Crypto Advocates Renew Stablecoin Rewards Push as Market Structure Bill Nears Key Senate Vote Crypto advocates are renewing their push to protect “stablecoin rewards” as the Senate Banking Committee nears a key markup vote on a crypto market structure bill next Thursday, according to statements included in the discussion around the legislation. The group said…
Alleged Crypto Scam Kingpin Arrested in Cambodia After $12 Billion Bitcoin Seizure Chen Zhi, accused of masterminding a large-scale “pig butchering” crypto fraud ring, has been arrested in Cambodia, according to the provided information. U.S. authorities previously indicted Zhi in October, charging him with wire fraud and conspiracy to commit money laundering. The case has…
The ultra wealthy feel like they’ve missed out on crypto riches — and Binance’s founder says to stop chasing “10x overnight” bets Changpeng Zhao, the cofounder and former CEO of Binance, used X (formerly Twitter) to push back on a question he says he gets repeatedly: where the next “big opportunities” will be. Zhao said…
Former Brazil central bank official unveils real-pegged stablecoin with yield sharing Tony Volpon, a former official at the Central Bank of Brazil, has unveiled BRD, a stablecoin designed to track the Brazilian real and share yield with holders. According to the information provided, BRD will be backed by Brazilian government debt, linking its reserves to…
**Murder Conviction Stands in Knife Fight Appeal** North Carolina appeals court upholds Gary Earl Jenkins’ second-degree murder conviction for fatally stabbing a man during a drug-fueled parking lot brawl, rejecting claims of trial errors on jury instructions and evidence review. This unpublished ruling reinforces strict standards for lesser charges like involuntary manslaughter, signaling prosecutors’ edge…
**NC Court Backs Juror Swaps in Drug Bust Trial Chaos** North Carolina’s appeals court just greenlit a drug trafficker’s conviction despite a mid-deliberation juror swap, ruling the jury followed orders to wipe the slate clean and restart from scratch. This follows the state Supreme Court’s bombshell in Chambers upholding the practice, slamming the door on…
The ultra wealthy feel like they’ve missed out on crypto riches — and Binance thinks it has a solution Arthur Hayes on Tuesday night urged major exchanges Binance and Bybit to list River (RIVER) after the token hit a record high of around $24.60. The comment reflects a familiar dynamic in crypto markets: exchange listings…
Teacher’s Child Assault Conviction Stands After Evidence Fight. North Carolina’s Court of Appeals upheld Caitlin Hoffman’s misdemeanor conviction for assaulting a four-year-old daycare student, rejecting her challenges to prior bad acts testimony, police vouching, and prosecutors’ language. The ruling reinforces strict limits on “accident” defenses in child harm cases, letting courts admit past rough behavior…
Alleged Crypto Scam Kingpin Arrested in Cambodia After $12 Billion Bitcoin Seizure Chen Zhi, the alleged mastermind of a “pig butchering” crypto fraud ring, has been arrested in Cambodia, according to the information provided. Zhi was indicted by the U.S. Department of Justice in October and charged with wire fraud and money laundering conspiracy. Separate…
**NC Appeals Court Dismisses Meth Conviction Challenges** North Carolina’s Court of Appeals shut down Billy Hodges Jr.’s bid to overturn his methamphetamine possession conviction and habitual felon plea, ruling his appeals procedurally flawed on all fronts. This routine criminal procedural smackdown underscores how strict appellate rules can seal fates without touching merits, a reminder that…
**NC Court Backs Revenge Shooting Conviction in Shotgun Case** North Carolina’s Court of Appeals upheld a 9-year prison sentence for Raquon Hayes, convicted of attempted first-degree murder after blasting his former best friend with a shotgun the day after a fistfight. The unpublished ruling rejects claims of insufficient evidence and botched jury instructions, affirming that…
Barclays Invests in US Stablecoin Startup Ubyx Barclays has bought a stake in U.S. stablecoin-settlement company Ubyx, marking the British bank’s first investment in a stablecoin-related business, Barclays said on Wednesday. The bank described the move as part of its broader plans to explore “new forms of digital money”. Barclays announced the stake purchase in…
**Nursing Board Clash Dismissed: No Crypto Link** North Carolina’s Court of Appeals just tossed a nurse’s appeal against the state Board of Nursing, ruling it premature since a lower court only remanded the case for more review—not a final call. This procedural smackdown highlights how appeals courts guard against piecemeal litigation, but it carries zero…
### Court Greenlights Landfill Amid Zoning Clash North Carolina’s appeals court just slammed the door on Charlotte’s zoning board, forcing approval of a massive 62-acre landfill project after overturning a denial. Developers won big when judges ruled city regs trapped them in a no-win bind between local ordinances and state road bosses. This rare win…
Wall Street and Bloomberg Strategist Split on 2026 Crypto Outlook After 2025 Pullback Two prominent market voices are offering sharply different expectations for crypto in 2026, underscoring how unsettled sentiment remains after a major downturn from 2025 highs. Mike McGlone, Bloomberg Intelligence’s senior commodity strategist, said the market’s recent cycle was heavily influenced by political…
### NC Court Frees Smithfield Funds from School Mandate North Carolina’s Court of Appeals just slammed the door on a taxpayer push to hijack environmental grants for public schools, reversing a lower court’s order in a blockbuster ruling. The decision upholds a 2000 Smithfield Foods deal funneling up to $2 million yearly into eco-projects, not…
**Option Contracts Enforced: NC Court Forces Estate Sale** North Carolina’s Court of Appeals just slammed the door on estate executors dodging real estate option deals, affirming summary judgment that forces the sale of 41.6 acres to renters for a locked-in $136,000. Tenants David and Kim Peace nailed their contractual right to buy after the landlord’s…
### Jury Torches Wholesaler: $1.6M Battery Blast Verdict Stands A North Carolina appeals court slammed the door on Midwest Goods’ escape bid, upholding a $1.63 million jury verdict against the vaping battery wholesaler for negligence after a lithium-ion cell exploded in a worker’s pocket, scorching his legs. This unpublished ruling reinforces product liability chains, piercing…
CoinDesk 20 Performance Update: Uniswap (UNI) Falls 1.5% as Index Trades Lower The CoinDesk 20 index traded lower in the latest daily update from CoinDesk Indices, with Uniswap’s UNI among the weakest components. UNI fell 1.5%, making it the index’s top laggard on the day. Hedera (HBAR) also underperformed, down 1.4% from Tuesday, as the…
**Dissolved LLCs Can’t Chase Contracts from the Grave** A North Carolina appeals court slammed the door on a dissolved LLC’s bid to sue over a boat sales contract, dismissing the appeal on a technicality that underscores the brutal finality of corporate dissolution. Maritime Advisors, a separate entity from the actual contract signer Marine Industry Advisors…
