Author: MNK News
American Gretchen Walsh capped a record-setting week at the short course swimming World Cup event in Carmel, Indiana, with a dominant triumph in the 100m butterfly on Sunday. Walsh, who lowered her own world record in the 50m fly on Saturday, couldn’t top her 100m fly world mark, but her winning time of 53.69sec was more than a second-faster than runner-up Alexandria Perkins, who clocked an Australian record of 54.93. Australia’s five-time Olympic champion Kaylee McKeown turned the tables on world record-holder Regan Smith in the women’s 200m backstroke with a win in 1min 58.86sec. Smith, who rallied to beat…
Each plays a unique role in guiding crypto markets toward safe, compliant growth.FATF’s Focus: Tackling Unregistered Foreign Crypto PlayersThe Financial Action Task Force (FATF) — the world’s top intergovernmental body combating money laundering and terrorist financing — released its sixth targeted review on global crypto regulation. The findings sounded a clear warning: unregistered foreign crypto players remain a systemic risk to global financial integrity.FATF’s Sixth Targeted ReviewThe FATF report found that many jurisdictions still face major challenges in identifying the natural persons or entities behind offshore crypto activities. Despite several policy advances, enforcement remains patchy, and transparency is lagging.Travel Rule…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…
Ethereum price started a fresh recovery above $4,000. ETH is now showing positive signs but faces a major resistance near the $4,250 level. Ethereum started a recovery wave above the $4,000 and $4,100 levels. The price is trading above $4,150 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $4,100 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it trades above $4,250. Ethereum Price Starts Recovery Ethereum price started a recovery wave after a massive selloff below $3,800, like Bitcoin.…
The cryptocurrency market experienced a historic one-day selloff recently, triggered by statements from US President Donald Trump threatening to impose 100% tariffs on Chinese goods.The announcement sent shockwaves across multiple asset classes, including currencies, metals, equities, and crypto.Major cryptocurrencies like Bitcoin, Ether, and Solana saw steep declines. Bitcoin fell from around $115,000 to $103,000, Ether dropped nearly 14.5% from $4,300 to $3,700, and Solana declined almost 20% from $223 to $178. Overall liquidations in the crypto market totalled nearly $18.2 billion, marking the largest single-day selloff in history. Bitcoin accounted for $5 billion of this, Ether $4 billion, and Solana…
Two MIT-trained brothers accused of a $25 million crypto heist go on trial Tuesday.A federal jury in Manhattan must decide if the 12-second transaction was fraud or fair play.The Peraire-Bueno brothers are charged with conspiracy, wire fraud, and money laundering.Federal prosecutors allege two MIT-educated brothers pulled off a cryptocurrency heist in a matter of seconds, stealing $25 million in a “first-of-its-kind” fraud scheme.The brothers’ defense? There was no fraud at all. All they did was outsmart some “predatory” automated trading bots. In the dog-eat-dog Wild West of crypto trading, it was fair game, not fraud.That’s what defense attorneys for Anton…
Bitcoin price corrected losses and traded above the $114,000 level. BTC is now struggling and might face hurdles near the $116,000 level. Bitcoin started a recovery wave above the $113,500 resistance level. The price is trading below $116,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $119,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it trades below the $113,500 zone. Bitcoin Price Starts Recovery Bitcoin price started a recovery wave after a massive liquidation event below $110,000. BTC…
Scammers are targeting victims — especially older Americans — by impersonating officials and directing them to deposit money into cryptocurrency ATMs. Victims lose tens of thousands of dollars in transactions that police say are nearly impossible to trace or recover.How the scam worksFraudsters call victims and pretend to be:Government agentsLaw enforcement officersBank security personnelFamily members in distressThey tell the victim their bank account has been compromised or that they must urgently move money to protect it. Then they direct the victim to a Bitcoin ATM, where the cash gets converted into crypto and sent to a wallet the scammer controls.These…
NEW DELHI: The West Indies did not lose a wicket after tea to be 173-2 in their second innings at the end of day three of the second Test on Sunday after following on, but still need 97 runs to make India bat again. India’s Kuldeep Yadav earlier took five wickets at Delhi’s Arun Jaitley Stadium as the hosts bowled out the West Indies for 248 in their first innings after lunch, a deficit of 270. Captain Shubman Gill enforced the follow-on and the visitors lost two wickets before tea. But opener John Campbell then reached 87 not out and…
Friday’s flash crash across Bitcoin and the wider crypto markets was difficult, distressing and fatal.On Saturday morning, it was confirmed that the body of a 32-year-old Ukrainian investor had been found in the passenger seat of his Lamborghini in Kyiv.Detectives say he had suffered a gunshot wound to the head — and a weapon registered in his name was found next to him.The investor has been identified as Konstantin Galich, otherwise known as Kostya Kudo, who founded an educational website called Cryptology Key.Kostya Kudo was just 32 years oldAt this stage, investigators are working on the assumption that he died…