Auto Added by WPeMatico

279 Crypto Accounts Forfeited to US Government in North Korean Laundering Crackdown

The U.S. District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives.…

Continue Reading279 Crypto Accounts Forfeited to US Government in North Korean Laundering Crackdown

Goldman Sachs Analyst Says Consumers Under Severe Pressure as Stagflation Intensifies

Goldman Sachs analyst Scott Feiler warns of a bleak outlook for consumers as stagflation looms, with a bearish stance on consumer cyclicals and defensive stocks. Amidst the administration’s troubled Bidenomics,…

Continue ReadingGoldman Sachs Analyst Says Consumers Under Severe Pressure as Stagflation Intensifies

US Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO Warns

Ripple’s CEO, Brad Garlinghouse, has voiced concerns that the U.S. government’s scrutiny of Tether, the foremost issuer of stablecoins by market cap, could notably affect the cryptocurrency environment. His comments…

Continue ReadingUS Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO Warns

Match Systems Announces Recovery of $68 Million in Stolen Cryptex Crypto Assets

Match Systems, a cybersecurity company specializing in Anti-Money Laundering (AML) services, blockchain forensics, and investigations, recently announced the recovery of $68 million in stolen crypto assets from Cryptex, a cryptocurrency…

Continue ReadingMatch Systems Announces Recovery of $68 Million in Stolen Cryptex Crypto Assets

Bank of Canada Governor Warns of ‘Sharp Correction’ Risks in Markets and ‘System-Wide Stress’

In his speech on the release of the Financial Stability Report, Tiff Macklem, Governor of the Bank of Canada, sought to emphasize the purported strength of Canada’s financial system while…

Continue ReadingBank of Canada Governor Warns of ‘Sharp Correction’ Risks in Markets and ‘System-Wide Stress’

US Justice Department Chooses FRA Over Sullivan & Cromwell for Binance Oversight

The Justice Department has designated Forensic Risk Alliance (FRA) as the external monitor for Binance Holdings Ltd. This decision comes in the wake of Binance’s acknowledgment of breaching U.S. anti-money…

Continue ReadingUS Justice Department Chooses FRA Over Sullivan & Cromwell for Binance Oversight

Solana’s Defi Landscape to Shift With Marginfi’s Introduction of YBX Stablecoin

The decentralized lending protocol built on the Solana blockchain, Marginfi, announced the upcoming launch of YBX, which is expected to be the first notable decentralized stablecoin on Solana, aiming to…

Continue ReadingSolana’s Defi Landscape to Shift With Marginfi’s Introduction of YBX Stablecoin

Crypto Exchanges Helping Brazilian Flood Victims

Several cryptocurrency firms are stepping up to support flood victims in Southern Brazil. For example, Okx has partnered with Brazilian cryptocurrency exchange Foxbit to match donations of up to $10,000…

Continue ReadingCrypto Exchanges Helping Brazilian Flood Victims

Coingecko Study: Low-Float Cryptocurrencies Make up 21.3% of Top 300 by Market Capitalization

According to the findings of a Coingecko study, low-float cryptos currently account for 21.3% of the top 300 cryptos by market capitalization. The four cryptos with the lowest float are…

Continue ReadingCoingecko Study: Low-Float Cryptocurrencies Make up 21.3% of Top 300 by Market Capitalization