AVAX plunges amidst suspicious whale transactions: What now?

AVAX plummeted by 10% due to massive shady whale transactions. Despite the sharp decline, the derivatives market showed a bullish inclination among traders. Avalanche [AVAX] has experienced The post AVAX plunges amidst suspicious whale transactions: What now? appeared first on AMBCrypto.

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Bitcoin Whales Making Suspicious Transactions — What Are Their Next Moves?

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South Korea sees sharp 2023 increase in suspicious crypto transactions

South Korean authorities have reported a notable increase in suspicious cryptocurrency transaction reports in 2023.

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Blockchain analysts detect $4.6m from Duelbits crypto heist

Blockchain security platform Cyvers has detected several suspicious transactions from the crypto casino site Duelbits, indicating a security breach. 

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This on-chain sleuth and his deep dive into misconceptions around FTX state that...

It's been two weeks since the Bahamas-based crypto exchange, FTX filed for bankruptcy. Along with the news of the bankruptcy came details about suspicious transactions.  In the aftermath of FTX’The post This on-chain sleuth and his deep dive into misconceptions around FTX state that... appeared first on AMBCrypto.

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FTX investigating suspicious $600 million withdrawal

FTX is investigating reports of suspicious transactions related to the withdrawal of hundreds of millions of dollars from the platform.

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OpenSea Addresses Rising NFT Scams with New Security Features to Protect Its Users

In the turn of a new event, OpenSea has decided to roll out new and dedicated security features to curb the rise of NFT scams and safeguard the interests of its users on the platform. With the new security feature, users don’t have to worry about suspicious NFT transactions.

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Researchers find security flaw in Rarible: Users could have lost all their NFTs

“A successful attack would have come from a malicious NFT within Rarible's marketplace, itself, where users are less suspicious and familiar with submitting transactions,” noted Check Point Research.

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Crypto.com pauses withdrawals due to ‘suspicious activity’

Dogecoin founder Billy Markus noticed a suspicious transaction pattern on Etherscan that prompted the company to halt all transactions for the time being.

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Crypto wallets tied to suspicious transactions will be blocked by Russian banks

Despite the fact that Russia was never overly friendly towards cryptocurrencies, the country still feels the negative effects of the crypto industry, such as money laundering, suspicious transactions, fraud and scams, and alike.

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U.S. Working with Allies to Make Foreign Crypto Exchanges Report Suspicious Transactions Amid Ransomware Crisis

The Biden administration is reportedly planning to ban companies from paying ransomware gangs

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Irish Police Investigate Massive Bitcoin Scam That Allegedly Stole Millions From High-Net-Worth Individuals

Irish police are on high alert due to the rising number of cases related to a bitcoin-related scam targeting high-net-worth people in the country. The situation has become worrisome because suspicious high-value transactions have already been noticed by authorities.

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Major banks implicated in the FinCen leak take a beating in the stock market

Banks cleared over $2 trillion in "suspicious" transactions. How did crypto fare in comparison?

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Banks failing to identify up to 90% of suspicious crypto transactions

CipherTrace believes financial institutions are failing to identify up to 90% of suspicious transactions related to crypto assets

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Interactive Brokers to Pay $38M in Settlement Over AML Lapses

Publicly traded brokerage firm Interactive Brokers has agreed to pay multi-million dollar penalties to the SEC, Finra and CFTC for failure to flag suspicious transactions and lapses in AML compliance.

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Another Sketchy Ethereum Transaction: User Pays $500k Fee to Send 3,200 ETH

Yesterday, the Ethereum blockchain saw two suspicious transactions: a single, unmarked address unknown by the crypto public sent two transactions both with a transaction fee of 10,668 ETH during a 16-hour time span.

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Binance Korea to Improve KYC/AML Framework With Coinfirm’s Compliance Solution

News has emerged regarding a strategic partnership between South Korean Chapter of Crypto exchange – Binance and Coinfirm. Coinfirm will assist Binance in flagging transactions that are deemed suspicious.

