• Chainalysis tracks Dash and Zcash
    Cryptocurrencies,  Technology

    Chainalysis touts ability to track ‘privacy coins’ Dash and Zcash… but how?

    Those who use these cryptocurrencies for illicit transactions are more exposed than they think, even if they’re among the tiny group who actually use their obfuscation tools

    The blockchain intelligence firm says it is now able to investigate illicit payments made using Zcash and Dash. And, the company said, this can be done in a way that balances privacy and compliance.

  • Galaxy Digital Bakkt join forces
    Bitcoin

    Galaxy Digital, Bakkt woo big investors

    The partnership will provide a one-stop solution for institutional investors and asset managers looking for a safe way to buy, trade, and store bitcoin

    The two New York-based firms will collaborate to offer clients looking to invest in physical bitcoin “the same caliber of market knowledge and trade execution expertise in BTC as they would expect from any established traditional finance desk,” said Tim Plakas, head of sales at Galaxy Digital Trading,

  • Fireblocks launches Asset Transfer Network
    Technology

    Targeting institutions, Fireblocks launches Asset Transfer Network

    The digital asset transaction platform connects financial institutions and exchanges, streamlining transfers, eliminating middlemen, and securing transfers

    Backed by Fidelity, Fireblocks is designed to transfer assets transparently, quickly, and securely on-chain, the company said. It currently supports more than 200 cryptocurrency tokens, moving $9.2B in digital assets each month.

  • ICE indicts Venezuelan Petro leader
    Cryptocurrencies,  Politics

    U.S. puts $5M bounty on head of Venezuela’s Petro Superintendent

    Superintendent of Venezuela Government Cryptocurrency Joselit Ramirez Camacho was indicted for money laundering, violating U.S. sanctions, and working with designated drug kingpins

    Joselit Ramirez Camacho, is “accused of having deep political, social and economic ties to multiple alleged narcotics kingpins, including the country’s former vice president, Tareck El Aissami,” according to a statement released on June 1 by the ICE Homeland Security Investigations division.