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...
Source: Dalle-3Japan’s leading financial regulator, the Financial Services Agency (FSA), is urging institutions to place tighter scrutiny on crypto transfers, according to an official note published today. The joint note by the FSA and the country’s National Police Agency (NPA) refers to a high number of cases of “specialized fraud” in addition to “many cases...
Source: AdobeStock / AscannioThe Financial Conduct Authority (FCA) has conducted internal reviews on 44 cryptocurrency firms registered in the country to tackle money laundering concerns. In a Feb 14 release, the regulator highlighted key areas in the UK markets including digital assets regulations. Last year, the FCA carried out wider industry oversight functions ranging from...
On February 14 the company behind Oreo and Cadbury Chocolate, Mondelēz International, announced that it’s joining the Hedera Council, the entity that governs the Hedera Network, “a sustainable public ledger for the decentralized economy.” This partnership, along with the 30 other organizations that are part of the network, is set to accelerate the integration of...
Image by Jimmy Aki, MidjourneyData published on February 13 revealed that BlackRock’s IBIT spot Bitcoin ETF had amassed over 100,000 bitcoins, positioning the firm as a clear leader in the closely contested sector. Here’s everything you need to know. 105,280 BTC Locked In Worth $5.1 Billion According to official data shared by the asset manager,...