AUSTRAC Fines Crypto Exchange Cointree for Reporting Failures

The Australian Transaction Reports and Analysis Centre has issued infringement notices totaling $75,120 to cryptocurrency exchange Cointree for failing to submit suspicious matter reports on time. Cointree Fined Despite Self-Reporting The Australian financial intelligence agency, the Australian Transaction Reports and Analysis Centre (AUSTRAC), has issued infringement notices totaling $75,120 to cryptocurrency exchange Cointree for failing…

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CME Group set to launch XRP futures on Monday amid legal setback for SEC and Ripple

Key Takeaways CME Group will offer XRP futures starting May 19, pending regulatory review. SEC and Ripple’s settlement request was denied, maintaining the $125 million penalty. Share this article The Chicago Mercantile Exchange (CME) Group, the world’s leading derivatives marketplace, is expected to launch XRP futures and Micro XRP futures contracts on Monday, May 19,…

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Russia’s EAEU Trade Reaches 93% De-Dollarization in Blow to US Dollar Dominance

De-dollarization is exploding across Eurasia as 93% of EAEU trade now flows through national currencies, signaling a decisive pivot from the U.S. dollar and reshaping global finance. Russia Says 93% of EAEU Trade Now in National Currencies as Dollar Use Crumbles A rising trend of de-dollarization is reshaping trade across Eurasia, as national currencies increasingly…

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Are Bitcoin Mining Stocks Mispriced? Here’s What On-Chain Data Is Telling Investors

The on-chain intelligence platform CryptoQuant has unveiled a framework for monitoring the revenues of leading public Bitcoin mining companies. This methodology tells whether the companies are undervalued or overvalued in real time. CryptoQuant revealed in its latest weekly report that the framework tracks miners’ addresses on the Bitcoin blockchain and their BTC production. This enables…

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Coinbase breach strikes PayPal Mafia royalty, Sequoia boss

Sequoia Capital Managing Partner Roelof Botha was among the high-profile victims whose personal information was compromised in the recent Coinbase hack. According to a person familiar with the matter, the incident reveals that prominent executives were targeted in the hack against the largest U.S. cryptocurrency exchange. As per Bloomberg report, the stolen data reportedly included…

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