Crypto Use Aids Ransomware Investigations According To US Financial Regulator

[ad_1] As cybercrime increased with the spread of the COVID-19 pandemic and cyberwarfare became a hot topic following Russia’s attack on Ukraine, cryptocurrency increasingly became associated with illegal and criminal activities. It has become a significant part of the thriving of ransomware and other forms of cyber extortion. This perception is not new, as Chainalysis…

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Bitcoin Importance Grows In Ukraine Amidst Conflict

[ad_1] Data shows the Bitcoin trading volume in Ukraine has observed a sharp increase amidst the war with Russia as the importance of the crypto grows in the country. Bitcoin Trading Volume In Ukraine Continues To Grow According to the latest weekly report from Arcane Research, the BTCUAH volume on the crypto exchange Binance has…

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Does MicroStrategy’s Michael Saylor Not Support Bitcoin-Backed Bonds?

[ad_1] MicroStrategy’s Michael Saylor has recently shared his thoughts around bitcoin-backed bonds which have been gaining popularity after El Salvador announced that it would be launching the first one. Saylor who is a staunch advocate of BTC explained where he saw the market right now in terms of bitcoin bonds and whether or not the…

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Composable Finance Raises $32 Million in Series A

[ad_1] Composable Finance is pleased to announce that it has raised $32 million in Series A funding. The round included notable investors in the space. GSR, Tendermint Ventures, Fundamental Labs, Coinbase Ventures, LongHash Ventures, Figment VC, New Form Capital, Blockchain Capital, Yunt Capital, Jump Capital, Polytope Capital, NGC Ventures, SOSV, and Spartan Group were among…

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EU Voted In Favor Of A Crypto Wallet Crackdown, What’s Next?

[ad_1] Per a report from Patrick Hansen, developer at Unstoppable Finance, the European Union Parliament could be about to crackdown on crypto wallets and their users. This entity just approved a revision to their Transfer of Funds Regulation with an upcoming draft to be voted on later today. Related Reading | How Coinbase Attempts To…

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Ethereum Layer 2s: Neues Allzeithoch erreicht

[ad_1] Die Ethereum Mainchain ist aufgrund hoher Transaktionskosten für Normalsterbliche kaum noch nutzbar, das ist kein Geheimnis. Verantwortlich für die hohen Kosten sind vor allem Anwendungen aus der DeFi- und NFT-Welt. Im Durchschnitt interagieren über 500.000 Krypto-Wallets täglich mit der Ethereum Mainchain. Diese enorme Nachfrage führt zwangsläufig dazu, dass Ethereum-Transaktionen sehr teuer werden. Allein für…

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Hot Metaverse Token, NXTT, Listing on a Centralized Exchange

[ad_1] Centralized exchanges are the brunt of a lot of criticism in the crypto world, but there’s no denying that they’re still the most popular way to trade digital assets. That’s why Next Earth’s upcoming listing on a major CEX is a big deal – it opens up their metaverse token, NXTT, to a much…

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EU stimmt für harte Regulierung von unhosted Wallets

[ad_1] Die Würfel sind gefallen. Heute stimmte das EU-Parlament über die sogenannte Transfer of Funds Regulation (TFR) ab. BTC-ECHO liegen die Abstimmungsergebnisse vor. Parallel dazu konnte man eine Debatte zur Regulierung im Livestream verfolgen. Am Freitag soll der Entwurf für den Trilog verabschiedet werden. Die TFR schreibt unter anderem im Themenkomplex “E” Krypto-Dienstleistern strenge Anti-Geldwäschemaßnahmen…

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WeChat Bans Multiple Accounts Associated With NFTs Trading

[ad_1] Tencent Holdings’ WeChat has suspended various accounts that promote digital collectibles, a term that is commonly used in China to refer to non-fungible tokens (NFTs) that cannot be purchased or traded using cryptocurrencies. WeChat — China’s biggest and most popular social media platform with a user base of over 1.2 billion — said that the…

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