policies

How Binance Helps Legal Authorities Take Down Cybercriminals Laundering Illicit Funds

sponsored According to the latest UN statistics, global money laundering transactions reach up to $2 trillion a year. A small fraction of that huge amount passes through the digital assets ecosystem, and responsible actors in it are working to bring that down even more. As the world’s leading cryptocurrency exchange, Binance has especially taken it upon itself to protect the safety and security of the virtual finance world. Here is how it helps legal authorities to take down cybercriminals laundering money. Busting the $500 Million FANCYCAT Ring In June 2021,

Fortune Publishes their Most Disgusting Bitcoin Article Yet. Here’s Why.

Just when you thought Fortune couldn’t sink any lower with their Bitcoin slander, the publication tries to relate a neutral technology to “the alt-right” and “white supremacists.” Is this what journalism has devolved into? Unfortunately, in the case of Fortune, the answer is yes. This is not the first time they have used their publication as a weapon. They’ve tried to slander Bitcoin numerous times before, and there’s a concrete reason for that. Related Reading | Bitcoin And Crypto Adoption Soars 880% In 2021, This Is What’s Driving It Before

Coinbase won’t pursue its planned lending service, fears SEC scrutiny 

It appears that Coinbase would prefer to be on the safe side rather than dealing with U.S. Securities and Exchange Commission’s scrutiny and pressure.  In a blog that the crypto exchange has posted, it announced that it would no longer pursue its plans to roll out its “Lend” service, which is supposed to be a crypto-based lending service.  Lend was supposed to be a service that would pay users if they lend out their tokens, but the SEC has warned the company about the legal consequences of such service.  Showing

Ted Cruz says crypto got ‘screwed’ after senate votes on infrastructure bill

In an occurrence with effects yet to be fully determined, US democrats have objected to moves to make further amendments to the crypto tax provision in the infrastructure bill. Senator Cruz reflects on crypto bill provisionTed Cruz, the lawmaker representing Texas at the United States Senate, revealed this in a tweet on Monday. “Crypto got screwed tonight,”he wrote, noting that the disagreement over the issue of spending took a partisan dimension with Democrats voting against its change.🚨Crypto got screwed tonight.🚨There’s a partisan disagreement on spending, so Dems objected to ALL further amendments.That

Security Industry Association Announces 2021 SIA Women in Security Forum Scholarship Winners

“This class of scholarship awardees is an inspiring, accomplished group of security industry professionals and students, and the Women in Security Forum is thrilled to help each honoree reach their education and professional development goals through this program." – SIA WISF Chair Kasia Hanson SILVER SPRING, Md. (PRWEB) August 10, 2021 The Security Industry Association (SIA) has named six recipients for the 2021 SIA Women in Security Forum Scholarship – a program developed by the SIA Women in Security Forum to further educational opportunities and promote advancement for the widest

Singapore Regulator Allows Crypto Exchange to Offer Digital Payment Token Services

Singapore has taken another step towards securing its position as the region’s fintech hub with the in-principal regulatory approval of digital token payment services for a crypto exchange.Sponsored Sponsored The Monetary Authority of Singapore (MAS) has granted an “in-principle approval” to cryptocurrency exchange Independent Reserve allowing it to operate as a regulated provider for digital payment token services. Singaporean financial regulators classify digital payment tokens as any “cryptographically-secured digital representation of value that is used or intended to be used as a medium of exchange.”Sponsored Sponsored According to Bloomberg, it

August 1st 2021, SUNC TOKEN – To Be Listed On Uniswap

Using Blockchain Technology To Create Transparency For Online CasinosSince the first pre-sale on June 8, 2021, SUNC has conducted a total of five pre-sales. On August 1, 2021, we will list our tokens on Uniswap at a unit price of $0.022.  Uniswap, is a decentralized exchange designed to prevent theft risks and wallet hacking. Another reason why Uniswap is the go-to exchange is because of its low fees for trading tokens. ・The Appeal For The SUNC TokenThe SUNC token is a native token issued by this project that aims to solve

Institutional investors — the future of crypto is in their hands. Or is it not?

Institutional investors are believed to drive the cryptocurrency market’s adoption and growth. Their involvement promises to make crypto widely recognized and accepted as a truly global currency. Bitcoin is supposed to gradually become an alternative to gold and skyrocket to unprecedented crypto prices.  But is this really how institutional investors work? In which direction are they actually driving the crypto market — and, after all, who are they? In this article, we will bring you the latest examples of huge whales’ interest in crypto, discover the reasons for that, and