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China Proposes a Triple-Path Framework for Handling Criminal Crypto Assets China’s Supreme Procuratorate has outlined a new judicial model to standardize how seized crypto assets are disposed of, aiming for tighter control, clearer procedures, and better victim protection. Three approved routes: Liquidation: Sell assets via tightly regulated third parties; funds go to victims first, then state accounts. Destruction: Permanently remove illicit tokens to prevent re-circulation. Return: Give assets back to victims or lawful owners when ownership is clear. How it works: One-time, non-public mandates for vetted third-party institutions On-chain, pre-auction pricing to reduce manipulation Joint technical and legal standards from courts and regulators Continuous oversight, reporting, and objection mechanisms Why it matters: If adopted, this would be one of the most detailed state-level systems for criminal crypto asset management—combining strict control, transparency, and victim restitution while limiting market impact.
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StarkWare CEO Questions Ethereum’s Builder Culture A cultural shift inside crypto’s developer ecosystem is becoming harder to ignore. After attending Solana Breakpoint, StarkWare CEO Eli Ben Sasson said Solana developers showed strong interest in Starknet and zero-knowledge technology, with many eager to deploy, learn, and collaborate. He noted the atmosphere felt noticeably more open and builder-focused than what he has experienced at recent Ethereum conferences. Similar concerns were raised earlier by Polygon co-founder Sandeep Nailwal, who pointed to growing frustration with segments of Ethereum leadership that, in his view, reward conformity over experimentation. Critics argue that what is often presented as diversity increasingly reflects a narrow set of voices influencing key technical and strategic decisions. People close to builder communities say this trend is less about choosing one chain over another and more about culture and incentives. Teams prioritizing shipping, execution, and autonomy are gravitating toward ecosystems that feel pragmatic, welcoming, and results-driven. If Ethereum wants to remain a center of innovation — and not just a settlement layer — many believe its developer culture will need to evolve.
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How YGG’s Guild Protocol Turns Community Coordination Into Measurable Onchain Value
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Paradigm’s Charlie Noyes Steps Down as Partner, Remains Kalshi Advisor Charlie Noyes, Paradigm’s first employee who joined the firm at just 19, has stepped down from his role as partner. Despite the change, Noyes will remain actively involved with Kalshi and continue supporting companies backed by Paradigm and its founders. The move signals a leadership transition rather than a strategic shift, with operations and portfolio support expected to continue uninterrupted. Noyes’ ongoing advisory role at Kalshi also reinforces continuity across Paradigm’s ecosystem, even as internal roles evolve.
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Phantom Launches Pro Desktop & Web Trading Suite with Ultra-Fast Execution Phantom has unveiled a new pro-grade desktop and web trading terminal, marking a clear push beyond wallets and into full trading infrastructure. The new suite offers ultra-fast order execution with a unified interface covering memecoins, spot tokens, and perpetual contracts. Traders get TradingView-powered charts, advanced order types, and real-time analytics—all inside a single platform. One standout feature is cross-device synchronization. Layouts, settings, and preferences sync seamlessly between desktop and mobile, removing friction for traders who switch screens throughout the day. By consolidating spot and derivatives trading into one low-latency hub, Phantom reduces the need for multiple tools and positions itself as a serious competitor to established desktop trading platforms—appealing to both active retail traders and professionals looking for speed and simplicity.
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