Canadian authorities have fined Xeltox, the operator of cryptocurrency service Cryptomus, 177 million Canadian dollars, Bloomberg reported. The Vancouver-based company provides cryptocurrency trading,...

Canadian authorities have fined Xeltox, the operator of cryptocurrency service Cryptomus, 177 million Canadian dollars, Bloomberg reported. The Vancouver-based company provides cryptocurrency trading, payment, wallet, and peer-to-peer (P2P) trading services.

According to the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Cryptomus failed to report suspicious transactions to authorities that were potentially linked to money laundering from activities including the trafficking of child sexual abuse material, fraud, and ransomware.

Canada fines Cryptomus operator C$177M

Author: Dingdang
I experienced two "Huamen" market crashes in one day.
As professional trader Eugene said, the crypto market is experiencing a hellish level of difficulty, and even excellent traders may not be able to escape the fate of being repeatedly "harvested."
Let's first look at the market data. BTC surged to $114,000 before plummeting, currently trading at $108,260, a 24-hour drop of 1.85%; ETH fell from $4,110 to $3,850, a drop of 2.73%; SOL is currently trading at $186, a drop of 0.98%; BNB...

Two "painting gates" in one day, both long and short positions exploded, what is the scenario of the crypto market?

Gold prices are in a notable correction after hitting record highs. On October 21, the precious metal suffered its biggest one-day drop in more than 12 years.
Meanwhile, Bit...

Gold Just Had Its Worst Day in 12 Years — Will Bitcoin Benefit?

1.Bitwise: The 2025 gold price surge far exceeding BTC's suggests BTC's own "golden moment."
The current crypto market has two core questions about Bitcoin: 1. Why is the price of gold so much outperforming Bitcoin? 2. Given the massive buying from ETFs and companies, why is Bitcoin's price stagnant? A careful examination of the first question reveals the answer to the second—and this answer paints a highly bullish picture for Bitcoin's future. Click to read.
2. Bloomberg reports: Hong Kong and other major Asia-Pacific stock exchanges oppose DATs.
Asia...