US Justice Department to double its crypto team, target ransomware crimes
The National Cryptocurrency Enforcement Team, established in 2021, will be merged with the Computer Crime and Intellectual Property Section. Go to Source Powered by WPeMatico
Month: July 2023
Bitcoin no longer asset of choice for criminals – former Elliptic crypto advisor
Criminals have moved away from using Bitcoin for money laundering, with stablecoins emerging as an alternative due to accessibility. Go to Source Powered by WPeMatico
Digital yuan integration introduced to Chinese business air travel
The Civil Aviation Administration and China Merchants Bank said passengers will be able to utilize the digital currency to access new services via this platform. Go to Source Powered by WPeMatico
US state agency issues alert on crypto fraud happening over social media
Vermont issued the investor alert after a 74-year-old man lost his life savings of over $340,000 in a crypto fraud orchestrated over Instagram and Telegram. Go to Source Powered by WPeMatico
Indonesia launches its crypto exchange and clearing house
The platform, monitored by the CFTRA, will be the only space in the country where the legal exchange of digital assets is allowed. Go to Source Powered by WPeMatico
UK banks risk losing licenses for debanking customers over political views
The British government may impose tighter freedom of speech protections on banking permits following a public dispute between Nigel Farage and Coutts bank. Go to Source Powered by WPeMatico
Canadian police warn crypto investors on growing home robbery trend
Perpetrators have impersonated delivery drivers in order to break into the homes of victims to steal cryptocurrency. Go to Source Powered by WPeMatico
Solana records 1 outage in first half of 2023, 100% uptime in Q2
The Solana network is seeing steady improvements in performance and reliability as outages become more infrequent. Go to Source Powered by WPeMatico
Coin Center and Blockchain Association slam ‘unworkable’ US Senate DeFi bill
Coin Center said the bill was unconstitutional, while the Blockchain Association called it incompatible with blockchain technology. Go to Source Powered by WPeMatico
Stablecoin dominance slides as market cap falls to near 2-year lows: CCData
After 16 consecutive months of decline, the stablecoin market dominance has fallen to 10.3% of the total crypto market capitalization. Go to Source Powered by WPeMatico