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The dismembered corpse of a missing American crypto investor has been found in a Bulgarian sewer by plumbers attempting to fix a blocked drain. As reported by the Daily Mirror, Christian Peev was reported missing by his cousin on August 10. However, police in Sofia believe that the 41-year-old may have been murdered two days earlier by his friend Vesco Valchinov. It’s thought that Valchinov, who met Peev when he was working as a bartender, killed Peev with a dumbbell before chopping up his body and flush ing much of it down his toilet. Parts that he was unable to flush , such as pieces of bone and Peev’s head, he buried. Valchinov was arrested after police used his phone to track him to a hotel in Vitosha Mountain. Police say that another man, Konstantin Subotinov, helped him to dismember and hide Peev’s body . According to local media, Mr Peev had previously helped Valchinov with his crypto trades, leading police to suspect that the murder was motivated by money. The investigatio...

Also Read: MakerDAO’s Bold Move Into Traditional Assets Fuels MKR Token Surge advertisement Binance’s CZ Criticizes USDT Transparency Speaking in a community session on Monday, the CEO said that USDT stablecoin, despite having a large market cap, did not provide an audit report yet. It is kind of like a black box due to the risk and uncertainty around it and yet, it is by far the largest stablecoin. He explained that the Paxos partnership was aimed at resolving the same issue. In February 2023, the New York Department of Financial Services had ordered Paxos to stop creating more of the dollar-pegged stablecoin BUSD. “We are supporting multiple stablecoins given that the BUSD minting has been stopped in relation to the Paxos partnership. We are working with multiple other partners in different regions now to support the idea of further decentralization.” Binance’s Own Algorithmic Stablecoin Project CZ revealed that the cryp...

Welcome to the 122nd Weekend Shift! What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write about. OK, only Crypto ? Not necessarily. We do that Monday to Friday, so we try to explore new subjects on weekends. Feel free to join in and submit entries on Twitter. Any topic is fair game. 46 mins ago The Context: Is Binance chief CZ going to jail? The SEC’s suit backs up suspicions that CZ and execs hoped to use Binance US as a regulatory shield to keep the heat off Binance. Latest from @BennettTomlin Subscribe and read: https://t.co/KDTZ7uCT5R pic.twitter.com/le7KhkZn8r — Protos (@Protos) June 9, 2023 Starting off with the latest issue of The Context. Subscribe and read ️ 45 mins ago Okay https://t.co/szcMsR3uB0 pic.twitter.com/c16yUDJRaT — Ki Young Ju (@ki_young_ju) June 8, 2023 44 mins ago Get out of crypto platforms now, I can't say it...