2 pig butcher busts: Feds recover $5M, ex-Kansas bank CEO jailed
United States prosecutors announced nearly $5 million worth of Tether (USDT) has been seized from a crypto scammer, while in Kansas, a former bank CEO is going to jail for embezzlement.
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Litecoin Mimblewimble Integration Sees Test Build and Codebase Progress
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Binance CEO: It’ll Be Hard for Nations to Outrun China on Blockchain
Changpeng Zhao, founder and CEO of crypto exchange Binance, says the Chinese President’s endorsement of blockchain will inevitably drive mass adoption of crypto.In an interview with Bloomberg Markets: Asia on Nov. 15, Zhao — better known by his industry moniker “CZ” — gave his perspective on the likely global impact of the recent intervention by…
Less Than 1% of Australians Used Crypto to Pay for Services in 2019
While some Australian authorities recognize cryptocurrencies as a form of investment, digital assets like Bitcoin (BTC) are apparently not very popular as means of payment in the country.Australia’s central bank, the Reserve Bank of Australia (RBA), says that less than 1% of Australians used cryptocurrencies like Bitcoin to make a consumer payment in 2019.Australian consumers…
20M JavaScript devs can now build applications on NEAR: KBW 2022
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North Korean hackers using stolen crypto to mine more crypto via cloud services: Report
Cybersecurity firm Mandiant has “graduated” a new group of hackers who finance state goals and their own existence with the help of crypto laundering. 295 Total views 12 Total shares Own this piece of history Collect this article as an NFTThe North Korean cybercrime operator APT43 is using cloud computing to launder cryptocurrency, a report…
Central Banks to Meet With Libra Founders in Switzerland on Monday
Officials from the European Central Bank (ECB) and 25 global central banks will meet with Libra to assess the financial stability risks of the project.Central bank forum to challenge LibraOn Sept. 16, Libra representatives will meet with the Committee on Payments and Market Infrastructure (CPMI), a part of the Bank of International Settlements (BIS), in…
Binance to Open US-Based Division With FinCEN Approved Partner
Major cryptocurrency exchange Binance is establishing a United States-based division with a Financial Crimes Enforcement Network (FinCEN) approved partner, according to a press release shared with Cointelegrpah on June 13.Binance is reportedly forming a new trading platform targeting U.S.-based clients dubbed Binance US, with a company called BAM Trading Services. BAM will be the operator…
Mandatory KYC verification may contradict privacy laws in South Korea
Will this legal contradiction be resolved before the deadline? With the South Korean government preparing to implement know-your-customer (KYC) and anti-money laundering (AML) compliance processes, there is confusion among legal experts as to whether the requirements contradict other laws.According to Digital Today, the new requirements would contravene the existing Personal Information Protection Act, which stipulates…