‘Pig Butchering’ Scams Remain Dangerous Threat in Crypto Markets, Chainalysis Report Says
While other types of illicit activity are growing, scams are the biggest issue, Wednesday’s report from the analytics firm said.
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Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS
Banks that transact on permissionless blockchains face multiple risks, including money laundering and terrorism financing, the Basel Committee on Banking Supervision said.
Cash-to-Crypto Industry Dominated by ATMs Is a Law-Enforcement Concern: TRM Labs
Since 2019, the cash-to-crypto industry—which is dominated by crypto ATMs—has processed at least $160 million in illicit volumes, according to a new study by blockchain analytics firm TRM Labs.
CEO of South Korean Crypto Firm Haru Invest Stabbed During Trial: Reuters
The executive was taken to hospital; his injuries were not life threatening.
Crypto Market Has Evolved in the Past Year, Canaccord Says
In the last 12 months, the digital assets industry has transitioned from a post-FTX recovery period back to a growth phase, the report said.
Can Prediction Market Boom Continue After Election? This Crypto Team Has a Plan
Hedgehog Markets CEO Kyle DiPeppe (Danny Nelson/CoinDesk)
Indian Court Orders Scam Websites Using Crypto Exchange Mudrex’s Name to Be Taken Down
Indian cryptocurrency exchange Mudrex won a court order telling the country’s Ministry of Communication to take down as many as 38 websites that were exploiting the company’s name to carry out scams.
Polymarket Bettors Miss Out on $270K Due to Pavel Durov’s Early Release
Bettors were fairly sure the Telegram CEO would be released in September. His release on Wednesday tossed the market on its head.
TON Back Online After Second Outage
TON says its core developer team is looking into why the DOGS token continues to crash the chain.
Bitcoin Layer-2 Network Stacks Begins Nakamoto Upgrade
Stacks co-founder Muneeb Ali (CoinDesk TV)