Cryptocurrency Analysis and News Portal
Fraudsters promoting online cryptocurrency scams in the United Arab Emirates (UAE) now face a possible five-year jail sentence plus a fine of up to $272,000, according to a report. The new measures, which are set to take effect on January 2, 2022, are part of the government’s effort to protect
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The Royal United Services Institute (RUSI), the British defense and security think tank, questions whether or not non-fungible token (NFT) assets can be used for money laundering purposes. The report determines that in order to mitigate the money laundering risks a ‘know your customer’ monitoring system “needs to be implemented.” RUSI:
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Ahead of the introduction of mandatory vaccination and COVID status checks in Scotland and Wales, the UK Information Commissioner, Elizabeth Denham, said: “While
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The leader of a cryptocurrency scheme that swindled over $30 million from investors has pleaded guilty to fraud, the U.S. Department of Justice (DOJ) said. He now faces a maximum sentence of 20 years in prison. Leader of $30M Crypto Scheme Pleads Guilty to Fraud The U.S. Department of Justice (DOJ) announced
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The Information Commissioner’s Office (ICO) has approved the first UK GDPR certification scheme criteria. Certification was brought in under the UK GDPR as
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Rentible.io, a next-generation proptech platform aiming to advance the move towards a decentralized sharing-economy and making blockchain use-cases in its respective sector more mainstream-accessible, has passed yet another milestone with the release of its novel deposit smart contract. The platform, aimed to be launched in Q4 and which will make it possible
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On July 17, the well known Dark Wallet creator and early Bitcoin developer, Amir Taaki, criticized bitcoin privacy methods on Twitter. Taaki claimed that UTXO mixing concepts like Coinjoin were “absolute garbage.” Taaki also knocked other concepts like Mimblewimble and privacy-centric coins like monero as well, claiming that zero-knowledge
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The Securities and Exchange Commission (SEC) of the Philippines has warned the public against individuals and groups engaged in unauthorized crypto investments and trading, according to an announcement on July 1.The Philippine SEC warned those who were involved in crypto schemes could face a fine or 21 years of imprisonment
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