South Korean ministries look to upgrade status of crypto crime unit
The temporary unit is reportedly being transformed into a permanent department as enforcement actions rise dramatically in South Korea.
Related Posts
MATIC attack: How smart crypto traders “got out” before a 35% price drop
Disparities in information access and data analytics technology are what give institutional players an edge over regular retail investors in the digital asset space.The core idea behind Markets Pro, Cointelegraph’s crypto-intelligence platform powered by data analytics firm The Tie, is to equalize the information asymmetries present in the cryptocurrency market.Markets Pro bridges the gap of…
DAOs in court? Curve Finance ponders enforcing license over rival Saddle
Square peg, meet round hole: a decentralized autonomous organization is pondering taking a rival fork to court. Earlier today, a member of the Curve Finance community made a post in Curve’s governance forum titled “Enforce Curve’s IP Rights.” “Curve has proven incredibly popular, with over $10B deposited, hundreds of millions in daily volume, and around $1M/week…
Huobi Meets ‘Loud and Clear’ Demand for Crypto Savings Accounts
Huobi makes a pitch to those who ”want to earn a good profit worry-free.” Singapore-headquartered exchange Huobi Global is rolling out cryptocurrency savings accounts tomorrow.The new product will go live at 7:00 a.m. UTC on Aug. 20, with availability restricted to certain jurisdictions. Residents of China, Hong Kong Japan, Singapore, the United States, Germany, and…
Japanese startup to use stablecoins and CBDC to link Asian countries
Soramitsu is developing a cross-border payment system that uses Cambodia’s CBDCs and targets Japan, India, China and Southeast Asia. 65 Total views 1 Total shares Japanese blockchain startup Soramitsu is exploring new central bank digital currency (CBDC) applications with a new project on the cross-border payment system for Asian countries.Soramitsu will deploy Cambodia's CBDC and…
Argentina’s Dep. Finance Minister: Crypto Adoption Could Reduce Demand for US Dollar
Huobi Group CEO Leon Li met with senior Argentinian finance officials this week to discuss the role of blockchain and crypto in the country’s economy, according to a press release shared with Cointelegraph on March 29.In a meeting in Beijing, Argentina’s Deputy Minister of Finance, Felix Martin Soto, claimed that the government should address crypto…
Gold and Bitcoin eye inflation-adjusted all-time highs… but it’s taken gold 40 years
Taking U.S. dollar devaluation into account, Gold has still not reached the all-time price high it set in 1980. 591 Total views 1 Total shares Gold bug and Bitcoin (BTC) skeptic Peter Schiff was just 17 years old when the yellow metal set its true all-time price high. Meanwhile, Bitcoin, a much younger asset, sits…
What volatility? Bitcoin price dismisses FOMC, Mt. Gox with $26.7K dip
Bitcoin traders get none of the volatility they hoped for, and BTC price slowly drifts back to intraday lows. 287 Total views 3 Total shares Bitcoin (BTC) slipped from $27,000 on Sep. 21 as the dust settled on the latest United States macroeconomic events.BTC/USD 1-hour chart. Source: TradingViewBitcoin: "Rangebound until proven otherwise"Data from Cointelegraph Markets
Petition hopes to stop US government agencies from using Chainalysis’ forensics
According to the petition on Change.org, Chainalysis’ unproven technology can lead to an assortment of privacy violations. 95 Total views 1 Total shares A petition was created on Change.org on Sept. 12 to oppose the use of Chainalysis forensic services by federal agencies. The petition questioned Chainalysis’ accuracy and raised legal issues related to the