In a landmark case in New York, Victoria Jacobs, also known as Bakhrom Talipov, was sentenced to 18 years in prison for her involvement in funding Syrian terrorism through Bitcoin. The Manhattan District Attorney’s office described Jacobs as being deeply embedded in online terrorist networks, playing a pivotal role in raising and laundering funds for
Blockchain
The recent Bitcoin Halving has put Bitcoin miners in a tough spot. They are now faced with a dilemma – whether to give in to the current market conditions or hold on in hopes of a potential increase in Bitcoin’s price. CryptoQuant CEO Ki Young Ju expressed his concerns about miners holding onto their crypto
As April comes to a close, the cryptocurrency industry witnessed a significant decrease in combined losses from hacks and scams, reaching the lowest recorded figure in recent years. According to security firm CertiK, the total amount lost to exploits, hacks, and scams in April was approximately $25.7 million, marking a substantial decline from previous months.
In a surprising turn of events, former Binance CEO Changpeng ‘CZ’ Zhao has been handed a four-month prison sentence in a Seattle courtroom. This development has sent shockwaves through the cryptocurrency industry, marking a significant moment for the industry giant and its influential founder. During the sentencing, Judge Richard Jones took into account a variety
China’s JunHe Law Firm recently published a report discussing the anti-money laundering challenges associated with the digital yuan. One of the key concerns raised in the report is the potential for anonymity in transactions. While user privacy is a crucial aspect of the digital currency, it also opens up opportunities for illicit activities to go
Recently, Io.net CEO Ahmad Shadid shared details of a Sybil attack on the network, highlighting the company’s efforts to enhance security measures. The attack involved the exploitation of vulnerabilities to spoof GPU availability and receive rewards from the decentralized computing network based on Solana. Upon the discovery of the attack on April 27, the Io.net
Recent news out of Russia suggests that a ban on the circulation of cryptocurrencies may be imminent, with a proposed start date of September 1. This ban would only allow digital financial assets issued within Russian jurisdictions to operate, excluding all other cryptocurrencies. The bill is expected to have the backing of the Central Bank
The article discusses how traditional finance is not seen as the best use case for tokenization, according to Chainlink Labs’ director of capital markets. While the focus is on real-world data, there seems to be a dismissal of the potential for tokenization in traditional finance. It is important to consider that traditional finance still holds
The Crypto Series of Poker (CSOP) is currently making waves at CoinPoker, offering an enticing main event with a guaranteed prize pool of $100,000. While the buy-in for this No Limit Hold’em tournament is set at $500, players have a chance to secure free entry via a special Twitter promotion. By following @CoinPoker_OFF, retweeting the
The European Union (EU) recently introduced a new anti-money laundering regulation (AMLR) that will impact all crypto-asset service providers (CASPs) operating within its jurisdiction. The regulation aims to enhance the powers of Financial Intelligence Units (FIUs) to detect and prevent money laundering and terrorist financing activities. One of the significant changes brought about by the
