There’s a Bigger Scam Than Anything in Crypto, It’s Called KYC/AML

July 27, 2018
The Last Cryptocurency
CoinDesk Feed, Cryptocurrency News Feeds
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Anti-money-laundering and know-your-customer practices have cost many billions more than all ICO scams put together – yet, what they have produced?

Aug 26, 2020 at 16:08 UTCSEC Chairman Jay Clayton (CoinDesk archives)Blockchain Bites: Major Acquisitions, Bitcoin Futures Liquidations and the SEC’s New RulesFTX acquired Blockfolio, ConsenSys acquired Quorum and police have seized the third-largest exchange in South Korea. And news broke the U.S. Securities and Exchange Commission (SEC) has formalized new “accredited investor” rules. You’re reading Blockchain…

Over 80% of Newly Listed Crypto Assets on Binance Have Declined in Value: Data

Over 80% of the newly listed cryptocurrencies on Binance, the world’s largest digital asset exchange by trading volume, have declined in value. In the past six months, these tokens have plunged in value since listing on the exchange, raising concerns for investors seeking out the latest cryptocurrencies. Most New Binance Token Listings Trading in Red

Crypto Twitter Bullies PayPal for its Definitions of Bitcoin, Ethereum, Litecoin and BCH

When the Crypto Twitter community reacts, it does so in a big way. And when the guys from the Bitcoin neighborhood unite, there’s nothing to stop them, especially when it comes to criticizing traditional financial institutions —whether they’re crypto-friendly or not. If this seems hard to believe, ask PayPal, who had to deal with significant…

8,900,000% ROI: Bitcoin Is The Best Performing Asset Of The Ending Decade

Whenever a year comes to its end, people start reminiscing on the last 365 days, recovering photos and memories, and the same could be expected to happen in the next few days, as this year ends. 2019 though, marks another milestone as the whole decade is coming to a close. While some people might start…

Coinbase Purchases One River Digital Asset Management

Coinbase acquired One River Digital Asset Management (an investment manager that provides institutional clients with exposure to cryptocurrencies) without disclosing the terms and the sum of the agreement. The deal comes a few weeks after the two entities rolled out a separately managed account (SMA) platform for wealth management firms. Greg Tusar – Coinbase’s head…

THORSwap Pauses Platform After Series of FTX Hack-Linked Trades

THORSwap exchange said on Friday it would shift into “maintenance” mode after a series of illicitly-linked funds were passed through the platform in the past several days.A THORSwap developer said the team “stands firmly against any and all criminal actions” in a message to CoinDesk.“Yesterday, following a careful evaluation of the situation and consultation with

Bitcoin Profits: Jack Dorsey’s Block Reports 90% Surge in BTC Gains in Q4 2023

Block, led by CEO Jack Dorsey, announced $66 million in gross profit from selling Bitcoin through its Cash App in the fourth quarter of last year. This marks a 90% increase from the previous year, according to the company’s earnings report released on Feb. 22. Block’s Bitcoin Revenue Soars to $2.5 Billion The report revealed

Leaders in Decentralized Identity Slam Soulbound Tokens

Featured SpeakerYat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and NFTs.George Kaloudis is a research analyst and columnist for CoinDesk.Featured SpeakerYat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the…

Bitcoin Price Analysis: Critical Moment for BTC Amid Today’s Weekly Close

Since the major drop on Wednesday, the bitcoin price mostly traded around the same range of $64K. Today is the last day of the week; this means that on midnight UTC will see a weekly candle close. This candle close is critical for the next short-term. The bulls need to see BTC makes a weekly close…

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