Bookmarking Crypto Insights
Three Russians are going to spend time in high-security prison for stealing over a million U.S. dollars’ worth of cryptocurrency from another man. In addition, the court has also ordered them to fully compensate the victim for the damages, prosecutors announced. Robbers Get Prison Sentence for Cryptocurrency Theft in Russia A court in the Russian … Read more
Crypto exchange Algodex and wallet provider MyAlgo have both suffered security breaches in the last few weeks. Go to Source Powered by WPeMatico
The hacker has other associated wallets that have also shifted funds to privacy networks such as Aztec. Go to Source Powered by WPeMatico
The SEC claims the transactions involved with redistributing the funds to impacted Voyager account holders will trigger U.S. securities laws. Go to Source Powered by WPeMatico
A recent study indicates that Spain is one of the hottest countries regarding real estate offerings that can be paid with cryptocurrency. The report, prepared by Forex Suggest, found that Spain is the country with the most properties available for crypto, followed by Thailand, Portugal, and the UAE. Spain Ranks First Among Countries With Properties … Read more
Brian Armstrong said centralized firms have a responsibility to monitor transactions and carry out AML checks. Go to Source Powered by WPeMatico
During a speech at a banking conference in DC, acting comptroller Michael Hsu said FTX was an example of why a “consolidated home country supervisor” is needed. Go to Source Powered by WPeMatico
The U.S. Securities and Exchange Commission (SEC) has filed an emergency action against Miami-based investment adviser Bkcoin and one of its principals, Kevin Kang. “The defendants disregarded the structure of the funds, commingled investor assets, and used more than $3.6 million to make Ponzi-like payments to fund investors,” the SEC alleged. SEC’s ‘Emergency Action’ Against … Read more
Soleimani explained that the “critical flaw” with Tornado Cash is that users cannot prove that they’re not associated with a criminal enterprise stealing or laundering crypto funds. Go to Source Powered by WPeMatico
Bitcoin mining company TeraWulf has fired up a new “behind the meter” mining facility powered by 100% nuclear power in Pennsylvania. Go to Source Powered by WPeMatico
