Benito Cormi

Fed Keeps Interest Rates Stable, Looks for Assured Inflation Progress; Bitcoin and Gold Maintain Steadiness

Benito CormiJan 31, 20242 min read

Fed Holds Rate Steady, Focusing on Inflation Control Confidence The U.S. Federal Reserve has decided to maintain the federal funds rate at its current level until…

New York Community Bancorp Struggles with 40% Share Decline After Disappointing Financial Results

Benito CormiJan 31, 20242 min read

Last Year’s Banking Concerns Resurface with NYCB’s Earnings Decline New York Community Bancorp (NYSE: NYCB), which acquired Signature Bank, is facing financial challenges as its stock…

Grayscale Bitcoin Trust Experiences Reduced Pace of Decline as New ETFs Gain Traction, Amassing Over 160,000 BTC

Benito CormiJan 31, 20243 min read

Trend of GBTC Outflows Slows Down as Holdings Decrease In the most recent update, Grayscale’s Bitcoin Trust (GBTC) experienced a decrease of 4,461.36 bitcoin, valued at…

Unauthorized Access to XRP Accounts of Ripple Executive Chris Larsen Results in Freezing of Crypto Exchange Assets

Benito CormiJan 31, 20242 min read

$112.5 Million Transferred From Chris Larsen’s Accounts There has been a lot of buzz in the X community regarding a significant transfer of XRP from Chris…

30-Day Growth of Stablecoin Market Cap Reaches $4.85 Billion: USDT, USDC, FDUSD Leading the Way

Benito CormiJan 31, 20243 min read

The Growing Stablecoin Market In the last month, the combined market capitalization of leading stablecoins has shown significant growth, increasing from $131.71 billion to $136.56 billion.…

UK Trial Begins for Woman Allegedly Involved in Chinese Fraudster’s Bitcoin Money Laundering Scheme

Benito CormiJan 31, 20242 min read

Zhang’s Alleged Bitcoin Laundering A British-Chinese woman named Jian Wen is currently facing trial in the UK for allegedly laundering bitcoins that were obtained through a…

Bitcoin Analysis: Converging Indicators and Federal Reserve Ruling Await

Benito CormiJan 31, 20243 min read

Bitcoin’s Fluctuating Trading Value In the last hour, the trading value of bitcoin has ranged between $42,525 and $42,715, showcasing its dynamic price range. Over the…

Over $82 Million Worth of Digital Assets Blocked by Korean Crypto Exchanges to Combat Romance Scammers

Benito CormiJan 31, 20243 min read

South Korean Exchanges Thwart Romance Scams and Voice Phishing Rise in Romance Scams Last year, South Korean cryptocurrency exchanges successfully prevented cybercriminals from stealing over $82.6…

SEC and DOJ Take Legal Action Against Individuals Involved in $1.9 Billion Hyperfund Cryptocurrency Scam

Benito CormiJan 31, 20242 min read

The SEC and DOJ Take Action Against $1.9 Billion Hyperfund Crypto Fraud The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have…

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