Conduit Technology has sued Tether after the stablecoin issuer froze $2.76 million in the company’s USDT and allegedly kept it locked for more than a year. The stranger part is why. Conduit says Brazilian police never asked Tether to freeze its treasury wallet and that Tether’s own financial crime unit selected the address using criteria […]
Conduit Sues Tether Over a $2.76M USDT Wallet Frozen for a Year
A U.S. lawmaker has introduced legislation that would impose penalties of at least $10,000 on federal candidates who trade prediction market contracts tied to their own elections. According to an Oct. 5 announcement from Rep. Don Davis, D-N.C., the No…
US lawmaker moves to ban candidates from betting on their own elections
Key Takeaways Conduit says Tether froze $2.76 million in USDT. The balance can remain visible but unusable. Tether can freeze tokens and blacklist addresses under its terms. The case exposes a treasury risk for stablecoin users. $2.76 million in USDT became inaccessible Conduit Technology has filed suit against USDT issuer Tether in the U.S. District Court for the Southern Dist
Tether Sued After USDT Freeze
The UK government has appointed six banks to lead its first digital gilt issuance, with the pilot expected by the first quarter of 2027. HM Treasury announced on Oct. 6 that Barclays, HSBC, Lloyds, Morgan Stanley, NatWest and RBC Capital…
UK names six banks to lead first digital gilt issuance in early 2027
The lawsuit alleged that Tether froze USDt funds in a Conduit wallet tied to an investigation launched by Brazilian authorities in 2024.
Conduit sues Tether over allegedly freezing $2.8M without explanation
The proposed fund would hold ZEC directly, with Gemini Trust serving as custodian and Winklevoss Capital affiliates eyeing up to a $100 million investment.
Winklevoss-backed Zcash ETF files with SEC for Nasdaq listing
Winklevoss Asset Services submitted a registration statement to the SEC for a spot zcash ETF under the ticker WINK on Nasdaq. The ETF offers direct price exposure to zcash (ZEC) rather than derivatives, using a cash-creation model for share creation and redemption. Taking on Grayscale Winklevoss Asset Services, led by CEO Cameron Winklevoss, submitted […]
Winklevoss Twins File for Zcash ETF With $100M Launch Interest
A $6 million exploit at an unidentified Base vault has exposed a gap in vulnerability reporting, according to Immunefi’s head of security, with roughly $31.7 million remaining in the vault at the time of the incident briefing. Gonçalo Magalhães, head…
Base vault’s $6M exploit exposes a disclosure gap: Immunefi
While bitcoin and ether prices have been consolidating, two massive Hyperliquid wallets carry a combined net short exposure of roughly $1.58 billion against an array of top assets—with BTC and ETH topping the list. Positions of this magnitude naturally leave market watchers wondering whether the entities behind these trades know something the typical trader does […]
Linked Hyperliquid Giants Take Aim at Bitcoin, Ether With $1.58B in Crypto Shorts
Key Takeaways The S&P 500 rose above 7,840 as Treasury yields, oil prices and the dollar eased. Bitcoin rose after some earlier stock-market records and fell after others. The conditions behind the record have mattered far more than the record itself. Stocks reached a record as bond pressure eased The S&P 500 climbed above 7,840 on October 6, reaching a new all-time high
S&P 500 Hits a Record Again – What History Says for Bitcoin
Securitize and LG CNS have signed a memorandum of understanding covering three areas of digital asset development for South Korean institutions, including tokenized securities and stablecoin infrastructure. Securitize announced on Oct. 6 that the companies will explore institutional products and…
Securitize, LG CNS partner on tokenized assets in South Korea
The DIGIT pilot will test distributed ledger technology and onchain settlement for UK sovereign debt, with issuance expected by the first quarter of 2027.
UK names 6 banks to lead first digitally native government bond
Winklevoss Asset Services has filed for a Nasdaq-listed spot Zcash ETF under the proposed ticker WINK, as ZEC has gained more than 5% in 24 hours and is trading above $1,376. Winklevoss Asset Services filed an S-1 registration statement with…
Winklevoss files for spot Zcash ETF as ZEC price climbs above $1,376
Fortitude Mining has signed a non-binding agreement for up to $100 million of Bitmain’s next-generation zcash mining hardware, securing priority access ahead of an expected 2027 rollout. Fortitude Secures Priority Access to Bitmain’s 2027 Zcash Miners Fortitude Mining is preparing to make a much bigger wager on zcash (ZEC). The Digital Currency Group-backed miner has […]