MoneyGram and Stellar join CEX.io for global crypto cash conversions

The techniques are sophisticated but crypto laundering cases are still relatively small. British multinational security company BAE Systems and the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, have published a report revealing how cybercriminals launder cryptocurrency. According to the study Follow the Money money laundering cases via crypto are still relatively small compared to the…

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The Hawaii State Senate has passed the first reading of a bill authorizing banks to hold digital assets in their custody.The bill was introduced on Jan. 17 by five state senators, including the only Republican member of the Senate, Kurt Fevella. It passed the first reading on Jan. 21 and was then referred to the…

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Microsoft announced its fully managed Azure Blockchain Service in a press release on May 2.The new blockchain-as-a-service (BaaS) platform will purportedly allow users to build blockchain applications on preconfigured network. According to Microsoft’s head of corporate communications, Frank Shaw, this service “simplifies the formation, management, and governance of consortium blockchain networks.”Shaw further noted that Azure Blockchain…

The average transaction cost on the Ethereum network almost doubled amid a trading volume surge. 1526 Total views 8 Total shares Ethereum network fees continue to climb with the average value topping out at $17.43 per transaction according to data from YCharts. As previously reported by Cointelegraph, average fees were at about $10.20 earlier on…

Blockchain venture funds are shifting their focus to Web3 development and are placing greater emphasis on scalability. 186 Total views 2 Total shares Layer-2 scaling solution Polygon has raised $450 million in a funding round that was backed by some of blockchain’s biggest venture funds — offering further evidence that major investors are looking to…

FTX CEO Sam Bankman-Fried says the partnership is a “watershed moment” as the Australian blockchain ecosystem continues to go mainstream. 172 Total views 5 Total shares FTX Trading Limited (FTX) will be the naming rights sponsor for Australian Blockchain Week 2022, which will run from March 21 to 25. Blockchain Australia is the peak industry…

After an incredibly disappointing year in 2018, Bitcoin woke from hibernation in early April 2019 and rallied with vengeance toward a yearly all-time high at $13,800. Alas, all good things must come to an end and such was the case for Bitcoin as price became overextended and began to retrace. Bitcoin’s current malaise in the $7,800…