Ethereum median gas price hits 5-year low
The median price to send an Ethereum transaction hit 1.9 gwei on the weekend, with low-priority transactions priced even lower.
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Estonia: Amendments to Anti-Money-Laundering Regulations Will Tighten Crypto Regulation
The Estonian Ministry of Finance will shortly add amendments to a recently-passed financial bill that are meant to “tighten” crypto-related regulation, Estonian financial newspaper Äripäev reports Nov. 28.According to the article, a new version of the Anti Money Laundering (AML) and Terrorist Financing Prevention Act came into force this week in Estonia, conforming legislation to…
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AirBit Club Ponzi Operators Charged With Fraud and Money Laundering
Proceeds were spent on luxury cars, jewellery and real estate, rather than cryptocurrency mining and trading, shock. The operators of a global cryptocurrency-based Ponzi scheme have been charged with fraud and money laundering following a United States Homeland Security Investigations (HSI) probe.According to an announcement from the U.S. Department of Justice, four of the five…
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Linux Foundation launches blockchain-based platform for insurance
The Linux Foundation and the American Association of Insurance Services are co-launching a blockchain-based platform to help the insurance industry. 464 Total views 2 Total shares The Linux Foundation, the nonprofit technology consortium that supports the Linux operating system, is backing a new blockchain-based project for the insurance industry.On Monday, the foundation announced the launch of the…
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CFTC slaps $36M fine on man for 5-year crypto investor fraud
The US regulator ordered approximately 85% of the significant fine to be paid back to victims of William Koo Ichioka’s fraudulent scheme.
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Startup Led by JPMorgan Veterans Brings Free BaaS Platform to Azure
Hybrid blockchain solutions startup Kadena has updated its enterprise blockchain platform on the Microsoft Azure Marketplace.On Aug. 27, Kadena announced that its new product called Kadena Scalable Permissioned Blockchain is available on Azure Marketplace for free.Blockchain scalability ambitionsFounded by former blockchain experts at United States banking giant JPMorgan, Kadena first released its permissioned blockchain on…
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Tether hires Chainalysis’ chief economist for USDT usage reports
Tether has appointed Philip Gradwell as head of economics to improve transparency on USDT usage to regulators.
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Poly Network hacker returns $258M, conducts AMA on how it went down
$258 million worth of stolen crypto assets have been returned so far and the hacker claims they are keeping the rest of the funds safe while they negotiate with Poly. 222 Total views 3 Total shares The Poly Network hacker has now returned $258 million to the cross-chain DeFi protocol and conducted a question and…
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‘The Sandbox’ Game Announces $3M Token Sale Through Binance Launchpad
Blockchain-powered gaming experience, The Sandbox, will hold a $3 million token sale for the ecosystem’s main utility token, SAND. The sale will be held through the Binance Launchpad platform.The initial exchange offering, or IEO, will start on Aug. 13. This follows a private round investment by Binance Labs and will be only the third token…