Lookonchain APP

App Store

ZachXBT Alerts Spartans of Risk: Founder's BlockDAG Project Suspected to Have Pivoted to Casino Business

1 hours ago

May 19, on-chain detective ZachXBT issued a warning, stating that "Gambling on Spartans is, in itself, an IQ test," and questioning the project team’s alleged long-term rug pull behavior. ZachXBT pointed out that Gurhan Kiziloz, a key figure tied to Spartans, previously ran BlockDAG Network—an entity that hadn’t launched its mainnet or mining products in years. Even so, the team pushed a presale touting "300x returns" and secured at least $3.5 billion from inexperienced retail investors. He further noted that BlockDAG has recently pivoted to a gambling-focused business model, raising suspicions that the platform may be used to "legitimize BlockDAG’s fund origins," including routing funds through excessive fees paid to employees and KOLs. Prior to this, several community members and content creators had publicly criticized Spartans’ marketing strategies and lack of operational transparency, cautioning users about potential rug pull risks.
Relevant content

Binance Alpha New Airdrop Point Threshold Announcement: At Least 240 Points

Binance Alpha will launch Zest Protocol on May 19th at 13:00 UTC, and ZEST trading will go live at that same time. Users holding at least 240 Binance Alpha Points can claim 800 ZEST tokens on a first-come, first-served basis. If the full reward pool of ZEST isn’t fully claimed, the required claim threshold will automatically decrease by 5 points every 5 minutes. Key notes for the claim process: You’ll need to spend 15 Binance Alpha Points to submit your airdrop claim. You must confirm your claim on the Alpha Events page within 24 hours of the launch time—if you miss this deadline, you’ll forfeit your eligibility for the airdrop entirely.

1 seconds ago

BSC Releases Post-Quantum Cryptography Migration Report: Transaction Signatures Have Been Upgraded to ML-DSA-44, TPS Decrease Approximately 40%-50%

BNB Chain Post-Quantum Migration Update (May 19) On May 14, BNB Chain released its *BSC Post-Quantum Cryptography Migration Report*, as announced publicly on May 19. The report confirms that the project has successfully completed post-quantum cryptography (PQC) migration testing for two critical BSC layers: transaction signatures and the consensus layer. The migration leverages two NIST-standardized quantum-resistant solutions: the ML-DSA-44 (Dilithium) signature algorithm and the pqSTARK aggregation scheme. Per the document, BSC has upgraded its cryptographic systems: transaction signatures now use ML-DSA-44 in place of ECDSA, and consensus voting aggregation has shifted from BLS12-381 to pqSTARK. This change is designed to mitigate the long-term threat quantum computing poses to the elliptic curve cryptography systems widely used in today’s blockchains. However, the adoption of post-quantum signatures has significantly increased on-chain data volume, with tangible tradeoffs:

1 seconds ago

Ministry of Foreign Affairs: China and the United States Agree to Conduct Government-to-Government Dialogue on Artificial Intelligence

May 19 — Guo Jiakun, spokesperson for China’s Ministry of Foreign Affairs, hosted a regularly scheduled press briefing Wednesday. A reporter asked: Reports indicate that during their bilateral meeting, the leaders of China and the United States discussed approaches to regulating artificial intelligence and committed to holding dialogue and cooperating on the technology. What is China’s response to this? Guo Jiakun stated: As two world leaders in artificial intelligence development, China and the U.S. should work together to advance the responsible development and governance of AI, ensuring the technology serves the progress of human civilization and the common well-being of the global community. “During President Trump’s visit to China, the two leaders had a constructive exchange about artificial intelligence and agreed to launch a government-to-government dialogue on AI,” Guo said.

1 seconds ago

US Crypto Regulation Shifts: From SEC Enforcement to Congressional Legislation, with Stablecoins at the Core

May 19 — A new industry analysis finds the U.S. is gradually shifting its approach to cryptocurrency, moving from "enforcement crackdowns" to establishing a formal regulatory framework. Over the past several years, the SEC has primarily overseen the crypto space through lawsuits and enforcement actions, but the lack of unified rules has left the market stuck in long-term legal uncertainty. Right now, U.S. Congress is ramping up efforts to pass digital asset legislation, aiming to clarify which tokens qualify as securities versus commodities and assign clear regulatory oversight to the right agencies. The analysis notes this signals Washington is no longer debating whether to allow the crypto industry to exist — instead, it’s focusing on how to regulate it and capitalize on its potential benefits. Stablecoins are a major driver behind this policy shift. Since U.S. dollar-pegged stablecoins tie directly to U.S. Treasuries, the domestic payment system, and the dollar’s global standing,

1 seconds ago

OKX will list perpetual swaps for SOXL, NBIS, QCOM, and CSCO stocks.

OKX will officially launch Stock Perpetual Swaps for eligible jurisdictions across its web interface, mobile application, and API on May 19, 2026. All listed launch times follow the UTC+8 time zone: - SOXL/USDT Contract Trading Launch Time: May 19, 2026, 5:00 PM UTC+8 - NBIS/USDT Contract Trading Launch Time: May 19, 2026, 5:15 PM UTC+8 - QCOM/USDT Contract Trading Launch Time: May 19, 2026, 5:30 PM UTC+8 - CSCO/USDT Contract Trading Launch Time: May 19, 2026, 5:45 PM UTC+8

1 seconds ago

Republican Lawmaker Proposes Adding 'Permanent Ban on CBDC' Provision to '21st Century Housing Development Act'

May 19 — U.S. Republican lawmakers are pushing to add a "Permanent Ban on Central Bank Digital Currency (CBDC)" provision to the "21st Century ROAD to Housing Act." The U.S. House of Representatives is expected to vote on the measure this week. Republicans have long opposed the Federal Reserve rolling out a retail digital dollar, contending that a CBDC would expand government surveillance of financial transactions, erode individual privacy, and jeopardize the existing banking system’s structure.

1 seconds ago