Tether has ‘redistributed’ $108.8M in USDT from illicit activity since 2014

Dogecoin (DOGE) pared some losses versus Bitcoin (BTC) on March 10, a day after the DOGE/BTC pair fell to its lowest level since October 2022. Can DOGE price see an extended rebound ahead? On the daily chart, the DOGE/BTC pair reached 331 sats, up 4.75% compared to the previous day's low of 316 sats. The bounce…

A Supreme Court judge in British Columbia (BC), Canada, has denied a motion to set aside an asset freeze, which was requested by the defendants in a multimillion dollar cryptocurrency fraud case.The defendants had filed to set aside an interim preservation order that was issued by the British Columbia Civil Forfeiture Office in order to…

The U.S. Justice Department has published another report on crypto crime with detailed recommendations for legal reform; it has also formed a network of experts to advise offices. 133 Total views 11 Total shares The United States Department of Justice (DOJ) published its latest report in response to President Joe Biden’s March executive order (EO)…

Entrepreneur Alex Mashinsky thinks a bet on Bitcoin in the current financial crisis is a bet “that the deflationary pressures will win”. 1229 Total views 32 Total shares Alex Mashinsky, chief executive officer (CEO) of cryptocurrency lending platform Celsius Network, thinks Bitcoin (BTC) hasn’t become enough of a non-correlated asset for investors to turn to…

Optimism (OP) is a Layer 2 scaling solution, which operates as a separate blockchain built on top of Ethereum. Despite having a smaller total value locked (TVL) than its rivals, Optimism may still have the potential to thrive in the increasingly competitive DeFi landscape. Being one of the pioneers in the DeF space, Optimism initially gained…

The latest news has left the decentralized finance community in a collective fetal position. Responding to the threat of increased regulatory oversight, leading decentralized exchange Uniswap recently restricted the trading of certain tokens. Earlier in July, Dan M. Berkovitz, chairman of the Commodity Futures Trading Commission (CFTC), said that DeFi derivatives platforms might contravene the…

Japan’s first On-Demand Liquidity (ODL) service implementation helps Ripple to drive the adoption of crypto-enabled services. Showcasing the use of cryptocurrency in monetary transfers, Ripple has become a known partner for traditional institutions that wish to revamp their cross-border remittance services. Taking this vision further ahead, Ripple announced a new partnership with Japan’s SBI Remit…

Everipedia price spiked to its highest level in years following the project's pivot toward NFT art. 4979 Total views 23 Total shares Non-fungible tokens (NFTs) continue to take the world by storm as evidenced by the March 16 announcement that Sotheby's would be entering the NFT game by facilitating the sale of tokenized art by the…

The latest in a recent spate of decentralized finance hacks. 1652 Total views 5 Total shares Another decentralized finance protocol was subject to a major exploit on Friday, May 28, after $7.2 million was drained from BurgerSwap (BURGER) on Binance Smart Chain.Varying amounts of seven different cryptocurrencies were stolen amid the attack, including $3.2 million…