As a researcher with a background in financial regulation, I find FINTRAC’s decision to impose a $4.4 million penalty on Binance for noncompliance with AML and CFT regulations a significant development. Binance, one of the largest cryptocurrency exchanges globally, failed to register as a foreign money services business and report digital currency transactions exceeding $10,000, … Read more
As an experienced cybersecurity analyst, I’ve seen my fair share of cryptocurrency scams and attacks. Based on the information provided in this article, it appears that we’re dealing with a classic case of address poisoning attack. The attacker managed to trick the victim into sending them $68 million worth of Wrapped Bitcoin by manipulating their … Read more
Arbitrum saw a daily active address number of over 400,000. This was the first time in history that it saw such a number. As a researcher with extensive experience in the cryptocurrency and blockchain industry, I find Arbitrum’s latest achievement of surpassing 400,000 daily active addresses to be an impressive feat. This is a significant … Read more
As an experienced analyst, I believe that despite the recent 1.85% drop in Bitcoin (BTC) price and its current position 17% below the all-time high, there are strong indicators suggesting a potential trend reversal toward new record highs. The price of Bitcoin (BTC) has decreased by 1.85% in the past 24 hours, and it now … Read more
As a researcher with experience in the cryptocurrency market, I find the recent allegations of market manipulation against Binance and DWF Labs to be a complex issue. While it is important to take media reports seriously, especially those published by reputable sources like The Wall Street Journal, I also believe that it is essential to … Read more
As a seasoned crypto investor with a background in finance and technology, I find the intersection of payments and investments through tokenization an exciting development. The potential to seamlessly blend these two aspects of financial transactions opens up new opportunities for yield generation and increased accessibility to various financial products. In the not too distant … Read more