DOJ charges crypto exchange operator for laundering Silk Road money

Blockchain analytics will help ensure that NY-licensed companies don’t send money to sanctioned Russians. 98 Total views 13 Total shares New York state’s efforts to enforce sanctions against Russia have ramped up a gear with the Department of Financial Services, or DFS, expediting the procurement of additional blockchain analytics technology. According to a statement released…

On Sept. 13, news broke of yet another high-level executive parting ways with Binance.US. This time, it was none other than Brian Shroder, the CEO and president of the exchange, who, after two years in the hot seat, was heading for a “deserved break,” as Binance CEO Changpeng “CZ” Zhao was quick to announce on X

The cryptocurrency market has lost $1.9 trillion six months after it soared to a record high. Interestingly, these losses are bigger than those witnessed during the 2007's subprime mortgage market crisis — around $1.3 trillion, which has prompted fears that creaking crypto market risk will spill over across traditional markets, hurting stocks and bonds alike.Crypto…

The Thai Revenue Department is looking to impose a 15% capital gains tax on crypto trading. 259 Total views 2 Total shares A former deputy secretary-general of Thailand’s Security and Exchange Commission (SEC), Tipsuda Thavaramara, has come out to question the legitimacy of crypto taxation in the country.According to a report by local newspaper The…

Multiple Chinese tech companies launched their own ChatGPT-like AI chatbots for mass market use two weeks after China’s AI regulations came into force, which requires prior government approval. 98 Total views 1 Total shares Four China-based tech companies launched their own artificial intelligence (AI) chatbots on Aug. 30 for public use after receiving approval from

Russian law firm Zheleznikov and Partners proposed legal action in Russia that should enable its lawyers to recover up to 200,000 Bitcoin (BTC) lost in the Mt. Gox fiasco.Recover losses on behalf of Mt. Gox victimsOn Sept. 12 in a Q&A with Andy Pag, a former BBC journalist, the Moscow law firm outlined its proposal…

China’s central bank released a new statement to debunk some rumors. 1720 Total views 20 Total shares The People’s Bank of China (PBoC) announced that the test run of its central bank digital currency is currently limited to small retail transactions.According to the Global Times on Aug. 24, the central bank has clarified some details…

The day the crypto traders have long-awaited is almost here. At the opening bell on Oct. 19, a ProShares futures-based BTC ETF is scheduled to launch and analysts are predicting that additional ETFs will rollout over the coming week. Data from Cointelegraph Markets Pro and TradingView shows that an early morning attempt by bears to drop…