Chainalysis’ 2019 crime report found illicit activities accounted for roughly 1 percent of overall crypto transactions last year, and better enforcement of anti-money laundering and know-your-customer regulations could stamp out a large portion of that. Author: Nikhilesh De
Better Regulation Could Curb Crypto Scams, Chainalysis Report Says
Former Coinbase COO Joins Blockchain-Based Lending Firm Figure
Asiff Hirji, Coinbase’s former president and COO, will take on a new role as president of blockchain-based lending startup Figure Technologies. Author: Nikhilesh De
Crypto Ponzi OneCoin May Have Used Flood of Fake Reviews to Boost Ailing Image
The OneCoin cryptocurrency project – accused by authorities of being a Ponzi scheme – attempted to boost its fortunes by using “inauthentic” accounts to place favorable reviews on TrustPilot and Quora, according to new research. Author: Daniel Palmer
Bitcoin Cracks $9,400 to Reach Nearly 3-Month High in ‘Asia-Driven Rally’
Bitcoin has risen above a key area of resistance to reach its highest point in nearly 3 months. Author: Sebastian Sinclair
Crypto-Related Deposits Drop by Half at Metropolitan Commercial Bank
Metropolitan Commercial Bank’s deposits from crypto firms have steadily declined, a sign of heightened competition in a field where the bank was once one of the only games in town. Author: Nathan DiCamillo
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