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In an ongoing lawsuit between crypto investment firm DeFiance Capital and the liquidators of bankrupt crypto hedge fund Three Arrow Capital (3AC) over the ownership of $1.4 billion worth of crypto assets, the Singapore High Court has rejected a request by 3AC to dismiss the case, reports Cointelegraph. The

1. Dovish remarks, "Concerned about negative economic impact of delaying rate cuts". "Cutting the federal funds rate too late could unduly weaken the economy. Conversely, cutting rates too soon risks reversing the moderation in inflation. We are confident about economic conditions and inflation, but we need more

In an official statement published on its website, the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve (Fed) said, "The Committee does not believe it is appropriate to narrow the range of interest rate adjustments until it has greater confidence that inflation will move back to

Blockchain expert ZachXBT reported via X that "Ripple hack in progress. Estimated damage so far is around 2.13 billion XRP ($1.12 billion). Stolen funds have been laundered through MEXC, Gate IO, Binance, Kraken, OKX, HTX, and more." Later, Ripple co-founder Chris Larsen tweeted via X: "

GBTC, the grayscale Bitcoin spot ETF, experienced net outflows of $2.21 billion in the 30th/13th trading day local time. This is higher than yesterday's net outflows of $192 million. According to official Grayscale data, GBTC's BTC holdings stood at 492,112.4534 BTC after

The Metropolitan Police seized more than £1.4 billion ($2.35 trillion) in bitcoin as part of the proceeds of crime linked to a recent massive investment scam in China, a London court has heard. It is the largest seizure of bitcoin criminal proceeds ever made by law enforcement worldwide.