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FinCEN Hits Bitcoin Mixer With USD 60m Fine


The US Financial Crimes Enforcement Network (FinCEN) said it has assessed a USD 60m civil money penalty against Larry Dean Harmon, the founder, administrator, and primary operator of bitcoin (BTC) mixer (a.k.a. "tumbler") Helix and Coin Ninja, for violations of the Bank Secrecy Act (BSA)...

Bitcoin Adoption Soars in Turkey Amid High Inflation, Lira Hitting Record Low


People in Turkey are increasingly turning to bitcoin as the local currency, the Turkish lira, recently hit another record low against the dollar. Bitcoin adoption in Turkey outshines other countries in the region. Turkey Is Regional Leader in Bitcoin Adoption Bitcoin adoption has been increasing...

Monero (XMR) Breached the Major 2-Year Resistance; Hits $130


Monero, one of the top 15 cryptos of the global market, is seen beaching the 2-year long resistance as it trades at $130 against the greenback. At the time of penning down this analysis, the market sentiment was completely bullish, and Monero has been a strongly influenced crypto so far. Monero’s...

COVID-19 Spurs Crypto Adoption Says BRD Wallet as it Hits 6m User Mark


The Swiss operator of the BRD crypto wallet claims it has in excess of six million users worldwide, with much of its growth coming from users based in India and the Latin America region – and COVID-19 helping bring people to crypto in their droves. Speaking to media outlet Tech Crunch, the firm...

Blockchain Gaming Hits Another NFT-related Hitch in South Korea


Source: Twitter/@SkypeopleMaster Blockchain, gaming and crypto advocates are bracing for the worst after the South Korean video game censor issued an ominous delay for ratings on another blockchain gaming title – over apparent non-fungible token (NFT)-related concerns. Per iNews24, the regulatory...

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