MARK COLLINS & DEMETRIOS TSEAS Regulatory: South Korea’s National Pension Fund invests $20M in Coinbase shares: On Nov 16, National Pension Service (NPS), an entity that manages South Korea’s National Pension Fund (NPF) has reportedly bought nearly $20 million worth of Coinbase (COIN) shares in the third quarter, as cited by local outlet News1. The…
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Ciphertrace announces new defi-optimized tracing capabilities that allow financial investigators to reliably “follow the money” in Ethereum and will soon also be available in Tron and other EVM blockchains. By providing a choice of Last In, First Out (LIFO) or First In, First Out (FIFO) tracing, along with Ciphertrace’s auditable attribution, agents are empowered to…
Read more MARK COLLINS & DEMETRIOS TSEAS Regulatory: NYDFS issues new guidance regarding listing of virtual currencies: On Nov 15, the New York State Department of Financial Services (NYDFS) issued guidance, setting new heightened standards for virtual currency coin-listing and delisting, for all Virtual Currency (VC) business entities under “BitLicense”. VC Entities that had a previously approved…
Read more MARK COLLINS & DEMETRIOS TSEAS Regulatory JP Morgan’s customers can use JPM Coin to program their accounts and make payments automatically: On Nov 10, JP Morgan Chase reportedly allow their clients to program their accounts by setting conditions, enabling them to move funds to cover payments and margin calls via JPM Coin – a permissioned blockchain, that allow…
Read more Feedzai will leverage Mastercard’s Ciphertrace crypto intelligence solutions to reduce the risk of account-to-account fraud flowing into crypto exchanges Feedzai a financial crime and risk management solution, and Mastercard – a global technology company in the payments industry – are combining technologies to increase crypto fraud protection for hundreds of millions of consumers. Today, an…
Read more MARK COLLINS & DEMETRIOS TSEAS Regulatory FATF to provide countries with enhanced tools to more effectively freeze, seize and confiscate criminal property: During its fourth Plenary in Paris (Oct 25-27) the Plenary agreed on major amendments to the FATF Recommendations that will provide countries with enhanced tools to more effectively freeze, seize, and confiscate criminal property, both domestically…
Read more Included in Edition #1 of this magazine, an article on how to identify and manage VASP counterparty risk Our digital landscape is changing rapidly, with emerging tools like AI creating new opportunities, but also new risks. We’re at the forefront of many of these new technologies, and Mastercard is pleased to share the launch of…
Read more Just because something is called a crypto-scam or crypto fraud, does not automatically mean that it would be unique to crypto activity – or that it even touches cryptocurrency in some way.Crypto fraud must involve some on-chain movement, transactions on the blockchain. Any fraud occurrence that ends with stolen crypto or a crypto scam, but…
Read more Ciphertrace by Mastercard has launched version 3.0 of Inspector for Financial Investigations and Blockchain Forensics. Featuring a new, sleek user interface, it delivers powerful visualization and knowledgebase enhancements. Inspector 3.0 includes an Ethereum visualization tool that helps users see the movement of funds across addresses and their interactions with smart contracts. Investigators can filter searches…
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The Monero community posted notice of v15 (version number, not client version) — release version v0.18.0 — hard fork (HF) network upgrade on November 19, 2021. Known as “Fluorine Fermi,” based on Monero’s release naming convention, the network had meetings in March 2022 and reached a consensus on April 16, to target deployment of the…
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