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Cross-Chain Bridges: The New Money Laundering Hot Spot For Crypto Criminals
Tuesday, September 19, 2023 - 5:47pm | 593With criminals constantly adapting their tactics to stay ahead of law enforcement, a new report highlighted a significant shift in the methods used by bad actors to launder illicit crypto assets. The study, by crypto analytics firm Elliptic, revealed the value of illicit crypto...
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Crypto Game-Changer: Send Money For Free Across Ethereum And Solana
Tuesday, May 30, 2023 - 2:30pm | 489In a significant advancement for cryptocurrency enthusiasts, Key App rolled out a feature that facilitates the seamless transfer of tokens between the Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) networks. In an effort to address the prevalent issues of hefty Ethereum gas fees, the app...
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DeFi A Grave Threat To US Security: Treasury Department Points To Two Huge Risks
Thursday, April 6, 2023 - 2:38pm | 489Decentralized finance (DeFi) services are increasingly becoming a national security concern in the U.S. due to their vulnerability to large-scale thefts and cyberattacks, according to the U.S. Department of the Treasury. A combination of factors, including the aggregation of funds, lack of...