Crypto News

VC Firm Hypersphere Reveals $130 Million Atlas Liquid Fund

Venture capital firm Hypersphere has announced the launch of its new liquid fund, Atlas, managing over $130 million in assets. Atlas aims to capitalize on the inefficiencies in the young crypto markets through a diverse range of trading strategies. Hypersphere’s New Atlas Fund Aims to Target Optimized Crypto Returns The Atlas fund, which began quietlySource link

BitMEX Dismisses Guilty Plea for Money-Laundering Violations as ‘Old News’

The U.S. Justice Department said the crypto exchange's policies were “toothless.”Source link

Crypto Exchange BitMEX Pleads Guilty to Violating the Bank Secrecy Act From 2015 to 2020

BitMEX has pleaded guilty to violating the Bank Secrecy Act (BSA), according to a Wednesday announcement from the U.S. Department of Justice (DOJ).Source link

Biden Dropout Odds Surge as Clooney, Torres, and Pelosi Share Doubts

Just days ago, it appeared that Joe Biden was poised to move past calls from within his party to step aside. Not anymore.Source link

Federal Reserve Fines Citigroup $60.6 Million for Ongoing Risk Management Deficiencies

The U.S. Federal Reserve has imposed a $60.6 million fine on Citigroup for continued failures in its risk management and data quality practices. The enforcement action follows Citigroup’s insufficient progress in addressing deficiencies identified in a 2020 order. Citigroup Faces $60.6 Million Fine from Federal Reserve for Risk Management Shortcomings In a recent examination, theSource link