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Chainalysis Launches Program to Store and Sell Seized Crypto Assets for Governments
13.11.2020
The blockchain intelligence and surveillance company Chainalysis revealed the launch of a new program that aims to help governments and insolvency practitioners sell seized cryptocurrencies. The news follows the recent U.S. government seizure of more than 69,000 BTC worth over $1 billion...
Crypto Recovery Lawyer David Silver Joins Coinfirm’s US Board
12.11.2020
The noted attorney will help defrauded investors recover their wrongfully taken cryptocurrencies as a member of Coinfirm's board in the U.S
Paypal Opens Crypto Services to Millions of Eligible Account Holders in the US
12.11.2020
Payment processing giant Paypal announced on Thursday that “all eligible Paypal account holders in the U.S. can now buy, hold, and sell cryptocurrency directly with Paypal.” The news follows the company’s announcement to support crypto assets at the end of October. Paypal’s...
Bad Loans, Bad Bets, Bad Blood: How Crypto Lender Cred Really Went Bankrupt
12.11.2020
Cred’s bankruptcy filing mainly blames fraud by an outside party. The full picture painted by former employees is more complex, and highlights the risks of the budding crypto lending market
PayPal's crypto trading goes live in the US
12.11.2020
Customers will be able to trade up to $20,000 a week, rather than the originally announced $10,000
PayPal Removes Waitlist for New Crypto Service
12.11.2020
All eligible PayPal accountholders in the U.S. can now buy, hold and sell cryptocurrency, the company announced Thursday
Russia's proposed crypto amendments have a major blind spot
12.11.2020
The Ministry of Finance is proposing harsh prison sentences for crypto holders, but what about shadow exchanges and darknet criminals?
Market Update: Bitcoin Spikes Over $16K, RSI Levels Warm Up, Price Retracts for Another Attempt
12.11.2020
Digital currency markets have seen some decent gains this week, as the overall market valuation of all 7,000+ crypto assets is hovering above the $446 billion mark. Traders also watched the price of bitcoin jump above the $16k zone on Thursday for the first time since 2018. Bitcoin and a number...
New Chainalysis program aims to help sort confiscated crypto
12.11.2020
What happens to crypto assets used for nefarious activities after authorities seize them? A new Chainalysis program helps sort through the rubble
BitMEX crypto exchange steps up AML and trade surveillance measures
12.11.2020
New technology will help screen out bad actors, BitMEX says
Crypto Firm Morpheus Labs Launches SEED for Token Issuance
12.11.2020
Hailed as one of the most prominent names in the blockchain space, Morpheus Labs has announced the launch of a new facility on Morpheus Labs SEED that will ease the tokenization process for business entities. The platform will allow entities to create and issue decentralized tokens using the tools...
Russian Ministry Moves to Soften Requirements for Crypto Tax Reporting
12.11.2020
Russia's Ministry of Finance has proposed legal amendments that would relax planned tax requirements for crypto holders if passed
Shopping.io Enables Crypto-Payments on Popular E-Commerce Websites
12.11.2020
PRESS RELEASE. The adoption of crypto is not possible without accelerating its usage as a currency, and not only as an asset. While e-commerce giants such as Amazon, eBay, and Walmart aren’t able to offer crypto-payment, Shopping.io launches a gateway to make purchases from the aforementioned...
Venezuelan State Electricity Company Reportedly Cuts Power To Crypto Miners
12.11.2020
Reports say the Venezuelan state electricity company Corpoelec is disconnecting bitcoin mining farms in Carabobo state on orders from authorities. The power disconnections come amid reports that government and Corpoelec officials are planning to meet mining farm operators. According to one report...
Pakistan’s securities regulator mulls new legal framework for crypto
12.11.2020
Pakistan wants to unlock a new era of digital finance with crypto
Hackers, Scammers Have Stolen $7.6B in Crypto Since 2011
12.11.2020
Billions of dollars have been stolen through exchange hacks and scams, according to a new report from blockchain analytics firm Crystal Blockchain
Report: Blockchain Price Oracle Manipulation Produces Millions in Losses, Shows No Signs of Slowing
12.11.2020
On November 9, a writer from the website samczsun.com published a report that shows a number of issues with price oracle manipulation stemming from a few blockchain applications. The researcher notes that price oracle manipulation has resulted in “over $30 [million] in losses so far.”...
The Carbon Project Presale Opens to the Public
12.11.2020
PRESS RELEASE. Carbon is a social crypto hub, slated to launch in January. It will bring your day-to-day crypto experience into one awesome place, while rewarding you at the same time. Fully encrypted data that’s as decentralised as you want it to be. Carbon includes features such as...
Kucoin Recovers 84% of Funds Stolen in $280 Million Hack
11.11.2020
Kucoin chief executive officer Johnny Lyu revealed Wednesday that the exchange recovered 84%, or $235 million, of the $280 million stolen in one of crypto industry’s biggest hacks in September. In a tweet, Lyu said the affected funds have been recovered “via approaches like on-chain...
OCC is too caught up in crypto under former Coinbase exec, congresspeople say
11.11.2020
Multiple United States congresspersons recently expressed their displeasure at the OCC's focus on crypto this year