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214 articles found
Latest
EU Tightens Cryptocurrency Regulations
Starting December 30, 2024, European virtual asset service providers (VASPs)—including crypto exchanges, trading platforms, and centralized wallets—must comply with the Travel Rule. This regulation is aimed at bolstering anti-money laundering (AML) and counter-terrorism financing (CTF) measures.
BlackRock’s Bitcoin Video Sparks Excitement and Debate
BlackRock, the world’s largest asset manager, released an educational video about Bitcoin. In the 3-minute video, the company explains the history of money and how Bitcoin works as an asset for transactions and a store of value.
Making Money with Binary Options in Crypto
Short-term price predictions may seem like a no-brainer, but succeeding with binary crypto options requires a strong tolerance for risk and loss. This article breaks down all the essentials for getting started, including platform selection and expert tips on managing risks.
Jim Cramer Supports the Idea of Holding Cryptos
Jim Cramer, host of CNBC’s Mad Money, has endorsed the notion of cryptocurrency ownership as a safeguard against rising national debt, though he admitted there’s no solid proof that crypto can offer any real protection.
Nepal’s Youth Targeted in Rising Cybercrime Wave
Nepal’s Financial Intelligence Unit (FIU), tasked with countering financial crimes, money laundering, and terrorist financing, has flagged cryptocurrencies as a key instrument in criminal activities.
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House Money Effect: Why “Bonus” Cash Changes How We Spend
Ever dreamt of a surprise inheritance or finding an abandoned bag of cash? You might not realize that unexpected money has a strange effect, casting a “spell” on your decisions. Breaking free from it means learning to treat every dollar as truly your own.
Peter Todd Is Satoshi: Why HBO Came to This Conclusion
Earlier this month, HBO stirred the internet with its promise to reveal who Bitcoin inventor Satoshi Nakamoto is in a new documentary, “Money Electric: The Bitcoin Mystery.”
Betting on Satoshi’s Identity: Polymarket's Big Gamble
On October 3, HBO revealed its upcoming documentary “Money Electric: The Bitcoin Mystery”. According to Politico, HBO claims to have identified the true Satoshi Nakamoto and plans to unveil their findings in the film, which is set to air on October 8.
Judge Denies Tornado Cash Founder’s Bid to Dismiss the Case
US federal judge Katherine Failla denied Tornado Cash founder Roman Storm’s bid to dismiss charges against him over $1 billion in money laundering. Thus, the case moves to the trial stage, set for December 2.
Things You Can Buy with Crypto in 2024
As cryptocurrencies continue to gain traction as an alternative to fiat money for buying goods and services, today's article takes a look at what you can purchase using crypto in 2024 and the methods available.
Bitfinex Hacker Ilya Lichtenstein Breaks Silence
Ilya Lichtenstein, known for the theft of 120,000 BTC from Bitfinex, has made his first public statement since pleading guilty last year. Previously sentenced to five years for money laundering, his partner Heather Morgan received 18 months.
From Skeptic to Advocate? Ray Dalio Calls Bitcoin Hard Money
From skepticism to admiration, Ray Dalio hailed Bitcoin as resilient money at Financial Week in Abu Dhabi. A telling shift from his earlier views.
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Taiwan Steps Up Anti-Money Laundering Efforts
Taiwan is accelerating the adoption of anti-money laundering (AML) measures, which are expected to be approved on November 30.
Heather Morgan Gets 18 Months for Bitfinex Funds Laundering
Heather Morgan, the wife of Ilya “Dutch” Lichtenstein linked to the 2016 Bitfinex hack, was sentenced to 18 months in prison for her conspiratory role in money laundering.
Don't Be a Money Mule: How to Avoid Scams
Illegally earned funds from fraud or drug trafficking need to be laundered somehow. Criminals, unwilling to risk using their own bank accounts, have adapted by using intermediaries, known as “money mules.”
Peter Todd on the Run After His “Identification” in Documentary
On October 8, HBO launched the documentary “Money Electric: The Bitcoin Mystery,” directed by Cullen Hoback. The film’s most sensational claim was that the likely identity of Bitcoin’s elusive creator, Satoshi Nakamoto, is developer Peter Todd.
Len Sassaman No Longer a Favorite. Who Could Be Satoshi Nakamoto?
With the upcoming release of HBO’s documentary Money Electric: The Bitcoin Mystery, debates have erupted online about whom HBO will claim as the real Satoshi Nakamoto. Bets are even being placed on Polymarket.
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Has Satoshi Nakamoto’s Identity Finally Been Revealed?
In the upcoming HBO documentary Money Electric: The Bitcoin Mystery, premiering on October 8, acclaimed director Cullen Hoback embarks on a deep investigation to uncover the truth behind the creation of Bitcoin (BTC) and the mysterious identity of Satoshi Nakamoto.
Binance Founder Set for Early Release
Binance founder Changpeng Zhao (CZ) is expected to be released from jail two days earlier than scheduled, following a four-month sentence for failing to enforce anti-money laundering measures on the cryptocurrency platform. CZ served half of his sentence at a halfway house in Long Beach, where he could go to movies and make supervised excursions.
AML: Stopping Money Laundering in Its Tracks
The term "Anti-Money Laundering" (AML) originated almost a century ago during the Prohibition era in the United States. It referred to illegal efforts to legitimize funds obtained through organized crime—essentially turning "dirty" money into "clean" money.
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