The flurry of filings to list alternative cryptocurrency exchange-traded funds (ETFs) in the United States are “call options on a Trump victory” in the upcoming presidential elections, Eric Balchunas, an ETF analyst at Bloomberg Intelligence, said on Oct. 25. “If [former US president Donald] Trump wins […] he will definitely put in a more libertarian … Read more
Japanese authorities arrested a gang of 18 alleged scammers by analyzing Monero transactions for the first time in crypto history. Japanese authorities said they analyzed about 900 of the group’s Monero (XMR)-based money-laundering transactions, which totaled about 100 million yen ($670,000). Japanese authorities told local media outlet Nikkei that this marked the first time the … Read more
Asset manager Canary Capital has filed registration documents for a spot Litecoin (LTC) exchange-traded fund (ETF) with United States regulators, according to Oct. 15 documents. The filing is the latest in a proliferation of proposed ETFs holding alternative cryptocurrencies ahead of the US presidential election in November. Canary’s proposed ETF aims to hold spot LTC … Read more
An academic paper titled: “Reconciliation of Anti-Money Laundering Instruments and European Data Protection Requirements in Permissionless Blockchain Spaces” published in the Journal of Cybersecurity suggests that governments should target cryptocurrencies — especially privacy preserving chains — to combat money laundering. The author of the paper outlined several methods of undermining trust in permissionless blockchains including … Read more
Charlie Lee, the founder of Litecoin (LTC), made an appearance at this year’s Proof of Work Summit in Frankfurt, Germany, to contrast Litecoin’s privacy-enhancing features with the nearly inescapable transparency of the Bitcoin (BTC) network. Lee explained that the unspent transaction outputs (UTXOs), which underpin the Bitcoin ledger, carry a history of how the transactions … Read more
Crypto exchange Kraken will end its support for privacy token Monero in the European Economic Area (EEA). Kraken announced that it would stop trading and deposits for all Monero (XMR) markets in the EEA from Oct. 31, 2024. This includes the trading pairs with United States dollars, euro, Bitcoin (BTC) and Tether’s USDt (USDT). Kraken … Read more