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Showing posts from October, 2026

How to Check if a BSC Token Is a Honeypot

A BSC token is a honeypot when you can buy it but cannot sell it. To check, read the verified contract for sell restrictions, look for owner-controlled fees and blacklists, review who holds the supply and the liquidity, and confirm that other wallets have sold successfully. No single signal is proof, so combine several checks before deciding. What is a honeypot token on BNB Smart Chain? A honeypot is a token contract built so that buyers can enter but cannot exit. The chart may look healthy, because every trade is a buy, and new buyers see a price that only goes up. When someone tries to sell, the transaction fails, or it goes through with a hidden tax so high that almost nothing comes back. The people who control the contract can then remove the liquidity and leave holders with tokens that cannot be swapped. On BNB Smart Chain, honeypots are common because creating a BEP-20 token and pairing it with liquidity on a decentralized exchange is cheap and fast. Most of them follow a smal...

Russia blocks Bitcoin transfers to self-custody wallets

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As the Bank of Russia moves to regulate the mainstream adoption of cryptocurrency in the country through the Federal Law No. 282-FZ, which sets the legal rules for cryptocurrencies and digital rights in Russia, the central bank has established that transactions must be conducted strictly through state-supervised intermediaries and organized trading. The Bank of Russia updated that transfer of digital currency including Bitcoin (BTC), Ethereum (ETH) and XRP to non-custodial or self-custody crypto wallets – applications that generate, store, and use users’ private keys locally to sign transactions directly on a blockchain – is prohibited, according to its October 12, 2026, note, which Finbold analyzed on October 15.  Explanation of crypto transfer to self-custody wallets. Source: Central Bank of Russia The Bank of Russia also clarified that crypto transfer from a digital account to a non-custodial wallet of the same individual is not permitted under the ...

Juventus FC stock down 30% since Tether investment

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Tether invested in Juventus, Italy’s most successful football club, in February, 2025, taking an 8.2% stake. Since then, the buying has continued, with the stablecoin giant now holding over 11% of total Juventus shares and 7% of voting rights. Since Tether’s original investment, however, Juventus’s stock is down over 30%. Tether pushed for total ownership of “The Old Lady” after acquiring its initial shares, but majority owner Exor unanimously refused to sell. Despite this, the world’s largest stablecoin has gotten something in return for its substantial purchase. Tether Investments: What a $100B stablecoin empire does with its profits Read more: What the Tether audit means for the crypto industry Director Garino enters the picture While it may appear as though Tether invested heavily in Juventus without any reward, the reality is far more bizarre. In return for its over 11% stake in the club, Tether was able to get one of...

Strategy has burned through 64% of its STRC rescue fund

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Strategy, Michael Saylor’s BTC treasury company, has expended 64% of its once-$2 billion fund to repurchase STRC. After 10 weeks of trying to force its price higher, the company has already spent $1.28 billion and, as of Monday’s filing, had less than $724 million left. STRC was supposed to sustain a $100 per share price, but hasn’t for most of its trading history. When pitching it, Saylor and Strategy’s CEO have irresponsibly likened it to a high-yield bank account or money market, talking about its generous dividends while downplaying the risk that the share price could collapse. In fact, STRC has spent more than a month trading in the $70s and $80s per share, and shares have traded below $99 on the majority of trading days over the past year. Chart of STRC, trailing 12 months. Source: TradingView Even though Strategy’s $2 billion Digital Credit Securities Repurchase Program technically allows repurchases of three other Strategy stocks — STRF, STRD, an...