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Use of Crypto Mixers Reaches ATH in 2022: Chainalysis Report

Use of Crypto Mixers Reaches ATH in 2022: Chainalysis Report

Blockchain analysis firm, Chainalysis has released a report on the doubled use of crypto mixers this year with illicit addresses responsible for about 10% of the total usage

South Korea Tightens Regulations on Crypto Mixers Amid Money Laundering Concerns

South Korea Tightens Regulations on Crypto Mixers Amid Money Laundering Concerns

South Korea's Financial Intelligence Unit (FIU) is set to introduce new regulations targeting digital asset mixers, mirroring similar moves by the US. These measures aim to curb the use of crypto mixers for illegal money laundering.

South Korea May Reconsider Stance on Bitcoin ETFs

South Korea May Reconsider Stance on Bitcoin ETFs

South Korea's Presidential Office has urged the Financial Services Commission to reconsider its stance on Bitcoin ETFs, indicating a potential shift in the country's cryptocurrency regulation, following initial warnings against U.S.-based spot Bitcoin ETFs.

US Government Removes Cryptocurrency AML Provisions from NDAA

US Government Removes Cryptocurrency AML Provisions from NDAA

The US government has removed two AML provisions relating to cryptocurrencies from the NDAA, indicating a cautious approach to crypto regulation and raising concerns about future AML measures.

Chainalysis Partners with US Regulators to Recover $30m from Ronin Loot

Chainalysis Partners with US Regulators to Recover $30m from Ronin Loot

Blockchain analytics and security service provider, Chainalysis has helped in the recovery of $30 million in funds stolen from the Ronin Bridge by the elite North Korean hacking outfit, Lazarus Group.

Former Microsoft Employee Convicted of $10M Bitcoin Tax Fraud Scheme

Former Microsoft Employee Convicted of $10M Bitcoin Tax Fraud Scheme

A former Microsoft employee is facing nine years in prison for defrauding the tech firm of more than $10 million in digital currency.

Europol Cybercrime Report Identifies Monero, Zcash, Dash and Privacy Wallets as Emerging ‘Top Threats’

Europol Cybercrime Report Identifies Monero, Zcash, Dash and Privacy Wallets as Emerging ‘Top Threats’

Europol assessed the new developments in cybercrime in relation to the COVID-19 pandemic and identified certain cryptocurrency wallets as top threats.

First Bitcoin Mixer Slapped with $60M Fine by FinCEN in Money Laundering Crackdown

First Bitcoin Mixer Slapped with $60M Fine by FinCEN in Money Laundering Crackdown

FinCEN charged a Bitcoin-mixing operator with a $60 million civil money penalty for violating anti-money laundering regulations.

Origin DeFi Protocol Loses $7 Million to Hacker in Security Breach

Origin DeFi Protocol Loses $7 Million to Hacker in Security Breach

Origin Protocol is the latest DeFi platform to lose $7 million due to hacking. The company has said that it is working to restore the stolen funds.

Bitcoin Mixer - Shuffling Your Bitcoin For Anonymity and Privacy

Bitcoin Mixer - Shuffling Your Bitcoin For Anonymity and Privacy

Bitcoin Mixer offers a solution to the many risks posed by transacting Bitcoins online through a process known as Bitcoin shuffling.

United States Moves Forward With Crypto Regulation

United States Moves Forward With Crypto Regulation

Two new crypto-related bills were discussed among the House Agriculture Committee this week as the United States moves forward with crypto regulation.

Chinese Crypto Investors Orchestrated Digital Heist to Recuperate Lost Crypto

Chinese Crypto Investors Orchestrated Digital Heist to Recuperate Lost Crypto

China-based crypto investors launched a cryptocurrency scam of their own, after having been defrauded themselves.

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