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Sweden’s Justice Minister has reportedly ordered law enforcement to ramp up seizures of unexplained crypto holdings—even without direct evidence of a crime. The directive hinges on a controversial law that could redefine asset forfeiture in the digital age. On July 4, Decrypt reported that Sweden’s Justice Minister Gunnar Strömmer issued a formal call for law … Read more
Memecoin-focused blockchain MemeCore launched a rewards program with a special focus on screening out bots. Memecoin season is in full swing, and platforms are looking to capitalize. On Friday, June 27, MemeX, a memecoin launchpad on the MemeCore blockchain, launched a viral campaign to reward its users, but also to highlight the problems with AI … Read more
Gate.io Releases Latest Proof of Reserves Report: Total Reserves Reach $10.865 Billion, with $2.415 Billion in Excess Reserves
Share this article DeFAI project DexCheck launches REPS and the Proof of Support protocol for effective community development. Web3 marketing teams are constantly exploring strategies to boost social activity and grow a thriving community around their projects. Ideas such as Stake-to-earn, random giveaways, and task-based reward programs have been introduced in recent years. Each of … Read more
OKX’s latest proof-of-reserves report reveals the crypto exchange holds reserves exceeding the number of assets deposited by customers on the platform, specifically for 22 major cryptocurrencies. According to the crypto exchange’s 30th consecutive Proof of Reserves report, the platform currently holds a total of $23.1 billion worth of primary assets from 22 major tokens, including … Read more
House Democrats who traveled to El Salvador to seek the release of Kilmar Abrego Garcia have written to Secretary of State Marco Rubio demanding “daily proof of life” after being denied a meeting with the Salvadoran national who was deported from Maryland. Reps. Robert Garcia of California, Maxwell Frost of Florida, Yassamin Ansari of Arizona … Read more
Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! Summer dressing sounds easy until it’s actually summer. Shorts can be unpredictable (riding up, cutting off circulation or just not hitting right). And pants? They’re are a no. Finding something cute and comfortable that works … Read more
U.S. Senators Thom Tillis and John Hickenlooper have reintroduced the Proving Reserves of Others Funds Act. This act is a bipartisan bill designed to prevent crypto custodians from co-mingling customer assets with company funds and to strengthen reserve transparency requirements. The legislation, first introduced in 2023, would require digital asset institutions to undergo monthly third-party … Read more
Ethena Labs has partnered with Chainlink, Harris & Trotter, Chaos Labs and LlamaRisk, to launch proof of reserves for its synthetic dollar stablecoin. Chainlink (LINK) and the other firms joined Ethena (ENA) Labs’ initiative as the stablecoin’s proof of reserves attestors. The collaboration will help enhance transparency for the Ethena USD token. “Compared to our … Read more
President Donald Trump on Tuesday signed an executive order requiring people to provide proof of American citizenship when they register to vote and demanding that all ballots be reviewed by Election Day. The order requires government-issued proof of U.S. citizenship on its voter registration forms, directs the Attorney General to enter into information-sharing agreements with … Read more
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