74% of govt agencies feel under-equipped for crypto probe: Chainalysis
According to a Chainalysis industry study, law enforcement and regulatory organizations looking into cryptocurrency-related occurrences require greater data, training, and private partnerships. Better tools, training, and assistance are required for cryptocurrency-related investigations, according to a public agency poll performed by blockchain analytics company Chainalysis. In its 2022 State of Cryptocurrency Investigations Survey, the blockchain data […]
SEC Philippines to investigate Binance over illicit business practices
A Philippine think group continues to push for the outlawing of Binance, this time alleging that the cryptocurrency exchange has been operating unlawfully there. Infrawatch PH, a think tank in the Philippines, is continuing its campaign to get Binance banned there by requesting that additional regulators look into the cryptocurrency exchange’s suspected unlawful business practices. […]
Binance CEO files slander suit against a Bloomberg affiliate
The CEO of Binance, is suing Bloomberg Businessweek in Hong Kong for slander for an item under the heading “Zhao Changpeng’s Ponzi Scheme.” The CEO of Binance, also referred as in the cryptocurrency world as “CZ,” filed a lawsuit against Modern Media Company Limited on Monday. Bloomberg material is licensed by Modern Media, an independent […]
FOMO Pay uses Ripple liquidity solution for treasury management
Despite the current legal dispute in the US, Ripple has seen continuous remittance technology adoption from private organizations. FOMO Pay, a Singapore-based supplier of institutional digital payment solutions, is the most recent fintech company to include on-demand liquidity (ODL), Ripple liquidity solution. In order to enhance its cross-border treasury settlements, FOMO Pay would leverage the […]
After 11 weeks of outflows, institutional ETH sentiment becomes positive
The greatest weekly inflows for ETH since June 2021 were recorded for the week ending on July 15 and totaled $120 million. According to CoinShares, there have been inflows into digital investment products that give exposure to Ether (ETH) for four weeks running. This suggests that institutional opinion about the asset has changed for the […]