Chinese authorities have arrested over 1,110 people suspected of crypto-related money laundering. The Ministry of Public Security claims those arrested used crypto to launder profits from internet and telephone scams. The case involved a 1.5-5% […]
Key Takeaways UNICEF has announced funding for seven blockchain startups. Those startups cater toward “unbanked” communities—that is, areas with little access to traditional financial services. The startups will collectively receive over $500,000, paid out in […]
U.S. crypto exchange Gemini is acquiring Shard X, a developer of secure multi-party computation (MPC) cryptographic technology. Gemini is integrating the MPC technology into its multi-site key management and signing infrastructure. This will drastically increase […]
Blockchain technology has fostered decentralization with limitless potential. Through this innovation, privacy and security are more a guarantee than an expectation. Through blockchain, various industries as well as individuals, are able to store data and […]
Data from CryptoTreasuries shows that 32 companies hold nearly $12 billion in BTC, while 11 companies hold roughly $470 million in ETH. According to data from CryptoTreasuries, 32 companies together hold about 325,013 bitcoin. That […]
Key Takeaways Paraguay’s Deputy of the Nation, Carlos Antonio Rejala Helman, has hinted that the country will start working on a big project involving Bitcoin and PayPal this week. Rejala Helman said that the project […]
Peer-to-peer (P2P) marketplace Paxful announced the official launch of a new e-commerce solution called Paxful Pay. Paxful Pay will allow businesses worldwide to start accepting bitcoin as payment. The service will allow consumers to use nearly […]
JPMorgan Chase has added several new positions related to cryptocurrencies, and will expand its crypto services in the merchant and consumer payments space. Multinational investment bank JPMorgan Chase is on the lookout for potential employees […]
Ripple has transferred over 408 million XRP tokens to co-founder and ex-CTO Jed McCaleb as part of a formal agreement that was established years ago. Ripple co-founder and former Chief Technology Officer (CTO) Jed McCaleb […]
Key Takeaways The Department of Justice has established a task force to tackle ransomware attacks. The attackers behind the recent Colonial Pipeline incident reportedly received their $5 million ransom in cryptocurrency. Critics have claimed that […]
© Copyright 2024 TheCryptoMagic.com
