The CEO of OKX says that “false positives” are among the biggest challenges the crypto exchange faces in ensuring global compliance. Read More at https://cointelegraph.com/news/okx-ceo-star-xu-apology-false-positives-user-compliance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
‘Small possibility’ $8.6B Bitcoin transfer was a hack: Coinbase exec
The Coinbase executive says he is “speculating on straws,” but if it is true, it would be “by far the largest heist in human history.” Read More at https://cointelegraph.com/news/bitcoin-whale-transfer-hack-possibility-coinbase-exec-speculates?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin treasury playbook faces ‘far shorter lifespan’ — Analyst
Crypto analyst James Check says the Bitcoin treasury strategy is getting to the point where new firms will find it hard to gain momentum “without a serious niche.” Read More at https://cointelegraph.com/news/bitcoin-treasury-strategy-plan-limited-lifespan-forecast-crypto-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price falls to $107K despite $1B spot BTC ETF inflow — What’s behind the move?
Bitcoin’s pullback reflects the market’s anxiety about the US economy and dormant BTC wallets shifting billions worth of BTC. Read More at https://cointelegraph.com/news/bitcoin-price-falls-to-dollar107k-despite-dollar1b-btc-etf-inflow?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Brazil’s central bank service provider hacked, $140M stolen
The theft occurred after the hackers allegedly compromised an employee of C&M, a software service provider, by buying the employee’s login credentials. Read More at https://cointelegraph.com/news/brazil-central-bank-service-provider-hacked-140-million?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Sweden’s justice minister says to ‘turn up the pressure’ on crypto seizures
Gunnar Strömmer reportedly said that Swedish authorities had confiscated more than $8.3 million worth of criminal profits since a law related to seizures was passed in 2024. Read More at https://cointelegraph.com/news/sweden-pressure-crypto-confiscated?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Biz: Peter Thiel eyes the SVB throne
Peter Thiel and other billionaires are planning Erebor, a new bank to fill the void left by Silicon Valley Bank’s collapse — with crypto firms and startups in focus. Read More at https://cointelegraph.com/news/peter-thiel-erebor-bank-svb-collapse-crypto-startups?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound