Indian enforcement agency collaborates with Binance to bust scam app
The law enforcement agency managed to track the funds linked to the E-Nugget scam app to different crypto exchanges and, with their help, seized over $10.5 million in crypto assets.
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Deutsche Bank joins Singapore's asset tokenization project
Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether.
Finance Redefined: Is this the escape from Ethereum? Feb. 3–10
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US regulators continue to discuss crypto: Law Decoded, Nov. 13–20
The United States House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion received an education in the uses of blockchain technology in a hearing titled “Crypto Crime in Context: Breaking Down the Illicit Activity in Digital Assets.” The meeting began with a discussion of Hamas’s use of crypto for fundraising. However, the committee’s
FinCEN acting director says PATRIOT Act provision isn’t ‘right sized’ for crypto enforcement
Him Das said FinCEN’s current authority under the PATRIOT Act would likely not stop actors from engaging in illicit transactions for ransomware attacks and darknet markets. 211 Total views 29 Total shares Him Das, the acting director of the United States Financial Crimes Enforcement Network, or FinCEN, said some of the government bureau’s tools to…
Price Analysis Mar 27: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO
The coronavirus pandemic and the economic crisis that it has brought along is the first of its kind in this generation. For weeks now, global equities markets have been swinging wildly due to the uncertainty. However, compared to the traditional markets, Bitcoin has been holding up quite well and its volatility has been gradually reducing…
Exploit targets crypto veterans, drains over $10M across 11 blockchains
Metamask developer Taylor Monahan brought the issue to light and said that no one knows how the exploit works yet. 967 Total views 3 Total shares Own this piece of history Collect this article as an NFTAn unidentified exploit has taken more than $10.5 million in nonfungible tokens (NFTs) and coins from experienced community members…
Quantum Computing Vs. Blockchain: Impact on Cryptography
The major selling point of blockchain and its applications is that cryptographically secured distributed ledgers are virtually “unbreakable” under normal circumstances, given the current state of computational technology. Its validity, however, is heavily dependent on the “state of technology” assumption. Should a paradigmatic shift in computing occur, contemporary blockchain-based systems may become vulnerable to threats…