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RuneScape Composer Jailed For Sexual Assault Of Preteen Girl
19.8.2021
Ian Taylor, the composer behind much of the music for free-to-play MMO RuneScape, was sentenced today by the Peterborough Crown Court in England to 22 months in prison after admitting to drunkenly assaulting a girl under the age of 13 last December.Read more
Draft El Salvador Bitcoin banking regulations released
19.8.2021
El Salvador’s Banco Central de Reserva has released two documents detailing how banks should deal with Bitcoin
Crypto language in the infrastructure bill is a political shell game, says Cointelegraph GC
18.8.2021
According to Zachary Kelman, Republicans and moderate Democrats may know the tax reporting requirements for crypto firms are impossible, but want to have a provision to fund some of the projects without raising taxes
Kenyans Cautioned Against Investing in BTC Company Promising Returns of 400% in Six Hours
18.8.2021
A Kenyan regulator, the Capital Markets Authority (CMA), has cautioned investors and Kenyan citizens against investing with Fxbitinvest, a bitcoin trading company. The warning was issued after the regulator noted Fxbitinvest’s use of exaggerated return-on-investment promises to lure...
Arson Suspected After House Of Twitch's Biggest Female Star Catches Fire
17.8.2021
Kaitlyn “Amouranth” Siragusa, the most-watched woman on Twitch, said in a Twitter thread that her house caught fire last Friday. According to Siragusa, investigators haven’t pinpointed a specific cause but “strongly suspect arson.”Read more
Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect Insurers
17.8.2021
Fitch Ratings, the American credit agency and member of the ‘Big Three’ credit agencies, has published a paper on El Salvador’s adoption of bitcoin and making the crypto asset legal tender in the country. Fitch believes that after the country enforces the new tender law it will...
Dev Reveals Exploitative Nature of Most Game Contracts
17.8.2021
Receiving a publishing deal from an indie publisher can be a turning point for an independent developer. But when one-man team Jakefriend was approached with an offer to invest half a million Canadian dollars into his hand-drawn action-adventure game Scrabdackle, he discovered the contract’s terms...
Fitch Ratings warns El Salvador's 'Bitcoin Law' will pose risk to local insurers
17.8.2021
Fitch warned that mainstreaming Bitcoin without clarity can introduce volatility and operational risks for Salvadorans
US Government Now Offers Informants Crypto Rewards in Addition to Bank Wires, Suitcases Full of Cash
16.8.2021
Attendees of the Black Hat hacker conference in Las Vegas were introduced to a new advertisement crafted by the U.S. State Department. According to individuals who accessed the government advertisement via an open Wi-Fi network called “#Rewardsnotransoms” they discovered the U.S....
Darknet Users Leverage a New Blockchain Analytics Tool That Scans for Ties to Criminal Activity
16.8.2021
According to the blockchain intelligence firm Elliptic, cybercriminals are leveraging cryptocurrency analytics to get ahead of law enforcement. Elliptic says a “blockchain analytics tool has been launched on the dark web” and the tool is called “Antinalysis.” Meet...
Nintendo Orders ROM Site To ‘Destroy’ All Its Games, Or Else
14.8.2021
RomUniverse, a website where folks could download pirated copies of various Nintendo games and even pay a premium to get faster downloads, was sued into oblivion back in May of this year. But Nintendo wasn’t done after suing the site for $2.1 million. In new court docs, a judge has ordered...
London court orders Binance to trace hackers behind $2.6M Fetch.ai attack
13.8.2021
"We need to dispel the myth that cryptoassets are anonymous. The reality is that with the right rules and applications they can be tracked, traced and recovered," said Syedur Rahman
Fortnite Streamer Banned From Twitch, YouTube Following Rape Arrest
13.8.2021
The Brazilian Twitch streamer RaulZito was arrested last month, according to Insider, which cited initial reporting from the Brazilian site G1. Twitch only just banned RaulZito’s account yesterday, per the tracking site StreamerBans.Read more
Senate infrastructure bill isn’t perfect, but could the intention be right?
13.8.2021
The provisions of the U.S. infrastructure bill stirred up a heated debate, but many of the fears voiced by its critics are misguided
Crypto Launderers Use Blockchain 'Antinalysis' To Evade Law Enforcement
13.8.2021
In a never-ending arms race pitting crypto compliance firms and cybercriminals, a blockchain analytics tool has been made available on the dark web, enabling bitcoin (BTC) addresses to be checked for ties to criminal activities, according to blockchain analytics company Elliptic. The tool enables...
Ukraine's state security shuts down illegal crypto exchanges
13.8.2021
Ukrainian authorities say the crypto exchanges were involved in money laundering and other illicit financial activities
Poly Network Hacker Says ‘In the Defi World Code Is Law’ While Returning Millions in Defi Tokens
12.8.2021
Two days after the notorious Poly Network hack, the hacker continues to send funds back to the project. On August 12, the Poly Network hacker so far has returned millions worth of ether, thousands of uni tokens, 1,032 wrapped bitcoins, and 96 million in stablecoins. The day prior, after returning...
Ukraine Shuts Down Crypto Exchangers Sending Money to Russian Wallets
12.8.2021
The Security Service of Ukraine (SBU) has closed down a number of “underground” crypto exchangers in Kyiv. Officials say the platforms have been making a million dollars in monthly turnover and allegedly sending money to digital wallets operated by Russian payment providers....
BREAKING: BitMEX announces $100M settlement with FinCEN, CFTC
10.8.2021
No mention was made of criminal charges against former CEO Arthur Hayes or any other executives at the firm
Infrastructure bill passes US Senate — without clarification on crypto
10.8.2021
"This legislation imposes a badly flawed, and in some cases unworkable, cryptocurrency tax reporting mandate that threatens future technological innovation,” said Senator Toomey