• Cryptocurrencies,  Regulation

    Report lists crypto red flags—don’t be old, want privacy

    The powerful Financial Action Task Force has released a very broad list of reasons a cryptocurrency transaction should be scrutinized under anti-money-laundering rules

    While some of the crypto red flags are obvious, others are very broad and could well catch legitimate investors in the net—for instance, opening an account and making a lot of transactions despite being old.

  • Ziglu launches P2P payments
    Cryptocurrencies,  Regulation

    Ziglu launches P2P payments

    The U.K.’s Financial Conduct Authority has authorized the firm to allow users to instantly exchange cryptocurrencies and fiat funds

    The new authorization allowed Ziglu to launch its peer-to-peer transaction service that allows users to instantly send each other money in any of the currencies supported.

  • MakerDAO bringing Bitcoin to Ethereum
    Alt coins,  Bitcoin,  Ethereum

    MakerDAO bringing Bitcoin to Ethereum blockchain

    It’s hoped the addition of ‘wrapped Bitcoin’ will give the DeFi sector a much-needed boost, but bridging the two blockchains is fiddly to say the least; tBTC pitched as a better alternative

    Wrapped Bitcoin—an ERC-20 token that is backed on a 1:1 basis with BTC—is now being accepted as collateral for MakerDAO loans. It’s a significant development, not least because the crypto community has lamented the lack of a bridge between BTC and ETH for some time.

  • Monero ransom
    Cryptocurrencies,  Technology

    Tale of $10M Monero ransom unravels as husband arrested for murder

    Now detectives think the Norwegian millionaire killed his elderly wife and demanded the untraceable crypto as a ruse. And the question of whether criminals are embracing privacy coins over Bitcoin got a little more murky

    Police investigating the disappearance of a woman in Norway have arrested her husband on suspicion of murder—and believe that the $10 million ransom in a privacy-focused cryptocurrency being demanded for her safe return was part of a “clear, planned deception.”

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