Conor Devitt

2 days ago | dailyhodl.com | Conor Devitt

The Australian government’s financial intelligence agency has imposed $5,000 cash withdrawal limits on crypto ATMs.The Australian Transaction Reports and Analysis Centre (AUSTRAC) adopted the new rules and refused to renew the registration of one crypto ATM operator, Harro’s Empires, after an agency task force flagged “worrying trends” in digital asset ATM compliance, according to a new press release.

3 days ago | dailyhodl.com | Conor Devitt

Coinbase’s massive data breach was reportedly linked to an outsourcing firm operating in India. An India-based employee of the U.S. outsourcing firm TaskUs took photos of her work computer with her personal phone but was caught, according to a new Reuters report, which cited five anonymous former TaskUs employees. The woman allegedly had been paid by hackers to pass along Coinbase customer information and had a suspected accomplice.

1 week ago | dailyhodl.com | Conor Devitt

The bankrupt crypto exchange FTX has begun distributing more than $5.4 billion to creditors. The payouts represent the exchange’s second round of distributions after smaller creditors categorized in FTX’s “Convenience Class” started receiving repayments in February. Creditors in this round include “convenience class” members and larger claims. They will all receive funds via BitGo or Kraken within one to three business days from Friday, per a new press release.

1 week ago | dailyhodl.com | Conor Devitt

Stocks and crypto lost a little bit of ground on Friday as President Donald Trump accused China of violating a recent trade agreement. Trump says on Truth Social that he had previously decided to make a deal with China because his tariffs were plunging the Asian giant into “grave economic danger.”But according to Trump, his efforts did not pay off, as he says China breached a deal with the United States. “I saw what was happening and didn’t like it, for them, not for us.

1 week ago | dailyhodl.com | Conor Devitt

U.S. Federal Reserve Chair Jerome Powell met with President Donald Trump following the White House’s broadsides against the Fed’s monetary policy choices. The Fed, however, noted in a statement following the meeting that Powell did not discuss interest rate expectations with the president. “At the President’s invitation, Chair Powell met with the President today at the White House to discuss economic developments including for growth, employment, and inflation.