Sahil Thakur

Bank of Russia crypto

Bank of Russia could legalize crypto for investors

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The Bank of Russia is advancing plans to test cross-border crypto transactions for qualified investors. The central bank is considering legal amendments to create a new category of “particularly qualified investors,” allowing these individuals to trade digital currencies as Russia explores the use of cryptocurrencies for international trade. These developments follow an interview with Alexey …

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Pavel Durov arrested

Telegram founder Pavel Durov reportedly arrested in France; $TON falls 14%

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Telegram founder and CEO Pavel Durov has reportedly been arrested in France after getting off his private jet. The main reason for the arrest is being reported as his non-compliance to moderate content on his messaging platform. The charges include terrorism, money laundering, and more. There are reports of upto 20 years in prison for …

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Argentina Ethereum

Argentina to include Ethereum and solidity in high school education?

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According to a post and report by Bankless on X, Argentina is set to include Ethereum and Solidity in high school education. The change is set to be put into actions in multiple schools across Buenos Aires city. This initiative is organized by the ETH Kipu Foundation in collaboration with Ministry of Education of the …

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CZ Zhao moved from prison

Binance founder ‘CZ’ Zhao moved from prison to halfway house.

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Former Binance CEO Changpeng Zhao (CZ) has been transferred from FCI Lompoc II prison to the RRM Long Beach halfway house in California. This move led to confusion among X (formerly Twitter) users, who mistakenly believed CZ had been released early. However, he is still serving his sentence. The RRM Long Beach facility is a …

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McDonalds rug pull

McDonald’s insta page hacked to rug pull $700k on Solana memecoin

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McDonald’s Instagram profile was hacked, leading to the promotion of a scam memecoin called GRIMACE on the Solana blockchain which had a rug pull later. The memecoin quickly amassed a $25 million market cap within two hours before it was rug-pulled, losing over 95% of its value. The scammers, identifying themselves as “India_X_Kr3w,” claimed to …

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Lawsuit CZ

New lawsuit against against CZ and Binance for laundering of stolen crypto.

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Binance and its former CEO, Changpeng Zhao (CZ), are facing a new class action lawsuit from three crypto investors. The plaintiffs claim they couldn’t recover their stolen assets due to Binance’s alleged failure to prevent money laundering. The plaintiffs further allege that Binance played a crucial role in the money laundering process, violating the Racketeer …

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