An international operation has taken down Chipmixer, a cryptocurrency mixing service that allegedly laundered more than $3 billion worth of cryptocurrency, according to the U.S. Department of Justice (DOJ). The operation involved national authorities in the U.S., Germany, Belgium, Poland, and Switzerland — with Europol’s support. International Operation Takes Down Chipmixer The U.S. Department of Justice (DOJ) announced Wednesday “a…
Akin to platform-as-a-service solutions, quantum cloud computing services work by connecting users directly to quantum processors, emulators and simulators. Physical quantum computers are very complex, making cloud-based access an ideal setup for those needing to harness the power of quantum computing without purchasing their own machine. According to IBM, its quantum hardware systems are roughly the size of an average…
Signum Digital, the joint venture of Coinstreet and Somerley, has announced that it has received an approval-in-principle from the Hong Kong Securities and Futures Commission (SFC) for its security token offering (STO) and subscription platform. The security token is a new category of virtual assets built on blockchain technology that represents ownership of tangible assets, such as private equities, real…
College students wishing to intern for the United States Securities and Exchange Commission (SEC) are in luck — the regulator has opened applications for its Scholars Program for Fall 2023. The SEC is after “student trainees” for its business and legal programs, with the business program paying between $15.09 to $28.83 per hour for the traineeship at its Washington D.C.…
An investigation into digital asset exchanges in the Russian capital has established that some of them are ready to buy digital coins and deliver paper money in the U.K. The transfer of funds does not usually involve the identification of the clients, Transparency International Russia reveals in a report. Russia-based Cryptocurrency Exchanges Swap Stablecoins for British Cash Russian crypto exchanges…
Bitcoin (BTC) software firm Lightning Labs and blockchain startup Tari Labs have agreed to convert a court-ordered temporary restraining order that halts the development of Lightning’s Taro protocol. In a March 15 filing, lawyers for both Lightning and Tari proposed converting the restraining order to a preliminary injunction — a temporary order that prevents a party from undertaking certain actions.…
Ten separate audits conducted over a two-year period of the Ethereum-based lending protocol Euler Finance deemed it to be “nothing higher than low risk” and having “no outstanding issues” prior to it suffering from a $196 million attack. In a series of tweets on March 17 Euler Labs CEO, Michael Bentley described the “hardest days” of his life after Euler’s…
In 2023, Bitcoin (BTC) and Cathie Wood’s Coinbase (COIN) investment are finally outperforming Warren Buffett’s popular “crypto bet” in Brazil’s fintech giant Nubank (NU). Bitcoin vs. crypto-exposure stocks NU, COIN As of March 17, Bitcoin’s price is up nearly 55% year-to-date (YTD). In comparison, Nubank has risen by only 26%. Meanwhile, another crypto-exposure asset, namely Coinbase stock (COIN), has seen the biggest rebound of…
In 2023, Bitcoin (BTC) and Cathie Wood’s Coinbase (COIN) investment are finally outperforming Warren Buffett’s popular “crypto bet” in Brazil’s fintech giant Nubank (NU). Bitcoin vs. crypto-exposure stocks NU, COIN As of March 17, Bitcoin’s price is up nearly 55% year-to-date (YTD). In comparison, Nubank has risen by only 26%. Meanwhile, another crypto-exposure asset, namely Coinbase stock (COIN), has seen the biggest rebound of…
The Ethereum layer two (L2) scaling solution Arbitrum has launched a native governance token named ARB and a self-executing decentralized autonomous organization (DAO) governance model. The ARB token will have an initial supply of 10 billion, and coins will be airdropped to the Arbitrum DAO treasury, Offchain Labs (the company behind Arbitrum), Offchain Labs investors, users of the Arbitrum platform,…
