Canadian regulator fines Binance $4.4M for AML and CFT violations

Israel-based Sapiens reportedly paid in Bitcoins for a ransom requested during an attack that reportedly happened between March and April. 1019 Total views 29 Total shares An Israel-based company reportedly paid $250,000 in Bitcoin for a ransom payment demanded by hackers that threatened to shut down its systems after a ransomware attack.According to a source…

A transaction on the Ethereum blockchain is technically initiated by an external account owner (not a contract). For example, if User A sends 1 Ether (ETH) to User B, the action of debiting from one account and crediting to another changes the blockchain’s state.The change specifically takes place on the Ethereum Virtual Machine (EVM). Ethereum…

Indian banks have reportedly been slow to accept the Supreme Court’s decision allowing them to do business with crypto firms. 1770 Total views 54 Total shares Kotak, India’s leading private bank, has reportedly become the first to open its gates to the crypto community, per a report published in the Economic Times. The banking giant announced it…

Many Bitcoiners believe that 'unlimited money printing' will cause hyperinflation and a major BTC price spike this year — but experts in the U.S. and Australia predict deflation is more likely to be on the cards.The Reserve Bank of Australia, ING Bank, The New York Times and UBS are just a handful of organisations who…

Korea Blockchain Week (KBW) 2022 wrapped up its two-day mainstage events this evening, which again saw a number of influential speakers take to the podium including Janine Yorio of Everyrealm, Yat Siu of Animoca Brands and Sky Mavis’ Jeffrey Zirlin.Held at the Grand Intercontinental Seoul Parnas, the second-day conference saw thousands of attendees engaged across three…

Bitcoin (BTC) felt more bullish than ever June 9 after another 24 hours of upside propelled markets close to $13,000. Market visualization courtesy of Coin360Data from Coin360 painted a rosy picture for cryptocurrency traders, with bitcoin still leading the way in terms of daily gains. At press time, BTC/USD was up 11% versus Monday on $12,666. The…

“We are different than ___,” the crypto exchange said in a statement. 327 Total views 1 Total shares On June 7, cryptocurrency exchange Binance published a statement on its Chinese social channels with the hashtag #StrongTogether. Amid ongoing litigation with the United States Securities and Exchange Commission, Binance said its wallet addresses are transparent and…