FINTRAC has fined Xeltox Enterprises, parent of Cryptomus, $176,960,190 for non-compliance after 1,068 missed suspicious reports and 1,518 unreported virtual-currency transactions in July 2024, citing links to child sexual abuse material, fraud, ransomware and sanctions evasion.
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Category: Cryptocurrencies
FCA Moves Against HTX in London Over Illegal Crypto Promotions – Warning to Other Exchanges
The FCA has begun a High Court case against HTX, citing alleged FSMA breaches linked to crypto promotions directed at UK consumers, as the regulator advances consultations on governance and financial crime controls.
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How Crypto Exchanges Use AI to Power Next-Gen Trading Tools – Can Traders Really Trust Them?
AI in crypto has been implemented across leading exchanges. Bitget has introduced a chat agent for execution and insights, Kraken has announced Capitalise.ai integration for no-code automation, and Binance has provided adaptive UI, hourly token reports, and sentiment-driven signals for traders.
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Kadena Shuts Down – How a 77% Crash and Cash Burn Ended One of Crypto’s Most Ambitious Projects
Kadena has announced a shutdown after running out of funds, though the proof-of-work chain has kept operating. KDA has fallen 77% in a month and over 99% from its 2021 high as exchanges have begun delisting. The team has planned a new binary and a community handover.
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Siemens and B2C2 Tap JPMorgan’s Blockchain Platform to Streamline FX Payments
Siemens and B2C2 are using JPMorgan’s Kinexys blockchain to execute cross-border FX transactions in real time, 24/7.
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Russia Proposes Making Crypto Part of Divorce Settlements in New Law
Russian lawmaker Igor Antropenko submitted legislation to recognize cryptocurrency as marital property subject to division during divorce proceedings through amendments to the Family Code, as Russia recorded $376.3 billion in cryptocurrency transactions between July 2024 and June 2025 overtaking all European markets according to Chainalysis.
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![[LIVE] Ethereum Price Developments, October 22: Live News and Price Updates as ETH Price Crashes to $3800](https://globaleconomyedition.com/src/2025/10/live-ethereum-price-developments-october-22-live-news-and-price-updates-as-eth-price-crashes-to-3800.jpg)
[LIVE] Ethereum Price Developments, October 22: Live News and Price Updates as ETH Price Crashes to $3800
The technical landscape reveals clear battle lines: immediate Ethereum price support sits at $3,787-$3,800, with critical macro support at the 200-day EMA, around $3,535-$3,568.
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Bitcoin Price Prediction: BTC Price Drops Back to $108K After Fed Conference Spike – Is Another Crash Coming, or a New ATH?
Bitcoin slips to $108K after Fed remarks—Bitcoin price prediction hints at a looming breakout or deeper correction.
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Meme Coin Wars – Pump.fun Vs. MemeCore, Which One Is The Better Opportunity Today?
Meme coin supercycle sentiment is heating up – Pump.fun and MemeCore price predictions could benefit from fresh inflows.
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Diddy Seeks to Overturn Conviction — Former SBF Jailmate Files Notice Of Appeal
Lawyers for Sam Bankman-Fried’s former jailmate Sean ‘Diddy’ Combs formally filed a notice of appeal on Monday in a bid to overturn his years-long prison sentence.Diddy Moves To Appeal His 4 Year Prison SentenceAccording to an October 20 court filing in New York federal court, Combs has plans to appeal two prostitution-related charges he was […]
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