USA

Twitter attackers have been laundering stolen funds via gambling websites and peer-to-peer marketplaces, leaving a handle that links them to one of North Korea’s hacker groups.

To mark the occasion of reducing the KYC requirements, KickEX exchange is organising a mass trading contest with prizes for 100 the most active traders, starting 21st of July.

The United States Securities and Exchange Commission (SEC) has been showing hostility to the cryptocurrency businesses. While pressing hard on some projects including Telegram’s TON network and Bitcoin ETF proposals, the regulator fails to establish regulatory clarity within the industry.

The US Senate adopted new legislation allowing law enforcement agencies to access encrypted data. Such provisions would complicate the operation of the cryptocurrency industry within the country, forcing businesses to go offshore.

Texas Securities Commissioner has granted an injunction against Coinvaultpro over illegal and fraudulent crypto scheme bringing the total enforcement actions the state has now effected against crypto companies to 27.

Last month (May 25, 2020), a US white policeman Derek Chauvin killed a 46-year-old black man George Floyd from Minneapolis, Minnesota, after the victim was suspected of using a fake currency of $20 USD bill to purchase a cigarette at one of the shops in the area. If the digital payments services such as credit cards, mobile money, cryptocurrencies, Bitcoin, were in place, George wouldn’t have died.

China is promoting the construction of a free trade port in Hainan as a substitute for Hong Kong (HK).

Venezuela has been pressing different knobs to find the right answer to save its struggling crypto, the Petro.

Chinese e-commerce giant Alibaba has filed a patent for cross-chain technology that improves the connection between blockchains through domain names. The ‘unified domain name scheme’ has been approved by the United States Patent and Trademark Office (USPTO).