Crypto founder paid LA cops to extort victim for crypto, FBI alleges
Adam Iza, the founder of the crypto trading platform Zort, allegedly paid Los Angeles Sheriff’s deputies for information that he used to blackmail a target he intended to rob.
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Russia to Adopt Crypto Legislation Within Two Weeks: Deputy Finance Minister
Russia's parliament, the State Duma, will adopt the country’s major crypto bill “On Digital Financial Assets” (DFA) in the next two weeks, according to a local senior finance official. The news was reported by Russian government-backed news agency TASS on June 19.Russia's deputy finance minister, Alexei Moiseev, revealed that the State Duma is currently considering…
Capital One Hack Exposes 100M Accounts as Bitcoin Unaffected, Says Pompliano
The massive-scale hack of major United States credit card issuer Capital One has left the personal data of over 100 million individuals exposed.As CNN reported on July 30, confidential data for around 106 million Capital One customers' accounts and credit card applications was stolen by an alleged hacker, Paige Thompson, 33, in March of this…
5 programming languages to learn for AI development
Programming languages are important because they are the tools that developers use to create software, applications, and websites. Different programming languages have their own syntax, structure, and functionality, making them suited for specific tasks and projects. Learning and understanding programming languages is essential for developers to write efficient and effective code, as well as to…
Fed’s Quarles says regulators should show ‘constraint’ on stablecoins to avoid hampering innovation
Quarles said some of the approaches on stablecoin regulation from the President's Working Group on Financial Markets’ November report are unnecessary. 249 Total views 10 Total shares Speaking publicly for the last time as a member of the Board of Governors of the Federal Reserve System, Randal Quarles urged regulators to exercise restraint on stablecoins.In…
Uniswap to charge 0.15% swap fees beginning Oct. 17
Fees will not be collected on inter-stablecoin trades, nor on wrapping Ether. 242 Total views 11 Total shares Decentralized exchange Uniswap (UNI) will begin charging a 0.15% swap fee on certain tokens in its web application and wallet on October 17.According to a post by Hayden Adams, the DEX's founder, the affected tokens are Ethereum
Crypto Regulation Is Coming To Europe: Are Exchanges Ready for New Rules?
The deadline is rapidly approaching. 5AMLD — the Fifth Anti-Money Laundering Directive — is a piece of legislation that brings fiat-to-crypto exchanges and custodial wallets across the European Union under a new first-of-its-kind regulatory framework. Exchanges must achieve compliance with the rules by January 10, 2020. Time is ticking away, causing some exchanges to scramble, while…
Crypto bear market will provide ‘excellent’ M&A opportunities: White Rock CEO
White Rock Management CEO Andy Long believes bear markets "present excellent opportunities” for expansion via mergers and acquisitions in the crypto mining sector. Speaking with Cointelegraph, the crypto mining company CEO noted that companies who have managed their balance sheets effectively are in “great shape” during this bear market, and will continue to do well…
Binance-owned Indian exchange WazirX investigated for alleged AML failings
India's Enforcement Directorate will probe crypto exchange WazirX for alleged violations of AML laws and FEMA, in connection with crypto transactions worth $389 million. 907 Total views 2 Total shares The well-known Indian crypto exchange WazirX, which Binance acquired in 2019, is under investigation for alleged violations of India's Foreign Exchange Act (FEMA). The probe…