Author: altcoinvest
A US financial regulator says a bank insider withdrew a massive pile of cash from a senior citizen’s account without the customer’s consent. The Office of the Comptroller of the Currency (OCC) says Marissa Murillo committed the offense over a two-year period while working as an associate banker at the Bank of Montreal’s Chicago branch. “During the period from January 2023 to November 2024, Respondent made multiple unauthorized debits from an elderly customer’s account for her own personal use and the use of her family members. As a result of Respondent’s misconduct, the Bank suffered a loss of $164,918.” Due…
The European Union (EU) released its “biggest package” of sanctions in two years against Russia, describing the measures as far-reaching and restrictive. They specifically target crypto with a total ban on providers and platforms established in that country.“Russia is becoming increasingly reliant on cryptocurrencies for international transactions,” the EU said in an April 23 statement. “The EU is introducing a total sectoral ban on providers and platforms established in Russia that allow the transfer and exchange of crypto assets.”The bloc also banned Russia’s central bank digital currency (CBDC), the ruble-pegged RUBx stablecoin and all EU support for the development of…
French law enforcement agencies have been investigating wrench attacks and found that some of the alleged offenders were involved in multiple incidents
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple CEO Brad Garlinghouse has been honored as the 2026 Business Leader of the Year by the Harvard Business School Association of Northern California, giving one of crypto’s most prominent executives a high-profile recognition from the Bay Area business establishment. The award places Ripple’s payments and digital-asset strategy in a broader conversation about financial infrastructure, regulation and institutional adoption. The event was held Tuesday, April 21, at the Julia Morgan Ballroom in San Francisco, with more than 250 entrepreneurs, investors, business leaders and HBS alumni in attendance,…
UTXO Management, a subsidiary of Nakamoto Inc. (NASDAQ: NAKA), announced the formation of UTXO Preferred Income Strategies LP, a Delaware limited partnership structured to provide access to income from preferred digital credit securities. The fund introduces a dual-class structure designed to serve different allocator objectives within a single vehicle. The structure includes a Senior Income Class and a Total Return Class. The Senior Income Class targets a fixed annual coupon paid monthly as return of capital sourced from preferred dividend streams, according to a company release. Distributions flow first to this class, ahead of fees and junior allocations. The structure…
President Trump has canceled a planned trip by U.S. envoys to Pakistan for talks with Iran. The April 30 permanent peace deal market sits at 2% YES, down from 10% yesterday. The April 30 market has collapsed from 61% a week ago. With six days left, traders see almost no chance of a deal before the deadline. The May 31 market trades at 30% YES, pushing expected resolution timelines further out. The June 30 contract is at 48% YES, where traders price in roughly coin-flip odds of some progress by midsummer. USDC volume was $854,504 over the past 24 hours,…
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Cross-border B2B stablecoin payments have been projected to reach $5 trillion by 2035, according to a new report from Juniper Research. Summary Cross-border B2B stablecoin transactions are projected to reach $5 trillion by 2035, rising from $13.4 billion in 2026, according to Juniper Research. Juniper Research estimates that B2B flows will account for 85% of total stablecoin transaction value as enterprise adoption expands. The report published on April 27 has estimated that the total cross-border B2B stablecoin transaction value will climb from $13.4 billion in 2026, with enterprise payments expected to dominate usage over the next decade. Looking at the…
Bitcoin (BTC) saw a sharp price swing on Monday after reports said Iran had sent the U.S. a new proposal through Pakistani mediators. Summary Bitcoin jumped near $79,500 before a sharp pullback erased gains within a short period Monday. Crypto liquidations reached about $275 million as leveraged traders reacted to fast-moving geopolitical headlines Monday. Short positions saw heavy losses after Bitcoin moved against bearish bets during the initial rally. The move pushed BTC close to $80,000 before the price quickly slipped lower. The rally lifted Bitcoin to a 12-week high near $79,500. The price then fell by about $2,000 within…