Crypto firms among ‘greatest risks’ for money laundering in 2022-2023: UK govt

The EIGEN token will be used to form consensus around data that is off-chain but easily verifiable, such as whether someone won a bet or adequately stored data.

Cryptocurrency exchange Binance has been awarded an internationally recognized security accreditation, ISO/IEC 27001, following two external audits of its information security systems.The exchange shared news of its accreditation in an official tweet on Sept. 23.Two external audits to secure the accreditationThe ISO/IEC 27001 standard that underpins Binance’s new accreditation is the international standard that provides…

Bitcoin Core developer Greg Maxwell has criticized the “attractive mystery” that fear of a 51% attack on Bitcoin (BTC) entails, arguing that it betrays a fundamental lack of understanding about the cryptocurrency.In a Reddit post published on Oct. 5, Maxwell argued that any mechanism cooked up to mitigate the threat of a 51% attack always…

“Free speech is a prerequisite for having freedom of money, which we are building for,” said CZ, highlighting the importance of Twitter as a platform to voice opinions. 211 Total views 2 Total shares The acquisition of Twitter by billionaire Elon Musk got mixed reactions from crypto and global communities, sparking discussions around changes to…

CryptoPunks enthusiasts and hopeful bidders gathered Wednesday night at Sotheby's auction house in New York City for what turned out to be a non-event after the consignor of 104 CryptoPunks decided to hodl.In the wake of this announcement, however, a live panel discussion on the history of nonfungible tokens (NFTs) and CryptoPunks took place. The…

The U.S. is slowly increasing its share of the Bitcoin hashrate. 2172 Total views 27 Total shares Although the majority of Bitcoin mining is still based in China, there are signs it is beginning to shift elsewhere.Chun Wang, the co-founder of one of Bitcoin’s largest mining pools, F2Pool, reported that China represented less than half…

Data shared by CertiK showed that a third of the losses from 50 of the largest crypto exploits in 2023 ended up in the Bitcoin network. While Bitcoin’s decentralization gives many the freedom to transfer assets without the risk of censorship, malicious actors are also taking advantage of the network’s inherent privacy to move stolen

In this week’s newsletter, read about how stolen nonfungible tokens (NFTs) are sold within three hours after being pinched, and check out AzukiDAO’s plans to take back $39 million worth of Ether (ETH) from the founder of the Azuki NFT collection. In other news, investors in Logan Paul’s NFT gaming project CryptoZoo are still waiting…

With the Bitcoin (BTC) halving only weeks away, anticipation appears to be building up as Google Trends data for the event show online searches reaching an all-time high. Bitcoin’s block reward halving comes following that of Bitcoin Cash (BCH) and Bitcoin SV (BSV), where miners moved their hashing power to the BTC Chain.Several crypto pundits…