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“Online gambling platforms, and especially those that are operating illegally, have emerged as among the most popular vehicles for cryptocurrency-based money launderers, particularly for those using Tether or USDT on the TRON blockchain,” said the report by the UN Office on Drugs and Crime (UNOD).
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The firm's restructuring plan trims about $400 million in debt from its balance sheet and fully repays company creditors thanks to a turnaround in Bitcoin prices over the last year, reported Bloomberg.
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The Treasury Department and Internal Revenue Service issued an announcement informing businesses that they do not have to report the receipt of digital assets the same way as they must report the receipt of cash until Treasury and IRS issue regulations.
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Bitcoin consulting service and hardware store Bitsaga.be has been deplatformed by payment processor Stripe for offering Bitcoin mining equipment on its site.
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Google and Apple pulled many cryptocurrency exchanges, including Binance and Kraken, from their App Stores in India last week, less less than two weeks after most of these global firms were flagged for operating “illegally” in the country.
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"GitLab has released security updates for both the Community and Enterprise Edition to address two critical vulnerabilities, one of them allowing account hijacking with no user interaction," reported Bleeping Computer.
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"Bitcoin and blockchain technology are public goods. That’s why we’re donating 5% of our profits to Bitcoin core developers," wrote CEO Jan van Eck in a blog post.
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Bitwise will be donating 10% of profits from its bitcoin ETF to OpenSats, the Human Rights Foundation, and Brink - all split evenly - for the next 10 years.
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The U.S. Securities and Exchange Commission has approved 11 (out of 14) spot bitcoin exchange-traded funds, including those of Grayscale, Bitwise, iShares (BlackRock), ARK Invest, VanEck, Wisdom Tree, Fidelity and others.
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Jochisan is fourth Spiral grantee working on Fedimint.
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An unknown actor gained access to the US Securities and Exchange Commission's unsecured X account via a sim swap attack and made a fake Bitcoin spot ETF approval announcement, causing a stir in the markets a day before its much-anticipated decision on spot Bitcoin ETFs.
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The new FCA rules for promoting bitcoin and 'crypto assets', categorizing them as 'restricted mass market investments,' came into effect on October 8, 2023. These regulations include a 24-hour cooling-off period for first-time buyers, client appropriateness testing, and categorization requirements.
