Chainalysis CEO Michael Gronager believes “it’s not much further away” before governments use AI agents to catch onchain crypto wrongdoers. Read More at https://cointelegraph.com/news/ai-agents-soon-solve-crime-catch-criminals-chainalysis-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: September 2024
Feds end Bitcoin bandits’ luxury life fueled by $230M crypto scam
The scammers spent their gains on a lavish lifestyle of luxury cars, apartments, jewelry, and nightlife. Read More at https://cointelegraph.com/news/blockchain-detectives-feds-crack-230m-crypto-heist?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BingX confirms ‘minor’ losses amid panic over hot wallet movements
Crypto exchange BingX’s product chief Vivien Lin has confirmed there was a hack and a “minor asset loss,” which is still being calculated. Read More at https://cointelegraph.com/news/singapore-based-bing-x-exchange-hot-wallet-suspected-hack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DeFi lending protocol Sky to drop wrapped Bitcoin after governance vote
The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform. Read More at https://cointelegraph.com/news/sky-maker-going-ahead-plan-offboard-wrapped-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Germany seizes 47 crypto exchanges tied to ‘underground economy’
German authorities sent a loud and clear message to criminal users of the exchanges: We found their servers and have your data — see you soon. Read More at https://cointelegraph.com/news/german-government-shuts-47-suspicious-crypto-exchanges?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Chinese Tether laundromat, Bhutan enjoys recent Bitcoin boost: Asia Express
Tether launderers sentenced as Bhutan’s Bitcoin hodling places it as the fourth largest among governments: Asia Express. Read More at https://cointelegraph.com/magazine/china-tether-laundering-bhutan-bitcoin-holdings-increase-asia-express/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Making crypto mainstream requires greater efforts to stop fraud
One of the greatest use-cases of blockchain technologies is the ability to improve security and counter malicious actors, but we need to get serious about it. Read More at https://cointelegraph.com/news/making-crypto-mainstream-requires-efforts-stop-fraud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US federal judge tosses Consensys’ suit against SEC
A Texas federal court judge has dismissed a lawsuit brought by Consensys against the SEC that claimed the agency was investigating Ethereum to classify it as a security. Read More at https://cointelegraph.com/news/consensys-lawsuit-sec-dismissed-texas-court?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Court approves Terraform Labs winding down in bankruptcy hearing
After collapsing in 2022, facing an SEC lawsuit in 2023, and filing for bankruptcy in 2024, many of Terraform’s legal cases in the US are beginning to wind down. Read More at https://cointelegraph.com/news/terraform-labs-winding-down-bankruptcy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US prosecutors oppose Mango Market exploiter's motion for acquittal
Following the exploit, Eisenberg claimed he negotiated a settlement with Mango Markets’ insurance fund to ensure users retained their money. Read More at https://cointelegraph.com/news/us-prosecutors-oppose-mango-market-exploiter-s-motion-acquittal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound