21-Year-Old Trader Prosecuted Over Bitcoin Money Laundering

news Japanese e-commerce giant DMM.com is reportedly in the process of withdrawing its cryptocurrency mining business in the country, just months after it set up the operation in early 2018. A news report from Nikkei on Dec. 30 said DMM made the decision on the withdrawal in September 2018 as the overall cryptocurrency market slump led…

Sep 22, 2020 at 13:45 UTCUpdated Sep 22, 2020 at 13:57 UTC(kenkistler/Shutterstock)The U.S. government has made one of the biggest drug busts in history, with half a tonne of narcotics and millions of dollars in cash and cryptocurrencies taken from dealers that use the dark web. The Department of Justice (DoJ) announced the results of…

April 4: Velodrome, an AMM-based decentralized exchange on Optimism, officially announced their second major deployment onto the BOB (Build on Bitcoin) network, a Bitcoin layer-2 network with EVM compatibility. According to the BOB team: "The Superchain is a network of interoperable layer-2 chains that will share bridging, governance, upgrades, a communication layer and more, all

Blockchain protocol Algorand (ALGO) has expanded its footprint in India by securing new partnerships with NASSCOM, India's trade body and chamber of commerce for the tech industry, TiE Bangalore, a global venture supporting entrepreneurs, and the Mann Deshi Foundation which supports India's first rural bank for women.Earlier this year, the Algorand Foundation branched into India

Nov 6, 2020 at 15:16 UTCUpdated Nov 6, 2020 at 15:38 UTCElvira Nabiullina, Bank of Russia chief (BoR Press conference)A group of central banks says the coronavirus pandemic is a driving force behind growing interest in national digital currencies.Governors of 26 central banks met in Russia to discuss the pandemic and its financial ramifications, according…

Crypto billionaire and Tron network founder Justin Sun withdrew $29.7 million of ether (ETH) from liquid staking platform Lido Finance, then sent the tokens to crypto exchange Huobi, blockchain data shows.Sun’s crypto wallet received a total of 15,805 ETH from Lido’s withdrawal address on Thursday after requesting to unstake the tokens the day before, data…

Michael J. Casey is the chairman of CoinDesk's advisory board and a senior advisor for blockchain research at MIT's Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. The virtuous circle that saw buyers of ethereum-based ERC-20 tokens drive ether's price above $1,400…

National security officials with the U.S., South Korean and Japanese governments discussed North Korea's crypto thefts and other efforts to work on its nuclear and ballistic missile programs, the White House announced Friday night.U.S. National Security Advisor Jake Sullivan, Republic of Korea National Security Advisor Cho Tae-Yong and Japan National Security Advisor Takeo Akiba met

A U.S. court approved FTX’s bankruptcy plan on Monday, which will see the majority of the crypto exchange’s customers get the equivalent of their 2022 losses, and then some. The decision confirms the FTX estate’s second amended bankruptcy plan, which was filed in September and met with the approval of 96% of voting creditors by