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France moves to ban anonymous crypto accounts to prevent money laundering

French financial authorities are strengthening the country’s cryptocurrency regulations in a move to prevent illicit activities like money laundering and terrorism financing.On Dec. 9, several ministries in France jointly introduced an order aiming to prevent anonymous digital asset transactions by banning anonymous crypto accounts.The new regulatory effort is backed by

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OKEx CEO Says Exchange Updating Procedures to Prevent Repeat of Withdrawal Freeze Issue

Jay Hao, CEO of Malta-based cryptocurrency exchange OKEx, said his firm has taken steps to ensure the issue that caused a freeze of over five weeks in cryptocurrency withdrawals cannot reoccur.In an ask-me-anything (AMA) session, a transcript of which was published on Wednesday, Hao said the incident led the exchange

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Russian Prime Minister Pledges to ‘Civilize’ Crypto Market and Prevent Scams

Mikhail Mishustin, the Russian prime minister, raised the subject of cryptocurrencies and the need to protect users during the government session on Thursday, according to a transcript.Acknowledging the growing interest in this “relatively new tool,” Mishustin said the government plans to lead the cryptocurrency market’s development in a “civilized direction”

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Ethereum’s ‘Unannounced Hard Fork’ Was Trying to Prevent the Very Disruption It Caused

The bulk of Ethereum’s DeFi ecosystem went dark earlier today after a latent bug in the Ethereum code split the network’s transaction history in two.The split resulted from a code change that was surreptitiously inserted into a previous Geth update and activated today; some Ethereum node operators ignored the

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Ethereum Classic partners with ChainSafe and OpenRelay to prevent more 51% attacks

As it grapples with multiple security breaches, Ethereum Classic Labs has partnered with ChainSafe and OpenRelay in hopes of increasing its defenses against 51% attacks. In a post, Ethereum and its Core Dev Team will work with both ChainSafe and OpenRelay to develop and test security responses. James Wo, founder and chairman

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