Wallets affiliated with the North Korea-based Lazarus Group have sent over $30 million via Hyperliquid, according to chain analysis from Arkham. This information was revealed on August 31 by Arkham researcher Emmett Gallic. He identified the transactions carried out within about three weeks. These funds went through HyperUnit, where the
The chief research officer of Grayscale Research, Zach Pandl, connected the recent bond repurchases by the US Treasury to increased pressure exerted by the level of government debt. The US Treasury will conduct more open market purchases of long-term notes and bonds prior to their retirement. According to Pandl, the
• The International Monetary Fund stated that “many stablecoins do not have a true independence from the U.S. dollar and could become private dollar systems.” • The IMF warned that the “global adoption of dollar-linked stablecoins could undermine central banks’ monetary control.” The International Monetary Fund released a report that
The BRICS Alliance reported that they are set to discuss the launch of a common currency used for international trade. This report comes ahead of their annual summit, which will take place this summer. The nations are continuing to put their efforts into degrading the U.S. dollar’s dominance in international
The U.S. dollar turned slightly up today as traders and investors await the Federal Reserve Chair Jerome Powell’s testimony ahead of the last week’s jobs report, which will probably determine how much further the U.S. central bank raises interest rates. According to the Federal Reserve government report, Fed Chairman Jerome
DXY hit the 114.5 level and touched 2003 high. Sterling recorded an all-time low of $1.0387. The U.S. dollar currency index (DXY) overcame significant opposition to reach its highest level since July 2002. As sterling fell to a record all-time low, the dollar index kept surging and flipped the RSI
