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Bitcoin
Woman Accused of Laundering Bitcoins for Chinese Fraudster Goes on Trial in the UK
A British citizen recently went on trial in the U.K. for laundering bitcoins on behalf of a fugitive Chinese fraudster, Yadi Zhang. Prosecutors insist that Jian Wen was aware that Zhang’s bitcoins were acquired using stolen funds.…
Korean Crypto Exchanges Block Romance Scammers’ Access to Digital Assets Worth Over $82 Million
South Korean cryptocurrency exchanges have successfully stopped romance scams and voice phishing criminals from siphoning digital assets worth over $82.6 million in the past year. The exchanges attribute their success in blocking criminals…
SEC, DOJ Charge Individuals in $1.9 Billion Hyperfund Cryptocurrency Fraud
The SEC alongside the DOJ, has levied serious charges against key figures in a $1.9 billion cryptocurrency fraud scheme involving Hyperfund.
SEC and DOJ Crack Down on $1.9 Billion Hyperfund Crypto Fraud
The U.S. Securities and Exchange…
Polygon Labs Execs Outline Regulatory Framework to Combat Illicit Activity in Defi
A paper prepared by two Polygon Labs executives and a former Financial Crimes Enforcement Network (FinCEN) director presents a framework to combat illicit activity in decentralized finance (defi) markets. The document proposes three…
Peckshield Report Reveals Decline in Crypto Losses Despite Persistent Threats in 2023
Peckshield’s latest report reveals a mix of challenges and advancements in the crypto world. Despite a notable decrease in overall losses to hacks and scams, decentralized finance protocols remain heavily targeted, accounting for a…
BRICS Meeting: Iran Pushes for Common Currency — China, Russia Prioritize Settlements in Local…
The first BRICS sherpa meeting with 10 member states has kicked off in Russia with representatives from Brazil, Russia, India, China, South Africa, Saudi Arabia, the United Arab Emirates, Iran, Egypt, and Ethiopia. China, Russia, and Iran…
Famed Analyst Richard Bove Says US Dollar Is Finished as World’s Reserve Currency — Expects China to…
Renowned financial analyst with over 54 years of experience, Richard Bove, has warned that the U.S. dollar is finished as the world’s reserve currency, cautioning that China will overtake the U.S. economy. He warned that the…
GBTC Discount Narrows to Zero; Experts Say Return of Premium to NAV Is a Possibility
The recently disappeared GBTC discount may be “a sign of industry maturing and the improved enterprise acceptance of bitcoin.” While some see the disappearance of the discount as pointing to the re-emergence of the premium to…
Taproot Wizards Delays ‘Quantum Cats’ Sale for 2nd Time, After Messy Bitcoin NFT Debut
"We had big plans for mint day and we didn’t live up to your expectations of us and to our expectations of ourselves," Taproot Wizards co-founder Udi Wertheimer posted on X.
Googles Updates Advertising Policy for Crypto, Allows ETF Ads
Google has finally executed an advertising policy update announced in December, allowing some cryptocurrency finance products, like the recently approved bitcoin ETFs, to include sponsored links on its platforms. Consequently, some bitcoin…