The U.S. government is pursuing a civil forfeiture claim on more than 300,000 units of the tether (USDT) cryptocurrency after they were reported stolen in a hack earlier this year. The funds, co-owned by Shixuan Cai and business partner Lin Jian Chen, were later frozen by operator Tether Ltd. after Cai reported the theft to the Los Angeles Police Department (LAPD) in April, court documents filed […]
Sebastian Sinclair
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Chinese authorities have arrested 77 individuals and shuttered gambling sites using the dollar-pegged tether (USDT) cryptocurrency. Source link
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
The CFTC wants futures commission merchants to take care when dealing with customer’s funds. Source link
A solution being implemented to safeguard against so-called 51% attacks on the Ethereum Classic (ETC) network may not be as secure as other alternatives, according to a new analysis. This summer, the ETC blockchain suffered three such attacks in a month. Soon after, ETC Labs – leading organization supporting the network – announced it would roll out the Modified Exponential Subjective Scoring (MESS) solution as an […]
Polymarket, a decentralized information marketplace, has closed a $4 million funding round led by Polychain Capital. Announced on Monday, the round was joined by some of the industry’s most well-known advocates and investors such as former AngelList CEO Naval Ravikant, former Coinbase CTO Balaji Srinivasan, CoinShares CSO Meltem Demirors among others. The startup said the investment will help it move to stage 2 of its beta […]
The Twitter authentication service lets .crypto domain holders verify address ownership via the MyEtherWallet app. Source link
The vote had been intended to decide whether or not to reduce the token threshold required to make and pass proposals on the DeFi protocol. Source link
A Puerto Rico-based bank founded by gold bug and long-time bitcoin skeptic Peter Schiff is under investigation over suspicions it facilitated tax evasion for “high-risk” clients. According to reports on Saturday by several large media organizations in Australia and the U.S., Schiff’s Euro Pacific Bank has become the focus of a major global tax evasion investigation dubbed “Operation Atlantis.” Hundreds of account holders at the bank, […]
The U.S. Department of Justice charged the six individuals for alleged involvement in laundering funds from Mexican drug cartels after an investigation spanning years. Source link
As well as making cryptocurrency transactions, the man is alleged to have bought luxury cars and property to launder funds. Source link
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
The Global Standards Mapping Initiative is the most “comprehensive” attempt so far to survey blockchain technical standards, the WEF said. Source link
While Elon Musk doesn’t seem sure, LibertyX claims it has installed three bitcoin ATMs at the Tesla Gigafactory in Nevada. Source link
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
Ripple, the payments startup with an IPO in the cards and a complex relationship with the XRP cryptocurrency, is branching out into lending. Source link
“Big Four” firm KPMG says its patent-pending blockchain solution will help organizations measure, report and offset their carbon emissions Source link
The inept thieves reversed their pickup truck into the store window, after failing to nab the crypto ATM. Source link
Eosfinex has launched a beta version of its mainnet, saying it brings liquidity from the Bitfinex cryptocurrency exchange to the EOS community. Source link
The judge threw out some of the claims in the lawsuit but the case can continue based on others relating to allegedly misleading statements by CEO Brad Garlinghouse. Source link
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
The blockchain-based exchange comes as part of new measures announced by President Nicolas Maduro in a big to sidestep tough U.S. sanctions. Source link
An executive member at the European Central Bank says a digital euro could protect the Eurozone’s monetary sovereignty from outside influence. Source link
The cryptocurrency and Asian stock markets dumped early Friday after U.S. President Donald Trump announced he and his wife had tested positive to COVID-19. Source link
Twitter CEO Jack Dorsey tweeted his disapproval of Coinbase CEO Brian Armstrong steering his company away from corporate activism. Read more: Coinbase Offers Severance Package to Employees Unsatisfied With ‘Apolitical’ Mission Source link
Hundreds of thousands of euros may have been supplied through a secret network benefiting al-Qaida-linked extremists in northwestern Syria. Source link
Coinbase’s CEO has issued a company-wide letter informing employees to get in line with a new cultural shift or take a severance package. Source link
The class-action alleged the Maker Foundation and others knowingly misrepresented the risks of investment in MakerDAO. Source link
The consultancy giant has released a new solution aimed to streamline enterprise resource planning on the public Ethereum blockchain. Source link
After passing $2 billion in locked assets, there’s now more value in Uniswap than there was in the entire DeFi space on July 9. Source link
A former contractor for Australian science agency CSIRO was found to have mined around $7,000 in cryptocurrency. Source link
A tech-focused subsidiary of Societe Generale said it will trial up to five different blockchains to understand their usefulness in capital markets. Source link