The Australian Transaction Reports and Analysis Centre (AUSTRAC) is taking strong steps to address the rising instances of money laundering and terrorist financing associated with cryptocurrency ATMs. This vividly highlights the challenges that regulatory bodies face in balancing innovation with security in the burgeoning world of digital currencies. With around 1,200 crypto ATMs currently in
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In the rapidly evolving landscape of cryptocurrency, few voices resonate as profoundly as that of Semilore Faleti. His journey from a general writer to a leading figure in cryptocurrency journalism showcases not just a deep understanding of complex topics but also a unique ability to communicate these intricacies to a diverse audience. Semilore’s expertise in
In recent weeks, Ethereum (ETH) has garnered considerable attention as it pushed through to a new yearly high of $4,096, showcasing not only its resilience but also its potential to reclaim its previous glory. This breakout above the earlier high set in March, by a mere $3, resonates with the narrative of digital currencies rebounding
The world of cryptocurrency has long been marked by volatility and speculation, particularly surrounding Bitcoin, the leading digital currency. As investors and analysts attempt to navigate this digital sea, projections serve as critical guideposts. Recently, crypto analyst Tony Severino has drawn attention with a forecast that suggests the Bitcoin bull market may peak as early
Ethereum’s recent price fluctuations highlight a critical juncture in its trading trajectory, especially as it encounters persistent challenges with the $4,000 resistance level. Following a decline of about 3% that took the Ethereum price to approximately $3,850 on Monday, analysts and traders are cautiously eyeing the trend. This dip comes during a pivotal week for
In recent weeks, Coinbase, one of the largest cryptocurrency exchanges, has faced scrutiny over an increase in account restrictions. In a statement released on December 8, the company attributed these limitations to a surge in fraudulent activities following the U.S. presidential election. As cryptocurrency platforms are often targets for fraud, Coinbase described this reaction as
As December ushers in holiday cheer, it also brings anticipation among Bitcoin investors. Traditionally, this month tends to coincide with upward trends in equities and cryptocurrencies, making it an opportune time for enthusiasts to consider purchases. This article will delve into the key factors that could influence Bitcoin’s price trajectory as we head toward the
Over the past year, the Non-Fungible Token (NFT) market has been defined by its volatility, highlighting the complexities of digital asset trading amidst rapid technological advancement. Nine months earlier, the market experienced an unprecedented peak with trading volume hitting approximately $2 billion. However, this boom was followed by a steep decline that left many investors
The burgeoning cryptocurrency market in India has recently found itself under a glaring spotlight following the announcement of a significant case of tax evasion involving multiple cryptocurrency exchanges. With substantial sums of money involved, the probe initiated by the Goods and Services Tax (GST) authorities points towards systemic issues within the crypto regulation framework in
In November, the BNB Chain witnessed an unprecedented spike in Sandwich attacks, with a staggering 35.5% of its blocks being compromised. This alarming statistic reveals a troubling escalation in the prevalence of such malicious activities on blockchain networks. Sandwich attacks, a form of front-running technique associated with Miner Extractable Value (MEV), have emerged as a