Blockchain investigator ZachXBT has publicly named Shawn Liu as the key operative running scam operations at Bitget behind the scenes, calling CEO Gracy Chen merely “the face” of the company. Turning The Spotlight on Bitget’s Shadow Operator ZachXBT has escalated his long-running critique of Bitget even further, naming the firm’s founder, Shawn Liu, as its […]
Bitget is facing renewed scrutiny after Lookonchain reported that ten fresh wallets withdrew 100 million LAB tokens, worth about $480.33 million, from the exchange over a 12-hour window. The transfers represented 32.26% of LAB’s circulating supply, according to the on-chain tracker, adding fresh fuel to allegations from ZachXBT and other analysts that LAB trading activity […]
The post RWA: Real-World Asset Tokenization – Blockchain.News appeared on BitcoinEthereumNews.com.
Real-World Asset (RWA) tokenization is the process of bringing tangible and intangible assets—such as real estate, government bonds, gold, and private credit—onto the blockchain. By converting these assets into digital tokens, the industry aims to increase global liquidity, enable fractional ownership, and provide 24/7 settlement for markets that were previously slow and siloed. The Institutional “On-Chain” Wave By mid-2026, RWA tokenization has moved past the experimental phase and into the mainstream. Large financial institutions like BlackRock and Franklin Templeton have pioneered this shift with tokenized treasury funds (such as BlackRock’s BUIDL fund), which now hold billions of dollars in on-chain reserves. These products allow investors to hold a digital token that represents a share in a traditional fund, earning interest directly in their crypto wallets. Key Asset Classes in
The post Bitget Under Fire As $480m Withdrawal From Lab Sparks Allegations Of Coordinated Exchange Action appeared on BitcoinEthereumNews.com.
With a wave of suspicious on-chain transactions connected to Bitget, the crypto market is finding itself once again faced with accusations of lack of transparency and practices by centralized exchanges. Massive 500 million withdrawn from CEXs, abundant discussions about the potential “Price Manipulation” on Centralized platforms have reemerged. ZachXBT Dives Deeper into $LAB Token Scandal: Offers Bounty Following Market Manipulation Allegations Central to the controversy are allegations of collusion, opaque business practices and what some observers now call a Chinese CEX cartel dynamic at play. Another Under-Collateralised Protocol at A Glance Blockchain analytics firm Lookonchain revealed the incident after noticing a strange pattern of transactions In their analysis, they found that 10 newly created wallets withdrew a total of 100 million L
The post 10 Fresh Wallets Pull 100 Million LAB Tokens Worth $480M From Bitget appeared on BitcoinEthereumNews.com.
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 the movement on Tuesday, noting that ten fresh wallets had collectively withdrawn 100 million LAB tokens, valued at approximately $480 million, from Bitget over a 12-hour period. The withdrawn tokens represent 32.26% of LAB’s total circulating supply, a scale of coordinated movement that is unusual. Onchain data reveals ten new wallets withdrawing $480M in LAB. The withdrawal follows a turbulent stretch for LAB because earlier this month, on May 2, the token surged over 350%, climbing from roughly
The post Ray Dalio Says Bitcoin Still Fails as a Safe-Haven Asset appeared on BitcoinEthereumNews.com.
He argued that Bitcoin’s transparent blockchain makes transactions traceable, which could limit its appeal as a reserve asset for governments and central banks. Dalio also pointed out that investors often sell Bitcoin during financial pressure, unlike gold, which has historically maintained its reputation as a store of value. Ray Dalio Warns Bitcoin Is Not Replacing Gold Ray Dalio, founder of Bridgewater Associates, recently argued that Bitcoin has not lived up to expectations as a safe-haven asset during periods of financial uncertainty. In a May 11 post, Dalio explained that while Bitcoin receives enormous global attention, it still falls short of gold when markets experience stress and volatility. According to Dalio, one of Bitcoin’s biggest weaknesses is its lack of privacy. He pointed out that transactions on the Bitcoin blockchain can be traced and monitored, which may reduce it
Ten newly created wallets have withdrawn 100 million LAB tokens, worth approximately $480 million and representing 32% of the token’s circulating supply, from Bitget in a 12-hour window, adding fresh onchain evidence to an already active manipulation investigation. Exit Follows 1,000% Pump and ZachXBT Probe Lookonchain flagged the movement on Tuesday, noting that ten fresh […]
The post Circle Banks $200M From Giants Like BlackRock In Arc Token Presale, CRCL Jumps 15% appeared on BitcoinEthereumNews.com.
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo’s defining areas of expertise lies in technical analysis. He firmly believes that studying charts and d