FinCEN Wants to Equate Bitcoin Mixers to Money Laundering Centers
FinCEN intends to classify cryptocurrency mixers as hubs for money laundering, posing a threat to national security.
Coin Metrics Attracts $6.7M
Cryptocurrency data firm Coin Metrics has raised approximately $6.7 million through a variety of securities, including equity and options.
US Accuses Gemini and DCG of Defrauding Investors
New York State prosecutors have filed a lawsuit against Gemini, Genesis, Digital Currency Group (DCG), and their respective executives, accusing them of defrauding over 230,000 investors and scamming them out of more than $1 billion.
Fantom Foundation Hit By Exploit and Loses $7M
An employee of the company lost at least $7 million in cryptocurrency due to an exploit today.
Investment In Crypto Products Rise for Second Consecutive Week
The most recent report from CoinShares reveals that digital asset investment products experienced a significant rise in inflows last week, reaching the highest levels since July 2023.
Investments in Solana-based Products Enjoy Largest Weekly Inflows Since March Last Year
CoinShares, Grayscale, 21Shares, Bitwise, and ProShares experienced inflows for the second week in a row, the highest since July, with a total of $78 million added to these funds.
Israel’s Police Blocks Hamas-Linked Crypto Accounts
According to a statement released by Israeli police, authorities have frozen cryptocurrency accounts associated with Palestinian militant group Hamas following a recent series of attacks on Israel.
