Silver attracts some buyers on Tuesday and snaps a two-day losing streak. Mixed technical indicators on the daily chart warrant some caution for bulls. Corrective slides could be seen as a buying opportunity and remain limited. Silver (XAG/USD) builds on the previous day’s modest bounce from the vicinity of the $32.00 mark, or a nearly … Read more
NYSE Arca has filed a proposal with the SEC to list and trade shares of the Grayscale Cardano Trust on the stock exchange.
Bank of Korea (BoK) Governor Rhee Chang-yong explained the reasons behind the interest rate cut decision in his post-policy meeting press conference on Tuesday. Additional takeaways Tuesday’s rate decision was unanimous. Interest rates for special loan programme also lowered. Four board members said current policy rates could be maintained for the next three months. Two board members … Read more
“OKX was used to facilitate over five billion dollars’ worth of suspicious transactions and criminal proceeds,” said Acting U.S. Attorney Matthew Podolsky. OKX Settles for $500M Following Guilty Plea in Anti-Money Laundering Case Seychelles-based cryptocurrency exchange OKX pled guilty to one count of operating an unlicensed money-transmitting business and was slapped with a $504 million … Read more
Cryptocurrency exchange OKX’s Aux Cayes FinTech Co. Ltd affiliate has settled with the U.S. Department of Justice, and has agreed to pay over $500 million worth of penalties after pleading guilty to serving U.S. customers without a money transmitter license and not following anti-money laundering laws. OKX will criminally forfeit $420.3 million, according to a … Read more
US officials have seized $31 million worth of crypto linked to a 2021 hack of Uranium Finance, a now-defunct DeFi platform on BNB Chain.
As the DeFi space continues to grow, Mutuum Finance (MUTM) has captured the attention of investors looking for projects with real utility and growth potential. With its decentralized lending platform, strong presale momentum, and features like an overcollateralized stablecoin, Mutuum is attracting widespread interest. As the project moves through its presale phases, many investors are … Read more
The Australian Dollar declines due to escalating trade tensions. Traders await Australia’s monthly inflation report due on Wednesday seeking key insights into the RBA’s policy outlook. President Trump said tariffs on Canada and Mexico ‘will go forward’. The Australian Dollar (AUD) extends its losses against the US Dollar (USD) for the third consecutive session on … Read more
Bitfinex analysts said Bitcoin is mirroring traditional markets, and its lack of price momentum has “led to a period of contraction” for crypto markets.
Police in Mumbai have booked the managing director of Coin ZX, an Indian cryptocurrency trading platform that allegedly scammed investors out of $23 million (Rs 200 crore). Filed last week, the Kasturba Marg police force has opened a case against the now Dubai-based Ravi Mahaseth, as well as five other individuals they police say were … Read more