The United States Treasury Department has added Russia-based crypto mining services provider BitRiver and several subsidiaries as firms facilitating the evasion of sanctions. In a Wednesday announcem...
Tag: Treasury
US Treasury Department sanctions Russia-based crypto mining firm
The US Treasury Department has included a crypto mining service provider among the firms included in sanctions against Russia. BitRiver and some of its subsidiaries have been accused of enabling the e...
US Treasury Department Imposes Sanctions on Russian Crypto Mining Firm Bitriver
The United States announced that it has added Bitriver, a Russian cryptocurrency mining firm, to its sanctions list. The latest movement is part of the US ongoing efforts to block Russian companies f...
U.S. 10-year Treasury yield climbs, here’s what it means for China
BEIJING — The rapid rise in the U.S. 10-year Treasury yield to three-year highs has erased its gap with its Chinese counterpart, something that hasn’t happened for more than a decade. As the yie...
U.S. Treasury Sanctions Russian Crypto Mining Operation Amid New Token Launch
In a press release today, the U.S. Department of the Treasury is taking action against companies in Russia’s virtual currency mining industry. The Office of Foreign Assets Control (OFAC) designated Bi...
Yellen Walks Out On Russian Official During G20 Meeting
Topline Treasury Secretary Janet Yellen and officials from several other countries walked out of a Group of 20 meeting in Washington on Wednesday when a Russian delegate spoke, a source familiar with ...
U.S. Treasury Sanctions Russian Crypto Miners
Key Takeaways The U.S. Treasury and OFAC have introduced sanctions against BitRiver, a Russia- and Switzerland-based crypto mining company. BitRiver is named along with ten of its subsidiaries in a li...
Treasury Sanctions First Crypto Miner—Targeting Russia’s Bitriver For ‘Supporting Putin’s Brutal War’
Topline In its latest retaliatory measures following Russia’s invasion of Ukraine, the Treasury Department on Wednesday sanctioned one of the largest cryptocurrency miners in Europe and Asia—mar...
Inside The Ethereum Foundation Treasury: What Does It Hold?
The Ethereum Foundation has been around for a while and is in charge of funds that get distributed to projects on the Ethereum network. In its treasury, there is a large amount of ETH among other cryp...
FBI, US Treasury Department Warn About North Korean-Backed Crypto Hackers
Leading American agencies, including the FBI, the Cybersecurity and Infrastructure Security Agency (CISA), and the Treasury Department, alerted that North Korean-sponsored hackers seek to exploit cryp...
Ethereum Foundation discloses the amount of ETH held in its treasury
The Ethereum Foundation, a non-profit organization focusing on the Ethereum ecosystem, has revealed that it holds around $1.6 billion in its treasury. $1.3B is held in cryptocurrencies and dominated b...
Ethereum Foundation Releases First Report, Reveals Treasury Holdings
Ethereum Foundation has released its first report to reveal the treasury holdings, explaining that it follows a “conservative treasury management policy” to ensure funding for the core objectives. Eth...
Ethereum Foundation Report Reveals $1.6B Treasury Holdings
Share this article The Ethereum Foundation has published its first report. In addition to helping the Foundation communicate its vision to the community, the report also breaks down its $1.6 billion t...
North Korean Hackers Behind $600,000,000 Attack on Axie Infinity (AXS), According to U.S. Treasury
The U.S. Department of the Treasury is indicating that North Korean hackers appear to be behind the massive $600 million hack on an Axie Infinity (AXS) bridge last month. The Office of Foreign Assets ...
Lazarus Group Responsible for Ronin Bridge Hack, Says US Treasury
The Ronin Bridge Hack, which involved exploiting Axie Infinity’s side chain, Ronin Bridge, resulted in the loss of over $600 million. The US Treasury Department has linked the North Korean hacker, Laz...
US Treasury Ties Lazarus Group to Ronin Hack, Sanctions ETH Address
The US Treasury Department on Thursday added an Ethereum address to its sanctions list, thus linking the Ronin Network attack to the notorious North Korean hackers, Lazarus Group. It is also the first...
US Treasury Connects North Korean Hackers to $622M Axie Infinity Exploit
In brief The U.S. Treasury added an Ethereum wallet address to its sanctions list today, tying it to North Korea’s Lazarus Group. It’s the same address tied to last month’s $622 mill...
US Treasury Links North Korean Hacking Group to Axie Ronin $600M+ Exploit
The United States Treasury Department has linked the notorious North Korean hacking group, Lazarus, to the over $600 million stolen from blockchain gaming project, Axie Infinity last month. On Friday,...
Cult DAO Releases Data On The Recent Upsurge In CULT Treasury Volume
Advertisement     Cult DAO, a decentralized autonomous organization, has published recent data on its hyper-deflationary token, CULT, which has gained the necessary tr...
Cult DAO Breaks Down Recent Increase in CULT Treasury Volume
London, UK, 12th April, 2022, Chainwire Cult DAO, a community-driven decentralized autonomous organization, published recent data on its hyper-deflationary CULT token, gaining the necessary traction a...
Dow Falls 400 Points As 10-Year Treasury Yield Hits Highest Level Since January 2019
Topline Stocks fell on Monday as government bond yields surged—with the 10-year Treasury jumping above 2.7%, its highest level since January 2019—amid ongoing fears about inflation, with investors dum...
Luna Foundation Treasury Now Holds 40,000 BTC After $173 Million Purchase
The Luna Foundation Guard, the non-profit organization, focused on backing the TerraUSD algorithmic stablecoin, has recently been on a Bitcoin shopping spree, snapping up a considerable sum of BTC and...
Surge in Treasury Yields Sends Ripples Across Global Markets
(Bloomberg) — The relentless rise in U.S. Treasury yields continued to send waves through global markets Monday, at the start of a key week for inflation watchers. Most Read from Bloomberg Ten-y...
5 Ways Of Looking At A Bond Market Sell-Off
A financial data analysis graph. Selective focus. Horizontal composition with copy space. Getty Bonds peaked in price during the March/April, 2020 pandemic scare and they are continuing to sell-off 2 ...
US Treasury Secretary Believes CBDC Could Outcompete Bitcoin as Means of Exchange
Janet Yellen – Treasury Secretary of the United States – recently delivered her first speech solely dedicated to cryptocurrencies. While discussing the risks and benefits of crypto and CBDCs, the secr...
US Treasury Sec. Believes CBDCs Might Outperform Bitcoin In The Future
The US treasury seems to be highly in favor of a US Central Bank Digital Currency (CBDC) over other digital assets like Bitcoin. Treasury secretary Janet Yellen has stated that CBDCs and stablecoins c...
U.S. Treasury Secretary Raises Concerns Over ‘Systemic Risk’ of Stablecoins in New Speech
U.S. Treasury Secretary Janet Yellen has reservations about the rise of stablecoins and their implications on the financial landscape. In prepared remarks, Yellen says that stabelcoins raise policy co...
Treasury Secretary Yellen Says Crypto Regulation Should Support Responsible Innovation, Manage Risks – Regulation Bitcoin News
Treasury Secretary Yellen says the regulatory frameworks for crypto assets in the U.S. should “support responsible innovation while managing risks.” She emphasized, “Regulation should be based on risk...
Treasury Secretary Yellen Says Crypto Should Be Regulated Like Traditional Finance Systems – crypto.news
On Thursday, 7th April 2022, Janet Yellen called for crypto regulations to be similar to traditional financial systems. These words come as Jane Yellen and the treasury have been looking for ways to r...