ZachXBT Warns AscendEX Users of Potential Liquidity Issues and Delayed Withdrawals

On-chain analysis reportedly found limited holdings of major assets, raising concerns about the exchange’s liquidity. ZachXBT says AscendEX users are experiencing withdrawal delays, with some requests not being processed at all. Several individuals reported that the transactions have been stalled for days, sometimes even weeks. AscendEX Users Report Withdrawal Issues The on-chain sleuth issued a…

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Corgi, the buzzy Y Combinator-backed insurance tech startup, says it didn’t steal an open source product

Y Combinator-backed insurance tech startup Corgi became embroiled in yet another controversy earlier this week when Papermark, maker of open source data room software, accused Corgi of stealing its software and passing it off as its own. Corgi denies this, telling TechCrunch, “No code was used from Papermark.” But there were reasons why people believed…

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CLARITY Act Faces Narrow Senate Window as Midterm Election Calendar Tightens – Bitcoin News

Key Takeaways Senate leaders face pressure to schedule a CLARITY Act vote before election priorities dominate. Stand With Crypto says clearer rules could protect consumers, developers, and fintech firms. Polling cited by the group suggests crypto policy may sway battleground-state voters. Stand With Crypto Says Federal Rules for Digital Assets Remain Incomplete as Timeline Tightens…

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Is the 4-Year Cycle Dead?

Bitcoin sits near $60,000, down more than half from its October peak, with traders in extreme fear and institutions pulling money out for six straight weeks. The single question that decides where it goes next is whether the famous four-year cycle still governs Bitcoin, or whether institutions have broken it for good. Summary Bitcoin trades…

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US Treasury Hits Huione Group in Sweeping Push Against Global Cyber Fraud

Key Takeaways OFAC sanctioned 26 entities linked to Prince Group, next blocking Huione from U.S. financial markets. Chainalysis reported Huione Guarantee processed $70B in crypto, forcing tighter P2P market rules. After a 5-year run, the FBI seized Huione’s cloud systems to dismantle global crypto scam markets. US Treasury Hits Huione Group’s Crypto Money Laundering Cloud…

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