Tag: cryptocurrency

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U.S. Hits North Korean Bankers with Sanctions Over Crypto Laundering

The post U. S. Hits North Korean Bankers with Sanctions Over Crypto Laundering appeared com. TLDR U. S. sanctions North Korean bankers for laundering cryptocurrency linked to cyberattacks and weapons funding. North Korean hackers stole over $2B in 2025, using crypto for cybercrime and military programs. Sanctions target Jang Kuk Chol and Ho Jong Son for laundering $5. 3M tied to ransomware payments. Treasury highlights North Korea’s use of AI tools, malware, and phishing in crypto exchange attacks. KMCTC, Ryujong Credit Bank sanctioned for facilitating illicit funds tied to North Korean cybercrime. The U. S. Treasury Department has imposed new sanctions on several North Korean bankers and institutions. These entities are accused of laundering millions in cryptocurrency proceeds linked to cyberattacks, aiding the regime’s weapons development. Sanctions Target Key Individuals and Entities The U. S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned eight individuals and two entities. These sanctions are part of ongoing efforts to combat North Korea’s cyber-enabled activities. The Treasury claims that North Korean hackers have stolen over $2 billion worth of cryptocurrency in 2025 alone. A notable portion of these funds is linked to cybercrimes, including ransomware attacks. OFAC’s sanctions address the use of cryptocurrency by North Korean entities to fund weapons programs. Among the sanctioned individuals are Jang Kuk Chol and Ho Jong Son, two bankers connected to First Credit Bank. The Treasury claims they laundered at least $5. 3 million through shell companies, facilitating ransomware payments and transactions linked to North Korean IT workers abroad. Increasing Use of AI in Cyberattacks North Korean hackers have expanded their methods by using advanced AI tools, blockchain firm Elliptic reports. These tools automate and scale attacks, enabling greater disruption. The Treasury Department confirmed that North Korean actors employ phishing, malware, and social engineering tactics to breach crypto exchanges and firms. Two entities, Korea Mangyongdae Computer Technology Company (KMCTC) and Ryujong Credit Bank, were also sanctioned. KMCTC operates.

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CZ and Giggle Academy Clear Up Confusion; Burn Plan Set

The post CZ and Giggle Academy Clear Up Confusion; Burn Plan Set appeared com. Key Highlights: Giggle Academy clarifies that it has not issued Giggle Fund tokens. Binance donates 50% of GIGGLE trading fees to the educational platform. CZ clarifies the donation process and burn plan on X. The Giggle Academy has issued an official statement and has addressed the confusion around the new popular Giggle Fund (GIGGLE), a community-created memecoin that recently saw a sharp surge in user attention following Binance’s announcement of fee donation support. The educational charity platform, through its X (formerly known as Twitter) page, made it clear that it does not have any official ties to the token’s issuance or management. The post then also reaffirmed that its mission is still the same and it is not willing to be included in any financial speculations. The statement firmly stated that the Giggle Fund token was “not issued by Giggle Academy,” and clarified the fact that it is a community initiated memecoin. The Academy stressed that it has never launched any cryptocurrency nor made plans to do so. Instead, in the statement, the team stated that donations are welcomed. The Academy has also set up a donation page that will publicly disclose all income and expenses, reinforcing its commitment to accountability. Official Statement | Giggle Academy1. The Giggle Fund token is not issued by Giggle Academy; it is a memecoin initiated by the community. 2. We appreciate the donations from the community, and we have set up a donation page to publicly disclose all income and expenses. 3.- Giggle Academy (@GiggleAcademy) November 4, 2025 Why was this Statement Issued? On November 3, 2025, Binance announced that it would donate 50 percent of the transaction fees generated from GIGGLE trading activity to Giggle Academy. The pledge effectively means that half of the fees collected by Binance from GIGGLE will be.

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Litecoin Nears Multi-Year Triangle Upper Boundary, Potential Breakout to $140-$285

The post Litecoin Nears Multi-Year Triangle Upper Boundary, Potential Breakout to $140-$285 appeared com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process-not noise. 👉 Sign up → Litecoin is testing the upper boundary of a multi-year symmetrical triangle pattern on the weekly chart, signaling potential volatility expansion. A confirmed breakout above $100 could target $140, $180, and $285, based on historical resistance levels and measured move projections, offering traders key opportunities in this consolidation phase. Litecoin nears the apex of a symmetrical triangle formed over multiple years, with narrowing price action indicating impending breakout volatility. The 50-week moving average near $103 supports higher lows, reinforcing long-term accumulation amid consolidation. Breaking above the $100 liquidity zone could propel Litecoin toward $140, $180, and $285, aligning with prior structural resistances and technical projections. Litecoin symmetrical triangle breakout nears: Targets at $140, $180, $285 as price tests multi-year resistance. Discover key levels and trading insights for LTC’s next move. Stay ahead in crypto markets today! What Is Litecoin’s Symmetrical Triangle Breakout and Why Does It Matter? Litecoin’s symmetrical triangle breakout refers to the cryptocurrency’s price action approaching the upper resistance of a multi-year consolidation pattern on the weekly chart. This formation, characterized by converging trendlines of descending resistance and.

