News list for " aml"
On January 7, Bridgewater, the world's largest hedge fund, cut 7% of its workforce on Monday in an effort to keep the company's organizational structure lean and ensure it can hire top talent flexibly, according to a person familiar with the matter. The cuts affect about 90 employees. The company's current headcount has returned to 2023 levels and will continue to hire selectively, the person said. A spokesperson for Bridgewater said, "For the past three years, Bridgewater has focused on growing...
Coinbase CEO Brian Armstrong said on the X platform that anti-money laundering (AML) regulations are a failed policy that costs about $213 billion a year, harms legitimate consumers (as seen in multiple de-banking incidents), and according to the UN, only stops about 0.2% of illegal activity. This sounds like something the Department of Government Effectiveness (DOGE) should be dealing with.
Notabene, which provides anti-money laundering (AML) services to cryptocurrency companies, completed a $14.50 million Series B round led by DRW Venture Capital, with participation from Apollo, Nextblock, ParaFi Capital, Wintermute, CMT Digital, F-Prime, Green Visor Capital, Illuminate Financial, Jump Capital, Signature Ventures, and Y Combinator.
Vitalik Buterin, co-founder of Ethereum, said that the streamlined Instruction Set Architecture Compute V (RISC-V) is an important part of the Ethereum Virtual Machine (EVM). Buterin pointed out that the open-source Instruction Set Architecture is crucial in the existing roadmap for formal verification of proof of validity.
Aerodrome posted on the X platform that the Seamless Protocol contract is not currently attacked, and the deposited assets are not at risk. If you have any doubts, please wait for the official channel to provide a more comprehensive explanation.
According to a recent report by TRM Labs, crypto ATMs are more vulnerable to fraud and money laundering due to weak KYC and AML protocols, having handled at least $160 million in illicit funds since 2019 to date. In 2023 alone, the proportion of illegal transactions at crypto ATMs reached 1.2% of their total transaction volume, while the proportion of illegal transactions in the entire crypto ecosystem was only 0.63%. The report also revealed that more than $30 million of illicit funds in 2023 w...
Chain Abstraction, a new feature designed to make seamless transactions between networks easier, is live on mainnet, the NEAR Foundation announced on Thursday - a further sign of the growing number of projects working on the design concept of "chain abstraction". NEAR co-founder Illia Polosukhin personally promoted the project's blockchain abstraction roadmap, which aims to simplify the cryptocurrency user experience that exists due to the evolving multi-chain ecosystem.
On May 27th, Seamless, a base on-chain lending protocol, recently announced on the X platform that it has integrated Chainlink feed to help calculate the collateral ratio of its on-chain market.
5月27日消息，Base链上借贷协议Seamless近日在X平台宣布已集成Chainlink喂价，以帮助计算其链上市场的抵押品比率。
The DeFi lending protocol, Seamless Protocol, launched a lending marketplace for counterfeit products on Coinbase's Layer2 network Base. Base-based counterfeit products DEGEN and SEAM were the first two tokens supported by the platform.
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