US Treasury warns crypto firms not to reimburse unknown ransomware victims

Malware payouts from insurance companies pose a threat to U.S. national security. Two offices of the U.S. Department of the Treasury have issued advisories on ransomware payouts, which they say pose a threat to national security. The Financial Crimes Enforcement Network or FinCen reminded cryptocurrency processing companies of their duty to file suspicious activity reports when […]

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The avaricious misanthropy of Brian Armstrong

If the mission is to create economic freedom for Coinbase’s CEO, he’s taking all the right steps. You can tell from Brian Armstrong’s opening words that he’s a numbers guy. “There have been a lot of difficult events in the world this year,” understated the Coinbase CEO in announcing that forthwith, the largest cryptocurrency exchange […]

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SushiSwap’s liquidity grab actually made Uniswap stronger — Data shows

New data shows that one month after SushiSwap’s vampire mining attack Uniswap is the real beneficiary. SushiSwap is widely thought to have syphoned liquidity from Uniswap but new data from Flipside Crypto, a cryptocurrency on-chain analytics resource, suggests that the decentralized exchange’s launch mechanism actually benefited Uniswap by bringing new money into its liquidity pools. […]

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