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Virtu Financial’s $63M XRP Investment Seen As Whales Sell $260M Daily

TLDR Virtu Financial’s $63M XRP investment signals rising institutional interest. Whale sell-off of $260M daily has caused XRP price to drop by 27%. Coinbase recorded $23. 93M in XRP inflows, indicating increased sell pressure. Despite sell-offs, Evernorth’s XRP treasury grows to $1 billion, showing confidence. Virtu Financial, a $7 billion Wall Street firm, has recently revealed [.] The post Virtu Financial’s $63M XRP Investment Seen As Whales Sell $260M Daily appeared first on CoinCentral.

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Senator Murphy Suggests Coinbase Gained Political Favors Under Trump Amid Crypto Backlash

The post Senator Murphy Suggests Coinbase Gained Political Favors Under Trump Amid Crypto Backlash appeared com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process-not noise. 👉 Sign up → Senator Chris Murphy accused Coinbase of receiving regulatory favors from the Trump administration in exchange for political donations and support, including contributions to Trump’s inauguration and backing pro-Trump allies. Coinbase denied the claims, calling them baseless and highlighting years of regulatory overreach by the SEC. Senator Murphy’s allegations focus on Coinbase’s ties to Trump, suggesting favoritism led to the SEC dropping its lawsuit against the exchange. Coinbase’s executives, including CLO Paul Grewal and CPO Faryar Shirzad, issued strong rebuttals, emphasizing non-partisan political action and standard corporate donations. The dispute highlights ongoing tensions between U. S. regulators and the crypto industry, with court rulings criticizing SEC actions as arbitrary, amid over 100 new digital asset projects since recent legislation. Discover how Senator Chris Murphy’s accusations against Coinbase for political favoritism are sparking debate in the crypto world. Learn the facts and Coinbase’s defense in this in-depth analysis. Stay informed on regulatory impacts today. What did Senator Chris Murphy accuse Coinbase of? Senator Chris Murphy accused Coinbase of benefiting from political favoritism during the Trump administration, claiming the exchange received regulatory leniency.

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Experts Predict Ethereum Price To Hit $10K In 2026, These 3 ETH Tokens Could Lead To Life-Changing Gains

The post Experts Predict Ethereum Price To Hit $10K In 2026, These 3 ETH Tokens Could Lead To Life-Changing Gains appeared com. Ethereum price prediction has once again taken the spotlight as analysts suggest that ETH could reach $10, 000 by 2026. This forecast reflects growing confidence in Ethereum’s ability to maintain its dominance in the Layer-1 ecosystem especially with the continued rise of staking, DeFi integration, and scalability improvements through Layer 2s. A similar wave of optimism is being seen around projects that are building around Ethereum’s ecosystem including Ethena, ether. fi, and emerging PayFi platforms like Remittix, which is bridging crypto with real-world payments. Ethereum Price Prediction: Analysts See Renewed Institutional Confidence Ethereum’s steady climb continues, now trading at $3,848. 10, up 2. 29% in the last 24 hours. Its $466. 08 billion market cap positions it firmly as the second-largest cryptocurrency, with renewed inflows from institutional investors as ETFs and staking derivatives expand. Trading volume stands at $38. 75 billion, a slight 12. 97% dip from previous highs but analysts suggest this may signal accumulation rather than exit. Projects such as Ethena and ether. fi are driving fresh momentum within the wider Ethereum ecosystem by leveraging the network’s powerful staking and restaking narrative. Ethena changes hands for $0. 3959 with a market capitalization of 2. 85 billion, while ether. fi trades at $0. 945, up 8. 26% in 24 hours. Such returns reveal an appetite for Ethereum-based protocols with yield and decentralized infrastructure that mirrors the growth trajectory of Ethereum’s price over the next year. Remittix Expands Wallet Beta Testing and Hits New Milestones As Ethereum projects surge, Remittix (RTX) is carving out its own lane in PayFi a new sector combining crypto and fiat finance. The project recently raised over $27. 7 million in private funding, selling 681 million+ tokens at a current price of $0. 1166 per RTX. The funds have been directed toward scaling its crypto-to-bank transfer infrastructure, already capable of supporting payments across 30+ countries. Remittix.

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