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US sanctions North Korean bankers over wave of cryptocrime

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The US Treasury Department has imposed new sanctions on a group of North Korean bankers and institutions accused of laundering millions in cryptocurrency linked to cyberattacks and illegal IT labor schemes that help finance Pyongyang’s weapons programs. The Office of Foreign Assets Control (OFAC) said on Tuesday that eight individuals and two entities were designated […]

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BNB falls below $950 as market selloff deepens, privacy coins see rise

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BNB fell 7.8% over the past 24 hours, falling to $940 and breaking several key support levels in the process. The move followed a wave of sell orders that began after the token failed to break the resistance at $1,020. An increase in trading volume, 72% above the weekly average according to CoinDesk Research’s technical

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BTC Price Approaches June Low As $1.4B In Liquidations Rock Altcoins

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The crypto market suffered a sell-off on Tuesday with bitcoin BTC$104,030.61 approaching the lowest level since June and ether ETH$3,514.58 traded at $3,480, the lowest since August. The selling pressure led to about $1.4 billion in liquidations across derivatives exchanges, which at press time are doing better than they did in October, when Binance’s auto-degearing

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ZEC, DASH Lead as Privacy Coins Defy Broader Market Slide: Crypto Daybook Americas

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By Omkar Godbole (All times ET unless otherwise noted) It’s another risk-off session across the crypto markets. Bitcoin BTC$104,246.94 fell 3.5% over the past 24 hours to approach October lows around $103,600. Any additional and the largest cryptocurrency would be at its lowest price since June. The CoinDesk 20 index is down 5%, with major

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UBS, Chainlink Performs First Onchain Tokenized Fund Redemption in $100T Market

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UBS said it completed the first on-chain redemption of a tokenized fund using Chainlink’s Digital Transfer Agent (DTA) in a live transaction that underscores how the blockchain infrastructure is beginning to interface with the $100 trillion global funds industry. The transaction involved the tokenized money market fund UBS USD Money Market Investment Fund Token (uMINT)

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Strategy (MSTR) introduces Euro-denominated Stream Preferred Share after Q3 Earnings

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Less than a week after Strategy ( MSTR ) reported third-quarter earnings and hinted at the launch of an international perpetual preferred stock, the company has launched Stream ( STRE ), a euro-denominated perpetual preferred security, the company said Monday. STRE will be issued at 100 euros ($115) per share with a 10% annual dividend

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The BTC price is nearing its lowest since June as the US government shutdown hits joint longest

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Bitcoin BTC$103,797.94 The price is nearing its lowest since June 24, trading near $103,000. It is now about 20% below the Oct. 6 record of $126,500. The last time bitcoin traded below $100,000 was in late June, when tensions flared between Iran and the United States. Meanwhile, the US government shutdown has entered its 35th

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