カテゴリー: News

Denmark’s Largest Bank Took Two Years to Close Accounts of Blacklisted Russian Clients

Denmark’s Largest Bank Took Two Years to Close Accounts of Blacklisted Russian ClientsDenmark’s largest bank, Danske Bank, reportedly knew that some of its Estonian branch’s clients were on the Russian government’s blacklist but did not close their accounts for two years. The bank is currently being probed by three countries over $150 billion money laundering allegations. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals […]

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US Confiscates Millions in Cryptocurrencies in Alphabay Forfeiture Case

US Confiscates Millions in Cryptocurrencies in Alphabay Forfeiture CaseThis month the US District Court of Eastern California has been very busy dealing with cases involving the infamous and now defunct darknet marketplace the Alphabay. The Federal courthouse in Fresno just recently wrapped up the forfeiture case involving the alleged Alphabay leader Alexandre Cazes. Further, the Fresno courthouse has charged and have plans to […]

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Security Specialist Wizsec Gives Insight on the Billion Dollar BTC Wallet

Security Specialist Wizsec Gives Insight on the Billion Dollar BTC WalletThe bitcoin security specialists Wizsec has recently explained to the public that the wallet that held more than 111,000 BTC did not derive from the Silk Road marketplace, and it’s also not one of the Mt Gox wallets. Further Wizsec detailed today that a recent article had quoted the organization by cherry-picking quotes which in […]

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More Banks Sanctioned for AML, Fraud-Related Violations

More Banks Sanctioned for AML, Fraud-Related ViolationsWhen societies discuss cryptocurrencies, the argument that the decentralized and unregulated nature of the crypto space leaves the door open to abuse, like money laundering and financial fraud, is often put forward by officials and authorities. However, a string of cases involving precisely these sins, and many, many banks, show that regulations are largely ineffective […]

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Seoul-Based Food Delivery Service Now Accepts Bitcoin Cash

Seoul-Based Food Delivery Service Now Accepts Bitcoin CashThis week Bitcoin Cash (BCH) fans were pleased to hear another well-known merchant is now supporting BCH for payments. The South Korea-based food dispatch platform called Shuttle Delivery now accepts BCH for door-to-door meal deliveries throughout the Seoul region. Also read: Gemini Dollar Code Review Reveals the Stablecoin’s Accounts Can Be Frozen Food Service Shuttle Delivery in […]

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Wyoming’s Crypto Cowboys: First State Hackathon Lures 27 Teams

Wyoming’s Crypto Cowboys: First State Hackathon Lures 27 TeamsOver nearly three days on the University of Wyoming campus in Laramie, more than two dozen hacker teams competed for cash and prizes in the state’s first ever Wyohackathon: Breakin’ Through. Organized by the Wyoming Blockchain Coalition, the event included speakers from industry luminaries, and all three of the state’s gubernatorial candidates made an appearance. […]

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$150B Money Laundering Probe of Danske Bank Implicates Citigroup and Deutsche Bank

$150B Money Laundering Probe of Danske Bank Implicates Citigroup and Deutsche BankU.S. law enforcement agencies have started their money laundering investigations of Danske Bank, Denmark’s largest bank, according to the Wall Street Journal. Citigroup and Deutsche Bank have been implicated. Danske Bank is also currently under investigation by Denmark and Estonia and its CEO reportedly ignored warnings of suspicious transactions. Also read: 160 Crypto Exchanges Seek to […]

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Gemini Dollar Code Review Reveals the Stablecoin’s Accounts Can Be Frozen

Gemini Dollar Code Review Reveals the Stablecoin's Accounts Can Be FrozenThis week a blockchain researcher named Alex Lebed published a code review on the new stablecoin, the gemini dollar, created by the Gemini Trust cryptocurrency firm. According to Lebed’s study, gemini dollar accounts can be frozen by the exchange, and the tokens can be turned into non-transferable assets. Also read: Markets Update: Short Term Recovery – Is […]

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Wendy McElroy: Crypto and the New Cold War

Crypto and the New Cold WarThe Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 10, Part 4 Crypto and the New Cold War History is written by the victors. -Winston Churchill Success is a great deodorant. -Elizabeth Taylor The winning side of a war writes the narrative; politicians, cultural leaders, educators, and the media create […]

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Overstock to Offer Bitcoin for Sale After Acquiring Bitsy.com Biometric Wallet

Medici Ventures, a blockchain/crypto specific division of Overstock.com, has acquired Bitsy.com in an effort to finally merge the worlds of online retail with decentralized, digital cash facilitated by the Bitsy’s new biometric wallet. The Crypto Winter, assuming it ends at some point, might be best defined by what companies in the space did to prepare for […]

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