Month: August 2022

Dutch authorities on Friday announced the arrest of a software developer in Amsterdam who is alleged to be working for Tornado Cash, days after the U.S. sanctioned the decentralized crypto mixing service. The 29-year-old individual is “suspected of involvement in concealing criminal financial flows and facilitating money laundering” through the service, the Dutch Fiscal Information
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The government of Uzbekistan, which has previously made significant steps toward a moderate approach to crypto, announced Wednesday that it has restricted access to a number of large international crypto exchanges due to accusations of unlicensed activity.  In a statement from Aug. 10, the National Agency of Perspective Projects (NAPP) projects informed that “various electronic
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The US on Friday adopted new export controls on technologies that support the production of advanced semiconductors and gas turbine engines that it said are critical to its national security. The “emerging and foundational technologies” covered by the move include gallium oxide and diamond, because “devices that utilize these materials have significantly increased military potential,” the
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A pair of reports from cybersecurity firms SEKOIA and Trend Micro sheds light on a new campaign undertaken by a Chinese threat actor named Lucky Mouse that involves leveraging a trojanized version of a cross-platform messaging app to backdoor systems. Infection chains leverage a chat application called MiMi, with its installer files compromised to download
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The Ethereum Merge may be coming sooner than planned, after core developers announced a tentative Merge date of Sept. 15, which will see the blockchain transition to Proof-of-Stake. The Ethereum mainnet Merge date came into view after core developers such as Tim Beiko and Prysmatic Labs co-founder Terence Tsao agreed in an Aug. 11 developer
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