Headlines

North Korea Is Creating Fake Meme Coins to Launder Millions From the $6.4B Binance Hack

Six meme coins created on NEAR helped North Korean hackers move stolen funds, with almost no genuine trading activity involved. North Korean hackers are creating their own meme coins to move stolen stash from the Binance hack, according to blockchain analytics firm Elliptic. The attackers are using newly launched tokens and decentralized exchange liquidity…

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Deutsche Bank forecasts 3 straight Fed hikes through March

Deutsche Bank has added a January interest rate hike to its forecast after October’s hotter-than-expected US inflation report, putting three consecutive quarter-point moves on its expected path through March 2027. Summary Deutsche Bank now expects quarter-point Fed hikes in December, January and March, reaching 4.50%–4.75%. October consumer prices rose 0.4%, while core inflation held at…

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