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DeFi Platform bZx Attacked Again, 2388 ETH Siphoned by Hacker

Decentralized Finance (DeFi) lending platform bZx has reportedly suffered another attack with the hacker making off with a profit of 2,378 ETH (about $645,000). bZx Hits Pause Following Suspected Attack In a tweet published on Tuesday (February 18, 2020), bZx acknowledged suspicious transactions involving flash loans.

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Russia’s Central Bank Proposes New Token Framework, but Labels Crypto Transactions ‘Suspicious’

Russia is looking at creating a regulatory distinction between asset tokenization and 'pure' cryptocurrencies.

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Russia’s Central Bank Proposes New Token Framework, But Labels Crypto Transactions ‘Suspicious’

Russia is looking at creating a regulatory distinction between asset tokenization and 'pure' cryptocurrencies.

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Ukraine Plans to Track Suspicious Crypto Transactions Above $1,200

Ukraine’s financial watchdog will track crypto transactions exceeding $1,200, according to the head of its Ministry of Finance.

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Tether Treasury lands in troubled waters as it accidentally prints 5 billion USDT followed by a subsequent burn

At 5. 34 PM UTC, Tether Treasury minted a massive amount of Tether, and the news spread like wildfire. Tether which was already speculated to carry out suspicious transactions was questioned for printing 5 billion USDT, an amount large enough to shake things for Bitcoin.

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Bitcoin worth $6 billion moved in 25 transactions on a single block

The Bitcoin community eagerly awaits the raging bull market; however, the pump in its price occurs under suspicious circumstances. Bitcoin Block Bot, which alerts the community of massive Bitcoin movements caught wind of a shady pattern.

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Bitfinex and Tether exchange massive funds as whales get busy

As the cryptocurrency market continues to evolve and volatility of prices takes center stage, several large transactions have been taking place as well. The Bitfinex-Tether episode concerned most users as the two were at the center of these suspicious transfers.

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Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies

On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies.

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Suspicious Bitcoin Cash Data Points to Volume Manipulation

By CCN: A single address has sent over 674,000 transactions on the Bitcoin Cash blockchain. The address was just created last month, on April 9th, and is one of a handful of addresses that account for the vast majority of transactions on the fourth-largest cryptocurrency’s blockchain.

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ERC20 & ERC721 tokens now supported on Bitfury’s blockchain analytics platform

CryptoNinjas Crystal, the blockchain analytics platform from Bitfury, which provides advanced analytics and data scraping to map suspicious transactions, has announced it now offers analytical support for ERC-20 and ERC-721 tokens.

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Following Expansions, Japanese Regulator Investigates Local Crypto Exchanges

Japan’s Financial Services Agency (FSA) is looking into two major cryptocurrency exchange platforms as part of an investigation. According to a report published by Reuters Japan on April 23, 2019, the investigation by the financial watchdog is connected to the legal compliance and customer protection standards of trading platforms Fisco Digital Asset Group (FDAG) and Huobi Japan, the Japanese subsidiary of Huobi Global.

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FinCEN Issues First-Ever Civil Penalty Against Bitcoin Exchange

The Financial Crimes Enforcement Network (FinCEN), a bureau within the U. S. Department of the Treasury, has imposed its first-ever penalty on a peer-to-peer crypto exchange for violating AML regulations, among other violations.

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‘Emotional’ Bitcoin Bulls are ‘Grasping At Straws’, Claims Bloomberg Analyst

A recent article in Bloomberg paints a less optimistic future of the crypto markets than you might typically find this week. Vildana Hajric reports that the GTI Global Strength Indicator of the Bloomberg Crypto Index, which tracks significant cryptos, has the same trends which led to its previous peak in January 2018.

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500€ Worth EST-Coins to Every New E-Resident of Estonia by piixpay.com

Estonian government-run e-Residency program has been a huge success so far. It’s a digital identity issued by the government, providing access to Estonia’s e-services and transparent business environment.

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Crypto Money Laundering Reports Spiked in Japan Last Year, Police Say

Reports of suspicious cryptocurrency transactions in Japan soared last year, but were a tiny fraction of the overall total.

