EU expands HTX crackdown as Russia-linked crypto network keeps shifting its financial rails
The European Union has sanctioned HTX, widening a Russia crackdown that has already affected counterparties beyond the exchange. The bloc placed Huobi Global S.A., the entity behind HTX, under a transaction ban in its 21st sanctions package adopted July 23. From Aug. 23, EU operators will be prohibited from transacting with the exchange, though the […] The p...
Coins in this story
Related stories
What Is an AI Kill Switch and Why Do US Lawmakers Want One?
The AI Kill Switch Act would let Homeland Security order frontier AI throttled or shut down, with fines up to $20 million a day for defying it....
Ethereum ETFs close week in red, end 5-day inflow streak
Ethereum ETFs snapped a five-day inflow streak and Bitcoin ETFs logged a second day of outflows, though both funds extended their weekly inflow streaks to three....
These 10 altcoins are still worth $12B after a 97% collapse – but do users pay enough to them keep running?
Ten once-prominent cryptocurrency networks now carry a combined market value of $12.06 billion, trading an average of 97.13% below their all-time highs. A recent report by Taurex noted that recovery needs across the group range from roughly 21.5x for Avalanche, the largest of the ten at $2.91 billion, to roughly 323x for Internet Computer, which […] The post...