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Cybercriminals Reportedly Created Blockchain Analytics Tool

Data Breach Today

Researchers Say the Tool Is Designed To Help Gangs Launder Bitcoin Cybercriminals have developed a blockchain analytics tool on the darknet that could help a gang launder illegally obtained bitcoin, and they are actively marketing it, according to the cryptocurrency analytics firm Elliptic.

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Coinbase Contracts With DHS for Blockchain Analytics

Data Breach Today

Department of Homeland Security to provide its blockchain monitoring software, according to government tracking sites. Crypto Exchange Also Scraps Plans for Lending Program Amid SEC Pushback U.S.-based based cryptocurrency exchange Coinbase has contracted with the U.S.

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New Anti Anti-Money Laundering Services for Crooks

Krebs on Security

“This service is dedicated to individuals that have the need to possess complete privacy on the blockchain, offering a perspective from the opponent’s point of view in order for the user to comprehend the possibility of his/her funds getting flagged down under autocratic illegal charges.”

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4 smart technologies modernizing sourcing strategy

IBM Big Data Hub

Blockchain Information is an invaluable business asset. Blockchain technology ensures that it’s stored, accessed and shared quickly, accurately and transparently. In sourcing strategy, blockchain technology helps track orders, payments, accounts and more. Try out cognitive intelligence free for 30-days.

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ISMG Editors: Cryptocurrency Special

Data Breach Today

Treasury's 2023 DeFi Illicit Finance Risk Assessment, the state of blockchain analytics and where it is headed, and traction for FinCEN's Financial Action Task Force Travel Rule.

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Bitcoin ATM Firms Seek to Shape Regulations

Data Breach Today

Sizing Up the Objectives of the Cryptocurrency Compliance Cooperative Bitcoin ATM operators and blockchain analytics firms that recently launched a "compliance cooperative" acknowledge one of their goals is to influence regulation of the sector.

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North Korea-linked Lazarus APT laundered over $900 million through cross-chain crime

Security Affairs

Researchers from blockchain analytics firm Elliptic reported that threat actors has already laundered a record $7 billion through cross-chain crime. The term “Cross-chain crime” is used to refer to the swapping of cryptoassets between different tokens or blockchains to launder illegally gained funds.