How the mighty have fallen: Amazon (NASDAQ: AMZN) has given up nearly all the gains it made after 2020's big coronavirus-fueled sell-off. Here's why Amazon and Alphabet are still two of my highest-conviction stocks in 2023. To be sure, Amazon and Alphabet have some drawbacks. Read More...
Reuters
Crypto crime hits record $20 billion in 2022, report says
Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed, data from blockchain analytics firm Chainalysis showed on Thursday. Even as overall crypto transaction volumes fell, the value of crypto transactions related to illicit activity rose for the second year running, Chainalysis said. Transactions associated with sanctioned entities increased more than 100,000-fold in 2022 and made up 44% of last year’s illicit activity, Chainalysis said.
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