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Irish Authorities Seize $7.1M in Cryptocurrency Amid Darknet Money Laundering Bust

Irish Authorities Seize .1M in Cryptocurrency Amid Darknet Money Laundering BustIrish authorities seized $7.1 million in cryptocurrency in a raid targeting money laundering and darknet sales. Three individuals were arrested, with one remaining in custody. “The arrests of the three individuals and the assets seized are the result of a highly complex investigation into criminal darknet marketplace activities by specialist investigators attached to the Garda […]

Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes

BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals

BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report RevealsAs authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional investors. Banking Giant BNY Mellon Calls for Irish Crypto […]

Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes

Fidelity’s Crypto Branch to Increase Staff by 70%, President Sees ‘More Interest in Ether’

Fidelity’s Crypto Branch to Increase Staff by 70%, President Sees ‘More Interest in Ether’According to Tom Jessop, president of Fidelity Digital Assets, the company is planning to increase staff by 70% because demand for cryptocurrencies continues to keep the firm busy. Fidelity Digital Assets, the subsidiary of the wealth management firm Fidelity Investments Inc., has also seen a significant amount of demand for ethereum. Crypto Demand Pushes Fidelity […]

Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes

BNY Mellon Sets Up Crypto Unit in Ireland as Central Bank Says Bitcoin Is ‘of Great Concern’

BNY Mellon Sets Up Crypto Unit in Ireland as Central Bank Says Bitcoin Is ‘of Great Concern’U.S. banking corporation BNY Mellon is gearing up to offer crypto custody services out of Dublin where it has just established a digital hub. The news coincided with a stark warning issued by a top central bank official in Ireland who said people should only buy bitcoin if they’re prepared to lose money. BNY Mellon […]

Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes