Dutch Law Enforcement Arrests Suspected Tornado Cash Developer in Amsterdam

According to a statement from the Dutch Fiscal Information and Investigation Service (FIOD), law enforcement officials in Amsterdam arrested an unnamed 29-year-old suspected of developing the ethereum mixing application Tornado Cash. FIOD accuses the suspect of “concealing criminal financial flows and facilitating money laundering through the mixing of cryptocurrencies.” Netherlands Law Enforcement Takes Suspected Tornado […]

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US Still Dominates Bitcoin Mining Sector, 30-Day Stats Show Foundry USA Takes Top Pool Position

US Still Dominates Bitcoin Mining Sector, 30-Day Stats Show Foundry USA Takes Top Pool PositionSince the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide. Moreover, data shows that Foundry USA has managed to command the top pool position with 755 bitcoin block rewards mined during the last 30 days. […]

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Moscow Confirms Arrest of Russian Crypto Entrepreneur in Amsterdam, Report Mentions FBI

Moscow Confirms Arrest of Russian Crypto Entrepreneur in Amsterdam, Report Mentions FBIAuthorities in the Netherlands have arrested a Russian national with a cryptocurrency business, the Foreign Ministry in Moscow has confirmed. The man involved in the establishment of two crypto exchange platforms was apprehended earlier this month, reportedly on a request from U.S. law enforcement. Russian Founder of Cryptocurrency Exchangers Detained in Holland Denis Dubnikov, co-founder […]

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Airport Gold Seizure in Amsterdam Points to Bitcoin Utility for Private, Borderless Travel

Airport Gold Seizure in Amsterdam Points to Bitcoin Utility for Private, Borderless TravelA 27-year-old Brazilian man was arrested at Schiphol Airport in Amsterdam Friday for failing to declare 15 kilograms of gold bars to customs, according to local reports. After failing to provide a convincing explanation as to how he acquired the gold, the traveler flying from Rio de Janeiro to Hong Kong was placed under arrest […]

The post Airport Gold Seizure in Amsterdam Points to Bitcoin Utility for Private, Borderless Travel appeared first on Bitcoin News.

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Crypto Beats Fiat in Round the World Payments Race

Four contestants are currently racing their way around the globe in a quest to reach Amsterdam first. The Payments Race runs westwards from London, circling the globe before finishing at the Money 2020 event in the Dutch capital today, June 4. In keeping with its theme, each contestant must use a different payment method throughout […]

The post Crypto Beats Fiat in Round the World Payments Race appeared first on Bitcoin News.

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