Blockaid says it caused crypto drainer to shut down, defends against claims of 'false positives'

If the words “derivatives trading” conjures up images of men in suits with disheveled white sleeves rolled up to the elbows and exacerbated expressions on their faces — like something out of The Big Short — then the word decentralized exchanges (DEXs) must conjure up, well, nothing. There are no offices, no floor traders waving papers…

Chainalysis held a webinar on April 15 to discuss the impact of COVID-19 on crypto crime. During this meeting, the company revealed that criminals claim to be selling coronavirus-infected blood on the darknet.COVID-19 hurts crypto criminalsAccording to Chianalysis, darknet markets have not been immune to the adverse effects of the pandemic, with a 33% decline…

Nonfungible tokens, or NFTs, are turning out to be a treasure store with prices striding into the millions of dollars. Instances of an NFT garnering more than $69 million or a tweet fetching $2.9 million are not a fantasy, but an incredible reality.In 2021, an NFT by digital artist Beeple, or Mike Winkelmann, sold for…

“DeFi has proven to be a resilient and reliable option for users in the face of the overarching CeFi collapse in 2022,” said Eric Chen, CEO of Injective Labs. 1020 Total views 20 Total shares Own this piece of history Collect this article as an NFTInjective, a layer-1 blockchain protocol founded in 2018, has launched…

GameFi initiatives have seen a steep increase since June 2021, owing to a sizable reduction in transaction costs and improved user experience. 632 Total views 7 Total shares Crypto exchange Huobi’s research arm, Huobi Research, has identified a rising interest in blockchain gaming as a direct impact from GameFi initiatives. GameFi implies the use of…

The Eurasian Economic Union’s member states did not support an initiative to synchronize crypto regulations. 1999 Total views 12 Total shares Member states of the Eurasian Economic Union, or EAEU, have been struggling to come up with a shared stance regarding cryptocurrency regulations, according to an official.Iya Malkina, assistant chairman of the Eurasian Economic Commission…

The company’s latest initiative will allow users to open up a U.S. dollar checking account with only their name, email, and phone number. 912 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTAmerican fintech company ZELF has introduced an anonymous Visa debit card to be accepted at any…

IRS broadens the classification of crypto, Ripple gets another point in a case against SEC, and Hong Kong considers its own regulatory framework in opposition to China. 152 Total views 2 Total shares No matter how much attention the United States Securities and Exchange Commission (SEC) or Commodity Futures Trading Commission gets in the crypto…

Cryptocurrency companies may constantly be trying to improve their usability and security, but when there’s a weakness for hackers to exploit, they go big or go home.According to court documents released by Seamus Hughes at Program on Extremism, the United States District Court for the District of Columbia already convened a grand jury to issue…