Coinbase, the largest cryptocurrency exchange in the United States, announced Monday that it had blocked more than 25,000 cryptocurrency wallet addresses associated with Russian persons or businesses ...
Tag: Illicit
Coinbase Blocks Over 20,000 Russia-linked Addresses Associated with Illicit Activities ⋆ ZyCrypto
Advertisement     Today, March 7, the largest crypto exchange in the U.S. Coinbase announced that it has blocked over 25,000 addresses linked to Russian persons or ent...
Coinbase Blocks Over 25,000 Addresses Linked to Illicit Russian Activity
Coinbase has said it has blocked over 25,000 addresses related to Russian individuals or entities believed to be engaged in illicit activity. The exchange added that these accounts were identified th...
In light of Russia sanctions, Fed chair calls for legislative framework to stop illicit crypto use
In an appearance before Congress today, the chair of the Federal Reserve made a rare commentary on legislation, addressing crypto in sanctions avoidance on the part of Russia. Jerome Powell, the Fed&#...
The Crypto Crime Series: Illicit activity represents only 0.15% of the market
According to the latest report from Chainalysis, total transaction volume grew to $15.8 trillion last year, up 567% from 2020’s total. The increase in illicit transaction volume, however, was just 79%...
US Treasury Warns NFTs May Present New Illicit Finance Risks – Coinotizia
The U.S. treasury department has warned that non-fungible tokens (NFTs) may present new illicit finance risks. According to industry estimates, the NFT market could reach $35 billion in 2022 and more ...
Illicit Transaction Activity Hit All-time High in Value in 2021: Chainalysis
The latest report suggests that cryptocurrency-based crime hit a new all-time high in 2021, with “illicit addresses receiving $14 billion over the year, up from $7.8 billion in 2020,” which amount was...
Belarus to Create a Crypto Wallet Registry To Prevent Illicit Activities
As the political situation in Belarus evolves, the country’s government has sought to take full advantage of cryptocurrencies. This could be good or bad depending on viewpoints, but a recent decree by...
South korea jails seven illicit crypto scammers
Crypto scams are also soaring as the entire ecosystem is garnering mainstream attention and adoption. Several scam projects have made many victims lose their hard earned money. However, following the ...
NFTs for Illicit activities: Warns U.S. Treasury through studies
The U.S. Treasury recently released a study signifying the potential risks NFTs can pose. Traditional industry participants like the art auction houses might have a lack of technical understanding for...
US Treasury Warns NFTs May Present New Illicit Finance Risks – Bitcoin News
The U.S. treasury department has warned that non-fungible tokens (NFTs) may present new illicit finance risks. According to industry estimates, the NFT market could reach $35 billion in 2022 and more ...
Illicit Crypto Addresses Received $14 Billion in 2021; Tiny Transaction Volume Linked to Crime
Chainalysis’s recent survey says, “In 2021, the net value of cryptocurrency authorized by illicit addresses escalated a new all-time high of $14 billion.” Compared to 2021, this record high is nearly ...
Illicit Crypto Addresses Received $14 Billion in 2021, Only 0.15% of Transaction Volume Associated With Crime – Regulation Bitcoin News
According to the latest data from Chainalysis, the total cryptocurrency value received by illicit addresses grew to a new all-time high of $14 billion in 2021. Although the new all-time high is almost...
High Risk of Illicit Transactions Via Estonia, Reports Crypto Regulator
The risk of illicit transactions passing through cryptocurrency companies based in Estonia is high, according to the country’s crypto regulator. While crypto companies licensed in Estonia have accrued...
UK Police Have Seized $435 Million in Illicit Bitcoin
Police forces in the UK have seized £322 million ($435 million) worth of Bitcoin and other cryptocurrencies as a result of criminal investigations over the past five years. According to Freedom of Inf...