As the European Union lawmakers backed stricter safeguard measures for crypto transactions on Thursday, the market was quick to react, with the price of Bitcoin dropping more than 4% over the last day...
Tag: Cracks
DOJ Cracks Down On Rug Pulls, Charges Frosties Founders
The US Department of Justice is slapping charges of money laundering and fraud on the founders of the Frosties NFT project after they committed a ‘rug pull.’ DOJ Progresses With Crypto Security Measur...
DOJ cracks down on ‘rug pulls’, charging Frosties NFT project founders
The Department of Justice (DOJ) has taken action against an alleged NFT rug pull, after it slapped the founders of the Frosties project with charges relating to fraud and money laundering. The two fou...
Local Bounti Cracks the Code on Profitable Indoor Farming
– Local Bounti (NYSE: LOCL) is an “agtech” operator focusing sustainable production, delivery of fresh produce – Went public through SPAC last year; PIPE investors included Cargill Inc., still involve...
BTC price cracks $41K as hopes of peace in Eastern Europe send Bitcoin higher
Bitcoin (BTC) returned above $41,000 prior to the Wall Street open on March 16 as good news from Asia and Russia buoyed stocks. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC on track...
Argentina Cracks Down on Crypto With Anti-Money Laundering Rules
Argentina is set to include cryptocurrency firms in its wider anti-money laundering (AML) regulatory regime, per the Buenos Aires Times. Argentina’s Unidad de Información Financiera (UIF) is the coun...
Chinese Police Cracks Down On $5 million Ripple Pyramid Scheme
Local authorities in China have continued to target crypto scams in the country. The Chinese police have infiltrated a massive crypto ponzi scheme, arresting several suspects and confiscating digital ...
Kazakhstan Cracks Down on Illegal Mining, Busts 13 Crypto Farms – Mining Bitcoin News
Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, the country’s energy ministry announced t...
Portal Cracks The Code To Solving Cross-Chain Value Transfers Without Putting User Assets At Risk
Although cross-chain bridges have proven useful so far, the time has come to look beyond these semi-archaic solutions. When suer funds are at stake, it is safe to say the approach may not be ideal. Po...
The Greatest Superbowl Halftime Controversy Since Janet And Justin Exposes Cracks In The Dance Industry
MINNEAPOLIS, MN – FEBRUARY 04: Halftime performance with numerous field cast during the 2018 Pepsi … [+] Super Bowl LII Halftime Show. (Photo by Rob Carr/Getty Images) Getty Images This y...
U.S. Cracks One Of The Biggest Crypto Heists, Arrests Couple For Laundering $4.5 Billion In Bitcoin
The US Justice Department has cracked one of the biggest cryptocurrency heists worth a staggering $3.6 billion in bitcoin tied to the 2016 hack of digital currency exchange Bitfinex. In addition, the ...
America Cracks Down On Kremligarchs
More than nukes, carriers, boots on the ground or Nato, the most efficacious deterrent against Putinism worldwide is curbing the free flow of kleptocratic money. Finally, in both the US and UK –...
UK tax agency cracks down on rules around DeFi lending and staking
Her Majesty’s Revenue and Customs (HMRC), the U.K.’s tax agency, on Wednesday, has released a controversial set of guidance that could affect innovation in Decentralized Finance (DeFi). The updated re...
Renowned Computer Engineer Cracks Trezor Wallet Containing $2 Million Worth of Crypto
NYC-based entrepreneur Dan Reich has recently regained access to more than $2 million worth of crypto left in a Trezor One hardware wallet with the help of renowned computer engineer and hardware hack...
UK Regulator Cracks the Whip on Deceptive Cryptocurrency Ads
The United Kingdom government intends to bring crypto promotions into line with other financial advertisements to be transparent and fair, stopping misleading cryptocurrency ads that might trigger con...
Crypto Exchange Bitfinex Tells Ontario Customers To Close Accounts After OSC Canada Cracks Its Whip
Bitfinex, the Crypto exchange, has asked its clients in Ontario to withdraw all their funds on or before March 1, 2022, reports the Cointelegraph. Consumers of Cryptocurrency exchange Bitfinex, based ...
London travel network cracks down on crypto ads amid regulation blitz
London transport authorities have tightened the reins on crypto advertising following a number of rulings by the UK’s marketing regulator. Short of an outright ban, a spokesperson for Transport for L...
CFTC Cracks Down On Non-Compliant Markets, Fines PolyMarket $1.4 Million
The Commodity Futures Trading Commission has cracked the whip on Polymarket, ordering the decentralized prediction market platform to shut down all non-compliant markets. It also ordered the platform ...
Israeli Defense Minister Cracks Down on Hamas Funding Network
The Israeli Defense Minister has wasted no time seizing over $800K in cryptocurrencies believed to have been sent to Hamas to fund its military activities. The ground is shrinking beneath Hamas’ feet,...