Crypto News
DOJ Shifts Focus in Crypto Enforcement with Disbandment of NCET
The DOJ disbands its National Cryptocurrency Enforcement Team, shifting focus to illicit activities involving digital assets, as per new guidance from the Blanche Memo. (Read More)Source link
BTC follows Gold higher, NASDAQ back in bear market, FARTCOIN hits $1B
BTC follows Gold higher, NASDAQ back in bear market, FARTCOIN hits $1B - FOMO HOUR EP341FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to 11:00 AM EST on YouTube and X.BTC rallies, catch up trade to gold is on. BTC dominance hits new 5-year high. Last chance to buy BTC below $100k: Hayes. Strategy buys $556m BTC. ETH/BTC lowest since Jan 2020. Upexi to build $90m SOL treasury. Galaxy Digital...
Is a Recession Locked In? Traders Assign High Odds to Economic Trouble Ahead
Trade wars, collapsing confidence, and stubborn inflation have kept Polymarket’s recession odds at 57%—signaling a bumpy economic road ahead. Economy on Edge This year, U.S. recession odds have climbed amid escalating tariffs, reciprocal trade measures, waning business confidence, decelerating job growth, and enduring inflation, all of which are chipping away at economic stability and dimmingSource link
Matter Labs, ZKsync Developer, Sued for Alleged Intellectual Property Theft
Matter Labs, the company behind layer-2 blockchain ZKSync, has been sued by BANKEX, a defunct digital asset banking platform, for intellectual property theft.Former BANKEX employees Alexandr Vlasov and Petr Korolev stole the company's technology to start Matter Labs, which received over $450 million in venture capital funding and has become a major player in the blockchain industry, BANKEX CEO Igor Khmel and the BANKEX Foundation alleged in a complaint filed Mar. 19 with the New York State Supreme Court.The complaint alleged that BANKEX was approached by Ethereum co-founder Vitalik Buterin in 2017 to build operational software for "Plasma," a technology that was seen at the time as a way to make Ethereum cheaper to use.According to the complaint, Alexandr Vlasov...
Report Says ING Is Developing a Euro-Based Stablecoin Under MiCA Rules
Dutch banking giant ING is quietly laying the groundwork for a new stablecoin project, teaming up with players from both traditional finance and the crypto space to carve out a place in Europe’s tightly regulated digital asset sector. As reported by Ian Allison at Coindesk, citing two anonymous sources, the initiative remains in its infancy,Source link