Blender and Sinbad operators face US money laundering charges

A report outlined by blockchain analytics company Chainalysis has revealed that two hacker groups have reportedly stolen $1 billion in cryptocurrency, the Wall Street Journal (WSJ) reports on Jan. 28.According to the new report shared with the Wall Street Journal, the two entities — which Chainalysis calls Alpha and Beta — have received the majority…

Artificial intelligence is touted to provide a number of benefits to the management of pension funds, according to research from Mercer. Artificial intelligence could be used by pension funds to cut costs, increase investment returns and highlight possible risks, but there are still “significant challenges to overcome” with its use, says the Mercer CFA Institute

Bitcoin has the ability to replace gold as a safe haven for investors as the world turns digital, says Nigel Green. 2731 Total views 19 Total shares Nigel Green, the CEO and founder of financial consultancy firm deVere Group, says Bitcoin’s recent bullish activity shows it has the power to replace proven safe haven assets…

A survey of U.S. financial advisers concluded that most believe approval will not come until at least 2025. 9932 Total views 20 Total shares While many crypto holders anxiously await the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, one group of financial experts appears to be pessimistic about this

Authorities from two U.S. states have implored the Criminal Investigation Department (CID) in India to seize the property of promoters of Bitcoin (BTC) investment firm BitConnect, the Times of India reported September 11.BitConnect, which ceased its operations in January of this year, was an open-source cryptocurrency and an investment program accused of being a Ponzi…

It was early in March when India’s Supreme Court delivered a historic verdict on a landmark case that promised a new era for crypto in India. The Supreme Court moved to lift the Reserve Bank of India’s controversial ban on banks issuing services to crypto-related firms.It seems, however, that not all banks are complying with…

"The poly did offered a bounty, but I have never responded to them. Instead, I will send all of their money back," said the hacker. 291 Total views 138 Total shares The hacker behind a $610 million attack on the cross-chain decentralized finance protocol Poly Network has returned almost all of the stolen funds amid…

Cryptocurrency enthusiast John McAfee's crypto trading platform was immediately targeted by hackers with a denial of service (DOS) attack following its launch, according to an official Twitter post from McAfee on June 12.According to the post, the web servers for the “McAfeeMagic” trading platform, were hit with a cloaked High Orbit Ion Cannon (HOIC) DOS…