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#BTCUSDT UPDATE Bitcoin is forming a falling wedge, a bullish reversal pattern. The price recently bounced from strong support around $81,000, but resistance at $86,000–$88,000 is holding back further upside. A breakout above this zone with strong volume could push BTC toward $94,000–$100,000. If BTC fails to break out and loses $81,000, a drop toward $77,000–$74,000 is likely. Watch for a breakout confirmation before taking a position, as a decisive move is expected soon.

AllianceBernstein Holding L.P. ($AB) has been catching the attention of investors, with varying opinions on its future stock price. Currently trading at $37.83 as of March 4, 2025, predictions for $AB’s next move are divided. Some analysts are optimistic. MarketBeat estimates an average price target of $42.75 within the next 12 months, with some predictions going as high as $51.00. If accurate, this could mean solid gains for investors. (MarketBeat) StockAnalysis shares a similar viewpoint, projecting a price of $43.00, which would represent a 14.18% increase. (StockAnalysis) On the flip side, StockScan offers a more cautious perspective, forecasting a drop to an average of $28.64 in 2025. This would mean a 23.77% decline, which could be concerning for investors. (StockScan) With these mixed projections, the future of $AB remains uncertain. Investors should consider multiple viewpoints, stay informed on market trends, and approach any investment with careful research before deciding whether $AB is a buy, hold, or sell. $AB

Lazarus Group launders $138M from the $1.4B Bybit hack. Can regulations stop future attacks?The recent Bybit hack has rattled the cryptocurrency industry. Hackers stole an astounding $1.4 billion and are rapidly laundering their stolen funds. Security researchers, law enforcement agencies, and industry leaders are responding urgently to contain the damage. The FBI and blockchain analysts are tracking and attempting to block these illegal transactions. However, hackers keep exploiting security flaws on decentralized platforms. This breach has reignited concerns about weaknesses in crypto security. Some community members are now urging stronger protective measures and improved risk management strategies to prevent future attacks. Lazarus Group Lanunders Nearly 70% of Stolen Crypto The North Korean Lazarus Group hackers masterminded one of the largest crypto hacks in history and stole $1.4B. Now, Lazarus group launders these stolen funds. EmberCN, a crypto researcher, has analyzed this group’s movements and has presented his findings. According to him, in their latest move, the Lazarus Group has laundered 62,200 ETH worth $138 million. This brings the amount of laundered funds to a staggering 343,000 ETH. With this movement, the hackers covered nearly 68.7% of the 499,000 ETH stolen in the infamous attack. The crypto researcher EmberCN projects that based on the current rate, the total funds will be laundered within three days. Such development is happening despite the FBI’s efforts to curb these hackers’ progress. FBI Calls for Industry Action FBI crypto investigation led to the release of a public announcement and addressed the hacking operation as TaderTraitor. This announcement highlighted how Lazarus Group hackers behind TraderTraitor are distributing the stolen funds in thousands of wallets. Moreover, it also mentions how the hackers have turned the assets into Bitcoin and other assets. These assets are expected to be turned into fiat currency after Lazarus Group launders them. Image 1 – Provided by FBI, published on crypto.news, March 3, 2025 In this announcement, the FBI also asked private companies and RPC node operators for assistance in this case. They provided addresses that were linked to the hackers and their activity. Moreover, the blockchain analytic firm Elliptic has also helped with the tracking process and has marked 11,000 wallets. As such, the FBI asked exchanges and other asset service providers to block any connection to these wallets and addresses. What Went Wrong at Bybit? According to Chainalysis, despite the FBI crypto investigation, the hackers have used various services without KYC requirements to hide their trail. They have used instant swap platforms, cross-chain services, and decentralized exchanges to launder the stolen assets. This incident has also caused discussions among crypto enthusiasts and the community about the security of crypto platforms. The release of a forensic review by Bybit also pinpointed the cause of the safe wallet system, further igniting the discourse. The founder of the decentralized data storage network AR.IO, Phil Mataras, highlighted the importance of tamper-proof storage in mitigating hack impacts. Louis Bellet, a lead architect in a decentralized network, also mentioned how the industry needs stronger security systems. The CEO of Panther Protocol stated that the hack was caused by poor management rather than a flaw in centralized exchanges. He added that it was shocking that Bybit was not using air-thigh security systems. Moreover, he said it is inexcusable for the safe wallet to allow for such security vulnerability. How Digital Assets Can Be Made Safer In the future, Regulators may impose stricter rules on exchanges and decentralized platforms to prevent hacker exploitation. AI-driven security systems and stronger KYC/AML enforcement could become standard to counter cyber threats. Advancements in quantum computing and zero-knowledge proofs might transform security measures, making asset laundering harder for hackers. Authorities and developers will likely collaborate to close loopholes and enhance protection against cyberattacks. The future of digital asset security depends on proactive innovation and global cooperation. The post Bybit Hack: Lazarus Group Launders $138 Million as Crypto Security Fears Grow appeared first on Coinfomania.

