What is crypto money laundering? Crypto money laundering involves concealing illegally obtained funds by funneling them through cryptocurrency transactions to obscure their origin. Criminals may operate offchain but move funds onchain to facilitate laundering. Traditionally, illicit money was moved using couriers or informal networks like Hawala. However, with the rise of digital assets, bad actors […]
South Korea’s central bank has ruled out adding bitcoin to its foreign exchange reserves, citing extreme price volatility and failure to meet liquidity and investment-grade standards. This stance follows U.S. President Donald Trump’s March 6 executive order promoting bitcoin stockpiling. The Bank of Korea, responding to a query from Rep. Cha Gyu-geun, emphasized that reserves […]
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition examines how the recently disclosed use of crypto for power imports in Bolivia opens a new era for the validity of these settlements in international commodity markets. Latam Insights Encore: Bolivia Taps […]
Tech giant Microsoft has discovered a new remote access trojan (RAT) that targets crypto held in 20 cryptocurrency wallet extensions for the Google Chrome browser. Microsoft’s Incident Response Team said in a March 17 blog post that it first discovered the malware StilachiRAT last November and found it can steal information such as credentials stored […]
CryptoQuant’s head chief says Bitcoin’s bull market could already be over — changing his stance from earlier in the month when he said the Bitcoin bull cycle will be slow but “is still intact.” “Bitcoin bull cycle is over, expecting 6-12 months of bearish or sideways price action,” CryptoQuant founder and CEO Ki Young Ju […]
The Libra token scandal is set to be reviewed by the Supreme Court of New York after a newly filed class-action lawsuit accused its creators of misleading investors and siphoning over $100 million from one-sided liquidity pools. Burwick Law filed the suit on behalf of its clients against Kelsier Ventures, KIP Protocol and Meteora on […]
Chainlink is a decentralized oracle network that connects blockchain smart contracts with real-world data, enabling applications in decentralized finance (DeFi), gaming, and enterprise solutions through its native token, LINK. Understanding Chainlink: How Its Oracle Network and LINK Token Work Blockchain technology revolutionized digital agreements through smart contracts—self-executing code that automates processes without intermediaries. However, a […]
US government cost-cutting csar Elon Musk claims to have found at least 14 “magic money computers” in the federal government with the ability to send money from nothing. Musk said the computers, which exist in several federal departments, including the Treasury, Defense and Health and Human Services departments, can essentially issue payments and send money […]
US government cost-cutting csar Elon Musk claims to have found at least 14 “magic money computers” in the federal government with the ability to send money from nothing. Musk said the computers, which exist in several federal departments, including the Treasury, Defense and Health and Human Services departments, can essentially issue payments and send money […]
The U.S. is “sowing the seeds of future upheavals,” an ECB official warns, claiming its crypto policies could ignite the next global financial crisis and destabilize markets worldwide. ECB Official Blasts US Crypto Strategy European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau has warned that the United States’ approach to cryptocurrencies and […]
Bitcoin’s nearly $12 billion open interest shakeout earlier this month might be just the catalyst needed for the asset to regain its upward momentum, according to a crypto analyst. “This can be considered as a natural market reset, an essential phase for sustaining a bullish continuation,” CryptoQuant contributor DarkFost said in a March 17 markets […]
A British man’s desperate fight to recover about 8,000 lost bitcoin—worth hundreds of millions—has been blocked again, pushing him to take his battle to Europe. Appeal Denied: 8,000 BTC Trapped as Man’s Battle Moves to Europe A British man who accidentally discarded a hard drive containing bitcoin worth hundreds of millions of dollars has faced […]
