China to Require Banks to Report Cryptocurrency
China’s foreign exchange regulator has mandated banks to report details of risky transactions, including cryptocurrency transactions. The new rules could lead to a significant drop in crypto investments and cross-border payments.
by Darkex Research – 1 min read
Do Kwon Denies Money Laundering Charges
Do Kwon, founder of Terraform Labs, has been indicted by the U.S. Court for the Southern District of New York on a money laundering conspiracy charge. The indictment alleged that Do Kwon conspired to facilitate transactions in excess of $10,000 despite being aware of illegal proceeds. Kwon denied all charges in court.
by Darkex Research – 1 min read
T3 Financial Crimes Unit Freezes 100 Million USDT in Tron
The T3 Financial Crimes Unit (T3 FCU), a collaboration between Tether, TRON and TRM Labs, froze a total of 100 million USDT used in illegal transactions on the Tron network.
by Darkex Research – 1 min read
Meta Planet Plans to Hold More Than 10,000 Bitcoins by 2025
Japanese hotel chain Meta Planet aims to reach a total of 10,000 BTC by 2025, according to CoinDesk Japan. The company had about 1,762 BTC ($262 million) as of the end of 2024 and aims to become one of the largest Bitcoin holders in the world.
by Darkex Research – 1 min read
Uniswap V4 Release Postponed
Uniswap V4, the new version of the decentralized exchange Uniswap, failed to make its planned Q3 2024 launch. Announced in 2025 as “coming soon”, no firm release date has yet been given. The platform was in testing throughout 2024.
by Darkex Research – 1 min read
Click for more up-to-date news
