US Treasury and UAE target North Korean digital asset launderers

Grayscale Investments, a digital assets investment firm that offers Bitcoin (BTC) trust shares, has published a case study on how BTC could be used as a hedge against financial instability. The firm used the case of trade tensions between the United States and China to make their point.Grayscale Investments linked to its study in an…

The chief financial officer (CFO) of crypto exchange Binance — currently the world’s largest by daily trading volumes — has said business remains profitable, despite the market downturn. The CFO, Wei Zhou, made his remarks in an interview with CNBC on Feb. 14.With Bitcoin (BTC) trailing below $4,000 for the past ten weeks — and…

Using Web3 and NFTs to create another slate of millionaires isn’t a good use of the technology, says EndeavourXR CEO Amy Peck. 102 Total views 1 Total shares The crypto industry should focus on building blockchain-based solutions everybody can benefit from instead of launching cash grabs for brands, says Amy Peck, CEO of tech-focused consulting

The sixth-largest bank worldwide, JPMorgan Chase Bank, has settled a lawsuit over unannounced changes made to the fee structure applied to cryptocurrency purchases made using its credit cards in 2018. The details of the settlement have not been disclosed.Plaintiffs Brady Tucker, Ryan Hilton, and Stanton Smith accused Chase Bank of violating its cardholder terms of…

The Vienna Stock Exchange and the Singapore Exchange are warming up to cryptocurrency. The Vienna Stock Exchange, or Wiener Börse, has become just the third “official regulated market” worldwide to list a Bitcoin (BTC) product. The exchange listed 21 Shares AG’s Bitcoin and Ethereum (ETH) exchange-traded products (ETPs), ‘ABTC’ and ‘AETH’, on September 1.Exciting news…

Electric Coin Company (ECC), which launched and supports the development of privacy-coin Zcash recently published a paper called: Halo: Recursive Proof Composition without a Trusted Setup.On Sept. 10, ECC announced in a blog post that engineer and cryptographer Sean Bowe had discovered a way of “creating practical, scalable and trustless cryptographic proving” techniques, which claims…

Long-term accumulation and the increasing popularity of DeFi yield protocols is siphoning Bitcoin away from centralized exchanges. 3136 Total views 18 Total shares Data from on-chain crypto information aggregator Glassnode indicates the number of Bitcoin held on centralized exchanges has fallen by roughly 20% in 12 months.The data suggests investors are accumulating BTC and withdrawing…

The REvil ransomware gang says that they will auction over 1TB of data stolen from New York-based entertainment law firm, Grubman Shire Meiselas & Sacks. This data allegedly contains the “dirty” secrets of a number of celebrities. REvil claims that the contents involve sex scandals, drugs, and treachery.Nicki Minaj, LeBron James, and Mariah Carey among…

The new chair of the UK’s FCA makes condemnatory comments about cryptocurrencies ahead of his tenure in 2023. 268 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTThe Financial Conduct Authority’s (FCA) recently appointed chair has presented an unfriendly attitude toward cryptocurrencies in a cross-party Treasury select committee…