• Justin Sun
    Cryptocurrencies,  People

    Steemit is moving on over to Tron

    After announcing a partnership deal, the social media platform is moving its Dapps and converting its token

    Steemit, the blockchain-based blogging site where users get paid in STEEM tokens for content, is migrating its users, tokens, and decentralized apps to the Tron blockchain. 

  • Someone landed on "Go to jail" (via Pixabay).
    Regulation,  United States

    When is bitcoin mixing a crime?

    Hint: when it’s directly linked to laundering illicit proceeds on darknet markets

    Bitcoin mixers, or tumblers, have been around for years. The way they work is you send bitcoin to a service and the service scrambles your bitcoin with other bitcoins, so that in the end, it’s difficult to know the source of the funds—even though the transactions are visible on the blockchain. 

  • Wall STreet
    Cryptocurrencies,  Regulation

    Coinbase completes two security audits to woo institutional investors

    Grant Thornton conducted rigorous evaluations for the crypto exchange’s custody solution, certifying it SOC1 and SOC2 compliant

    In a move to lure more institutional money into the space, U.S. crypto exchange Coinbase just completed two major security audits for its custody solution. 

  • Treasury Secretary Steven Mnuchin
    Regulation

    Mnuchin: stricter crypto AML rules coming ‘very quickly’

    At a Senate Finance Committee hearing, the Treasury Secretary said FinCEN was prepping to release ‘significant’ new requirements for virtual currencies

    The U.S. is joining regulators around the globe in moving to enforce tougher cryptocurrency anti-money laundering policies, Treasury Secretary Steven Mnuchin said yesterday.