US sanctions Russian crypto platforms for money laundering ties
Two crypto exchanges and two individuals have been sanctioned for ties to underground finance.
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Blockchain Patent Granted to Cybersecurity Company Owned by U.S. Defense Contractor
Documents published by the United States Patent and Trademark Office (USPTO) on April 16 reveal that Texas-based cybersecurity company Forcepoint has been awarded a blockchain-related patent.Forcepoint is owned by U.S. defense contractor Raytheon and private equity firm Vista Equity Partners, and Crunchbase estimates its yearly revenue to be $600 million.The system described in the patent…

Hinman docs unsealed: SEC concerned over ‘Ether is not a security’ statement
Hinman risked contradicting himself over the statement Ether isn’t a security, unsealed SEC internal discussion documents show. 1611 Total views 2 Total shares Newly released documents showing edits that were made to a 2018 speech given by former director of the Security and Exchange Commission’s (SEC) corporate finance division Bill Hinman suggest the editors were…

Banks must establish infrastructure for digital assets before it’s too late
The adoption of digital assets in traditional legacy systems is moving fast. In the middle of the year, the digital asset custody industry saw welcome developments when the Office of the Comptroller of the Currency officially announced that all nationally chartered banks in the United States can provide custody services for cryptocurrencies.The move, while positive…

Markets Looking Grim, Bitcoin Lingers Above $8,000 Mark
Sunday, Sept. 27 — All of the top-20 cryptocurrencies by market cap continue to struggle following the sudden nosedive on Tuesday, Sept. 24.Cryptocurrency market daily overview. Source: Coin360Bitcoin (BTC) has not been able to recover from Tuesday’s painful correction, which saw double-digit losses across the board.The most popular crypto coin continues to trade sideways, down by…

Vitalik Buterin slams celebrity memecoins
Buterin responded to a post about Iggy Azalea's MOTHER token potentially leading the celebrity crypto trend towards sustainable value creation.

Brazilian Securities Regulator Bans Bitcoin, Forex Broker
The Brazilian Securities Commission (CVM) has banned a forex broker offering Bitcoin (BTC) options, Cointelegraph Brasil reported on Sept. 25.On Sept. 25, CVM published a public warning of irregular action concerning XM Global Limited through the Superintendent of Market and Intermediary (SMI) Relations. In its warning, the CVM states that XM Global Limited is not…

Best monthly gains since October 2021 — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week and a new month on a cautiously positive footing after protecting crucial levels.After an intense July in which macro factors provided significant volatility, BTC price action managed to provide both a weekly and monthly candle favoring the bulls.The road to some form of recovery continues, and at some points…

What the Birth of Crypto Can Predict for the Post-COVID-19 World
We, as a society, are now experiencing a crisis of trust. The three pillars that we’ve had faith in all our lives — institutions, government entities and the media — have all failed us. From trusting financial institutions to guard our assets to expecting politicians to enact smart policies to hoping the media informs us…