Cryptocurrency
Underground Bank Network Targeting National Security Shut Down in China
Chengdu Bust Exposes Complex Network of Underground Banking. Cryptocurrency Used for Illicit Transfers. Crackdown Highlights National Security Risks of Organized Crime. Authorities in Chengdu, China,…
Fraud and Money Laundering: Canadian Crypto King and Associate Charged
Aiden Pleterski and aide Colin Murphy charged with money laundering The charges followed a joint investigation by Canada’s DRPS and OSC. OSC advises the public…
FTX Collapse: Salame Requests Lenient Sentence, Claims Innocence
FTX’s Ryan Salame seeks an 18-month term, citing cooperation with authorities. Legal team says Salame's life and career are already deeply impacted by the FTX…
El Salvador Mines Bitcoin Using Volcano Power, Boosting Holdings
El Salvador mines nearly 474 bitcoins in 3 years using geothermal power. Government's Bitcoin Holdings reach $354 million, aiming for eco-friendly mining. Collaboration with major…
Falcon Labs Fined $1.7M for Illegally Funneling U.S. Users into Crypto
Falcon Labs charged by CFTC for illegal digital asset derivatives trading. This firm will pay $1.76 million for unregistered U.S. customer transactions. The case marks…
Coins.ph to Trial Stablecoin in Philippines’ Remittance Market, Here’s Why
Approval of Coins.ph's stablecoin trial signals the Philippines' openness to blockchain innovation. PHPC could enhance remittance efficiency, benefiting both senders and recipients. Amidst regulatory changes,…
XRP Analyst Forecasts the Next Cycle Top for September 2024
EGRAG Crypto forecasts XRP's next cycle top for September 9, 2024. His analysis covered the timeframes of previous cycles. EGRAG advises market readiness, noting that…
Cryptocurrency Developers Fight Back Against DOJ’s Money Transmission Stance
DOJ's interpretation of money transmission extends to non-custodial crypto software, challenging industry norms. FinCEN's historical guidance supports non-custodial services, emphasizing asset custody distinctions. Critics argue…
US Expels Chinese Crypto Firm from Land Near Wyoming Nuclear Missile Base
The US has blocked the Chinese crypto mining firm MineOne from owning land near the F.E. Warren Air Force Base. The country states that the…
DEGEN Token Holds Strong Despite Degen Chain’s Block Production Halt
Degen Chain's halt in block production for over 11 hours raises concerns about its operational stability. Despite the setback, DEGEN token has shown resilience in…
