February 08, 2022
Today in Crypto: Crypto Industry Expected to Boost Political Spending;...
Digital wealth management platform Betterment announced Tuesday (Feb. 8) that it will buy automated crypto portfolio provider Makara. In the press release, Betterment CEO Sarah Levy said Makara “is to...
February 08, 2022
Two New Yorkers Arrested for Alleged Conspiracy to Launder $4.5B...
In what has been called the largest financial seizure in history, a New York couple was arrested in Manhattan for an alleged conspiracy to launder $4.5 billion in stolen cryptocurrency,...
February 07, 2022
Today in Crypto: Payments Platform Wirex Makes US Debut; Tesla...
North Korea has reportedly used stolen crypto funds to help fund its missile development program, according to a Reuters report Monday (Feb. 7), which cited a report from the United...
February 07, 2022
IRS Backs Down on Facial Recognition System
The IRS won’t be going ahead with the use of a private facial recognition system to authenticate taxpayers’ identities for online accounts, responding to criticism over privacy concerns. In a...
February 04, 2022
Bitcoin-as-Currency Experiment Costs El Salvador 1% of Its GDP, IMF...
The International Monetary Fund (IMF) is still on the offensive when it comes to El Salvador’s use of bitcoin as a legal tender, estimating the cost of implementing the program...
February 02, 2022
Criminals See NFTs as a Lucrative Target — They May...
Nonfungible token (NFT) collector Larry Lawliet announced Monday (Jan. 31) on Twitter that he had lost $2.7 million worth of super-hot Bored Ape and Mutant Ape tokens to a hacker....
February 01, 2022
PYMNTS Intelligence: Keeping Cryptocurrency Payments Safe From Identity Fraud
Cryptocurrency is one of the fastest-moving trends in the financial industry, with more than 6,000 different currencies on the market and a global projected value of $4.94 billion by 2030....
January 28, 2022
Navigating The Challenges Of Cryptocurrency Payment Acceptance
Cryptocurrency has been around for nearly 15 years but is an entirely different beast today than its humble beginnings in 2008. Bitcoin may be the household name in the crypto...
January 27, 2022
As Money Laundering Booms, Crypto Thieves Flock to DeFi
The amount cryptocurrency stolen, scammed and blackmailed nearly doubled in 2021. So, it stands to reason that money laundering would be up as well. And it is. The value of...