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Canadian regulator fines Binance $4.4M for AML and CFT violations

FINTRAC reported that Binance facilitated 5,902 separate transactions of $10,000 or more in crypto from June 2021 to July 2023 and failed to register with the regulator. Source link

Address poisoning attacker sends $153K ETH to victim and agrees to negotiate

The attacker who pulled off a $68 million address poisoning scam has posted two messages agreeing to negotiate with the victim. Source link

3 reasons why Bitcoin traders say a BTC price trend reversal is overdue

Bitcoin price data makes a strong argument for why the current price range is a buy-the-dip opportunity. Source link

‘Sic AI’s on each other’ to solve artificial intelligence threat: David Brin, author

Best-selling sci-fi author David Brin says AIs could be made to police each other under threat of losing blockchain-based registration. Source link

SEC doesn’t want Ethereum to transform banking landscape, says Joseph Lubin

Ethereum co-founder Joseph Lubin says the SEC is engaging in strategic enforcement action instead of engaging in meaningful discourse with the cryptocurrency industry. Source link

Bitcoin price buys time at $61K as US jobless claims hit 9-month highs

Bitcoin refuses to budge after the latest U.S. macro data, but a six-figure BTC price is waiting the wings, analysis claims. Source link

Despite Bitcoin price volatility, factors point to BTC’s long-term success

Bitcoin’s volatility persists after the halving, but surging ETF inflows and thriving L2 ecosystem growth fuel long-term optimism. Source link

Taiwan proposes tougher AML measures for crypto service providers

Taiwan’s Ministry of Justice proposed four amendments to the country’s AML regulations focused on cryptocurrency firms that plan to impose hefty penalties for noncompliance. Source link

Stablecoins on Bitcoin coming soon, says Lightning Labs CEO

Elizabeth Stark unpacked the basics of Bitcoin Lightning at FT Live’s Crypto summit and teased a new development on Bitcoin’s leading layer 2. Source link

EU seeks stakeholder opinion on adding crypto to 12T euro investment market

If approved, the EU’s UCITS funds would make way for crypto assets to gain exposure to a 12 trillion euro investment product market. Source link