Coinbase met with Australian banking regulators over local crypto regulations
    16 Mar 2023
    212 Views

    Coinbase’s vice president of international policy told Cointelegraph the meetings took place in Canberra and Sydney and touched on the government’s token mapping efforts. The Reserve Bank of Australia (RBA) and Treasury have been holding private meetings with executives from Coinbase, with discussions revolving around the future of crypto regulation in Australia. Responding to Cointelegraph’s…

    Euler hacker seemingly taking their chances, sends funds to crypto mixer
    16 Mar 2023
    260 Views

    Before the move, the hacker apparently refunded at least one victim, leading to a slew of on-chain messages from other purported victims. The hacker responsible for the $196 million attack on Euler Finance has begun moving funds into crypto mixer Tornado Cash, only hours after a $1 million bounty was launched to uncover the hacker’s…

    AI-based tools bring security and transparency to the NFT market
    15 Mar 2023
    282 Views

    AI-powered blockchain analytics aims to protect NFT users from security issues haunting the ecosystem. The unhinged growth of nonfungible tokens (NFTs) has come with undesirable costs, and the tech sector is stepping up to fix it. In less than a decade, the NFT space has expanded from pixelated punks to an established proof-of-ownership for digital and physical…

    US banking system outlook downgraded to ‘negative’ following recent bank failures
    15 Mar 2023
    253 Views

    Recent bank failures have highlighted the need for Blockchain-based cryptocurrency such as Bitcoin. Credit rating agency Moody’s has recently downgraded its outlook on the entire United States banking system from “stable” to “negative.” The move comes in light of the recent failures of Silicon Valley Bank, Silvergate Bank and Signature Bank, which has prompted regulators to intervene with a rescue plan…

    Signature Bank investigated for money laundering prior to demise: Report
    15 Mar 2023
    362 Views

    The pro-crypto bank was reportedly under dual investigations to uncover if it was taking proactive measures to stop money laundering. The cryptocurrency-friendly Signature Bank was reportedly being investigated by two United States government bodies prior to its collapse. According to a March 15 Bloomberg report citing people familiar with the matter, investigators with the Justice Department were…

    CBDCs should protect privacy, not be a surveillance tool: Former CFTC chair
    14 Mar 2023
    281 Views

    Former CFTC Chair Christopher Giancarlo says that Anti-Money Laundering and Know Your Customer measures are both outdated and constitutionally questionable and that crypto technology could do better. The United States should lead the development of central bank digital currencies (CBDCs) away from being “surveillance coins” and toward being “freedom coins,” says the former chair of…