How Can Google Help Mitigate Crypto Crime Cases

Cryptocurrency-related crimes have been around for quite some time. Perpetrators are coming up with new methods as blockchain technology advances. Since Google deals with internet-related services, it is perfect for solving crypto crimes. Inform Investors on Crypto Crimes As more people are getting into cryptocurrencies, scammers are revamping new ways to steal funds. Crypto criminals can steal their crypto through crypto-jacking. Cryptojacking happens when a crypto mining code gets into the target's computer through phishing tactics. Phishing attacks occur in the form…

SushiSwap’s Head 0xMaki Leaves Office, Warms up for an Advisory Position

0xMaki, a prominent individual in the crypto space, is vacating his leadership duties at SushiSwap. He intends to begin working as an advisor in the decentralized autonomous organization.  0xMaki’s Departure At the moment, the project lead doesn’t have any valid reason for stepping down. However, 0xMaki plans on making an official announcement on his decision soon. Several cases raise questions even as the protocol’s co-founder exits from leadership. In the early days, a particular user made a suggestion that Maki should receive 1.5…

Wall Street Firms Set Sights on Crypto Markets Trading Positions

Multiple Wall Street industrial trading companies have recently made plans to boost their cryptocurrency trading activities. The financial startups may soon open new business ventures to acquire a lump sum of crypto assets to trade. The most prominent players in the United States equity market have shifted their focus to digital assets. Some of these companies include Jump Trading, Jane Street and GTS. Wall Street Eyes Cryptocurrency Trading Several renowned Wall Street companies command trading respect on a global sphere. Additionally, they take up…

Laos Legalizes Crypto Trials Amid Financial Crime Concerns

Laos, the southeast Asian country, authorized six companies to take part in a cryptocurrency trial. The government changed its official policy recently. Consequently, the firms will trade and mine in a trial run while the government drafts usage regulations. This development will assist the country in gaining profit from Chinese miners. Subsequently, they can become an option for those who have suffered from China's cryptos mining crackdown.  The firms are Boupha Road-Bridge Design Survey Co., Phousy Group, and Sisaket Construction. Also part of the…

Canadian Politician Says That He Supports Bitcoin Days Ahead of Federal Elections

The leader of the People's party of Canada, Maxime Bernier, took to Twitter to announce that he is a prominent Bitcoin enthusiast. He posted this 'secret' just one week before the federal elections. Bernier revealed his secret after many Canadians reached out to know if he supports Bitcoin and blockchain technology. He said that he fully supports Bitcoin. Bernier has condemned Canada's current monetary system and the inflation of its currency. On September 15, he stood up to prime minister Justin Trudeau…

Jay-Z Battles with Dash in a Lawsuit Involving His Album’s NFT

Jay-Z and Damon Dash, co-founders of Roc-A-Fella Records, are in a legal fight involving non-fungible tokens (NFTs).  It is not the first of such cases in the U.S. There have been more than half a dozen suits citing ownership and regulation of NFTs since the start of 2020. The asset has grown over the past year. OpenSea, the biggest NFT marketplace, soared from $8 million to $1 billion in just six months. The Lawsuit Filed Against Dash In June, Roc-A-Fella…

China Increases War on Crypto Mining out of Fear for Winter Power Shortages

Recent reports show that China is increasing its crackdown on crypto mining activities. The main reason behind the crackdown was China's 5-year plan to be carbon neutral. Yet, other reports state that power shortages in the upcoming winter could be the reason behind the crackdown. Furthermore, China could be looking to strengthen its digital yuan.  China Intensifies War on Crypto Miners Recently, there have been reports that China is increasing its crack illegal crypto mining. The China crypto crackdown has…

Binance Eyes A Clear Regulatory Path by Adopting Centralization 

Binance exchange CEO Changpeng Zhao admits to adopting a centralized platform. Working under a centralized crypto exchange paves the way to peaceful coexistence with the regulators. By Zhao's words, Binance needs a clear record of stakeholders, risk controls, and ownership. The news comes after continuous battles with financial regulators from different countries. The Previous Struggles Binance had several regulatory fights in the past. Essentially, concerns came from regulators based in Italy, Singapore, Holland, Japan, and many more. In June 2021, Japan issued…

Employee Traded Insider Information, Opensea Confirms

Opensea NFT marketplace confirmed on the 15th that one employee was insider trading. The event came after several social media users accused one of their top executives of trading insider information. Opensea accepted publicly and announced the new policies they set against insider trading in the future. Opensea Employee Trading Information On Wednesday, Opensea confirmed that one of their employees had taken part in insider trading. Opensea is the largest NFT marketplace. It had trading volumes of over $3.3 billion in August.…

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