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View More NewsPresident Donald Trump’s clearly corrupt settlement of his lawsuit against the IRS suffered two setbacks in federal court on Friday. In the Eastern District of Virginia, Judge Leonie Brinkema temporarily barred the Justice Department from allocating money to the $1.8 billion “Anti-Weaponization Fund” described in Trump’s May 18 agreement with the IRS. And in the Southern District of Florida, Judge Kathleen Williams, who closed Trump’s case on May 18 after he dropped his lawsuit, ordered briefing on the question of whether the settlement is “a product of collusion” and “a fraud on the Court.” Trump’s settlement includes several striking features…
A security researcher who goes by 0xflorent worked with the team behind a 2016 Ethereum (ETH) ICO contract to unlock about $2 million in ether that had sat trapped for nine years, in a coordinated whitehat recovery that exploited an integer-overflow flaw the original developers had never patched.The contract belongs to HongCoin, a 2016 token sale that fell short of its funding goal and was supposed to auto-refund investors’ ether but failed to do so because of a bug in the refund function. 0xflorent’s path unfroze 1,003.62 ETH, with 48 original investors now eligible to claim. Two have done so,…
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A $1.26 billion block sale of BlackRock’s iShares Bitcoin Trust (IBIT) this week might have been driven by a large investor seeking a rapid…
Last month, Rep. French Hill, who chairs the House Financial Services Committee, told CoinDesk that he expected the Clarity Act to secure bipartisan consensus,…
Kraken said late Friday that it expects to launch CFTC-regulated perpetual futures contracts in the US in the next 30 days, hours after the…
DTCC’s decision to connect its upcoming tokenized securities platform to the Stellar (XLM) network is the latest step in a relationship that stretches back…
Stablecoin issuer Circle froze $12.6 million in USDC dollar-pegged tokens linked to privacy protocol Zama’s confidential USDC smart contract on Saturday, according to onchain…
This Week in 2016 You’re Entitled To Your Own Opinions, But Not Your Own Facts About Copyright, NY Times Edition Shameful: House Panel Votes…
The U.S. Securities and Exchange Commission (SEC) has sued Texas resident Nathan Fuller, alleging he raised about $12.3 million from roughly 150 investors through…
The United States has seized about $1 billion worth of cryptocurrency tied to Iran, Treasury Secretary Scott Bessent said, describing the action as part…
In brief Republican fintech entrepreneur Michael Carbonara liquidated 10 Bitcoin for $800,000 to help bankroll his congressional campaign. The candidate’s shift to the 22nd…
Traditional financial institutions are preparing to move trillions of dollars of assets onchain, but the risk of hacks and exploits is putting them off,…
The crypto market is struggling, competitors are either passing through hard times or pivoting to other areas, while Binance is building with eyes on…
The Securities and Exchange Commission has charged a Texas man with running a crypto fraud scheme that raised $12.3 million from roughly 150 investors…