IPFS lead explains how malicious files are eliminated from its network

Decentralized ecosystems still need a way to deal with nefarious files. The InterPlanetary File System, or IPFS, helps decentralize the internet by making files available across multiple locations instead of through a single centralized point of failure. What happens if someone reports a problematic IPFS file, however? Dietrich Ayala, ecosystem lead for IPFS, explained the process: “Let’s say […]

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US AML watchdog wants info on all international crypto transactions over $250

The proposed change would cut down FinCEN’s longstanding $3,000 threshold. The Financial Crimes Enforcement Network (FinCEN) and Federal Reserve are looking to get more information on smaller transactions than ever before.  According to a notice of proposed rulemaking published on Friday, the agencies want to lower the $3,000 threshold established in 1995 to $250 for international transactions, […]

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South Korean gov’t doesn’t know who will protect crypto exchanges from Kim Jong-Un’s hackers

Can anyone hold North Korea responsible for its attacks on the crypto industry? There has been a hot political debate underway on who should take responsibility for countering North Korean hacks targeting South Korean cryptocurrency exchanges. Recently, South Korea’s financial watchdog made it clear that they do not see this issue as any of their […]

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Stablecoins went wild in the days before Bitcoin’s recent surge

Retail investors are buying into Bitcoin, says CryptoQuant CEO. In the days preceding Bitcoin’s latest rise in price, stablecoins went wild, exhibiting some largely unprecedented behavior. Stablecoins: all stablecoins inflow transaction and address count of all exchanges. Source: CryptoQuant. On October 18, stablecoins moving to exchanges reached record highs of 60,000 and 56,000 respectively, according […]

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