On-chain analysis alleges that a crypto wallet linked to Andrew Tate funneled $30 million into the privacy protocol Railgun over two years in a suspected money laundering operation.
Coinbase CEO Brian Armstrong has drawn a 'red line' against bank lobbying efforts to restrict stablecoin rewards, a move that could challenge the traditional banking model where banks earn an estimated 4% on reserves while paying consumers near-zero interest.
Ethereum treasury firm Bitmine has initiated its first-ever staking operation by depositing 74,880 ETH, valued at nearly $219 million, into Ethereum's proof-of-stake system.