Could reversible crypto transactions tackle hacker crime? Stanford study sparks debate
What if you could hit the undo button on an Ethereum blockchain transaction after discovering you’ve been scammed?
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Binance law enforcement training program to seek out ‘bad actors’
Binance, the world’s largest cryptocurrency exchange, has launched a dedicated program to “help law enforcement detect financial and cyber crimes,” in a move it claims to be an industry first to combat crypto crimes, the exchange said Tuesday, as it navigates regulatory headwinds and ramps up compliance efforts. See related article: Binance says it complies…
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Cryptocurrencies much more than trading tools, says Caselin at AAX exchange
Who will regulate the regulators is a time-honored question and one Bitcoin enthusiasts raise when talking about the benefits of the token’s fixed supply versus the tendency of central banks to switch the money spigots off and on.
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Russia said to consider digital ruble settlements with China
Russia is planning to use its central bank digital currency (CBDC) in testing, the digital ruble, to carry out mutual settlements with China, Reuters reported on Monday, citing a senior Russian lawmaker. See related article: Is cryptocurrency a workaround for sanctions against Russia? Fast facts Anatoly Aksakov, head of the financial committee in Russia’s lower…
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Do Kwon denies cashout allegations
The man behind Terra-LUNA contradicts the basis of the new action South Korean authorities took to corner and locate him.
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Bitdeer leads US$250 mln fund to acquire assets from distressed miners: report
Crypto tycoon Jihan Wu’s crypto mining firm Bitdeer Technology Holdings is leading a US$250 million fund to acquire mining rigs from distressed miners amid the cryptocurrency bear market, according to Bloomberg. See related article: China mining rig maker Canaan expands despite crypto winter Fast facts See related article: Bitmain cuts mining rig price amid crypto…
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Alex Mashinsky steps down as Celsius CEO
Alex Mashinsky, the chief executive officer of cryptocurrency lender Celsius Network LLC which has filed for bankruptcy, has resigned from his position, according to a statement released by the company on Tuesday. See related article: Regulator alleges Celsius resembled Ponzi scheme in new filing Fast facts The company’s chief financial officer, Chris Ferraro, has been…
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Japan plans new crypto transfer rules to combat money laundering
Japan is planning to introduce remittance rules to prevent money laundering through cryptocurrencies, Nikkei Asia reported Tuesday. See related article: China says it busted US$5.6B crypto money laundering ring Fast facts The Japanese authorities plan to revise “The Act on Prevention of Transfer of Criminal Proceeds” to require exchanges to provide user data when sending…
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FTX to acquire assets of bankrupt Voyager Digital with US$1.422 billion bid
Billionaire Sam Bankman-Fried’s cryptocurrency exchange FTX US will acquire all the assets of bankrupt cryptocurrency brokerage Voyager Digital, beating off rivals with a US$1.422 billion bid. See related article: Voyager gives Sam Bankman-Fried’s ‘low-ball’ bailout offer a single digit Fast facts FTX will acquire “all Voyager cryptocurrency at a to-be-determined date in the future,” which…
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Crypto community pushes back following CFTC charges against Ooki DAO
The Commodity Futures Trading Commission faces criticism from cryptocurrency industry as opposition grows over “unprecedented” charges against the Ooki DAO.