Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) announced its decision on May 1 to restrict the Huione Group’s access to the American banking system after tracing roughly $4 billion in illicit funds through the Cambodian… Continue reading U.S. Treasury to Block Cambodia’s Huione From Banking Services Over $4B Laundering
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has told inactive registered crypto exchanges to withdraw their registrations or risk having them canceled. The agency is concerned that dormant exchanges could be used… Continue reading AUSTRAC Tells Dormant Crypto Exchanges to Cancel Licences Over Fraud Risk
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On April 28, Abu Dhabi institutions announced plans to launch a Dirham-pegged stablecoin under full regulation by the United Arab Emirates (UAE) central bank. The initiative is part of a larger push to… Continue reading Major Abu Dhabi Institutions Unite to Launch Dirham-Pegged Stablecoin
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Bitcoin has started to behave like traditional safe-haven assets, such as gold, after former President Donald Trump announced new tariffs on April 2. According to a report from New York Digital Investment Group… Continue reading Trump’s Tariff Chaos Strengthens Bitcoin’s Store of Value Appeal: NYDIG
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. According to an April 24 report by Silent Push, North Korean hackers linked to the Lazarus group have been tricking crypto developers into downloading damaging malware. The cybercriminals posed as three shell companies… Continue reading Crypto Developers Tricked by Shell Companies Tied to North Korean Hackers
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On April 23, the Internet Crime Complaint Center (IC3) of the Federal Bureau of Investigation (FBI) revealed a rise in crypto fraud. Losses jumped over 66% from $5.6 billion in 2023 to over… Continue reading Crypto Fraud Cost Americans $9.3B in 2024: FBI
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Ethereum exchange-traded funds (ETFs) in the U.S. recorded their largest daily inflows since February, with $38.8 million pouring in on April 22. This increase coincided with an over 10% rally in Ethereum’s price,… Continue reading Ethereum ETFs Inflow Hit Two-Month High Amid ETH Price Rally
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On April 21, Circle announced the launch of its global payments network, which will be powered by regulated stablecoins. Dubbed the “Circle’s Payments Network (CPN),” this platform is designed to enable real-time, cross-border… Continue reading Circle Unveils Global Payment Network Built on USDC and EURC Stablecoins
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On April 16, a Reuters report, supported by Russian state outlet TASS, claimed that a recent foreign freeze on Russian exchange Garantex has jolted Moscow into reconsidering its crypto stance. The Finance Ministry… Continue reading Russia’s Finance Ministry Pushes National Stablecoin after USDT Wallet Freeze
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Local Chinese authorities now sell confiscated cryptocurrency through private offshore companies, circumventing the country’s own trading ban to boost public funds amid economic challenges. Officials held approximately 15,000 Bitcoins worth $1.4 billion at… Continue reading Chinese Authorities Sells Confiscated Cryptocurrency Privately Amid Economic Slowdown
