Tether Boasts Record Profits—But Reserve Claims Remain 'Dubious', Says Former SEC Attorney
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Tether Boasts Record Profits—But Reserve Claims Remain ‘Dubious’, Says Former SEC Attorney

A lively discussion between a former Securities and Exchange Commission enforcement attorney John Reed and Tether’s CTO, Paolo Ardoino, ensued after the attorney tweeted a fierce criticism of the company, beginning with: “IMHO, Tether is a Mammoth House of Cards.” An attorney with nearly two decades at the SEC, Reed is adamant in his distrust of Tether, citing what he…

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Community-Driven Blockchain Platform Parex Raises US$ 6․5 Million – Press release Bitcoin News
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Community-Driven Blockchain Platform Parex Raises US$ 6․5 Million – Press release Bitcoin News

press release PRESS RELEASE. Parex has successfully developed a community-driven DAO ecosystem through its ParexChain, Parex Wallet, RaccoonSwap, Exchange, and other decentralized applications. The company has secured US$ 6.5 million in a new investment round. The funding was provided by DWF Labs that invested US$ 3 million, and Bitgert Ventures, the investment arm of the cryptocurrency exchange Bitgert which invested…

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G7 pushes accelerating global implementation of ‘travel rule’ for crypto assets
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G7 pushes accelerating global implementation of ‘travel rule’ for crypto assets

The G7 committee recently met in Niigata, Japan, to discuss, among other topics, the global financial implications for central bank digital currencies (CBDCs) and the laws governing the transfer of cryptocurrency assets. In a communique summarizing the discussions, the committee reiterated its support for developing CBDCs with the caveat that further investigation was needed to ensure they are grounded in…

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Why Solana Won't Become A Web3 Game Publisher
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Why Solana Won't Become A Web3 Game Publisher

Solana Foundation’s Games General Manager Johnny Lee tells Decrypt’s Kate Irwin about Solana’s “build together” approach as well as his thoughts on crypto firms becoming game publishers. Source: https://decrypt.co/videos/interviews/RgSzjeSw/why-solana-wont-become-a-web3-game-publisher

Blockchain Fixes This (No, Really)
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Blockchain Fixes This (No, Really)

About the author Graeme Moore is the Head of Tokenization at the Polymesh Association, a not-for-profit dedicated to the growth of the Polymesh blockchain ecosystem. On Tuesday, March 28th, French authorities raided the Paris offices of five major banks—including HSBC, BNP Paribas, and Société Générale—in relation to an ongoing fraud and money laundering investigation where authorities are reportedly looking to…

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South Korean authorities raid Upbit, Bithumb crypto exchanges after political scandal
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South Korean authorities raid Upbit, Bithumb crypto exchanges after political scandal

Prosecutors in South Korea raided the offices of two local cryptocurrency exchanges due to investigations surrounding the digital assets of lawmaker Kim Nam-kuk. According to a report from the South Korean news agency Yonhap, a team of prosecutors from the Seoul Southern District Prosecutors Office raided cryptocurrency exchanges Upbit and Bithumb for transaction records and other materials. Kim is said…

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