Jack Dorsey’s Block looks to settle with New York on money laundering claims

Facebook-owned messaging service, WhatsApp, is purportedly in preliminary talks with multiple digital payments firms as well as a state-owned bank to launch digital payment services in Indonesia. Reuters reported that they had learned of this development from anonymous sources on Aug. 20. According to the report, WhatsApp is currently negotiating with transportation booking service Go-Jek, mobile…

Bitcoin (BTC) starts the new week with optimism as traders greet the first green weekly candle in over a month.BTC price strength appears to be gradually improving after a weak August and start of September, with BTC/USD climbing toward $27,000.A solid weekly close provides the backdrop to what promises to be an interesting few days

Since January, there have been over 10 million inscriptions on the largest blockchain in the world, and this number continues to grow exponentially.To provide some context, the Ordinals Protocol allows for the ordered identification of satoshis, the smallest subdivision of a Bitcoin (BTC), enabling each of them to have an individual identity. From that people…

With cross-border interoperable blockchain systems gaining traction across the globe, it comes as no surprise that an increasing number of government agencies are looking to explore the full potential of this technology to make international transactions hassle-free in addition to ensuring the process is streamlined and transparent for users.In this regard, the Monetary Authority of…

In the latest sign of a step forward in a lengthy compensation process, the infamous hacked Bitcoin (BTC) exchange Mt. Gox appears to be hosting a new meeting for its creditors tomorrow, March 25.In an official announcement posted to the now-defunct exchange’s website on March 24, Mt. Gox’s rehabilitation trustee notified creditors of a new…

46-year-old New York resident Patrick McDonnell admitted to stealing funds obtained from his clients instead of investing them in cryptocurrency, Bloomberg reports on June 21.Per the report, McDonnell — who calls himself the “coyote of Wall Street” — pleaded guilty to wire fraud on Friday in federal court in Brooklyn. He allegedly declared:“I claimed to…

Using AI to plan, commit, or help cover up a plan could lead to harsher sentencing in the US soon.