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Minnesota Shooter Wrote Letter Claiming Tim Walz Told Him to Kill Amy Klobuchar
Gaming Gear

Minnesota Shooter Wrote Letter Claiming Tim Walz Told Him to Kill Amy Klobuchar

by admin June 21, 2025


Vance Boelter, the man accused of killing a member of the Minnesota legislature and her husband, and severely injuring another Democratic legislator and his wife, was a prepper who told his family to flee to neighboring Wisconsin if anything bad happened, according to a new report from the Star Tribune. The alleged killer even claimed Minnesota Gov. Tim Walz instructed him to kill Sen. Amy Klobuchar in a letter the newspaper described as “rambling and conspiratorial.”

The letter is described as 1.5 pages long and “incoherent,” claiming that Boelter was secretly trained by the U.S. military “off the books.” The letter was found in Boelter’s car, according to the Star Tribune, and says that Walz wanted Klobuchar killed so that the governor could run for senate, something he’s expressed no desire to do. There’s no evidence anything in the letter is true, but that hasn’t stopped conspiracy theorists on X from insisting it’s evidence that Boelter is actually left wing.

The 57-year-old Boelter allegedly killed state Rep. Melissa Hortman and her husband in the early morning hours of June 14 disguised as a police officer. Boelter wore a mask and repeatedly shouted “This is the police. Open the door,” after arriving at the home around 2:00 a.m. local time. After killing Hortman and her husband he moved on to the home of state Sen. John Hoffman and his wife. Police first thought Boelter was a fellow officer when they arrived but figured it out and exchanged gunfire, according to court documents.

Boelter’s apparent desire to be prepared for extremist scenarios shows up repeatedly in the unsealed court documents. A police search of Boelter’s car found “semi-automatic, assault-style rifles, as well as a large quantity of ammunition organized into loaded magazines,” along with wound treatment supplies and eye masks for sleeping.

Boelter, who harbored far-right extremist views on everything from abortion to LGBT rights, allegedly told his family about a “bailout plan” if anything happened, according to the Star Tribune, which his wife may have followed. Police used cellphone tracking to determine the location of Boelter’s wife later in the morning of June 14 and found her at 6:18 a.m., according to court documents. She was pulled over and consented to a search of her phone, which revealed that she and others in the family received a text that read, “Dad went to war last night… I don’t wanna say more because I don’t wanna implicate anybody.”

Boelter apparently told his family to leave their house because he was afraid police would come looking. Another text to his family read: “Words are not gonna explain how sorry I am for this situation… there’s gonna be some people coming to the house armed and trigger-happy and I don’t want you guys around.”

Police found two handguns in the car of Boelter’s wife along with about $10,000 in cash, according to the documents. Her passport and passports for her children were also in the car.

In one of the most interesting details from the case, Boelter allegedly used data broker websites that compile information on private citizens to figure out where to find his targets. The list of targets included dozens of people. According to the court filing, the websites Boelter listed in a notebook included:

  • Truepeoplesearch
  • Spokeo
  • Pipl
  • Peoplefinders
  • Beenverified
  • Whitepages
  • Truthfinder
  • Intelius
  • Ownerly
  • USsearch
  • Peoplelooker

Boelter faces faces six federal charges for the shooting and local prosecutors have said they plan to pursue a first-degree murder charge against the man. There was an outcry on social media after it was revealed Hennepin County prosecutors had only filed second degree murder charges but first degree murder can only be brought in Minnesota after evidence is presented to a grand jury.



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June 21, 2025 0 comments
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Coinbase, crypto, Gemini
NFT Gaming

Gemini Slams CFTC’s 7-Year Lawfare Campaign In New Letter

by admin June 18, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Gemini has accused the Commodity Futures Trading Commission (CFTC) staff of waging a “trophy-hunting lawfare” campaign based on “fabricated” statements and unfairly weaponizing the Commodity Exchange Act (CEA) against the crypto exchange for over seven years.

Gemini Slams DOE Staff Conduct

Last week, Gemini Trust sent a letter to the Commodity Futures Trading Commission’s Inspector General, Christopher Skinner, to raise multiple concerns and complaints about the agency’s Division of Enforcement (DOE) conduct against the crypto exchange over the past seven years.

The June 13 letter accuses the DOE staff of “selectively and unfairly” weaponizing the Commodity Exchange Act to “bring dubious false statements charges against Gemini Trust” and “taking a series of legal positions that are contrary to basic principles of due process and good governance.”

