The Hong Kong Technology Crime Police Advisory Group has warned about the rise of digital asset-linked crime, calling for the establishment of a regulatory system to identify and eliminate risks associated with this tech. According to police data, almost $550 million was involved in digital asset crimes during 2023, with 90% of these cases involving…
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In Salt Lake City, Krista Renae Stone, 23, pleaded guilty to using the dark web to arrange a murder-for-hire in 2023. According to court documents, Stone utilized bitcoin to pay $5,000 for the hit. Between March and September 2023, she accessed a website offering “hitman for hire” services, providing detailed information about the intended victim,…
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The Dubai Financial Services Authority (DFSA) announced amendments to its crypto token regime on Monday, enhancing the regulatory environment for crypto tokens in the Dubai International Financial Centre (DIFC), a special economic zone. The amendments address investment in recognized and unrecognized crypto tokens, custody and staking of crypto tokens, compliance with financial crime regulations including…
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Global crypto trading platform Okx has launched its centralized exchange and wallet in the Netherlands. Dutch customers can now engage in spot trading and convert services for over 150 cryptocurrencies, including more than 60 crypto-Euro pairs. The platform integrates with Ideal, a popular online payment system in the Netherlands, for instant, fee-free deposits, and offers…
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According to data from June 3, an entity with eight wallets created in 2013 moved 200 BTC valued at $13.87 million after the funds remained untouched for over 11 years. If sold today, the value of these bitcoins has increased by 197,785% since their acquisition. Spending 200 Bitcoin Unveils Previous Transactions From 2013 On Monday,…
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Jim Rickards, an economist and author of the best-selling book ‘Currency Wars,’ has issued an alert about the possible collapse of the global clearance system. In a recent interview, Rickards noted that Euroclear, a settlement service, holds $200 billion in Russian assets. He further explained that Euroclear could face lawsuits if Western countries seize these…
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Meme stocks like Gamestop (GME) and meme coins associated with the GME and Wall Street Bets trend have experienced an upswing following Keith Gill’s return to Reddit. Gill, also known as “Roaring Kitty,” has sparked renewed interest. Over the past 24 hours, crypto assets such as GME and KITTY have seen triple-digit gains. GME and…
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Both bitcoin and ethereum experienced a tepid week over the last seven days, with BTC seeing a slight increase of 0.5% and ETH declining by 3.8%. Conversely, several crypto assets posted gains, with notcoin (NOT) rising 214% against the U.S. dollar. NOT Tops the Charts With 214% Increase, TAO Declines 14% The TON-based crypto asset…
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Australia-based Monochrome Asset Management is set to debut its spot bitcoin exchange-traded fund (ETF), IBTC, on the Cboe Australia exchange this Tuesday, June 4. This will be Australia’s first ETF to directly hold bitcoin. Previously, Australian investors were limited to indirect bitcoin ETFs or offshore options, which did not offer the same investor protections established…
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Hong Kong’s Securities and Futures Commission (SFC) has published a list of two licensed crypto trading platforms and 17 pending applicants under the new regulations that went into effect on June 1. The financial regulator stresses that operating without a license is a criminal offense and commits to taking appropriate actions against any legal breaches.…
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