The hackers behind the massive Bitcoin ‘giveaway’ scam that hit Twitter are moving funds to gambling and P2P trading platforms. Blockchain forensics firm Ciphertrace has traced funds obtained by the Twitter hackers in the ‘giveaway’ scam to peer-to-peer (P2P) exchanges and crypto gambling sites. On July 21, Ciphertrace reported that 0.2 Bitcoin (BTC) had been […]
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CEO Michael Ou says Elliptic’s wallet screening tools with CoolBitX’s Sygna Bridge could help firms comply with the FATF travel rule. FinTech company CoolBitX may have a solution for countries that have not yet complied with the Financial Action Task Force’s “travel rule”. According to a statement from CoolBitX shared with Cointelegraph on July 21, […]
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A suspicious asset manager is claiming to have entered into a short position targeting a 99% crash in the price of Chainlink. A report authored by Zeus Capital has asserted that the firm is building into a Chainlink (LINK) short position with a target of 99% gains, describing the top-10 cryptocurrency by market cap as […]
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Xangle, a crypto disclosure platform by CrossAngle, closes a $3.3 million round from South Korea’s conglomerate Hanwha Group. Major South Korean conglomerate Hanwha Group is cementing its involvement in the cryptocurrency industry with a new investment. Hanwha Investment & Securities, a securities brokerage subsidiary of Hanwha Group, has participated in a 4 billion won ($3.3 […]
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Blockchain payments project Ubin can lay the financial blueprint for countries looking to explore crypto tech in a fully regulated manner. With cross-border interoperable blockchain systems gaining traction across the globe, it comes as no surprise that an increasing number of government agencies are looking to explore the full potential of this technology to make […]
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The Singapore Fintech Association and R3 have entered a partnership to provide startups in the SFA network with access to R3’s Corda blockchain. The Singapore Fintech Association and R3 have entered a partnership to provide startups in the SFA network with access to R3’s Corda blockchain. In an announcement on July 14, the SFA said […]
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Crystal Blockchain reports that crypto transfers in the Republic of Seychelles keep growing as regulatory pressure increases for the G-20. A new report released on Tuesday by Crystal Blockchain attempts to categorize cross-border transactions of Bitcoin (BTC) based on their “country of origin,” which may have important implications for the Financial Action Task Force’s Travel […]
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The Monetary Authority of Singapore is ready to deploy its multi-currency blockchain payments project for commercial use. Singapore authorities announced today that their blockchain payments project, Project Ubin, is complete and ready for commercial launch. The Monetary Authority of Singapore, or MAS, first undertook Project Ubin in 2017 with plans to first develop a digitized […]
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Tosei real estate and Tokyo Financial Holdings issued an asset-backed digital financial product, Coinage registered with Japanese authorities as an exchange and more headlined news from Japan this past week. This week’s headlines from Japan included real estate player Tosei and Tokyo Financial Holdings listing an asset-backed digital financial product, Cointelegraph Japan interviewing a former […]
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An overview of the first two days of the Unitize virtual blockchain conference where top crypto and blockchain experts offered their views on topical issues in the industry. The first two days of Unitize, the virtual conference organized by BlockShow and San Francisco Blockchain Week, have come and gone with speakers from various sectors of […]
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