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U.S. Treasury Seeks to Name Crypto Mixers as ‘Money Laundering Concern’

May 7, 2025 by admin

Under pressure to address reports that Hamas and other terrorist groups are partially funded with crypto, Treasury’s FinCEN proposed a rule to categorize mixers as a threat.

Categories Financial Leave a comment

Bitcoin Eyes $29K, Defying Fresh Crypto Lawsuit, Rate Fears

May 7, 2025 by admin

The New York Attorney General filed early Thursday a lawsuit against Genesis, Gemini and DCG for allegedly defrauding investors of $1 billion.

Categories Financial Leave a comment

‘Absolutely Not’: FTX’s Former General Counsel Says He Never Approved Loans of Customer Funds

May 7, 2025 by admin

Can Sun, FTX’s general counsel from August 2021 to the time of the exchange’s collapse in November 2022, testified in the Sam Bankman-Fried fraud trial.

Categories Financial Tags Ftx, Sun Leave a comment

Crypto for Advisors: What Will Trigger Crypto Mass Adoption?

May 7, 2025 by admin

Andy Baehr, head of CoinDesk Indices, discusses scenarios that could be the drivers of mass adoption in crypto.

Categories Financial Tags Bitcoin, Crypto, Etf, New, Will Leave a comment

Global Bitcoin ATM Numbers Sink to Lowest Level Since 2021

May 7, 2025 by admin

Since the end of last year, the number installed worldwide has dropped 7,000, or 17%.

Categories Financial Leave a comment

Will Lawsuit Against DCG Impact GBTC’s Chances of an ETF Conversion?

May 7, 2025 by admin

Analysts are speculating over whether the lawsuit might have any implications for its GBTC conversion chances.

Categories Financial Tags Bitcoin, Dcg, Gbtc, Grayscale, Trust Leave a comment

Matrixport Says Bitcoin Will Rise to Between $42K and $56K if BlackRock ETF Is Approved

May 7, 2025 by admin

The prediction is based on potential inflows of as much as $24 billion.

Categories Financial Tags Bitcoin, Etf Leave a comment

Bitcoin Asset Manager Onramp Unveils Multisig Platform, Adds BitGo to Custodians

May 7, 2025 by admin

With multisig security, several custodians control the private keys to the bitcoin being held. BitGo will perform this role alongside Coincover and Kingdom Trust.

Categories Financial Tags Bitcoin, Only Leave a comment

Pantera, Susquehanna and HashKey Back DEX SynFutures With $22M Funding

May 7, 2025 by admin

The funding round was led by Pantera Capital, and included participations from Susquehanna International Group and HashKey Capital

Categories Financial Leave a comment

Circle to Let Merchants Pay for Customers’ Gas Fees With Web3 Wallet Upgrade

May 7, 2025 by admin

Southeast Asian super-app Grab is currently piloting the new product to cover gas fees for its Singaporean users if they use NFT vouchers.

Categories Financial Tags Blockchain, Gas Leave a comment
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