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Tether’s new sanctions froze 161 wallets. Only eleven hold USDT.

One wallet holds 97% of all the USDT tokens frozen yesterday. Another moved hundreds of thousands of tokens the day before the freeze.

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Author: Zack Abrams

Decrypt, Rug Radio to combine in ‘merger of equals’: Axios

The two crypto- and Web3-focused news outlets will combine forces early next year while retaining their individual brand identities.

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Author: Zack Abrams

Pudgy Penguins announces ‘Pudgy World’ Web3 game on zkSync blockchain

The alpha version of the game, which is set to launch next year, will be open to all, though Pudgy NFT and toy owners will get special perks.

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Author: Zack Abrams

Pudgy Penguins to Launch Webkinz-like Virtual World in 2024

Pudgy World, an interactive digital world available to Pudgy Penguin NFT holders, will become available in alpha mode sometime next year, according to the company’s CEO.

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Author: Elizabeth Napolitano

Compound DAO vote to pay developer for major bugfix falls 15,000 votes short of quorum

The bug would’ve allowed for the theft of user funds, though an attack would have been massively unprofitable to carry out.

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Author: Zack Abrams

Crypto stock recap: Wall Street isn’t treating all Bitcoin miners alike

Bitcoin’s price rose another 6.6% while the stock market was open this week, but the recent rally in the coin’s price hasn’t affected all crypto-related stocks equally. Here’s how last week’s stock market returns stacked up for the top crypto-related stocks.  Small miners posted big gains This week’s winners appear to be smaller Bitcoin mining […]

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Author: Zack Abrams

Tether Freezes 41 Crypto Wallets Tied to Sanctions

Stabelcoin issuer Tether blacklisted 41 wallets controlled by people on the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List on Saturday.

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Author: Oliver Knight

Tether freezes all OFAC-sanctioned wallets in ‘proactive’ security measure

Sanctioned individuals, along with Tornado Cash’s contract addresses, have been officially cut off from the world’s largest stablecoin.

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Author: Zack Abrams

U.S., South Korea, Japan Discuss North Korean Crypto Thefts in Trilateral Meeting

National security officials with the U.S., South Korean and Japanese governments discussed North Korea’s crypto thefts and other efforts to work on its nuclear and ballistic missile programs, the White House announced Friday night.

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Author: Nikhilesh De

Crypto Provisions Dropped From 2023 U.S. Defense Bill

The military-linked bill is viewed as must-pass legislation, so lawmakers sometimes try to tack on other things to get them passed, too.

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Author: Nikhilesh De


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