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FinCEN Targets Crypto Mixers Over Laundering and National Security Concerns
20.10.2023
The U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, this week proposed regulations aimed at increasing transparency around crypto mixing services. These services, the agency says, are used by terrorist organizations and state actors to obscure financial...
U.S. Treasury Targets Crypto Mixers in Anti-Money Laundering Move
20.10.2023
The Biden administration has designated crypto "mixers" as primary money-laundering hubs.
In a Thursday notice, United States Treasury Department’s Financial Crimes Enforcement Network (FinCEN) proposed requiring domestic financial institutions and agencies to "implement certain recordkeeping...
U.S. Treasury Targets Gaza Crypto Business in Sanctions to Squeeze Hamas
18.10.2023
The Treasury Department issued a list of sanctions that included a business providing money transfers and digital assets exchange services in Gaza
Bankman-Fried’s Defense Targets $300M Loan Interrogations; Ex-CTO Gary Wang Spotlighted
10.10.2023
Attorneys defending ex-FTX chief Sam Bankman-Fried are keen to interrogate the former CTO of the now-dissolved exchange concerning personal loans ranging from $200-300 million, a fresh letter from Cohen & Gresser LLP reveals. Former CTO Gary Wang is set to return to the stand on Tuesday, with...
OFAC’s Sanction Bucket Grows: BTC, TRX, and ETH Addresses Flagged Over Fentanyl Ties
6.10.2023
The Office of Foreign Asset Control (OFAC) under the Treasury has released an updated version of the specially designated nationals (SDN) list, featuring multiple alleged fentanyl traffickers from China along with their associated cryptocurrency addresses. These highlighted crypto addresses...
U.S. Treasury Targets Crypto Wallets Linked to Illegal Fentanyl Trade – Here's What You Need to Know
6.10.2023
The United States Treasury's Office of Foreign Assets Control (OFAC) has sanctioned several cryptocurrency wallets associated with the illegal fentanyl trade.
On Tuesday, the OFAC added a new set of crypto wallets to its specially designated nationals (SDN) list, targeting a drug trafficking...
Texas Securities Board Targets Fraud Crypto Project Touting Ties With Russian Government
6.10.2023
The Texas State Securities Board has stopped a decentralized lending pool from sales of securities, after the firm touted its ties with the Russian government.
Travis J. Iles, the securities Commissioner of the Lone Star State, has written an emergency cease and desist notice to immediately stop...
New Investment Firm Deus X Capital Targets Crypto Opportunities with $1 Billion in Assets
3.10.2023
Deus X Capital, a newly launched investment firm backed by a family office, has entered the crypto space with a combined $1 billion in fresh capital and existing investments.
The firm's leadership includes Tim Grant, who assumes the role of CEO.
Prior to joining Deus X Capital, Grant served...
US Representative Introduces Legislation to Mandate Reporting of Off-Chain Crypto Transactions to the CFTC
30.9.2023
Virginia’s Democratic representative Don Beyer has ushered in a fresh bill mandating the documentation of off-chain transactions and over-the-counter (OTC) crypto engagements by cryptocurrency exchanges, to be catalogued in a repository under the purview of the U.S. Commodity Futures Trading...
Pepe Coin Pumps 5% To Try To End Month On A High But Smart Money Targets This Crypto Gambling Presale
28.9.2023
2023's break-out memecoin Pepe Coin (PEPE) has exploded +5% as market interest returns to the beloved token - but with PEPE pipped for top place by Wall Street Memes (WSM) - can Pepe coin end the month on a high?
The Pepe coin bounce back coincides with a +91% 24-hour rise in trading volume that...
Uniswap Foundation targets $62M in additional funding
27.9.2023
The Foundation plans to issue $15 million per year in community grants to fund DeFi projects
From MATIC to POL: Polygon’s 2.0 Upgrade Targets Internet-Level Scalability
19.9.2023
Details have been released about Polygon’s upcoming upgrade, Polygon 2.0. The company, known for its Ethereum scaling solutions, has introduced a few Polygon improvement proposals (PIPs) as part of its shift to a network of interconnected zero-knowledge-powered chains. Polygon 2.0 Unveiled in...
BTC price targets $27K as Bitcoin bulls shrug at PPI inflation surprise
14.9.2023
BTC price gets a fresh boost from market calm over Fed interest rate policy, as Bitcoin traders eye further gains
Exclusive: OKX Crypto Exchange Targets 'Tech-Savvy' India, But Regulatory Compliance Comes First, Says Global CMO Haider Rafique
8.9.2023
In an exclusive interview with CryptoNews, OKX Global Chief Marketing Officer, Haider Rafique, expressed the company’s vision to target India's “tech-savy” market.
OKX, one of the largest crypto exchanges in terms of trading volume, currently does not offer any centralized finance products...
Coinbase Targets Regulatory Clarity in International Expansion Plan
8.9.2023
Coinbase is looking at "markets that are enacting clear rules" for the crypto industry, with the European Union, U.K., Canada, Brazil, Singapore and Australia its near-term priorities
CFTC Targets DeFi Protocols Opyn, ZeroEx, and Deridex in Sweeping Crackdown
8.9.2023
The U.S. derivatives markets regulator Commodity Futures Trading Commission (CFTC) has charged three decentralized finance (DeFi) protocols, Opyn, Inc., ZeroEx (0x), Inc., and Deridex, Inc. with offering illegal derivatives trading.
According to an official statement released on Thursday, these...
Infamous Chisel Targets Android Crypto Wallets, Raising Security Concerns
2.9.2023
Infamous Chisel, a new malware, is attacking crypto wallets on Android devices, posing serious security concerns for crypto users. The malware was discovered to be extracting sensitive data via the Tor network.
While there is no confirmation, the malware is suspected to be the work of Sandworm,...
‘Infamous Chisel’ Malware Targets Crypto Wallets and Exchanges: A Joint Warning by FBI and GCHQ
1.9.2023
The “Infamous Chisel,” a new sophisticated malware, has been targeting crypto wallets and exchanges, as revealed in a joint report by the U.S. Federal Bureau of Investigation (FBI) and the U.K.’s Government Communications Headquarters (GCHQ). Multi-Agency Alert Over...
Sichuan Province of China Targets Metaverse Industry Expansion to Reach $34.4 Billion by 2025
17.8.2023
Sichuan, a southwestern Chinese province, once recognized as a thriving crypto mining hub prior to the national ban on mining, is now looking to expand the metaverse industry.
Sichuan’s government unveiled an ambitious draft action plan with an aim to cultivate the nascent metaverse industry into...
CEO of Binance lambasts Tether, DigiToads poised to shatter $7M presale barrier
12.8.2023
In a recent “ask me anything” session, Changpeng “CZ” Zhao, CEO of Binance— the world’s leading cryptocurrency exchange—expressed his apprehensions about the viability of centralized and algorithmic stablecoins, particularly highlighting the opacity surrounding Tether...