Cash, not crypto, still top funding choice for terrorists, Singapore reports
Singapore’s 2024 terrorism threat assessment reveals a continued reliance on cash transfers for funding by terrorist groups despite some increase in crypto usage.
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Thailand tourism board targets wealthy Japanese crypto holders
Well-heeled Japanese crypto holders are being targeted by Thailand’s tourism industry. 707 Total views 6 Total shares In its latest effort to revive the Kingdom’s pandemic-battered tourism industry, Thailand’s tourism authority is targeting cryptocurrency holders from Japan.The Tourism Authority of Thailand (TAT) wants to establish the country as the first to go out of its…
ICON app offers remote KYC for South Korea’s second-largest bank
Smartphone users in South Korea can open bank accounts remotely with KYC verification via an ICON-powered app. South Koreans will soon be able to remotely open bank accounts requiring KYC verification using only their smartphones.According to an Aug. 26 announcement from ICONLOOP, the technology arm of South Korean blockchain network ICON, is partnering with Shinhan…
Blockchain-Based Digital ID Systems Are Increasingly Finding Real-World Use
According to the latest estimates, we generate around 2.5 quintillion bytes of data every day. That's 2.5 followed by 17 zeros — or rather 2.5 trillion million — a number that's impossible to visualize intuitively, but nonetheless has massive implications for our privacy online, our security and our ability to keep our digital identities within our…
The Moon ‘created’ his lavish reality… and says you can, too
In the space of a few short years, former high-school dropout cashier from Sweden Carl “The Moon” Runefelt has been transformed into a top crypto influencer who shares videos of his life of private jets, supercars and million-dollar watches that inspire his followers and annoy his critics. Drawing from quantum physics, he has an explanation for…
Ethereum supply shock: Exchange ETH reserves continue to fall after a 26% drop in 2021
The amount of Ether (ETH) held by all cryptocurrency exchanges has declined dramatically in the previous 12 months.Blockchain analytics firm CryptoQuant reported that Ethereum reserves on trading platforms dropped 26.29 million ETH to 19.22 million ETH year-on-year (YoY), indicating that traders' preference to hold their tokens increased.At least the Ether price performance in the same…
South Korean Merchants Open to Accepting Digital Yuan
An article published by Yonhap suggests that South Korean merchants are open to accepting digital yuan as a payment method in the near future. 511 Total views 10 Total shares South Korean media outlets suggest that local merchants could accept the upcoming digital yuan as a payment method once the COVID-19 pandemic passes, and Chinese…
Société Générale progresses in crypto space with digital asset services registration
The large French bank was registered by the country’s stock market regulator to provide custody, buy/sell and trading services on Sept. 27 but made no announcement of it. 222 Total views 2 Total shares The French stock market regulator, the Autorité des Marchés Financiers (AMF), approved France’s Société Générale bank as a digital assets service…
Price analysis 1/11: BTC, ETH, XRP, LTC, BCH, ADA, DOT, LINK, BNB, XLM
After an incredible run-up to nearly $42,000, Bitcoin (BTC) price finally entered a significant correction, and at the time of writing the price is down by about 18%. While the swift drop to $30,402 may not induce sleepless nights from the HODLer crowd, large drops like the one seen over the past 24-hours can easily…