 Dan K

Coinbase holds $420B+ in digital assets, exceeding the 21st largest US bank in AUM, highlighting crypto’s growing role in global finance.

David Sacks discussing US Bitcoin acquisition at Bitcoin 2025 conference

Poland’s Central Bank Rules Out Bitcoin for Reserves

February 8, 2025 Dan K

Poland’s central bank rejects Bitcoin for reserves, citing security risks and volatility. NBP prioritizes gold, U.S. dollars, and euros for stability.