UK proposes ban on ransomware payments in critical sectors
The United Kingdom has launched a consultation to explore a ban that would prevent operators of critical national infrastructure from paying ransomware cybercriminals.
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Lockdown to metaverse: Pandemic leads crypto entrepreneur to new business headquarters
Soon after getting stuck in the city, crypto entrepreneur Ilman Shazhaev says he realized that Dubai is the best place to conduct international business. Life gave crypto businessman Ilman Shazhaev lemons when he got stuck in Dubai in the wake of the COVID-19 lockdowns. However, like the old adage, he “made lemonades” by recognizing the…

Tornado Cash developer Alexey Pertsev denied bail while awaiting appeal
Pertsev will now spend the next year in prison while his lawyers prepare an appeal for money laundering charges.

Coinbase supports new court action to remove Tornado Cash ban
The motion is part of a broader effort to restore internet privacy rights for U.S. citizens. 122 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe United States Treasury faces a renewed legal challenge that aims to overturn the decision to sanction the crypto mixer Tornado Cash from…

How is artificial intelligence used in fraud detection?
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UK: New Report Warns Over ‘Bad’ Government Cryptocurrency Regulation
U.K. businesses and analysts have hit back at government plans to regulate cryptocurrencies and related technology, describing them as a “blunt instrument approach,” British daily news outlet the Telegraph reported Monday, Oct. 29.Calls to step up the level of power the country’s finance regulator, the Financial Conduct Authority (FCA), has over cryptocurrency — which Cointelegraph…

Crypto Biz: Circle prepares to debut on Wall Street
Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025.

BTC price hovers above $61K amid fresh concerns over fate of physical Bitcoin ETF
Suspicions arise over U.S. regulators' acceptance of physical Bitcoin ETF products later this year, amid reports than investors are voting with their feet. 1160 Total views 22 Total shares Bitcoin (BTC) saw some rare calm on Oct. 16 as the market continued to digest the approval of the United States' first exchange-traded funds (ETFs).BTC/USD 1-hour…

Blast’s marketing approach “cheapens the work of a serious team” — Paradigm
Paradigm, one of Blast’s seed investors, criticized the protocol’s decision to launch a bridge before its L-2 and withdraw capability. 204 Total views 19 Total shares Crypto venture capital firm Paradigm criticized Blast’s protocol marketing strategy, claiming the startup “crossed lines in both messaging and execution." The VC firm is a seed investor in Blast.The