Malone Lam, 22, from Singapore, pleaded guilty on Tuesday to a federal racketeering conspiracy charge tied to the theft of more than 4,100 Bitcoin from a Washington, D.C., resident. Prosecutors valued the theft at roughly $245M when it occurred and described it as one of the largest cryptocurrency thefts involving a single victim in U.S….
The largest market participants appear reluctant to make a move as the asset struggles below $80,000. Or, maybe there are waiting for these major developments to unfold. Citing data from Santiment Intelligence, popular analyst Ali Martinez showed a chart indicating that Bitcoin whale holdings have remained almost completely unchanged at roughly 5.23 million units…
Binance announced on Sept. 10 that it will delist Pax Dollar, or USDP, from spot trading at 03:00 UTC on Sept. 24, beginning a phased removal that will affect deposits, withdrawals, margin positions and several other exchange services. Summary Binance will end USDP spot trading and automatically cancel all pending orders on September 24. USDP…
Pi Network rolled out another update as it continues expanding the utility of its vast Node ecosystem. The Core Team outlined the introduction of Pi Desktop 0.6.3, carrying several important updates to SoloHost in another attempt to provide a further glimpse into the project’s plans to expand Pi Nodes far beyond blockchain validation. In…
Robinhood CEO Vlad Tenev defended the company’s AMC stock tokens on Sept. 9, arguing that public companies should not automatically control third-party securities referencing their listed shares. Summary Robinhood CEO Vlad Tenev said AMC consent is unnecessary for tokens referencing publicly traded shares. Robinhood describes each stock token as a debt security backed one-for-one by…
“Financial institutions and market infrastructure are moving to always-on operations with tokenization at the core,” said David Cunningham, President of Consensys. Consensys has announced it will separate into two independent companies, MetaMask for consumer self-custodial finance and Consensys for Ethereum (ETH) protocols and institutional infrastructure, with the split expected to close by the end…
World has opened its standalone Solana prediction market platform to more than 1 million waitlisted users after creating over 150,000 markets through its Phantom integration. Summary More than 1 million waitlisted users can now access World through its standalone website. Over 150,000 markets have been created across sports, crypto, politics, finance, economics, and culture. Chainlink…
The second-largest cryptocurrency has hovered around $2,500 over the past several days, with some analysts predicting a decisive breakout above that level and a surge to much higher ground. Others remain cautious, expecting ETH to head south to around $2,000 before starting a bull run. The Bullish Perspective According to X user Ted, ETH is…
Mastercard has launched Agent Connect to give merchants one integration for product discovery, cart creation and customer-approved payments across AI shopping platforms. Summary Agent Connect links merchants, AI agents, digital platforms, and payment providers through one connection. Merchants can provide current product, price, and inventory data from their existing catalogs. Agent Pay uses tokenized permissions…
“If you build a cybercrime empire, we will find you, dismantle your operation, and hold you accountable,” said US Attorney Pirro. Malone Lam, a Singaporean citizen and recent Miami resident, pleaded guilty in Washington, D.C., to taking part in an international cybercrime conspiracy that stole and laundered more than $245 million in cryptocurrency. Attorney…
