Key Takeaways ZachXBT named Bitget founder Shawn Liu as the platform’s actual leader, relegating current CEO Gracy Chen to a figurehead role. He also warned of an imminent escalation against the “Chinese CEX cartel” in the near future. Neither Bitget nor Shawn Liu has publicly responded to ZachXBT’s allegations at press time. Turning The Spotlight
The Ethereum Foundation has withdrawn more than 21,000 ETH from Lido staking weeks after carrying out earlier unstaking activity and multiple OTC treasury sales tied to operational funding. Summary Ethereum Foundation withdrew 21,270 ETH from Lido weeks after earlier unstaking activity and OTC treasury sales. Recent Ethereum Foundation grants continued funding work tied to zero-knowledge
XRP is approaching a moment of reckoning. After months of grinding compression between descending resistance and rising support, the token is trading in the mid-$1.40s inside a narrowing symmetrical triangle that analysts say is nearing its apex. The setup is simple but consequential: either buyers force a decisive close above key resistance and unlock a
Wild rumors of a crypto ban in China started on Telegram and reached millions via Elon Musk’s X account. Thing is, it was fake news. Source link
The FCC’s proposed robocall crackdown could force carriers to verify customer identities, raising privacy concerns over anonymous phone use. The post FCC Robocall Crackdown Raises Privacy Concerns Over Mandatory ID Checks appeared first on TechRepublic. Source link
Gelephu Mindfulness City (GMC), Bhutan’s special administrative region for economic development, has introduced a fast-track licensing program for companies already regulated in jurisdictions such as Singapore, Hong Kong and the Abu Dhabi Global Market in a bid to attract global financial and digital asset firms, according to a Tuesday statement. Under the system, qualifying companies
Ethereum is doing something that looks, on the surface, like nothing. For the better part of a month, it has traded in a narrow corridor between $2,250 and $2,450, resisting the temptation to break meaningfully in either direction. As of May 11, ETH was trading at approximately $2,337 — a modest 0.54% uptick on the
Key Takeaways Lookonchain flagged 10 fresh wallets withdrawing 100M LAB tokens ($480M) from Bitget in 12 hours. The withdrawal represents 32.26% of LAB’s circulating supply, following a 370% pump earlier this month. ZachXBT previously posted a $10,000 bounty targeting LAB founder Vova Sadkov for alleged manipulation. Exit Follows 1,000% Pump and ZachXBT Probe Lookonchain flagged
In CLARITY Act news today, the US Senate Banking Committee released the full 309-page text of the CLARITY Act just after midnight on May 11, 2026, ahead of a Thursday committee hearing, and for the first time, stablecoin holders can see exactly what rules Washington wants to impose on the coins they use daily. The
Justin Sun has taken his long-awaited trip to space, four years after he bid millions for a seat on Blue Origin’s first manned mission. Source link