More than 87% of inflows to FreedomXMR, a Monero swap service on Hyperliquid Core, came from illicit activity, with $20M+ traced to hacks and ransomware.
This is the summary Bankless publishes in its feed. The full article lives on their site.
Surplus usage rose ~2.3x in under a month to a record 312.6B tokens on Oct 18, as rivals' volumes climb and critics demand dollar figures.
The CFTC says CME can't sue over U.S. perps because it hasn't been hurt, pointing to a 23% rise in CME's own crypto futures volume since May.
Victims got back $9.8 million of the $1.18 billion traced between January and August, and every dollar frozen or returned came through governance or validator action
The April 1 hack caused about $295 million in losses and was later attributed to a North Korean threat group in a Mandiant investigation.
The proposed acquisition would give Bitget a route into Thailand’s crypto market through a locally licensed operator.
CFTC Chairman Mike Selig wants federal rules for crypto exchanges, retail margin, and prediction markets. Here's what he told Bankless.
