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CZ, Powell and more rally to fund legal fees for on-chain sleuth ZachXBT, surpassing $1M

ZachXBT estimates that the legal fees could “easily exceed” $1 million and alleged that MachiBigBrother is “using his money to try” and silence him.

Gary Gensler’s job at risk, BlackRock’s first spot Bitcoin ETF and other news: Hodler’s Digest, June 11-17

U.S. representative introduces bill to fire SEC’s chief, BlackRock applies for a spot Bitcoin ETF and Binance.US hires top lawyer for upcoming court battles.

​SEC and Binance.​​US strike a temporary agreement on asset access

Proposed measures include restricting Binance Holdings officials' access to private keys and disclosing business expenses.

Tether responds to account deactivation controversy, raises compliance checks

Tether Holdings Inc has responded to claims that it deactivated the accounts of major crypto firms including Moonpay.

On-chain sleuth ZachXBT sued for libel after claiming plaintiff drained funds from project

Plaintiff Jeffrey Huang claims his reputation was damaged when ZachXBT allegedly falsely accused him of embezzlement.

Curve pool imbalance triggers USDT depeg concerns: Finance Redefined

The top 100 DeFi tokens had another bearish week, with the majority of tokens trading in the red.

Self-custody Bitcoin amount unmeasurable so far, says Santiment exec

One of the most notable results of self-custody is that it tends to decrease circulation, which in turn reduces the market cap.

dApp Store kit adopts new tech stack to power Web3 gaming development

Ready Games’ software development kit is touted to help improve Web3 gaming accessibility and user experience.

USDT issuer Tether responds to Chinese securities exposure reports

USDT issuer Tether said that they “do not condone” the behavior of the media outlets and highlighted that the materials presented do not reflect what Tether is at present.

Bitcoin in Cuba: Why some Cubans are adopting BTC to escape ‘The Matrix’

Private businesses in Cuba could be poised to benefit from the cryptocurrency revolution in one of the world’s harshest business environments.

SEC argues against Dentons' motion to dismiss Terraform and Do Kwon's lawsuit

Terraform and Do Kwon lawyers used a U.S. House hearing, Binance.US complaint and Hinman emails documents to dismiss the SEC lawsuit.

Korean crypto contagion, Bank of China on Ethereum, HK’s exchange red carpet: Asia Express

Hong Kong lays out welcome mat for exchanges, Korean crypto lender contagion, Do Kwon banged up abroad, Bank of China’s Ethereum debt note.

Fed, SEC investigate Goldman Sachs over Silicon Valley Bank's securities portfolio: Report

Both regulatory bodies are inquiring into the activities of Goldman Sachs during its unsuccessful capital raise preceding the downfall of Silicon Valley Bank.

Ripple partners with Colombia’s central bank to explore blockchain technology

The pilot program will run through 2023 with the intent of demonstrating blockchain utility to the general public.

Is blockchain technology ready for high-storage applications?

What does the blockchain space need to enable the development of high-storage apps?

Sweat Economy DAO votes to repurpose $10M of idle tokens

The move-to-earn platform had 2 billion $SWEAT tokens locked up in inactive user accounts which the community has voted to be returned to a governance contract.

Opinion: GOP crypto maxis almost as bad as Dems’ ‘anti-crypto army’

Fighting between GOP crypto maxis and anti-crypto Dems fails to appreciate blockchain’s importance to the U.S.’ long-term economic interests.

How blockchain technology makes it easier for Africans to upskill

The narrative that blockchain technology could revolutionize how people interact with technology in Africa may not be stale after all.

Exchanges pledged $2.5B to user protection funds amid FTX’s collapse: Report

Not all exchanges have disclosed wallet addresses for the funds, however.

ByBit plugs into ChatGPT for AI-powered trading tools

ToolsGPT marries ByBit’s market data with ChatGPT’s AI to generate technical analysis, price data and trading metrics.

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