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Blockchain's transparency traces illicit flows better than fiat systems. Industry-wide information sharing and unified AML rules close gaps, without curbing liberty.

Coinbase's CEO Brian Armstrong has shared a similar opinion with billionaire Stanley Druckenmiller, who recently predicted that stablecoins will be used for payments worldwide within 15 years.

A septuagenarian is facing months in prison after admitting to stealing more than $1 million from the US government. According to the U.S. Department of Justice, 71-year-old Eric Banks has pleaded guilty to stealing a check drawn by the US Treasury Department to a New York-based business. The DOJ says Banks stole a U.S. Treasury […]
The post 71-Year-Old Man Steals $1,130,000 From US Government, Helps Accomplices Launder Millions in Stolen Funds: DOJ appeared first on The Daily Hodl.

Judge James E. Boasberg blocked these subpoenas, considering that a “mountain of evidence” suggests their true purpose is to “harass Powell to pressure him to lower rates.” Jeanine Pirro, U.S. Attorney for Washington, D.C., stressed that the DOJ will appeal the judge’s decision, escalating the legal battle. Judge Quashes Federal Reserve Subpoenas, DOJ Announces Appeal […]

On-chain analytics firm Glassnode has highlighted how Bitcoin has only seen a relatively thin accumulation band form during the recent consolidation range. Bitcoin STH CBD Shows Accumulation Remains Thin In a new post on X, Glassnode has talked about the latest trend in the Bitcoin Cost Basis Distribution (CBD) of the short-term holders. The CBD here refers to an indicator that tells us about the amount of supply that was purchased at the various price levels visited by BTC in its history. Related Reading: Bitcoin Returns Mirror Late-2022 Levels Seen Before 67% Rally: Santiment The CBD of the short-term holders (STHs) specifically tracks this for the supply that was purchased within the past 155 days. The short time frame means that supply clusters on the indicator a...