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The president is demanding Cook’s resignation over what one Trump official describes as “mortgage fraud.” Fed Governor Lisa Cook Now in Trump’s Crosshairs “Lisa Cook is cooked.” Those are the words of Bill Pulte, director of the Federal Housing Finance Agency. The 37-year-old Republican is leading a campaign to ouster
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TRM Labs and the world’s largest exchanges, including Coinbase and Binance, have launched the Beacon Network, an initiative that seeks to combat onchain crypto crime and prevent the illicit movement of funds through offramps to the fiat ecosystem. TRM Labs Launches Beacon Network, Targets Crypto Crime Crypto-based crime is becoming
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A longtime Bitcoin holder sold his entire position this week to rotate into nearly $300 million worth of Ether.The hodler sold 550 Bitcoin (BTC) worth about $62 million after holding the asset for seven years.After selling the Bitcoin through the decentralized exchange Hyperliquid, they opened a $282 million long position
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Key NotesChina may approve yuan-backed stablecoins to reduce USD dependency.US dollar-denominated assets currently dominate the $280 billion global stablecoin sector with more than 99% market share.The Chinese government could push yuan adoption at the Shanghai Cooperation Organization summit later this month. Beijing Considers Yuan Stablecoins to Boost Currency Reach China’s State Council
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Lee comes from the “progressive” camp, which has historically been more willing to offer Pyongyang concessions and aid. Yet his more conciliatory approach has so far elicited scorn or silence. Alas, that is likely to remain the case. Read More: The Meaning of Lee Jae-myung’s Election TriumphThe reasons are straightforward:
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BitMEX co-founder and Bitcoin billionaire Arthur Hayes has taken a board seat and major stake in a stem cell company following his March pardon from US President Donald Trump, which wiped clean his conviction for Bank Secrecy Act violations.Hayes, who built BitMEX into one of the largest derivatives platforms before
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The partnership between Aptos and Bitso will allow the blockchain, which caters to cost-conscious users, to access Latam stablecoin markets that handle billions in transactions. Aptos aims to capture a share of the U.S.-Mexico corridor activity, which involves millions of transactions made by numerous users. Aptos Partners With Bitso to
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DBS, Singapore’s largest bank by assets, is expanding its digital asset offerings with the launch of tokenized structured notes on the Ethereum blockchain. DBS announced on Thursday that the bank is opening the door to traditionally high-barrier financial products in smaller denominations through tokenization. Structured notes are a type of debt security
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With Bitcoin price is still in the red and price trading sideways all week, investor sentiment has weakened and demand is slowing. Summary
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Chainlink (LINK) is attempting to reclaim a crucial area after recovering 10%, surpassing most of the market in the past day. Some analysts suggested that the altcoin is ready to break out to new highs, but warned that a rejection from the current levels could lead to volatile retests. Related Reading Chainlink
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