POPCAT reaches an all-time high as its market cap soars past $1 billion. The recent rally also pushed its Commodity Channel Index (CCI) to 143.81, well above the overbought threshold of 100. Such elevated levels often signal a potential correction, prompting traders to exercise caution. Should POPCAT maintain its upward momentum and break through the … Read more
XRP whales remain undeterred despite the cryptocurrency’s recent sideways movement. Although Ripple’s associated token has shown lackluster performance in recent weeks, large investors continue to demonstrate confidence by capitalizing on price dips. Earlier today, the crypto tracking platform Whale Alert flagged a significant transaction involving a potential whale, as 30 million XRP tokens—worth approximately $17.6 … Read more
The DOJ charged Storm, alongside fellow developer Roman Semenov, with conspiring to commit money laundering, conspiring to operate an unlicensed money transmitter and conspiring to violate sanctions law by creating and operating Tornado Cash, a crypto mixing service designed to anonymize transactions. North Korea’s Lazarus Group and other criminal entities have laundered funds through Tornado … Read more
Companies like Uber and Airbnb pioneered the operator economy when they started delivering valuable services using crowdsourced infrastructure and labor. In the process, they proved that this relatively decentralized business model could compete with, and even outperform, traditional businesses. Today, the United States is home to more operating platforms than anywhere in the world, with … Read more
Cryptocurrency has become “the payment of choice for perpetrators of child sexual abuse and exploitation,” the lawmakers noted, citing a February FinCEN Trend Analysis from transactions in 2020 and 2021 and a Chainalysis report from this past January. “Existing anti-money laundering rules and law enforcement methods face challenges in effectively detecting and preventing these crimes … Read more
“The Howey test is a transaction-by-transaction analysis,” Deaton argued. “There are thousands of digital assets and thousands, sometimes millions, of transactions occurring on various blockchains. Because of this inconvenient reality, the SEC adopted an unconstitutional shortcut by effectively saying all transactions of the tokens violate securities laws.” #Warren #Rival #Senate #Race #John #Deaton #Argues #Coinbase … Read more
The yen’s devaluation didn’t impact crypto markets yet, but this could change if the BOJ steps in to prop up the currency, Noelle Acheson, analyst and author of the Crypto Is Macro Now reports, said in an email interview. A possible intervention would mean the BOJ selling U.S. dollar assets (U.S. Treasuries) to buy yen, … Read more
“Unless Federal Reserve Banks possess discretion to deny or reject a master account application, state chartering laws would be the only layer of insulation for the U.S. financial system,” Judge Scott Skavdahl wrote last month. “And in that scenario, one can readily foresee a ‘race to the bottom’ among states and politicians to attract business … Read more
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a … Read more
The new measures also seek to give people or entities with “legitimate interest,” including journalists, media professionals, civil society organizations and other competent authorities, “immediate, unfiltered, direct and free access to beneficial ownership information held in national registries and interconnected at EU level.” Beneficial ownership information refers to identifying information about entities or people that … Read more