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‘Pig Butchering’ Scams Remain Dangerous Threat in Crypto Markets, Chainalysis Report Says
While other types of illicit activity are growing, scams are the biggest issue, Wednesday's report from the analytics firm said.Source link
Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS
Banks that transact on permissionless blockchains face multiple risks, including money laundering and terrorism financing, the Basel Committee on Banking Supervision said.Source link
Cash-to-Crypto Industry Dominated by ATMs Is a Law-Enforcement Concern: TRM Labs
Since 2019, the cash-to-crypto industry—which is dominated by crypto ATMs—has processed at least $160 million in illicit volumes, according to a new study by blockchain analytics firm TRM Labs.Source link
Crypto Market Has Evolved in the Past Year, Canaccord Says
In the last 12 months, the digital assets industry has transitioned from a post-FTX recovery period back to a growth phase, the report said.Source link
Polymarket Bettors Miss Out on $270K Due to Pavel Durov’s Early Release
Bettors were fairly sure the Telegram CEO would be released in September. His release on Wednesday tossed the market on its head.Source link