U.S. Blacklists Crypto Network Behind Ruble-Backed Stablecoin and Shuttered Exchange Garantex

OKX - VIRTUAL is currently priced at $1.18, with a 13.87% drop over 24 hours. 24-hour transaction volume of 200 million US dollars, a decrease of 17.87%, for reference only

Powell will deliver a key economic speech on August 22nd Federal Reserve Chairman Powell will give a speech at the Jackson Hole Central Bank Meeting on August 22 at 10:00 Eastern Time, focusing on the economic outlook and policy framework assessment. The current market expectation is that the Federal Reserve may cut interest rates by 25 basis points next month, while also paying attention to Powell's succession issue, whose term will end in May next year.

U.S. officials accused Garantex, Grinex, A7A5 token issuers and executives of laundering ransomware proceeds and evading sanctions.

US Department of Justice seizes $2.8 million in cryptocurrency related to extortion case The US Department of Justice announced the seizure of approximately $2.8 million in cryptocurrency, $70000 in cash, and a luxury car in a case involving ransomware attacks. The suspect is accused of obtaining ransom through extortion and using the closed cryptocurrency mixing service ChipMixer for money laundering.

Federal Reserve's Barkin: 4.2% unemployment rate is at a normal level Federal Reserve official Barkin stated that a 4.2% unemployment rate is not a bad number. At present, the unemployment rate remains stable, and the slowdown in employment growth is consistent with the slowdown in labor force growth.