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Tag: compliance

Cryptocurrency theft drops, but frauds jump a whopping 533%

Crypto losses from thefts, hacks, and fraud rose a whopping 160% to $4.5 billion in 2019 from $1.74 billion recorded in 2018, in...

Ripple Labs Partners With the Egyptian National Bank to Bolster Remittances

Ripple Labs, the cryptocurrency firm behind digital asset XRP, is looking to build on the stellar year it had in 2019. So far,...

Pulling back the curtain to shine light on ‘scary’ insurance phrases

Reinsurance/ILS, Blockchain, and insurance financials.  Not quite lions, tigers, and bears, but for many who follow insurance the three concepts are as daunting...

Cryptocurrency crime losses more than double to $4.5 billion in 2019

Cryptocurrency users, exchanges and investors suffered $4.5 billion in crypto-related losses resulting from thefts, hacks, and fraud, a CipherTrace report reveals. Cryptocurrency crime losses The...

“Sensorized” skin helps soft robots find their bearings

For the first time, MIT researchers have enabled a soft robotic arm to understand its configuration in 3D space, by...

IRS Refused to Clarify That Its Crypto Tax Guidance Isn’t Binding, US Watchdog Says

The Internal Revenue Service (IRS) should – but won't – clarify how taxes are levied on cryptocurrencies and cryptocurrency transactions in the U.S.,...

Tether Begins Monitoring Traders With Chainalysis Tracking Tool

Stablecoin giant Tether (USDT) is the latest crypto firm to adopt anti-money laundering (AML) tracking solutions from blockchain...

Tether [USDT] Partners With Chainalysis To Curb Anti-Money Laundering

Chainalysis, a blockchain analysis company, has announced the formal partnership between it and Tether. The firm will be able to track the tokens...

Crypto Earn: Now Earn Up to 8% p.a. on ATOM Deposits, Paid in ATOM

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm" type="text" content="HONG KONG, Feb. 12, 2020 /PRNewswire/ -- Crypto.com, the pioneering payments and cryptocurrency platform, announced today...

Egyptian National Bank Turns to Blockchain to Boost Remittance Business

Another major financial institution has partnered with blockchain-based payments firm Ripple.The National Bank of Egypt has signed a cooperation agreement with Ripple to...

Tether adds compliance tool from Chainalysis to track suspicious transactions

Stablecoins issuer Tether had added a compliance tool from blockchain analysis firm Chainalysis to track suspicious transactions in “real-time.”<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm...

Chainalysis Provides Anti-Money Laundering Compliance Solution for Tether

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm" type="text" content="LONDON, Feb. 12, 2020 /PRNewswire/ -- Chainalysis, the blockchain analysis company, today announced the global roll...

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