Australian state police sets up crypto division to trace transactions

Australian state police sets up crypto division to trace transactions

Law enforcement in Australia is working to boost cryptocurrency expertise and trace crypto transactions by setting up a dedicated police group. The Australian Federal Police (AFP) has established a new cryptocurrency unit to focus on monitoring crypto-related transactions, The Australian Financial Review reported on Monday. Stefan Jerga, the national manager…

Ripples of Bitcoin adoption at Biarritz’s Surfin Bitcoin Conference in France

Ripples of Bitcoin adoption at Biarritz’s Surfin Bitcoin Conference in France

A sublime sunset enveloped Biarritz Casino on Aug. 27, bringing France’s largest Bitcoin (BTC) conference to a close. Located in southwest France and organized by French Bitcoin exchange Stackin Sat, Surfin Bitcoin assembled a host of Bitcoin OG’s, newbies and no coiners, those yet to buy or earn crypto, in…

US congressman and crypto skeptic explains why a crypto ban won’t work

US congressman and crypto skeptic explains why a crypto ban won’t work

In a recent interview, United States congressman and a known crypto skeptic Brad Sherman claimed that banning cryptocurrencies is not an option at this point. In a statement to LA Times, the Northridge-area Democrat said that the crypto industry has become quite powerful over the years. He added that the high…

Terror groups may turn to NFTs to raise funds and spread messages — WSJ

Terror groups may turn to NFTs to raise funds and spread messages — WSJ

The first known case of a nonfungible token (NFT) created and shared by a “terrorist sympathizer” has come to light, raising concerns that the immutable nature of blockchain tech could help the spread of terrorist messages and propaganda.  In a Sept. 4 article in The Wall Street Journal (WSJ), intelligence…

A range-break from Bitcoin could trigger buying in ADA, ATOM, FIL and EOS this week

A range-break from Bitcoin could trigger buying in ADA, ATOM, FIL and EOS this week

The decline in the United States equities markets last week extended the market-wide losing streak to three consecutive weeks. The Nasdaq Composite fell for six days in a row for the first time since 2019. The markets negative reaction to a seemingly positive August jobs report suggests that traders are…

Can the government track Bitcoin?

Can the government track Bitcoin?

Apart from data analysis done alone or in cooperation with private companies, authorities may request information from centralized exchanges. Due to regulation, centralized exchanges may also be obligated to share such information. However, not all cryptocurrency exchanges collaborate with authorities. A centralized exchange is a cryptocurrency exchange that is run…

PwC Venezuela Twitter account hacked, attacker shills fake XRP giveaway

PwC Venezuela Twitter account hacked, attacker shills fake XRP giveaway

An attacker gained access to PwC Venezuela’s Twitter account and has been actively posting cryptocurrency phishing links for the last 8 hours at the time of the writing. Considering that all the tweets posted by the hacker remain active, it is evident that PwC officials are yet to realize the…

Elon Musk-crypto video played on S. Korean govt’s hacked YouTube channel

Elon Musk-crypto video played on S. Korean govt’s hacked YouTube channel

A YouTube channel owned by the government of South Korea was reportedly hacked and renamed SpaceX Invest, following which the channel uploaded fabricated videos of Elon Musk discussing cryptocurrencies. On Sept 3, the South Korean government’s YouTube channel was momentarily hacked and renamed for sharing live broadcasts of crypto-related videos….

Repurposing Bitcoin mining heat can solve global energy crisis: Arcane

Repurposing Bitcoin mining heat can solve global energy crisis: Arcane

The flexibility behind running Bitcoin (BTC) mining operations can be vital to solving the real-world problems that stand in the way of the energy industry, suggests Arcane research. One of the biggest concerns authorities raise when it comes to Bitcoin’s mainstream adoption is its energy requirements. While innovations in chipset…