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Tron, Tether, and TRM Labs Join Forces to Tackle Crypto Crime

Tron, Tether, and TRM Labs Join Forces to Tackle Crypto CrimeTron, Tether, and TRM Labs have announced the creation of the T3 Financial Crime Unit (T3 FCU), a new initiative aimed at fighting illicit activity in the cryptocurrency space. The partnership, focused on public-private collaboration, seeks to improve security within the Tron blockchain and reduce the misuse of its tether (USDT) stablecoin. Crypto Giants Tron, […]

Macro Guru Raoul Pal Predicts Crypto Market Will Rally ‘Pretty Strongly’ Into Year-End – Here’s His Outlook

Law Enforcement Holds Positive Views on Crypto Despite Crime Concerns, Chainalysis Reports

Law Enforcement Holds Positive Views on Crypto Despite Crime Concerns, Chainalysis ReportsBlockchain analytics firm Chainalysis has found that law enforcement finds cryptocurrency relevant to many investigations and holds positive overall views. The firm also notes the growing adoption of cryptocurrency and its increased criminal exploitation, including intellectual property theft and drug trafficking. Despite the availability of various tools, many respondents are dissatisfied with current resources, highlighting […]

Macro Guru Raoul Pal Predicts Crypto Market Will Rally ‘Pretty Strongly’ Into Year-End – Here’s His Outlook

Interpol Nigeria boosts cybersecurity with virtual asset training

The training will enable officers to effectively address cybercrimes involving virtual assets, particularly stablecoins.

The Nigerian Interpol, cybersecurity experts, and other members of the local intelligence community met to brainstorm ways to tackle the rising waves of cybercrime in the country.

The brainstorming, which took place in the nation’s capital, Abuja, under the training platform organized by A&D Forensics in partnership with the Africa Stablecoin Consortium, was said to have been designed to position the Nigerian Interpol on how to mitigate crimes involving virtual assets, particularly stablecoins.

According to blockchain specialist Chioma Onyekelu, the training session aimed to empower Interpol agents with the skills to leverage blockchain intelligence and analysis in tracing and prosecuting cybercriminals involved in cryptocurrency transactions, specifically those using Bitcoin and stablecoins.

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Macro Guru Raoul Pal Predicts Crypto Market Will Rally ‘Pretty Strongly’ Into Year-End – Here’s His Outlook

Mirror Trading International Liquidators Spent More Than $6 million on Lawyers and Investigators

Mirror Trading International Liquidators Spent More Than  million on Lawyers and InvestigatorsLiquidators of the now defunct bitcoin trading platform, Mirror Trading International have so far used approximately $4.2 million on expenses such as lawyers’ or consultants’ fees. Between Jan. 23, 2023, and the date of their appointment, liquidators claimed to have recovered approximately $770,000 which belonged to MTI. Liquidators’ Fees Liquidators of the collapsed bitcoin Ponzi […]

Macro Guru Raoul Pal Predicts Crypto Market Will Rally ‘Pretty Strongly’ Into Year-End – Here’s His Outlook

Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days

Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 DaysSix days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the stablecoin still commands roughly 10.7% of the crypto economy’s $67.71 billion in global trade volume over […]

Macro Guru Raoul Pal Predicts Crypto Market Will Rally ‘Pretty Strongly’ Into Year-End – Here’s His Outlook

Chainalysis to Offer Lightning Network Monitoring Service to VASPs in 2022

Chainalysis to Offer Lightning Network Monitoring Service to VASPs in 2022On December 10, the blockchain intelligence firm Chainalysis revealed that the company has added support for Bitcoin’s second-layer protocol the Lightning Network (LN). According to Chainalysis, firms like exchanges and virtual asset service providers (VASPs) can leverage the company’s Know-Your-Transaction (KYT) real-time transaction monitoring software in order to access compliant bitcoin deposits and withdrawals from […]

Macro Guru Raoul Pal Predicts Crypto Market Will Rally ‘Pretty Strongly’ Into Year-End – Here’s His Outlook

Blockchain Surveillance Firm Chainalysis Raises $100 Million, Company’s Valuation Now $4.2 Billion

Blockchain Surveillance Firm Chainalysis Raises 0 Million, Company’s Valuation Now .2 BillionThe blockchain intelligence and surveillance firm Chainalysis announced the company has raised $100 million in Series E funding from investors such as Coatue, Benchmark, Accel, Addition, Dragoneer, Sequoia Heritage, and SVB Capital. The financing brings the company’s valuation to $4.2 billion and it aims to expand its resources and deepen data to cover more cryptocurrencies […]

Macro Guru Raoul Pal Predicts Crypto Market Will Rally ‘Pretty Strongly’ Into Year-End – Here’s His Outlook