Starboard Value takes stake in Riot Platforms, eyes AI shift
The activist investor is said to be pushing Riot to optimize the use of its facilities the same way many of its colleagues already have.
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FinCEN lists cryptocurrencies as top AML and CFT priorities
FinCEN will soon issue regulations on how financial institutions should incorporate its priorities on crypto considerations into their AML programs. 378 Total views 3 Total shares The United States’ Financial Crimes Enforcement Network will continue to closely follow the cryptocurrency industry as one of its top priorities for combating crimes like money laundering.FinCEN officially announced…

Bitcoin custodian Nostr Assets pauses deposits after reaching 'maximum capacity'
"Please refrain from deposits at the moment. Inbound at max capacity," wrote one community manager. Bitcoin infrastructure developer Nostr Assets has paused deposits following record-high user activity.According to a Dec. 5 announcement posted on Telegram, Nostr Assets developers warned, "Please await further announcements and do not attempt to deposit into NostrAssets for the time being."

Russian Draft Bill Blocking Suspicious Financial Websites ‘Could’ Cover ‘Scam’ ICOs, Experts Note
A group of Russian members of parliament (MPs) has introduced a draft bill on blocking suspicious financial websites on Tuesday, Dec. 11. Russian crypto media outlet Forklog believes it can encompass “scam” Initial Coin Offerings (ICO).According to the document, the country’s central bank will be able to call to block websites as soon as they…

Updated Morgan Stanley Report Hails Cryptocurrency as ‘New Institutional Investment Class’
Bitcoin and altcoins has been a “new institutional investment class” since 2017, U.S. multinational investment bank and financial services company Morgan Stanley claims in a new report released Oct. 31.The document, titled "Bitcoin Decrypted: A Brief Teach-In and Implications," sees the newly-bullish Morgan Stanley weigh in on the “surprising” developments in cryptocurrency that continue to…

Capital One Hack Exposes 100M Accounts as Bitcoin Unaffected, Says Pompliano
The massive-scale hack of major United States credit card issuer Capital One has left the personal data of over 100 million individuals exposed.As CNN reported on July 30, confidential data for around 106 million Capital One customers' accounts and credit card applications was stolen by an alleged hacker, Paige Thompson, 33, in March of this…

9 key metrics to analyze the health of a bank
A bank health check is a comprehensive assessment of a bank’s financial condition, performance and risk management practices. It is conducted by banking regulators or independent auditors to evaluate the bank’s ability to withstand adverse economic conditions and potential risks, including credit risk, market risk, liquidity risk and funding risk.The bank’s financial statements, including the…

Bitcoin Breaks 7-Month Downtrend But Must Clear These Hurdles to $10K
The price of Bitcoin (BTC) found strong support at $8,200 last week, after which it started to rally toward $8,800 earlier today.Alongside with that, the total market capitalization of crypto found a support at $215 billion and starting to look bullish. Will this mean that the correction is over, and crypto is trending upwards?Crypto market…

Do Kwon’s lawyers propose $436K bail as authorities prepare for June trial
Lawyers said Do Kwon and Han Chang-joon could be released on bail and largely confined to a Montenegro apartment with the “obligation to periodically report to the state authority.” 1012 Total views 1 Total shares Authorities in Montenegro are moving forward with charges against Do Kwon and his former aide Han Chang-joon as lawyers for…