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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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US Treasury Sanctions Tornado Cash, Freezes Its Assets

Data Breach Today

Penalties for Anyone in US Jurisdiction Who Uses the Cryptocurrency Mixer The federal government today sanctioned Tornado Cash. The Department of Treasury ordered assets of the Ethereum blockchain cryptocurrency mixer to be frozen and says civil and potentially criminal penalties await anyone under U.S.

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On the Dangers of Cryptocurrencies and the Uselessness of Blockchain

Schneier on Security

Nothing in that letter is out of the ordinary, and is in line with what I wrote about blockchain in 2019. In response, Matthew Green has written —not really a rebuttal—but a “a general response to some of the more common spurious objections …people make to public blockchain systems.”

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How blockchain enables trust in water trading

IBM Big Data Hub

While there is no silver bullet to solve the challenges of the water market, blockchain technology has the capacity to partially solve these challenges by increasing trust, transparency of trading and validation of market participants. And blockchain only works with the buy-in and unanimous agreement of all participants, which creates trust.

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Illegal Content and the Blockchain

Schneier on Security

Now the content-delivery network Akamai has reported on a new method: a botnet that uses the Bitcoin blockchain ledger. Since the blockchain is globally accessible and hard to take down, the botnet’s operators appear to be safe. What if someone puts illegal material in the blockchain? That’s how the system works.

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Central Bank Digital Currency (CBDC) and blockchain enable the future of payments

IBM Big Data Hub

The financial world has been revolutionized by blockchain technology, which has enabled peer-to-peer transactions without the need for intermediaries. The introduction of Central Bank Digital Currency (CBDC) has added a new dimension to blockchain technology that transforms the future of payments for businesses and individuals.

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Blockchain Tracing: The U.S. Government’s Newest Tool to Combat Foreign Crime

Data Matters

Magistrate Judge Faruqui’s opinion is notable for three reasons: Magistrate Judge Faruqui is sending a clear signal that parties cannot expect to hide on the blockchain. Criminal enforcement of sanctions violations via blockchain transactions will follow the foundation laid by OFAC at the civil level. 2d 150, 156 (D.D.C.