Possibility Of a Crypto and Financial Markets Collapse

The market may have seen the arrival of the black swan that nobody saw coming. Credit Suisse is a central global investment bank. There is a real possibility that the bank may collapse, which would lead to a catastrophic market meltdown.  The crypto and finance sectors triggered the conversations that led to this. What Is […]

To Counter The CFTC, Ooki DAO Is Considering Its Alternatives

The Ooki Decentralized Autonomous Organization group has started brainstorming a countermeasure. The recent lawsuit filed by the U.S. Commodity Futures Trading Commission against the DAO serves as the basis for this talk (CFTC). Ooki DAO’s Counter-Suit Aims to Retaliate Against the CFTC’s Litigation The Commodity Futures Trading Commission has filed suit against Ooki DAO because […]

Japan Aims to Introduce New Legislation to Prevent Money Laundering Using Crypto

According to local sources, Japan is concentrating on enforcing new regulations to curb the practice of money laundering. The regulations center on the dissemination of consumer data and the transmission of payments. Modernization Of the Act With an aim toward bringing order to the cryptocurrency market, the Japanese government has proposed more measures. Local media […]

Despite OFAC Restrictions, Tornado Cash Still Sees Questionable Wire Transactions

The United States Treasury Department announced that it was forced to take action against a cryptocurrency system (Tornado Cash). The reason was that it had been exploited to facilitate the laundering of more than $7 billion of virtual currency. The attack included $455 million stolen by a hacker group supported by North Korea. Tornado Cash […]

Bitcoin Selling Pressure Drops as XRP And Ethereum Rise

There has been a significant price reduction across the board in the cryptocurrency market as a whole. However, investors have continued selling off some of their bitcoin holdings. The fervor among BTC holders might connect to the widespread belief that the value of specific cryptocurrencies would soon increase. Despite The Drop-in Bitcoin Activity, There Is […]

Hodlnaut Reportedly Laid Off 80% Workforce and Applied for Judicial Management

Hodlnaut has recently made an announcement in regards to reducing its employees. The cryptocurrency lending platform has made the decision of cutting loose its employees as it faces a financial crisis. Hodlnaut Lays off Workforce and Applies for Judicial Management As per sources, Hodlnaut has proceeded with cutting off its workforce. The lending platform has […]