Gemini’s letter to Inspector General Skinner. Source: Eleanor Terret on X

In 2022, the CFTC sued Gemini, claiming that the exchange issued “false and misleading statements” regarding its actions to prevent market manipulation in Bitcoin (BTC) prices in 2017.  The complaint alleged that the crypto exchange gave deceiving information to the CFTC as it evaluated a possible self-certification for a BTC futures contract.

In January 2025, Gemini Trust agreed to pay $5 million to the CFTC to resolve the allegations. However, it claims in Friday’s letter that it didn’t settle because it had done anything wrong, but rather “because it had no other choice” at the time.

According to Gemini, the agency’s staff conduct over the past seven years shows that its “trophy-hunting lawfare” was not motivated by a desire to protect the commodities markets. Instead, it was allegedly driven by the DOE personnel’s “selfish desire to advance their careers by misusing their offices to obtain a high-profile ‘win.’”

Additionally, the company argues that the DOE ignored the fact that Gemini Trust was “the victim of fraudulent activity by multiple bad actors” or that the claims originated from a “lie-riddled whistleblower submission by a discredited former employee,” former CPO Benjamin Small, who reportedly embarked on a “vindictive campaign” after he was fired.

Based on this, the letter claims that the DOE Staff consistently abused their office and willingly burned millions of dollars of taxpayer money to sue an “innocent party” and “pursue fabricated and manufactured claims against Gemini Trust.”

CFTC To Restore Regulatory Clarity

The crypto exchange also claimed that “there is something deeply wrong with the DOE and its culture,” adding that it is well known that the division is “out of control” with a “toxic” philosophy.

They consider that the public statements and remarks from CFTC acting chair Caroline Pham have shown how the DOE “has lost its way.” Recently, she criticized the previous administration’s “regulation by enforcement” approach, affirming that the agency is working to restore regulatory clarity.

As reported by Bitcoinist, Pham slammed the Securities and Exchange Commission (SEC) and the CFTC’s previous reinterpretation of existing laws to persecute what they perceived as “bad” or “evil” sectors, like crypto and blockchain technology.

The agency’s acting chair claimed that the CFTC will no longer “twist the law to criminalize an asset class or a technology,” focusing instead on its “core mission” to catch bad actors and prevent fraud, manipulation, and scammers in the market.

However, she clarified that regulations won’t be easy on the crypto industry, or anybody, despite the agency’s new pro-innovation approach. As such, “restoring the well-settled legal precedents, how the CFTC has applied and interpreted the law for decades,” has been a priority under her leadership.

Gemini Trust concluded in the letter that the CFTC’s transformation “will require serious introspection and long-term commitment from the agency as a whole to ensure that this bad-faith behavior never happens again,” and offered to “assist the Commission and Inspector General in whatever capacity they would deem helpful.”

Bitcoin trades at $105,048 in the one-week chart. Source: BTCUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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June 18, 2025 0 comments
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Your character's attribute letter grades in Elden Ring Nightreign don't really mean much, but you can still use them to your advantage
Game Reviews

Your character’s attribute letter grades in Elden Ring Nightreign don’t really mean much, but you can still use them to your advantage

by admin June 11, 2025


Elden Ring Nightreign is, at its core, an RPG with character stats that grow each time you level up. Because of the rapid pace of runs, however, FromSoftware simplified that process and turned it into a one-button affair.

When you reach a Site of Grace, you press that to gain new levels, without having to worry about stat allocation. The game does that in the background, though in different ways depending on your chosen class.

But what about those starting attributes and their letter grades? Well, it’s complicated.


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FromSoft dataminer and all-around Souls investigator, Zullie the Witch, have revealed some interesting details about the way stats and levelling work in Nightreign. Their latest video attempts to show the true stats of each of the game’s different classes.

Each class has an attributes screen that lists a few of the more common stats: HP, FP, Strength, Faith and so on. It also assigns a letter grade to each to signify which areas of that spectrum they’re strong/weak in. It does this, however, without revealing any hard numbers, or really explaining what each grade corresponds to.

As you may have already guessed, each class does have a traditional stats screen, which we see in the Zullie’s latest video. Looking at that screen, you can also see that the jump from level 1 to 2 is the biggest across the entire system, with level 12 being the softcap.

Watch on YouTube

The true nature of each class, of course, is dictated by which attributes they favour, but the grading system itself does not appear to follow a set formula. The Duchess, for instance, has a B in in DEX and an A in INT, despite their values being almost identical.

The video also reveals that Relics that boost attack stats are more powerful at lower character levels, but tend to not matter much once you upgrade your weapon, and gain damage bonuses through other sources.

As Zullie points out in the video, of course, Nightreign’s random nature doesn’t make it easy to target specific builds, but knowing each characters’ true stat sheet means you can better pick Relics and other items that you know will benefit your class the most.

