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Bank of Canada Study: CBDC Can Help Overcome Inclusion Issues


A recent study conducted by the Bank of Canada delved into the role a central bank digital currency (CBDC) would play in improving financial inclusion, digital inclusion, and accessibility. The study concludes that while the Canadian financial ecosystem is inclusive, a CBDC might help tackle...

Israeli Authorities Freeze Crypto Donation Accounts Linked to Hamas


The Israeli police cyber unit have frozen cryptocurrency accounts used by Hamas to raise donations via social media, Jerusalem Post reported.  This action comes as part of a broader effort to curb the flow of funds into the hands of the terrorist organization, especially during times...

Brazilian Police Arrest ‘Gunpoint Crypto Thieves’


Brazilian police officers and Interpol have swooped on a gang of suspected gun-toting crypto thieves, arresting seven people. Per an official release from the Santa Catarina civil police force, officers were issued with eight arrest warrants and four “search and seize” permits last week. They...

Friend.tech Adds 2FA Password for Users Amidst Ongoing SIM-Swap Attacks


The team behind the decentralized social media platform Friend.tech has responded to a series of SIM-swap attacks targeting its users by implementing a crucial security enhancement.  In a recent announcement on X (formerly Twitter), Friend.tech unveiled the introduction of a Two-Factor...

Tornado Cash Processed Over $77 Million in Past 30 Days: Arkham


As per blockchain intelligence firm Arkham, $77.35 million in assets have flown through Tornado Cash’s contracts on Ethereum mainnet in the past 30 days.  Despite being sanctioned by the US Treasury Department in August 2022, Tornado Cash remains the largest crypto mixed on Ethereum network. The...

Estonia-Licensed Crypto Firms Blamed for €1 Billion in Damages


Bad actors exploited Estonia’s once liberal licensing regime for crypto companies to defraud investors and commit other crimes, an investigative report claims. The authors say they discovered dozens of such cases, including scams and schemes for sanctions evasion and money laundering. Since Tallinn...

Analyst Warns of US Dollar Collapse, Predicts Bitcoin Owners to Benefit


Global financial services firm Jefferies has warned of “the collapse of the U.S.-dollar paper standard to the benefit of both gold bullion owners and also owners of bitcoin.” He explained that the Federal Reserve, and other G7 central banks, “will not be able to exit from...

UK Regulator Issues 146 Crypto Alerts Within 24 Hours


British financial regulator, the Financial Conduct Authority (FCA), has issued 146 crypto promotion alerts in the first 24 hours of its new crypto marketing regime. “We expect businesses including social media platforms, app stores, search engines, domain name registrars, and payments firms...

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