Australian Federal Police have charged individuals involved in a $123 million crypto laundering operation, highlighting both the opportunities and risks inherent in decentralized finance.
Tag: Business
Crypto News Today: $123M Laundering Ring, Coinbase Account Freezes, and Saylor’s Bitcoin Hint
A roundup of today’s top crypto news: Australian authorities crack down on a massive crypto laundering operation, Coinbase addresses account freezing issues, and Michael Saylor teases another Bitcoin purchase.
Tether’s Bold Move: Open-Sourcing Bitcoin Mining OS to Decentralize the Network
Tether announces plans to open-source its Bitcoin Mining OS (MOS), potentially democratizing access to mining and reducing reliance on expensive vendors.
Nasdaq’s Netcapital Acquires Mixie: A Bridge Between TradFi and Web3?
Netcapital, a Nasdaq-listed fintech firm, has acquired crypto-native protocol Mixie, signaling a convergence of traditional and decentralized finance. This move highlights the increasing M&A activity in the crypto space.
Singapore’s Crypto Crackdown: No Easy Escape for Unlicensed Firms
Singapore’s recent directive for unlicensed crypto firms to cease serving overseas customers signals a tightening regulatory environment globally, making it harder for companies to avoid compliance by relocating.