The exclusive decision made by the U.S. Treasury Department has seemingly presented a breath of fresh air for local businesses. The policy discloses that domestic businesses do not need to report anti-money laundering cases under the Corporate Transparency Act (CTA). This decision removes a key financial transparency rule that requires Companies to disclose their true owners to the Financial Crimes Enforcement Network (FinCEN). The main intention of this move is to lessen the regulatory burdens on small businesses, yet it increases financial transparency risks. Easing Burdens for Small Businesses The Treasury Department announced that it will no longer enforce penalties under the CTA for U.S. citizens and domestic businesses. This means that millions of companies will no longer need to report their ownership structures. According to officials, the exemption will help small businesses by reducing red tape and compliance costs. “Treasury takes this step in the interest of supporting hard-working American taxpayers and small businesses,” an excerpt from the Treasury statement reads. The department plans to issue a new rule that limits CTA reporting requirements to foreign businesses only. Many in the business community and crypto industry see this as a positive step. Smaller firms will no longer deal with complex paperwork and regulatory compliance. Crypto exchanges, wallet providers, and decentralized finance (DeFi) startups are expected to benefit from reduced administrative burdens. Concerns Over Illicit Financial Activities Despite the relief for businesses, critics argue that removing transparency requirements could make it easier for bad actors to misuse the financial system. Anti-money laundering experts warn that without clear ownership disclosures, shell companies could be used to hide illicit funds, finance drug trafficking, or engage in fraud. The U.S. introduced the CTA in January 2021 to combat illegal financial activities by ensuring greater transparency in business ownership. Now, with the rollback, some fear that the U.S. may become a haven for money laundering and financial crimes. Impact on the Crypto Industry The change in the policy has had a significant effect on the crypto market. Previously, crypto businesses reported their financial owner details under the CTA. With the current liberalization, the U.S.-based crypto exchanges and decentralized platforms (DeFi) will no longer need to disclose ownership structures. Supporters of this policy change argue that fewer regulations give a large scope for innovation and growth of the crypto market. Many also believe that excessive regulations can end opportunities and stifle startups. A Divisive Decision Many small business owners welcome this policy with open arms while others worry about the future consequences. Economists and financial observers are keenly looking into policy changes. This relief may attract criticism from international regulators fighting for strict rules over the crypto market. For now, the policy change is seen as a win for businesses looking for regulatory relief. However, the long-term impact on financial security remains uncertain. Will the benefits of reduced regulation outweigh the risks? Only time will decide. The post CTA Exemptions: Regulatory Relief or Financial Risk? appeared first on Coinfomania.

The concept of units of Bitcoin being stored in US strategic reserves is starting to receive greater focus as observers are wondering if it would be worth adding Bitcoin to the asset list that already contains gold and foreign currencies. But does this action significantly expose the U.S. financial system, or is it a decision that has an optimum opportunity cost? Bitcoin as A New Asset Class Decentralization and a supply cap of 21 million coins are some of the qualities that make Bitcoin attractive. Diversifying reserve currencies in the U.S. could help strengthen the economy and help solve the issue of inflation. Unlike traditional fiat currencies, which central banks can generate at their own will, Bitcoin has a fixed supply, making it immune to inflation. Further, Bitcoin value is argued to be associated with gold, and its modifications or COVO of value is long-term reliable. The US can integrate this new technology and reserve currency type while simultaneously securing its wealth from volatile economic conditions by placing Bitcoin in its reserves. The Volatility Risk While Bitcoin offers exciting prospects, its volatility is a main issue. In contrast to gold, which has seen a more consistent value over the decades, the price of Bitcoin keeps changing. Bitcoin’s worth fluctuated between $29,000 and $68,000 in 2021, showing just how volatile it is. The volatility is a huge issue when considering it for U.S. reserves. The national reserves’ main function is to introduce stability to economic declines. Hence, if the price of Bitcoin plummets unexpectedly, the U.S. could lose a lot of money, destabilizing its reserves and undermining confidence in the economy. Liquidity Issues Another issue is the liquidity of Bitcoin. Although Bitcoin is widely traded, it’s still a relatively new asset class compared to traditional reserve currencies. In times of economic downturn, the U.S. would need to quickly convert reserves into cash to support the economy. Bitcoin’s market can experience episodes of illiquidity, where large transactions could cause drastic price movements. This makes uncertain whether or not Bitcoin could readily be liquidated without impacting its value, making it difficult to play the role of a reserve asset of sorts. The United States needs quickly available reserves that can be converted into currency, and Bitcoin liquidity may not be sufficient. Regulatory Challenges The decentralized nature of Bitcoin provides a huge problem for regulation. Since Bitcoin is not governed by any central authority, it is difficult for governments to regulate. To make Bitcoin part of the U.S. reserves, there must be clearly outlined regulations. If it is not regulated, then Bitcoin could expose the U.S. to risks of fraud, security issues, and market manipulation. Regulatory clarity is crucial for using Bitcoin safely. However, without clear and comprehensive rules, including its use in U.S. reserves, it remains a complicated issue. A Risky Move or a Smart Diversification? While Bitcoin has so much potential for diversification, its volatility, liquidity issues, and regulatory concerns make it a risky choice for American reserves. As the future of Bitcoin in the financial sphere evolves, the United States government has to carefully consider the risk factors before deciding. The post The Bitcoin Reserve Question: Opportunity or Risk for U.S. Financial Security? appeared first on Coinfomania.