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Ciphertrace Says Banks Unknowingly Process $2 Billion in Crypto per Year


According to the blockchain analysis firm Ciphertrace, major U.S. banks process roughly $2 billion in digital currency transactions that go undetected every year. Ciphertrace disclosed a slew of financial institutions have not deployed the right KYC/AML infrastructure to detect unregistered...

'Crazy' Chain of Bitcoin Transfers Drives Cryptoverse Crazy


A screenshot of the popular conspiracy GIF. Millions in the world’s most popular cryptocurrency have been moved from one wallet to the next today, and the Cryptoworld wants to know why. In the last 24 hours quite a few large Bitcoin (BTC) transactions have been spotted by the crypto tracking...

'Insane' Number of Transfers on Ethereum and ETH Dapp 'Secret' Volume


Two good news have reached the most popular smart contract platform and second biggest crypto network by market capitalization, Ethereum (ETH), in the past few days. First, Ethereum managed the ‘insane’ number of transfers on its network. Second, improved ETH dapp (decentralized application)...

Belarusian Bank Gets the Go-Ahead to Service Crypto Investors


A bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park. The country’s special economic...

Android Tool Lets You Check Crypto Payment Apps for Double-Spends


The risk of double-spending has traditionally been a major obstacle to creating and fully using digital money. A flaw of this kind would be detrimental to the credibility of any system claiming to provide universal solutions to the financial needs of our era. Whoever created Bitcoin elegantly...

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