US Secret Service has seized over $100 million worth of crypto since 2015

The United States Secret Service has seized over $100 million worth of digital assets from malicious actors in fraud-related investigations over the past seven years, CNBC reported. The federal agency revealed that it has handled around 254 cases since 2015 and that its activities have been yielding positive results, and that it has no intention …

Kraken’s Bitcoin Lightning service hits 2,500 BTC in transactions

Kraken, one of the largest centralized crypto exchanges in the world, launched its Bitcoin Lightning service on April 1st this year, but the success of the service seems to be anything but a joke. In less than three weeks, usage of the Lightning Network on Kraken has sent the exchange into the position of being …

US Secret Service Has Seized Cryptocurrency Worth Over $102 Million in 254 Fraud Cases

The U.S. Secret Service has seized cryptocurrency worth more than $102 million in 254 fraud-related investigations. “What criminals want to do is sort of muddy the waters and make efforts to obfuscate their activities,” said the assistant director of the Secret Service’s Office of Investigations. “What we want to do is to track that as …

US Lawmaker Urges Biden Administration to Develop ‘Robust Strategy’ to Prevent Crypto Use to Evade Sanctions

A U.S. lawmaker has urged the Biden administration to develop a “robust strategy” to prevent cryptocurrency from being used to evade sanctions. “Emerging technologies like cryptocurrency offer many positive applications like humanitarian relief, but the administration has not kept pace in ensuring this novel form of currency is not used to the detriment of U.S. …

Robinhood Begins European Expansion, Acquiring Regulated UK-Based Crypto Firm Ziglu

Nasdaq-listed trading platform Robinhood is acquiring Ziglu, a London-based electronic money institution and crypto asset firm. The acquisition is part of Robinhood’s international expansion plan. Robinhood “sees a big opportunity in serving customers across the globe.” Robinhood Acquiring Regulated Crypto Firm Ziglu Popular U.S.-based trading platform Robinhood announced Tuesday that it has signed an agreement …

Gensokishi Online Project Announces Decision to List MV Token on KuCoin and Campaign

press release PRESS RELEASE. GensoKishi are excited to announce that $MV ( MV(Polygon)/USDT trading pair) will list on KuCoin at 2022-04-20 18:00 (UTC), a leading cryptocurrency exchange in the world. GensoKishi are going to have various campaigns to celebrate the trading pair listing. Know more details. Please check the CAMPAIGN page on KuCoin! About KuCoin …

Ireland to bar political parties from accepting crypto donations

Ireland will prohibit political parties from accepting crypto donations under new political integrity laws. A report unveiled this news on April 18, noting that Irish Housing Minister Darragh O’Brien is the brains behind drafting these rules. These laws seek to prevent Russia’s interference in Irish elections. According to the report, the rules also seek to …

Gold-backed digital assets outperform Bitcoin, Ethereum

With the crypto market going through circles of red runs, gold-backed stablecoins like Pax Gold (PAXG) and Tether Gold (XAUT) are defying the odds and are returning positive returns for their investors, according to a Reuters report. Gold-backed coins have been on the up in 2022 Per the report, the assets have performed positively even …

Germany world’s most crypto-friendly country but averse to DeFi

Germany moved up three places on an annual basis and took the top spot as the most crypto-friendly country in the world, according to Coincub’s most recent quarterly report.  However, the country is not open to decentralized finance (DeFi). Coincub measures the country’s acceptance of the nascent DeFi sector at five out of 10. Every …

Jack Dorsey Claims if ‘You’re Building on Ethereum You Have at Least One, if Not Many, Single Points of Failure’

The internet entrepreneur and former CEO of Twitter, Jack Dorsey, claims if developers are building on Ethereum they have “at least one, if not many, single points of failure.” The statement was in response to Vitalik Buterin’s commentary concerning Elon Musk running Twitter. Former Twitter CEO Criticizes Projects Building on Ethereum Jack Dorsey doesn’t seem …

Privacy-Centric Monero Plans for July Hard Fork, Plans Include Ring Signature, Bulletproof Upgrade

According to a recent update on Monero’s Github repository, the privacy-centric crypto network plans to hard fork in July, at block height 2,668,888. Monero is the largest privacy crypto asset in terms of market capitalization and during the last seven days, monero climbed 13.4% against the U.S. dollar. Monero Aims to Upgrade in July The …

Australia to List Bitcoin ETF After 4 Clearinghouse Participants Commit to Meet Stringent Margin Terms

Australia is set to get its first bitcoin exchange-traded fund (ETF) after a report suggested the country’s clearinghouse, ASX Clear, confirmed that four market participants agreed to meet its stringent margin requirements. ASX Clear’s Margin Requirements An Australian clearinghouse controlling access to the country’s equity capital markets, ASX Clear, is expected to approve a bitcoin …

Bittrex Global’s IEO Platform Starting Block Gears up for YellowHeart Debut

PRESS RELEASE. Bittrex Global, a leading digital asset exchange, welcomes the YellowHeart Protocol, an NFT platform poised to disrupt the ticketing and music industries, to its Initial Exchange Offering (IEO) platform, Bittrex Global Starting Block. By using blockchain technologies, the YellowHeart Protocol is transforming what tickets can do and how they are created, sold and …

Zachxbt’s investigation of Project Shura’s $1.7M rug pull leads to public wallet

Onchain detective Zachxbt has revealed details about another NFT rug pull involving Project Shura. The team behind the 5000 collection project reportedly made $1.7 million before abandoning it and leaving investors high and dry. Project Shura leaves investors high and dry Project Shura is one of the few anime-inspired projects in the market that came …

Blockchain.com aiming for IPO in 2022

Leading cryptocurrency exchange, Blockchain.com is aiming to go public via an Initial Public Offering (IPO) potentially before the end of 2022, Bloomberg News reported, citing people familiar with the matter. Blockchain.com’s growth The exchange is currently in the process of interviewing banks for its IPO, which could be delayed to 2023 depending on progress, sources …

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