Market Updates

The increase in crypto laundering between Russia and the United Kingdom has raised alarm among financial authorities.

The $12.7 billion settlement approved by the U.S. District Judge Peter Castel requires the now-defunct exchange FTX and its sibling trading company, Alameda Research, to pay down its debt.

In its legal dispute with Ripple, the U.S. Securities and Exchange Commission (SEC) has stated that it will not appeal Judge Torres' decision.

Costa Rica's $700K Bitcoin robbery highlights a global trend in sophisticated crypto crimes, stressing the need for better law enforcement resources.

Democrats launch ‘Crypto for Harris’ to win crypto voter support, hosting a virtual town hall with top industry leaders next week.

Grayscale Investments expands with Sui and Bittensor Trusts, offering unique exposure to cutting-edge blockchain projects.

Bank of Japan pauses rate hikes due to market volatility, focusing on economic stability and inflation targets.

Hackers targeted a Paris 2024 Olympics venue and French museums, demanding a cryptocurrency ransom. Authorities are investigating, and operations continue unaffected.

Russia legalizes cryptocurrency mining with new laws signed by President Putin, allowing registered entities to mine and trade foreign digital assets on Russian platforms.

Bitcoin was not able to escape the market chaos. Prices fell from moreover $58,000 to less than $50,000 on that doomed Monday, marking the cycle's greatest decline.