Australia proposes stricter crypto rules to curb financial crime
Australia proposes tighter AML/CTF rules targeting crypto exchanges, legal services and real estate to combat financial crime.
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Phishing Attack on Electrum Wallet Nets Hacker Almost $1 Million in Hours, Report
A reportedly ongoing hack against cryptocurrency wallet Electrum has seen a malicious party steal almost 250 Bitcoin (BTC) (about $937,000), commentators reported on social media Dec. 27.Subsequently confirmed by Electrum itself, the attack consists of creating a fake version of the wallet that fools users into providing password information.“The hacker setup a whole bunch of…
IOST, SKALE Network and CELR gain 30% as traders call for an altseason
CELR, IOST and SKALE secured double-digit gains, thanks to a handful of protocol upgrades and announcements related to cross-chain ability.
Dedicated crypto teams booming within traditional financial firms
Despite the financial volatility that has engulfed the global economic landscape over the last month or so, there seems to be no stopping the growth of the cryptocurrency market, especially the nonfungible token (NFT) sector. This growth is highlighted by the fact that crypto’s total market capitalization has increased from around $800 billion to $1.8…
Pro basketball league in Canada will offer players Bitcoin salaries
"The ability to have part of my salary go directly into an investment that I believe will appreciate greatly over the next 10-30 years is a no-brainer,” said Guelph Nighthawks guard Kimbal Mackenzie. 313 Total views 2 Total shares The Canadian Elite Basketball League will be allowing players from its seven teams to accept a…
Should Bitcoin traders be worried about lower highs ever since $12K?
The previous months have given incredible volatility across the boards, including Bitcoin (BTC). However, in recent weeks, the volatility drastically decreased to a state of boredom.The overall momentum and bullishness have left the crypto markets only to be replaced by range-bound sideways movements. In other words, very boring. However, what is the crucial Bitcoin price level…
Crypto gambling site Stake sees $16M withdrawals in possible hack
Unusually large withdrawals were made from Stake to an account with no previous activity, including $3.9 million in Tether and $9.8 million in Ether. Crypto gambling site Stake has experienced $16 million in withdrawals on Sept. 4 in what security platform Cyvers Alerts is calling “suspicious transactions.” The withdrawing account has been labeled “Stake.com Hacker”
Chainalysis to appear in court over $650M defamation suit
The suit alleges Chainalysis falsely labeled the YieldNodes project a scam.
Brazilian Regulators Create DLT Platform for Screening Politicians
Four of Brazil’s financial regulatory institutions are collaborating to build a streamlined blockchain-based data-sharing platform to perform background checks on political representatives and corporations.The platform, dubbed PIER, was developed by Brazil’s central bank Banco Central do Brasil (BCB). The platform saw initial participation from the BCB, the Brazilian private insurance superintendent, and the local securities…