by Michael
Key TakeawaysEight co-conspirators have pleaded guilty in the investment fraud case.More than $36.9 million allegedly passed through one Bahamas account.Zheng Zhao faces up to 20 years in prison if convicted of the conspiracy. Extradition Brings Zhao Before California...
by Michael
Key TakeawaysRussia’s digital ruble hit 270,000 accounts since its September launch, far exceeding expectations.Driven by strong SME demand, the central bank will launch CBDC subscription services and offline payments.To boost adoption, the government is offering CBDC...
by Michael
Key TakeawaysInstitutional custody holds over 30% of digital assets outside centralized exchanges.Banks increasingly seek signing control, integration, and flexible deployment.Coordinating multiple custodians is becoming a market standard, BCG finds. BCG Sees Up to...
by Michael
Key TakeawaysAlderoty urges clearer project promises before investors buy into new offerings.A survey found half of recent offering buyers reported losses.The SEC proposal would pair fundraising exemptions with issuer disclosures. Alderoty Calls for Accountability in...
by Michael
Key TakeawaysElectrum 4.8.3 fixes a high-severity flaw that allowed malicious servers to substitute Bitcoin transactions.Electrum confirmed reports of a user who lost funds after increasing a transaction fee.Electrum users should upgrade immediately and verify... Translate »