Lawyers representing creditors of the collapsed exchange QuadrigaCX have hired blockchain forensics specialists to help with the ongoing investigation. The Canadian law firm representing creditors of the defunct crypto exchange QuadrigaCX has hired consultancy firm Kroll to advance its investigation into $190 million lost in user assets in early 2019. As reported, controversy has engulfed […]
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A new mining concept is facing criticism in the blockchain sphere. Dr. Elias Strehle of the Blockchain Research Lab and Lennar Ante of the University of Hamburg recently warned that blockchain nodes engaging in exclusive mining “have no incentive to forward new transactions to their peers.” They speculated that crypto miners may instead be incentivized […]
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Ziglu now offers a fully regulated way to transfer Bitcoin, Ether, Litecoin and Bitcoin Cash to other users for free. United Kingdom challenger bank Ziglu announced the launch of its peer-to-peer (P2P) payments service for both fiat and cryptocurrency on Sept. 7. This follows hot on the heels of receiving both the U.K. Financial Conduct […]
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The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers! Top Stories This Week Three reasons why Bitcoin suddenly dipped […]
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The techniques are sophisticated but crypto laundering cases are still relatively small. British multinational security company BAE Systems and the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, have published a report revealing how cybercriminals launder cryptocurrency. According to the study Follow the Money money laundering cases via crypto are still relatively small compared to […]
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Latin American companies are looking towards crypto as an escape from the banking system. New York-based blockchain analytics firm Chainalysis has published new research highlighting there have been up to 200,000 crypto transactions in the past year, worth more than $1 billion between Latin America and Asia. The study Latin America Mitigates Economic Turbulence with […]
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The U.S. will likely continue enacting laws to support the use of blockchain technology for purposes beyond securities and digital currency. The current state of blockchain innovation in the United States is a tale of two asset classes. On one hand, the Securities and Exchange Commission’s reluctance to embrace or endorse blockchain-based securities has ground […]
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Binance is now an official blockchain advocate in Europe alongside Ripple. Blockchain for Europe, a major European association advocating for the balanced regulation of the blockchain industry, has welcomed the world’s largest cryptocurrency exchange. Binance, the biggest exchange by daily trading volume globally, has joined Blockchain for Europe, the association announced on Sept. 3. By […]
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Enacting such legislation effectively could be a major challenge, however. Responding to numerous 51% attacks on the Ethereum Classic blockchain, ETC Labs said that it’s time to bring regulation to hashpower rental marketplaces, citing the fact that at least two of the attacks were perpetrated by renting hash power through NiceHash — a claim that […]
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A U.S. circuit court has concluded its review of a terrorism financing case that begin in 2010, saying that the NSA’s phone tapping was illegal but that it was a minor part of the evidence. In the final decision on a criminal case that began a decade ago, an appellate court has said that the […]
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