In other Nightreign news, the game received a new update yesterday that brought a couple of balance changes, as well as some bug fixes. It’s not a big one, but more is on the way. For more on FromSoft’s latest, hit up our mega Elden Ring Nightreign guide for some juicy tips and walkthroughs.



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June 11, 2025 0 comments
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Bitcoin ETF Issuers VanEck, 21Shares and Canary Send Letter to SEC
NFT Gaming

Bitcoin ETF Issuers VanEck, 21Shares and Canary Send Letter to SEC

by admin June 6, 2025


Three major financial firms, VanEck, 21Shares, and Canary Capital, sent a letter to the U.S. Securities and Exchange Commission (SEC), raising concerns about how new exchange-traded funds (ETFs) are approved.

According to the letter, shared by James Seyffart on X, the SEC previously followed a “first-to-file, first-to-approve” rule when deciding which ETFs could launch. The crypto ETF issuers that submitted an application for an ETF initially were typically approved first, which allowed them to have an edge over others.

The same happened with the introduction of Bitcoin and Ethereum ETFs, where top ETF issuers had the upper hand at the beginning. 

However, according to VanEck, 21Shares, and Canary Capital, the SEC is now adopting a different method, which is harming small firms and slowing growth in the ETF market.

In their message to SEC Chairman Paul Atkins, they mention that the move makes it difficult for small or new firms to compete with the more established firms. 

If top companies have the advantage, they will attract more investors and control a bigger piece of the market, which reduces the availability of ETFs that could profit traders.

If smaller firms can launch new ETFs more easily, investors might get more products that interest them or which could offer higher returns.

Seeking fair crypto ETFs approvals

The firms also warn that the SEC’s current approach could discourage companies from creating new ETFs altogether, which would limit choices for investors. They want the SEC to modify its process so that it is fairer and inspires more new crypto ETF issuers.

If the SEC pays attention, traders and investors would benefit from more ETF options, which could help them get better returns and better manage their risks. Right now, no statement from the SEC has been made about the situation.

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Moreover, the letter was sent to other commissioners, like Hester Peirce, who has expressed interest in clearer crypto legislation. Should the U.S. regulator accommodate these suggestions, intending crypto ETF issuers can file early to have an edge since the approval timeline has become more predictable.

Meanwhile, spot BTC and ETH ETFs continue to register mixed performances. For instance, BlackRock’s BTC ETF failed to register any inflow in the last day despite leading in inflows over the past few months.



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June 6, 2025 0 comments
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Arca exec writes scathing letter to Circle post-IPO
Crypto Trends

Arca exec writes scathing letter to Circle post-IPO

by admin June 5, 2025



Circle is facing criticism from Jeff Dorman, chief investment officer at digital asset investment firm Arca, over a $135,000 allocation to the company during the stablecoin issuer’s recent initial public offering.

In an open letter posted to social media, Dorman accused Circle and its leadership of poor judgment, calling the allocation “inappropriate” and announcing the closing of all Arca’s accounts with Circle.

According to Dorman’s post, Arca was granted only a $135,000 participation in its $10 million order on the offering. Dorman said Arca was one of the first entities to make an offer. The executive said the company is one of Circle’s earliest backers and held steady even amid rumors of Circle delaying its IPO plans due to the macroeconomic shock of tariffs. The letter read:

“Arca has been through hell and back like every other crypto-native firm for the last eight years. Most of us stick together and help each other. I cannot believe our efforts to help you grow for years culminated in you giving us a joke, throwaway allocation. You are the first and only crypto company that has ever treated Arca this way.”

“Most of Arca’s management team left Wall Street eight years ago to start a crypto-native company specifically to get away from TradFi clowns like you. Ironically, you’ve come full Circle,” the letter continued.

Source: Jeff Dorman

Dorman also said that Arca was closing all accounts with Circle and would discourage other companies from partnering with the stablecoin giant.

Circle made its public debut on June 5 after listing on the New York Stock Exchange (NYSE) and is considered by industry professionals to mark a significant milestone for the crypto sector, as the issuer of the second-largest stablecoin by market capitalization opens up to liquidity from traditional finance.

Full open letter to Circle. Source: Jeff Dorman

Related: BlackRock eyes 10% stake in Circle’s IPO — Report

Circle raises IPO target twice during sale

Circle launched its IPO on May 27 and announced an initial target of 24 million shares, with the company issuing 9.6 million shares of Class A Common Stock and existing early investors providing the remaining 14.4 million shares.

On June 2, the stablecoin company increased its IPO target to 32 million shares, with the goal of raising $892 million. Circle raised its target again on June 4, boosting the IPO offering to 34 million shares at $1.05 billion. The company’s stock soared by more than 200% during its first hours of trading on the NYSE exchange.

