FinCEN’s enforcement against a p2p crypto exchanger could set a precedent, and French instant mashed potatoes go blockchain. Top Stories This Week FinCEN Takes First Enforcement Action Against Peer-to-Peer Cryptocurrency Exchanger In an apparent first, the United States Financial Crimes Enforcement Network (FinCEN) has given a penalty to a California resident who has been accused […]
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FinCEN has assessed a civil money penalty for a California resident accused of violating money transmission laws. The United States Financial Crimes Enforcement Network (FinCEN) has assessed a civil money penalty for a California resident accused of wilfully violating money transmission laws in his work as a peer-to-peer exchanger of virtual currencies. The news was […]
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The Manhattan district attorney has indicted a group of individuals with allegedly selling drugs and laundering millions with bitcoin. The Manhattan district attorney has indicted a group of individuals with allegedly selling drugs and laundering millions of dollars with bitcoin (BTC). The development was announced in a press release published on April 16. Manhattan District […]
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XMR.to has announced it will not be serving US residents starting on March 31, 2019. XMR.to — a service that allows users to increase the privacy of their Bitcoin (BTC) transactions by using Monero (XMR) as an intermediary currency — has announced it will not be serving United States-based clients for the time being. The […]
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The FBI has outlined what it believes to be the consistent threads running through fraudulent initial coin offerings. The United States Federal Bureau of Investigation (FBI) has outlined what it believes to be the consistent threads running through fraudulent initial coin offering (ICO) schemes. The Bureau’s perspective was shared in an interview with Netherlands-based financial […]
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Israel-based crypto brokerage Coinmama has suffered a major data breach affecting 450,000 of its users. Israel-based crypto brokerage Coinmama — which allows users to purchase Bitcoin (BTC) and Ethereum (ETH) using a credit card — has suffered a major data breach affecting 450,000 of its users. The incident was disclosed in an official company announcement […]
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U.S.-based blockchain firm TokenSoft has rolled out its Knox Wallet for storing digital securities and other digital assets. San Francisco-based blockchain firm TokenSoft has rolled out a beta version of its wallet for digital assets and digital securities, according to a press release published on Jan. 29. The new product called Knox Wallet provides cold […]
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Bitcoin was brought to life in Satoshi Nakamoto’s whitepaper 10 years ago and Cointelegraph takes a look at the whirlwind decade since its inception. October 31 marks the ten year anniversary of the release of the Bitcoin whitepaper, which was authored by Satoshi Nakamoto, and whose identity still remains a mystery. In this relatively short […]
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More governments are tracking crypto, but ways to stay anonymous remain. Much noise has been made about the untraceable qualities of Bitcoin and other cryptocurrencies. Bitcoin “can be used to buy merchandise anonymously” said early primers on crypto, it offers users the kind of financial privacy that was previously available only from a “Swiss bank […]
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The dark web, just like in the real world, is a community of both good and bad people, making it challenging to identify the more trustworthy people to engage with. Amidst the clamor for Initial Coin Offerings (ICOs) and the rising number of coins and digital currency markets, there is a darker side of crypto […]
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