AI-driven crypto crime is only just beginning — Elliptic report

Approximately 4-weeks ago global equities markets were in distress as investors finally realized that the coronavirus was not just an illness restricted to China, but rather a global pandemic which could permanently damage economics across the globe. Crypto markets were not shielded from the mayhem that led the S&P 500 and Dow to post some of…

Physical delivery of Bitcoin (BTC) for futures on the Intercontinental Exchange (ICE)’s Bakkt platform is going strong, despite a tumultuous month for the markets.Data from Arcane Research posted on March 26 reveals that, as of March 20, the number of traders opting to receive physical delivery of the cryptocurrency rose 44% on the month.Bakkt delivery…

Following a voluntary suspension in October 2023, CEX.io has successfully resumed operations in the UK after ensuring compliance with new FCA regulations.

DeFi platforms have seen a steady surge in user activity and token prices, leading some analysts to say that the ‘DeFi Summer 2.0’ is well underway. 577 Total views 7 Total shares After a blistering start to 2021 saw token valuations and trading volumes surge to ignite the current bull market, the DeFi sector as…

Decentralized finance (DeFi) is a growing market popular with experienced crypto users. However, there are some roadblocks regarding mass adoption when it comes to the average non-technical investor. DeFi is a blockchain-based approach to delivering financial services that don’t rely on centralized intermediaries but instead use automated programs. These automated programs are known as smart contracts,…

After several delays, the South Korean government is going ahead with a plan to tax cryptocurrency holders. 5397 Total views 12 Total shares The South Korean government issued an amendment on Wednesday to introduce a tax on profits from cryptocurrency trading.Following a legislative notice lasting until Jan. 21, the amendment is likely to be enacted…

Like many people, I was originally dubious of Elon Musk’s takeover of Twitter given his historic tendency to make bold promises but later back away. That said, there is merit to his idea of adding a subscription layer to Twitter and using it to both improve curation and diversify away from advertising. If you believe…

2022 was a rollercoaster ride of ups and downs for the blockchain industry. While the year’s first quarter looked promising, the crypto industry has been on a downward trajectory ever since. While indications of a global macroeconomic slowdown increase, these headwinds hamper the blockchain industry’s potential recovery.There are some signs of stabilization in the crypto…

XRP’s fall from grace saw the asset briefly drop to the number five spot by market cap. 2745 Total views 10 Total shares Litecoin (LTC) and XRP briefly traded places in market capitalization rankings over the weekend, highlighting the impact of the recent lawsuit against Ripple filed by the United States Securities and Exchange Commission.The…