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Crypto Money Laundering Cases in Japan Dramatically Shoots Up 10-Fold

Suspicious financial transactions filed by Japan-based cryptocurrency exchanges increased ten times over the previous year, according to the National Police Agency. The central enforcement body said Feb 28 that 7,096 out of the total 417,465 suspected money laundering cases mentioned the use of cryptocurrencies in 2018.

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South Korea Report: Major Exchanges Join Forces to Combat Money Laundering

Bithumb, Upbit, Korbit and Coinone have reportedly launched a self-regulatory initiative in order to track suspicious transactions related to crimes and money laundering

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Japanese Cryptocurrency Exchanges Reported 6,000 Suspicious Transactions

Cryptocurrency money laundering cases reported to the Japanese police grew 800% in the first ten months of the year.

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Suspect Crypto Transactions Rise in Japan But Still Just 1.7% of Total

Reported suspicious crypto transactions soared in the first 10 months of 2018, but fiat is still vastly more popular in money laundering.

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Tether New Banking Partner Deltec is Under Investigation for Receiving Suspicious Transactions

Tether and Deltec Bank & Trust has been together in the media frequently lately for the rumors of a new banking relationship. Only last week, Tether posted on Twitter to confirm the partnership, despite refraining from any type of comment for the weeks preceding it.

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Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 2018

Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018.

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Cryptos Gain Adoption Amid Venezuela’s Economic Turmoil

Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December.

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Bank Laundered $234 Billion in the Biggest Banking Scandal in Europe Since 2008

Denmark’s biggest bank has revealed in an internal investigation report that the vast majority of €200 billion ($234 billion) worth of transactions were “suspicious. ” Danske Bank does not further clarify,.

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$150B Money Laundering Probe of Danske Bank Implicates Citigroup and Deutsche Bank

U. S. law enforcement agencies have started their money laundering investigations of Danske Bank, Denmark’s largest bank, according to the Wall Street Journal. Citigroup and Deutsche Bank have been implicated.

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Cryptocurrency exchange Changelly admits it can steal users’ Monero (if it wanted to)

Government regulators haven’t made things easy for anonymous cryptocurrency projects.  Monero fans are complaining about being profiled by cryptocurrency exchanges, after Changelly was found to wield the ability to effectively “steal” cryptocurrency from customers.

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Controversial Ethereum Network Clog Exposed: Chinese Crypto Exchange at Fault

You may have noticed something recently, transactions on the Ethereum network have been oddly expensive. MyCrypto has chalked up this suspicious rise in transaction fees to a good-for-nothing exchange, essentially incentivizing its users to push out thousands of transactions onto the Ethereum network.

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Binance Halts Trading Operations Amidst Suspicious Transactions Being Reported

The trading services were likely stopped due to some potential issue with the function of the Syscoin blockchain network as Binance caters to 87% of trading volumes for the SYS coin. The post Binance Halts Trading Operations Amidst Suspicious Transactions Being Reported appeared first on CoinSpeaker.

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Suspicious BitHumb Hack Connected to BitBlender Dark Web Service

June 21, 2018 Diego Garcia, British Indian Ocean Territory (BIOT): Attorney Jonathan Levy predicts the $32 million in cryptocurrency reported hacked from Bithumb Exchange was laundered through Bitblender.

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South Korean banks suspected Coinrail transactions months before in Feb

In the latest update to the largest South Korean crypto stealing scandal valued at $37.28 million, media has unearthed evidence that banks had detected suspicious behavior at local exchanges. South Korea major trading center In terms of volume and number of exchanges, South Korean, is by far one of the largest trading centers of cryptocurrency […] The post South Korean banks suspected Coinrail transactions months before in Feb appeared first on ZyCrypto.

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Report: Suspicious Transactions at Korean Exchange Coinrail Months Before Hack

Following the announcement by South Korean crypto exchange Coinrail that it has been hacked, a local publication reported that some banks had identified suspicious transactions at the exchange and stopped providing services to company months before the incident.

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