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Blockstream Satellite 2.0 Allows Users to Synchronize Bitcoin Node Without Internet Connection

Blockstream, the Canada-based distributed ledger technology (DLT) project dedicated to improving the Bitcoin (BTC) network, has announced the launch of Blockstream Satellite 2.0. The team says the latest upgrade comes with a standards-based transmission protocol, additional bandwidth, and coverage areas, while also allowing users to synchronize the entire Bitcoin node

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US Government Sanctions Two Chinese Nationals in Connection With Lazarus Group Hack

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals accused of laundering cryptocurrency that was stolen in a 2018 crypto exchange hack. At the same time, the Department of Justice announced an indictment for money laundering against the same two individuals.Their activity

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Circle Cuts Another 10 Employees, Rejects Connection to CEO Stepping Down

Payments company Circle has reportedly laid off another ten employees, following the news that its CEO Sean Neville quit his position — events that the firm says are unlinked.On Dec. 11, a Circle representative told CryptoX ”we've streamlined some departments and eliminated about 10 roles.” The spokesperson confirmed that

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Featured: The Connection Between Cryptocurrency and Money Laundering

featuredIn recent years, cryptocurrency has become one of the most important components of the global financial system, as it can be considered as a significant form of personal wealth. Many businesses that have emerged over the past decade are involved with cryptocurrency trading and development.Though the use cases of cryptocurrency

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Head of Crypto Capital Arrested in Connection with Money Laundering

Ivan Manuel Molina Lee, the president of controversial Panama-based payments processor Crypto Capital tied to Bitfinex and other major cryptocurrency exchanges, was arrested by Polish authorities.According to local news outlet wPolityce’s report published on Oct. 24, he is suspected of money laundering and being involved in an international drug

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