Tag: Loan

Tether, in cooperation with the US OFAC, froze $344 million USDT in two wallets on the Tron blockchain, setting a record for stablecoin compliance freezes, involving sanctions evasion and criminal networks, though specific attribution remains disputed.

Venture capital institutions transfer high-valuation assets to retail investors through private markets, violating the original contract of the stock market as a universal welfare system. The token-wrapped equity cash-out model from the crypto space is being replicated in mainstream capital markets, turning public markets into tools for wealth redistribution.

Tether freezes $344 million USDT at the request of the U.S. OFAC, citing links to sanctions evasion and criminal networks; meanwhile, Circle faces a lawsuit for failing to freeze $230 million in stolen USDC from the Drift hack incident.

Wisconsin has sued prediction market platforms including Kalshi and Polymarket, alleging they constitute unlicensed illegal gambling activities.

Bitcoin rebounded to $78,000, breaking through the realized market average, but the short-term holder cost basis of $80,100 forms key resistance. If broken, over 54% of buyers would be in profit, requiring market caution.

Wisconsin sues five major platforms including Kalshi and Coinbase, alleging their prediction market contracts constitute illegal gambling.

Tether issued 1 billion USDT on Ethereum and froze $344 million in cooperation with US authorities, with cumulative freezes exceeding $4.4 billion; the Bank for International Settlements warned that crypto exchanges are forming a 'shadow banking' system, and over 100 US companies urged legislation to clarify regulatory division of labor.

AngelList's new fund, USVC, led by Naval Ravikant, opens investment access to unlisted growth companies for retail investors with a minimum threshold of just $500, aiming to capture the value growth window of companies in the seven years before their IPO.

Kelp DAO discloses the latest progress on the rsETH security incident, having collaborated with the Arbitrum Security Council and the SEAL 911 team to freeze stolen funds and initiate an investigation, while accelerating efforts to seek a mutually beneficial solution.

The crypto VC market has significantly contracted, with investors either exiting, pivoting to AI, or doubling down on the crypto track. Experts believe opportunities emerge after the bubble bursts, with the industry only 5% through its journey, making now a prime time for deep cultivation.

BTC approaches $80,000, with the market sentiment index posting its largest single-day gain in three months, but spot demand contraction poses a risk of pullback.

Belarus plans to authorize crypto banks to support 26 digital currencies and 11 types of services, covering deposits, loans, etc.