Cryptocurrency Analysis and News Portal
One of South Africa’s biggest cryptocurrency exchanges, Luno, has confirmed that it has started restricting withdrawals by clients. The exchange insists the limits are meant to “act as a deterrent for illicit actors moving large amounts of funds within the crypto ecosystem.” Transfers From Luno to Binance Blocked However, despite this acknowledgement,
Read More
A new report from Chainalysis has found that while China’s share of global criminal crypto flows has been falling since the third quarter of 2019, the country still represents a disproportionate amount of money laundering and scam activity.In its August 3 Cryptocurrency and China report, Chainalysis stated that more than
Read More
The founder of “Joker’s Stash,” one of the largest underground marketplaces for stolen payment card data, is officially retiring after making a fortune of over $1 billion, reports Elliptic, a U.K.-based blockchain analytics firm.According to an Elliptic blog post, the site’s pseudonymous founder, JokerStash, said the site will cease operations
Read More
On Tuesday, Ether (ETH) underwent a bullish breakout which propelled the price to a new all-time high at $1,428. While the move may have been technical, the fundamentals for Etheruem continue to improve as less than one month after launch there is now $3.8 billion worth of ETH locked on the
Read More
Next time your phone rings and the caller ID says it’s your bank, telecom company or employer’s IT department, it might be someone else. That’s because little-discussed types of SIM cards offer the ability to spoof any number, can be encrypted and in some cases allows the user’s voice to be
Read More
Digital intelligence firm Cellebrite has launched its “Cellebrite Crypto Tracer” solution.The new offering is powered by CypherTrace and aims to trace illicit cryptocurrencies involved in money laundering, terrorism, drugs, human trafficking, weapon sales and ransomware schemes.The suite of tools will be available to investigators, analysts and non-technical agents who want
Read More
It’s no secret that the anonymous and entirely digital crypto market is rife with scams, fraud, and crime. Although this only accounts for a small portion of the market as a whole, it is still a thorn in the side of the industry. It is also one of the main talking
Read More
BitMEX, one of the world’s largest crypto derivatives exchanges, has been accused in court of being “deliberately designed, from the ground up” to facilitate “a myriad of illegal activities.”The allegations were made in a major new lawsuit filed by BMA LLC in the United States District Court for the Northern
Read More
Per an April 13 announcement, Huobi (HT) Global has launched Star Atlas, an on-chain analytics tool to monitor illicit cryptocurrency transactions that could work in tandem with similar tools.Past criticism The tool should help Huobi address some of the past criticism it had received. Chainalysis’ 2020 State of Crypto Crime
Read More