Bookmarking Crypto Insights
Auto Added by WPeMatico
Cryptocurrency reserves held on digital asset exchanges have been dropping to new lows, as some of the top exchanges have seen significant bitcoin reserve balance drops. A few months ago trading platforms had a lot more bitcoin reserves on hand and onchain data shows a few exchanges have seen customers steadily drain 187,000 bitcoins ($2.1B) … Read more
The SEC Commissioner said the recent legal action taken against BitMEX shows the need for the international industry to take AML regulations seriously Go to Source Powered by WPeMatico
Despite Binance recording the highest crypto derivatives volume in September, OKEx seems to be fighting back. Go to Source Powered by WPeMatico
The hire comes after BitMEX’s founders were charged with failing to prevent money laundering and operating an unregistered trading platform illegally in the United States. Go to Source Powered by WPeMatico
United States Attorney General (AG) William Barr says the recent publishing of the Cryptocurrency Enforcement Framework will help law enforcement to fight elements using digital currencies for illicit ends. Produced by the AG’s Cyber-Digital Task Force, the framework provides law enforcement with what Barr terms a “comprehensive overview of the emerging threats and enforcement challenges … Read more
The Department of Justice made headlines in crypto and elsewhere, leading a week of law enforcement locking down around the world. Go to Source Powered by WPeMatico
October has been a dramatic month for the top brass of BitMEX crypto derivatives exchange, whose founders face multiple charges from U.S. authorities. Go to Source Powered by WPeMatico
Arthur Hayes, chief executive officer of bitcoin derivatives exchange Bitmex, is stepping down from his position a week after U.S. prosecutors filed criminal charges against him. Hayes is leaving together with other top executives who are facing similar charges. The company announced on Thursday that Hayes and chief technical officer Samuel Reed – the latter … Read more
BitMEX not playing by the rules today means added regulatory consequences tomorrow. Go to Source Powered by WPeMatico
Crypto exchanges are disappearing at a fast rate this year. Go to Source Powered by WPeMatico