Day: December 3, 2021

The Federal Bureau of Investigation (FBI) has seized bitcoin worth more than $2.2 million tied to ransomware payments. The cryptocurrency allegedly belongs to an affiliate of Gandcrab and Revil/Sodinokibi ransomware. US Seizes Bitcoin Worth Over $2 Million The Federal Bureau of Investigation (FBI) has seized almost 40 bitcoins from a Russian resident tied to Revil and Gandcrab ransomware, according to a court document unsealed Tuesday. The forfeiture complaint reads: The United States of America files this verified complaint in rem against 39.89138522 bitcoin seized from Exodus wallet … that is…

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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: ‘NFT Technology Can Raise Alarm Bells From a Money Laundering and Financial Crime Perspective’ The Royal United Services Institute for Defence and Security Studies otherwise known as RUSI, was founded in 1831 and it is the oldest defense and…

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Senator Elizabeth Warren has written a letter to the CEO of the New York bitcoin mining firm Greenidge Generation, Jeff Kirt, asking for details on the company’s emissions. Warren’s letter insists “Greenidge and other [bitcoin mining] plants raise concerns about their impacts on the global environment.” Elizabeth Warren Takes Aim at Bitcoin Mining Operations The former law professor and the United States Democratic Party senator from Massachusetts, Elizabeth Warren, has taken aim at cryptocurrency mining operations after she criticized digital currency markets in recent times. In mid-September, Warren pressed the…

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Originally launched on June 15th, 2021, EverRise is a blockchain technology company that offers bridging and security solutions across multiple chains through an ecosystem of decentralized applications. With their RISE token, they were the first to bring the buyback to crypto. Since then, the buyback mechanic has become standard in space with countless forks. EverRise v2.0 EverRise is working on bringing their ecosystem of dApps to as many blockchains as possible to increase adoption of safety protocols across all DeFi. Keeping that in mind, EverRise, have recently gone live with…

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During the last few months, the Smartbch project has swelled with numerous projects, custom tokens, and the total-value locked (TVL) in five Smartbch decentralized exchange (dex) platforms has jumped more than 180% since November 3. Smartbch Defi TVL Climbs 180% in a Month — Bitcoin Cash Universe Now Has 5 Dex Platforms Eight months ago, bitcoin cash (BCH) proponents were introduced to a new website (smartbch.org) that featured a project called Smart Bitcoin Cash or Smartbch for short. Smartbch is a Bitcoin Cash sidechain that is compatible with Ethereum’s EVM…

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The crypto firm Blockchain.com is joining the slew of digital currency exchanges that have launched non-fungible token (NFT) marketplaces in recent times. On December 2, the company announced it is launching the Blockchain.com NFT marketplace, and select users can sign up for beta access today. Blockchain.com NFT Marketplace Launches Beta Access Non-fungible token (NFT) assets have become a billion-dollar industry and it seems like this technology will be a mainstay for years to come. As the NFT hype grows exponentially in 2021, a number of crypto-asset exchanges have launched NFT…

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