Jack Dorsey’s Block looks to settle with New York on money laundering claims
“The company is engaging in conversations with NYDFS to determine whether this matter can be settled on acceptable terms,” Block Inc. said in a regulatory filing.
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Firm to Deliver Blockchain-Based Phone With ‘Cutting-Edge’ Protocol
A blockchain project that claims it offers the “new financial era” to users says it will soon start delivering the world’s first smartphone with a voice-over blockchain protocol (VOBP).KaratGold says the IMpulse K1 eliminates third-party companies and services by offering technology that enables users to communicate with full encryption — ensuring texts, documents, videos and…

Brazilian Regulators Create DLT Platform for Screening Politicians
Four of Brazil’s financial regulatory institutions are collaborating to build a streamlined blockchain-based data-sharing platform to perform background checks on political representatives and corporations.The platform, dubbed PIER, was developed by Brazil’s central bank Banco Central do Brasil (BCB). The platform saw initial participation from the BCB, the Brazilian private insurance superintendent, and the local securities…

SEC Rejects 9 Bitcoin ETF Applications from ProShares, Direxion and GraniteShares
The U.S. Securities and Exchange Commission (SEC) has rejected a total of nine applications to list and trade various Bitcoin (BTC) exchange-traded funds (ETFs) from three different applicants, according to a three separate orders published by the SEC today, August 22. The disapprovals come one day ahead of the anticipated deadline, August 23, stipulated for…

McAfee’s Privacy Coin Ghost Is Plagiarized, PIVX Developers Claim
John McAfee’s anonymity-oriented Ghost project plagiarizes PIVX blockchain in “at least 20 of the 26 total pages” of its whitepaper, PIVX developers claim. 1561 Total views 45 Total shares John McAfee’s anonymity-oriented Ghost project has largely plagiarized its whitepaper, according to developers of privacy coin PIVX.“After a detailed investigation, it is obvious the GHOST whitepaper…

DeFi rug pull surge reveals more complex crypto scam strategies
A look at the dark side of rug pulls and the complex manipulation strategies pervading them.

‘New frontier’ of crypto laundering involves cross-chain bridges and DEXs: Elliptic
Curve, Uniswap, 1inch, and the Ren bridge were the top platforms of choice for laundering illicit crypto, according to Elliptic. 190 Total views 13 Total shares New research from blockchain analytics and crypto compliance firm Elliptic has revealed the extent to which cross-chain bridges and decentralized exchanges (DEXs) have removed barriers for cybercriminals.In an Oct.…

Nigeria’s SEC says central bank’s crypto ban disrupted the market
The Securities and Exchange Commission of Nigeria says it is working with the central bank to create a legal framework for cryptos and digital assets. 3756 Total views 20 Total shares Lamido Yuguda, the director-general of Nigeria’s Securities and Exchange Commission has said the central bank’s crypto ban has caused significant disruptions to the market.According…

Gemini, Chainalysis and 11 others join Crypto Market Integrity Coalition
The cryptocurrency industry is responding to the best-practices advocacy group’s call for a fair, stable and regulated market. 300 Total views 4 Total shares The Crypto Market Integrity Coalition, an organization founded two months ago by 17 cryptocurrency exchanges, firms and industry associations worldwide, announced 13 new members have joined. The group is centered around…