8 Months of Inactivity, Then Millions Withdrawn: What’s Going on With the US Government’s Seized Crypto?

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Blockchain monitoring firm Arkham Intelligence has reported that the U.S. government recently initiated a significant transaction, withdrawing $5.4 million from the decentralized finance (defi) platform Aave. This transfer marks the first activity on this specific government-linked address in eight months. Arkham, known for tracking high-profile movements on the blockchain, flagged the event with an alert, […]

The Slow Death of Private Blockchain Tech—R3 Reportedly Explores Sale Despite Big Bank Support

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According to a recent report, R3, the private blockchain initiative backed by several major companies—including Intel, Bank of America, and Wells Fargo—has been looking into various strategic paths, including the possibility of a sale. Sources with knowledge of the situation noted that blockchain organizations such as Ava Labs and the Solana Foundation have reportedly been […]

Former US Federal Agent Freed From Nigerian Prison After 8 Months

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Tigran Gambaryan, a U.S. citizen and former federal agent detained in Nigeria for eight months, has been released. The charges against him, brought by the Economic and Financial Crimes Commission, were dropped. The release of the Binance executive from one of Nigeria’s notorious prisons followed intense lobbying by U.S. politicians who were urging the Biden […]

SimpleFX 10th Birthday: The Decade of Online Broker

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PRESS RELEASE. After ten years of constant development, SimpleFX can proudly celebrate this one-of-a-kind anniversary with a unique event. This year, the platform’s users will have a chance to compete in a trading contest with a $100 000 and 5 000 SFX Coins prize pool! The plan to celebrate with the SFX platform users SimpleFX […]