Image by Jimmy Aki, DALL-E 3Steven Nerayoff, an early Ethereum advisor, leveled allegations at SEC Chair Gary Gensler on Tuesday, hinting at Gensler’s undisclosed deep ties with Ethereum and potential influence by the Chinese Communist Party (CCP). Steven Nerayoff Ethereum ETFs Stir the Pot Nerayoff alleged that the growing speculation surrounding an Ethereum ETF suggests...
Image by RareStock, AdobeStockThe Financial Conduct Authority (FCA) added another crypto-focused firm to its famous crypto register on February 9. This time, it’s Banxa (BNXA)—the international fiat-processing payment company. Here’s what you need to know: Banxa UK Gets Greenlight from FCA for Crypto Activities According to the FCA’s website, Banxa UK is registered to perform...
Image by Antonio, Adobe StockIn a startling breach of trust, the CEO of Heartland Tri-State Bank is facing charges for orchestrating an embezzlement of $47 million. The high-profile case came to light following revelations that the bank played a central role in a sophisticated ‘pig butchering’ scheme, according to a February 12 press release from the...
Image Source: PixabayD8X, a cryptocurrency decentralized exchange (DEX) for derivatives has launched on Polygon’s zkEVM in a bid to provide an institutional-grade platform for investors in decentralized finance (DeFi). In a recent press release, the company announced its launch on Polygon’s zkEVM, rolling out plans, use cases to institutional clients, on-chain solutions, and multiple stablecoin...
Bitcoin ransomware attackers reportedly leaked “sensitive data” belonging to “millions” of Venezuelan mobile carrier Digitel customers onto the internet on February 12. Per the X channel VE sin Filtro, the attackers hail from the MedusaBlog hacking group. Bitcoin Ransomware Attackers ‘Demanded $5million Worth of Coins’ The group reportedly infiltrated Digital’s networks on February 2 and...
Source: DALL·EThe United States Treasury is gearing up to address Congress on the emerging challenges posed by cryptocurrencies to existing financial regulatory frameworks. In his prepared testimony for the House Financial Services Committee, Brian Nelson, Treasury’s Under Secretary for Terrorism and Financial Intelligence, planned to detail the agency’s concerns regarding the use of virtual assets...
Source: Sang Hyon Cho / PixabayDigitex crypto futures exchange CEO Adam Colin Todd willfully failed to include adequate anti-money-laundering (AML) program, Florida federal court alleged. The US Attorney’s Office for the Southern District of Florida said in a statement Tuesday that the offender “willfully caused Digitex Futures to violate the Bank Secrecy Act.” Todd also...
Source: DALL·E 3A White House policy group highlighted critical emerging technologies for US national security in an updated report on Monday. The Fast Track Action Subcommittee’s report categorized distributed ledger technologies (DLT), digital assets, and digital payment technologies under “data privacy, data security, and cybersecurity technologies.” Additionally, it included privacy-enhancing technologies, artificial intelligence, advanced computing,...
Source: Dalle-3Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: Mondelēz International to Join Hedera Council Fetch.ai Foundation Welcomes Deutsche Telekom as First Corporate Partner Taurus and Lido Enable stETH Custody and Staking Amid Demand from Banking and Corporate...
Source: Dalle-3South Korean crypto exchanges reported over 16,000 transactions to local authorities in 2023, an increase from previous years. The Financial Intelligence Unit (FIU) released a breakdown of its efforts to tackle money laundering and other illegal financial threats involving crypto assets. The FIU’s plan for 2024 highlights four main areas, including inspection of financial...