Crypto news

Members of a local police force in the state of Connecticut have helped a theft victim recover roughly $23,000 in stolen crypto funds. Police Are on the Case! The money was deposited under false pretenses to several nearby bitcoin ATMs after a complaint was filed in September of last year. The victim had allegedly been scammed into depositing the money into various machines around the state, and the case was noted by the Milford Police Department. It was stated that more...

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The digital asset markets have been shaky in the past year, but the blockchain sector continues to scale as demand intensifies from both crypto-native as well as traditional institutions eyeing to leverage the space. Decentralized smart contracts platform Injective is the latest to announce a new $150 million ecosystem initiative to spur the adoption of interoperable infrastructure and DeFi. Leading the charge is a consortium of prominent Web3 players such as Pantera Capital,...

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Coinbase – one of the largest and most popular digital currency exchanges in the world – has announced it will pay roughly $50 million in settlement fees to New York regulators for allegedly failing to comply with the Empire State’s anti-money laundering laws. Coinbase Allegedly Did Not Comply with Anti-Money Laundering Laws Regulators say that Coinbase has several older accounts that it hasn’t bothered to apply anti-money laundering laws to. There have been several...

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