The notorious group of hackers used a combination of crypto mixers and peer-to-peer marketplaces to launder the stolen funds.
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Month: April 2024
US stablecoin bill to ‘cement’ dollar dominance, fight sanction evasion
The Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult.
SEC and Gensler believed Ether was security for at least a year
In April 2023, Gensler refused to answer repeated questions on whether the SEC believed Ether to be a security.
BONK, POPCAT and Solana memecoins stay green even as Bitcoin price drops
Memecoins in the Solana ecosystem defy the recent bearish downtrend in the crypto market by managing to generate double-digit gains.
Omnity rolls out integration for no-fee Runes trading
Omnity protocol is launching an integration for trading of Rune tokens without gas or transaction fees.
Circle’s USDC overtakes Tether’s USDT in stablecoin transactions — Visa
Despite Circle’s rising transaction count, Tether’s USDT still accounts for over 68% of the entire stablecoin market.
Insights from Token2049: How crypto wealth is made
Attendees at Token 2049 in Dubai shared their personal stories on how they became rich.
Crypto on track to hit 1B users by end of 2025 — Analyst
More conservative estimates from the likes of the Boston Consulting Group predict that the crypto industry will reach its first billion users by 2030.
Bitcoin Runes fees surpass 1,200 BTC as miners reap rewards post-halving
Bitcoin miners are reaping the benefits of Runes after the halving, with skyrocketing transaction fees lessening the impact of reduced block rewards.
Filipinos face higher fees after Binance ban
Jay Ricky Villarante, the CEO of Moneybees, said that the decision to ban Binance reflects the importance of regulatory compliance and oversight in the industry.