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SEC Charges Socialite Kim Kardashian for Unlawfully Touting Ethereummax
3.10.2022
On Monday, the U.S. Securities and Exchange Commission (SEC) filed charges against the celebrity and socialite Kim Kardashian for unlawfully promoting the crypto asset Ethereummax. The U.S. regulator detailed that Kardashian agreed to settle the charges and pay $1.26 million in penalties, and plans...
Tekken Players Are Debating How 'Anti-Beginner' The Series Is
29.9.2022
Recently, the fighting game community has been at each other’s throats over how “anti-beginner” the Tekken series is. Tekken 7, the latest entry to forgo a tutorial mode, is at the discourse’s center, with one player suggesting it needs changes to stay relevant. A good tutorial wouldn’t hurt, along...
ePayments shutters as FCA Anti-Money Laundering regulations tighten
13.9.2022
The electronic payment provider is permanently closing operations due to the inability to satisfactorily meet the standards of the FCA after suspending operations for three years
Hackers Offer to Sell Belarus President Lukashenko’s Passport as NFT
3.9.2022
Anti-government hackers have attempted to sell what they say is an NFT of Belarus President Alexander Lukashenko’s passport. The members of the ‘Belarusian Cyber Partisans’ collective claim to have obtained the passport data of all of the country’s citizens. Cyber...
The Perverse Impacts of the Anti-Money-Laundering System
31.8.2022
Georgia aims to adopt European crypto standards for Anti-Money Laundering
31.8.2022
One of the most crypto-friendly countries in the world wants to synchronize its crypto regulations with associated rules in the European Union
Halo Voice Actor Directing Batshit Anti-Biden Propaganda Film
29.8.2022
Over the weekend, a trailer for a blatantly right-wing biopic about president Joe Biden’s son, Hunter Biden, made the rounds. It looks all kinds of bonkers. Also, it’s directed by a voice actor from Bungie’s Halo trilogy. Hey, let’s all give it up for the gaming angle!Read more
Hetzner anti-crypto policies: A wake-up call for Ethereum’s future
27.8.2022
The terms of services, laid down by Ethereum's second-biggest host Hetzner, prohibits customers from running nodes, mining and farming, plotting, storage of blockchain data and trading
A16z-backed CoinSwitch exchange raided over alleged forex law breaches
26.8.2022
The Andreessen Horowitz-backed crypto exchange is the latest on the Enforcement Directorate’s anti-money laundering hit list
John McAfee Is Alive, Hiding Out in Texas, Ex-Girlfriend Claims in Netflix Documentary
24.8.2022
John McAfee’s ex-girlfriend has made a claim that the former anti-virus tycoon is alive and well, living in Texas. That’s according to her statement made in the new Netflix documentary called “Running with the Devil: The Wild World of John McAfee.” Director Charlie...
PIXXSTASY Is Changing the NFT Market
17.8.2022
PRESS RELEASE. PIXXSTASY, a charity project for drug prevention and rehabilitation, is redefining the NFT market. The organization will sell 399 limited edition NFTs this year and use the proceeds to support charities involved in anti-drug campaigns and drug recovery programs around the world....
UAE Now Requires Agents to Report Real Estate Transactions Where Virtual Currency Is Used as Payment
12.8.2022
The United Arab Emirates (UAE) has said it now requires real estate agents, brokers, and law firms to report to the Financial Intelligence Unit real estate transactions in which virtual currency is used as payment. Similarly, real estate purchases or sales where “the funds used in...
Report: Nigerian Anti-Graft Body Identifies Individuals Fueling the Naira’s Rapid Depreciation
9.8.2022
Nigeria’s Economic and Financial Crimes Commission (EFCC) recently claimed it had identified individuals and organizations whose rapid accumulation of U.S. dollars recently accelerated the depreciation of the local currency, a report said. According to Abdulrasheed Bawa, the EFCC chairman...
BitMEX Executive Pleads Guilty to Violating Anti-Money Laundering Act
9.8.2022
A New York federal court previously sentenced the Mexico-based firm’s co-founders to probation time and fines for federal compliance failures
Robinhood Crypto Fined $30 Million by New York Regulator for ‘Significant Failures’ in Multiple Areas
3.8.2022
The New York State Department of Financial Services (DFS) has fined Robinhood Crypto $30 million for “significant failures in the areas of bank secrecy act/anti-money laundering (‘BSA/AML’) obligations and cybersecurity.” Robinhood Crypto Settles With the DFS The...
The World’s Most Popular Social VR Game Is In Turmoil
28.7.2022
VRChat’s had a hell of a week. On Monday, the wildly popular virtual reality social game announced that its next update would implement Epic Games’ Easy Anti-Cheat (EAC) technology, prompting immediate outrage from a large portion of its playerbase. That update landed Tuesday, and since then...
KuCoin CEO Johnny Lyu launches 'Anti-FUD Fund'
27.7.2022
The exchange’s Anti-FUD Fund comes shortly after KuCoin CEO Johnny Lyu’s spat with a whistleblower who claimed the exchange was insolvent
South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset
15.7.2022
The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency, and now regards it to be a financial asset which must be regulated as such. The SARB expects to have a cryptocurrency regulatory framework in place by the end...
Charlie Munger: Everybody Should Avoid Crypto ‘as if It Were an Open Sewer, Full of Malicious Organisms’
13.7.2022
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, has a message for investors considering cryptocurrency. “Never touch it,” he stressed, adding that everyone should follow his example and avoid crypto “as if it were an open sewer, full...
Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law
10.7.2022
New legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to the region’s anti-money laundering (AML) rules have been submitted to its legislature while a recently published report examines...