An ex-Los Angeles County Sheriff’s Department deputy was sentenced to prison for his role in extorting victims alongside a jailed crypto figure. Summary Former LA County deputy Michael Coberg was sentenced to 63 months in prison and ordered to pay $127,000 for assisting crypto founder Adam Iza in multiple extortion schemes. Prosecutors said Coberg received…
Authorities in Argentina have ordered a nationwide block on the prediction market platform Polymarket following a ruling by Buenos Aires Judge Susana Parada on March 16, reporting from Clarín indicates. Argentina’s ENACOM, which oversees telecoms, broadcasting, internet, radio, and postal services, is tasked with implementing the national measure through ISPs and app stores, preventing access…
India’s Central Bureau of Investigation has arrested Ayush Varshney, co-founder and CTO of Darwin Labs, for his alleged role in the GainBitcoin Ponzi scheme. The full scope of what he allegedly helped build is staggering. According to the CBI announcement, Darwin Labs developed and deployed the fraudulent tech infrastructure behind the scheme: including the MCAP…
Bitcoin prices have reached their highest level since early February in a crypto market relief rally as analysts eye $80,000. Bitcoin prices tapped $76,000 on Coinbase in early trading on Tuesday morning, according to TradingView. It is the highest the asset has traded since the Feb. 6 crash. Bitcoin did it. It just closed…
After billions in bets on a U.S.–Iran strike and an insider scandal on platforms like Polymarket, Democrats push the DEATH BETS Act, targeting prediction markets that trade on war, terror and death. Summary Polymarket and Kalshi volumes smashed records as traders priced odds of a U.S. strike on Iran and leadership change in Tehran. Six…
Bitcoin climbed as high as $76,000 on Binance on Monday, with investors piling into digital assets ahead of a pivotal stretch of global macro events, including US inflation data, the Federal Reserve’s updated “dot plot,” and a policy decision from the Bank of Japan. The largest digital asset was trading at around $75,157 at press…
While global markets panic over rising oil prices and geopolitical tension in the Middle East, Bitcoin is doing something unexpected. Typically, when fear grips the market, investors flee to Gold or the US Dollar. Yet, as Gold prices dipped below $5,100 and equity markets wobbled, the BTC price $73,000 milestone was shattered. So, why is…
As geopolitical tensions rise, more users are going on-chain in search of cross-border liquidity, which is boosting stablecoin supply. The broader financial market is under pressure due to rising tensions stemming from the ongoing Middle East crisis. However, crypto assets are pushing back and resisting the pressure. In fact, a recent report from the…
Lido’s new IDVTC design lets verified solo stakers form DVT clusters, slashing collateral needs while hardening Ethereum validator risk and sustaining staking yields. Summary IDVTC groups four verified community stakers into one DVT-backed validator cluster, reducing single-operator failure risk. Lower collateral becomes viable as DVT makes slashing and downtime tail events instead of structural threats….
OpenSea is delaying the launch of its highly anticipated SEA token, with CEO Devin Finzer saying the company decided to push back the timeline due to difficult conditions across the crypto market. an update on $SEA. the team has been building at full speed, and the foundation had planned to kick off the first steps…
