Crypto Funds Hit $167B in Assets as Traditional Markets Lose Their Grip
Crypto funds reached historic highs in May, with total assets under management climbing to $167 billion—driven by $7.05 billion in net inflows, the largest since December. As investors react to softening trade tensions and seek protection from U.S. market instability, bitcoin has emerged as both a hedge and performance leader, gaining over 15% in three […] Powered by...
Russian National Hit With 22 Charges for Laundering $530M in Crypto
A Russian national faces 22 charges for laundering $530 million through cryptocurrency, using his companies to bypass U.S. sanctions and defraud financial institutions. 22 Charges Filed Against Russian National in $530M Crypto Scheme The U.S. Department of Justice (DOJ) announced on June 9 that Iurii Gugnin, a Russian national living in New York, faces 22 […] Powered by...
ICANN’s DNS Blocking Report Presents Three Key Recommendations
In 2006 alone, Russia-based AllOfMP3 reportedly banked $30 million from sales of an unauthorized music product for which the major labels received no payment. The unlikely stage for the industry’s response to global sales of cheap, unlicensed DRM-free music, was Denmark. Under pressure from industry group IFPI, ISP Tele2 blocked AllofMP3’s domain, an event that will soon celebrate its 20th anniversary. While never likely to threaten...
