Karak has 'good chance' of becoming next EigenLayer after EIGEN airdrop disappointment
EigenLayer’s decision to ban U.S. and Canada-based airdrop participants could lead to a mass exodus to other restaking protocols. So will Karak become the next EigenLayer?
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Massachusetts subpoenas Robinhood over sports prediction markets
Massachusetts Secretary Bill Galvin has reportedly opened an investigation into Robinhood over its offering of sports-related event contracts. Massachusetts’ securities regulator has reportedly launched a probe over Robinhood’s prediction markets offering that has allowed users to bet on the outcomes for a slew of events, including basketball tournaments. Reuters reported on March 24 that Massachusetts

CFTC Seeks $429M Penalty Against Ponzi Operator Who Ghosted Them
While nobody can find the man behind alleged ponzi scheme Control-Finance, the CFTC is asking the court to throw the book at him. In the case of United Kingdom-based Control-Finance and its AWOL operator Benjamin Reynolds, the United States Commodity Futures Trading Commission asked the court to order Reynolds pay nearly half a billion dollars…

Is Europe’s Experience in E-Signatures and Digital IDs Valuable for Australia?
Europe has been running a legislative framework for electronic signatures and digital identities since 1999. In 2014, the European Parliament introduced a significant upgrade by presenting electronic identification and trust services for electronic transactions in the internal market, or eIDAS, regulation.In light of recent initiatives in Australia to improve legislation for doing business remotely, this…

Cointelegraph Blocked in Russia
Cointelegraph's website has become widely inaccessible in Russia as authorities added the domain to a registry of blacklisted sites.The blacklistAlthough Cointelegraph has been publicly on a list of blocked sites since 2017, it was only yesterday, October 16, that the Russian Federal Service for Supervision of Communications, Information Technology and Mass Media, more commonly known…

Goldman Sachs CEO Refutes Bank Ever Had Plans to Open Crypto Trading Desk
Goldman Sachs CEO David Solomon has categorically refuted that the bank ever had any plans to open a crypto trading desk and stated that earlier media reports suggesting otherwise were incorrect. Solomon made his remarks before the United States House of Representatives Financial Services Committee on April 10, during a hearing entitled “Holding Megabanks Accountable:…

VC Roundup: Gaming, crypto fintech and blockchain infrastructure dominate venture capital rounds
Cryptocurrency markets remain caught in a macro-based downtrend, with Bitcoin (BTC) and Ether (ETH) showing further signs of weakness at the end of April. But, venture capital activity in the crypto and blockchain sectors is the strongest it has ever been, offering further evidence that major investors are looking beyond immediate price action and ignoring…

Bitcoin miners hodl 27% less BTC after 3 months of major selling
According to a fresh prediction from crypto analysis firm Arcane Research, miners will continue to sell more BTC than they earn.Miners sold nearly 30% of record BTC stash since MayThe trip to $25,000 this month decreased pressure on a Bitcoin mining sector which has struggled throughout 2022.At one point, fears abounded that miners’ production cost…

Concerns grow over Binance executive’s health during detention in Nigeria
Tigran Gambaryan's family raises alarms over his deteriorating health conditions, alleging medical negligence during his six-month detention in Nigeria.