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blockonomi.com Ethereum Foundation Allocates 2,400 ETH to Morpho DeFi Vaults

TLDR The Ethereum Foundation has deployed 2,400 ETH and $6 million in stablecoins to Morpho’s yield-generating vaults. This move is part of the Foundation’s strategy to optimize treasury management using decentralized finance protocols. Morpho Vault v2 and Morpho Blue v1 are fully open-source and align with the Ethereum Foundation’s core values. The Foundation aims to [...] The post Ethereum Foundation Allocates 2,400 ETH to Morpho DeFi Vaults appeared first on Blockonomi.

blockonomi.com OKX Freezes Huione-Linked Transactions Amid Laundering Charges

TLDR OKX implemented strict anti-money laundering measures following the U.S. authorities’ sanctions against the Huione Group. The U.S. Treasury and FinCEN identified Huione Group for laundering over $4 billion in criminal proceeds. OKX announced that any transactions linked to Huione will undergo complete compliance investigations. The exchange may freeze accounts or suspend services tied to [...] The post OKX Freezes Huione-Linked Transactions Amid Laundering Charges appeared first on Blockonomi.

news.bitcoin.com US Government May Have Quietly Seized Another $2.4B in Bitcoin Linked to Lubian Mining Pool

Over the past 24 hours, attention has zeroed in on the freshly confiscated bitcoins now in U.S. government custody — and the mining pool allegedly built on dirty money funneled through Chinese fugitive Chen Zhi and his notorious Prince Group scam ring. Another $2.4B in Bitcoin Could Be in U.S. Custody Interestingly, the Department of […]

news.bitcoin.com Bitcoin Falls to $111K as Trump Administration Implements Price Floors to Counter China

U.S. Treasury Secretary Scott Bessent says the move is necessary to compete effectively against “non-market” economies like China. Trump’s Anti-China Price Controls Send Bitcoin to $111K China and the U.S. are now embroiled in an all-out trade war and it appears bitcoin has taken the brunt of the impact, more so than stocks. U.S. Treasury […]