The year 2022 was one of the most tumultuous in the cryptocurrency industry’s brief history. It was a record year for another reason, too, as illicit crypto transactions hit a second consecutive all-time high, reaching $20.6 billion, compared to the sector’s previous high of $18.1...
Lloyd’s of London, the insurance firm, is supporting a new policy that protects digital currency held in digital wallets from hackers, Coindesk reported on Monday (March 2). The policy is reportedly a new insurance type that has a limit that changes with the price fluctuations...
March 14, 2023
The year 2022 was one of the most tumultuous in the cryptocurrency industry’s brief history. It was a record year for another reason, too, as illicit crypto transactions hit a second consecutive all-time high, reaching $20.6 billion, compared to the sector’s previous high of $18.1 billion in 2021. But it’s not all bad news, said […]
March 30, 2023
Wells Fargo has been fined $97.8 million for sanctions-related violations from 2010 to 2015. The bank reached settlements of $67.8 million with the Federal Reserve Board and $30 million with the Treasury Department’s Office of Foreign Asset Control (OFAC), the two regulators said in separate Thursday (March 30) announcements. Wells Fargo provided inadequate oversight of […]
March 02, 2020
Lloyd’s of London, the insurance firm, is supporting a new policy that protects digital currency held in digital wallets from hackers, Coindesk reported on Monday (March 2). The policy is...