This is a developing story, and further information will be added as it becomes available.

Magazine: TradFi is building Ethereum L2s to tokenize trillions in RWAs: Inside story 



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June 5, 2025 0 comments
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Breaking Solana, Ethereum Staking Etfs Hit Roadblock With New Sec Letter
GameFi Guides

Solana, Ethereum Staking ETFs Hit Roadblock with New SEC Letter

by admin May 31, 2025



The plan to launch two new crypto ETFs tied to Solana and Ethereum has hit a snag after the U.S. Securities and Exchange Commission (SEC) raised concerns that they are not fit for ETFs

On Friday, SEC reportedly sent a letter to RexShares, the company behind the ETFs, saying that the ETFs do not fit the legal definition of an “investment company.” That’s a requirement for any ETF that wants to be traded on the stock market.

The SEC also said the registration forms may have been “improperly filed” and that some of the information shared could be “potentially misleading.” In short, the agency thinks parts of the paperwork could confuse investors.

Meanwhile, Rex shared that it got a green light to launch the ETFs and was hoping to start trading both by the middle of June. Now, that plan might be delayed. The ETFs were initially created to allow inventors to earn rewards through staking. In simpler terms, Investors could earn extra crypto by locking up their assets which in turn would be used to run the blockchain network. 

In response to this, Greg Collett, a general counsel at Res Financial said, “We think we can satisfy the SEC on the investment company question, and we don’t intend to launch the funds until we do that.” This means REX is prepared to work with SEC on this issue before moving forward with the launch. 

Bloomberg ETF analyst James Seyffart shared some details of the letter on X. He explained that the agency’s main issue is with Rule 6c-11, also known as “The ETF Rule.” This rule allows ETFs to launch quickly without going through a lengthy approval process. According to Seyffart, the SEC believed these staking ETFs don’t qualify under this rule, which could prevent them from listing. 

Meanwhile, this is not the first time the agency will intervened in such an event. In March 2025, the SEC publicly questioned an ETF from State Street and Apollo Global Management that invested in private credit just hours after it was listed.

Also Read: Meta Says No to Bitcoin Treasury, Is Ripple’s XRP on Cards?



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May 31, 2025 0 comments
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Open letter slams Gamescom Latam's treatment of Brazilian developers
Esports

Open letter slams Gamescom Latam’s treatment of Brazilian developers

by admin May 28, 2025


Over 250 Brazilian developers have slammed support at the recent Gamescom Latam conference, raising concerns over the “treatment that Brazilian developers received at the event.”

In an open letter (translated into English here – thanks, GameDeveloper), exhibitors in the Panorama Brasil section say they were particularly poorly treated, including being expected to be at their booths for 12 hours a day, “with penalties for leaving the booth,” which the signatories deem “completely unfeasible.”

“Events around the world promote and support independent developers from their own countries,” the letter, signed by Game Devs Unidos, said. “Helping small developers, who are often showcasing their first game, is the first step toward building a healthy industry from the ground up.

“In Brazil, several events already fulfill this role. Even events abroad recognize and support Brazilian developers through incentives. However, it is felt that Gamescom still has much to improve in this regard.”

Complaints include “exorbitantly priced” booths, high fees for TV rentals, lack of staff to assist developers, charging for power strip rentals, lack of support for food and transportation, absence of chairs and resting areas, all of which is called “inadequate for the current standard of national and international events that position themselves as promoters of the local industry.”

“This harms precisely those who most need the support, such as the exhibitors in the Panorama Brasil section,” the complainants insisted. “This situation becomes even more pronounced when compared to the treatment given to some of the international guests, whose travel and accommodation are often covered, along with other incentives.”

Improvements suggested by attendees include: transportation assistance for developers exhibiting in the Panorama Brasil section, the BIG Festival, and for speakers, including those from São Paulo; meal vouchers for all developers in the Panorama Brasil section, BIG Festival participants, and speakers; a rest area for developers, similar to the one accessible to the press; screens for game exhibitions available at no additional cost; power strips available at no additional cost, free lockers, increased security to prevent thefts, and staff to assist Panorama Brasil developers with the public, particularly to cover booths when they need to step away for bathroom breaks or meals.

The letter includes examples of comparable developer events in other countries that do offer stipends, subsistence and travel costs, and more.

GamesIndustry.biz has reached out to Gamescom Latam for comment and will update when we receive a response.

Gamescom Latam broke its own records for attendance this year, as the event welcomed more than 130,000 visitors to São Paulo from April 30 to May 4.



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May 28, 2025 0 comments
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