Victoria Jacobs, also known as Bakhrom Talipov, was recently sentenced to 18 years in prison by a New York State court jury for funding Syrian terrorism through Bitcoin. The Manhattan District Attorney’s office stated that Jacobs was deeply involved in online terrorist ecosystems, playing a crucial role in raising and laundering money for Syrian terrorist
Blockchain
As April comes to a close, the cryptocurrency industry faced a significant downturn in combined losses from hacks and scams. According to security firm CertiK, the month witnessed the lowest recorded figure, with approximately $25.7 million lost to exploits, hacks, and scams. This marked a 141% decrease from the previous month and is the lowest
The recent Bitcoin halving has presented a challenging dilemma for Bitcoin miners. According to CryptoQuant CEO Ki Young Ju, miners are currently facing a critical decision point – whether to capitulate to the current market conditions or wait for a potential increase in Bitcoin price. Ju expressed his concerns about miners holding onto their crypto
In a significant development for the cryptocurrency industry, former Binance CEO Changpeng Zhao received a four-month prison sentence in a Seattle courtroom. This marked a pivotal moment for the industry giant and its influential founder, raising questions about the future of Binance and the broader implications for the cryptocurrency market as a whole. Judge Richard
China’s JunHe Law Firm recently published a report discussing the challenges and opportunities related to anti-money laundering (AML) practices in the context of the digital yuan. The report, co-authored by JunHe’s Partner Chen Xin, raises concerns about the potential vulnerabilities of the digital yuan that could be exploited for illicit activities. One of the major
CEO Ahmad Shadid of Io.net recently came forward with details regarding a Sybil attack that the network experienced. The attack highlighted the vulnerabilities within the network and the need for improved security measures. Shadid explained that the attackers were able to exploit these vulnerabilities to spoof GPU availability and gain rewards from the decentralized computing
Recently, top lawmakers in Russia have confirmed that a “crypto ban” could be implemented as early as September 1st. This ban would involve prohibiting the organization of the circulation of cryptocurrencies in the country, with only digital financial assets issued in Russian jurisdictions being exempt from the new law. The bill is expected to pass
The director of capital markets at Chainlink Labs recently made a bold statement, claiming that the traditional finance sector is not the most ideal use case for tokenization. Instead, he argues that the real value lies in the tokenization of real-world assets (RWA). The potential market size for tokenized RWAs is estimated to be in
The Crypto Series of Poker (CSOP) is currently captivating the attention of online poker enthusiasts at CoinPoker. The main event, scheduled for April 28 at 18:30 GMT, boasts a significant $100,000 guaranteed prize pool in the No Limit Hold’em format, requiring a $500 buy-in from participants. However, one fortunate player can bypass this buy-in requirement
In recent news, the European Union (EU) has formally passed a new anti-money laundering regulation (AMLR) that will have significant implications for all crypto-asset service providers (CASPs) operating within its jurisdiction. The regulation aims to enhance the powers of Financial Intelligence Units (FIUs) in order to detect and combat money laundering and terrorist financing activities