On the other side of this pond, cybersecurity student Kai West, 20, has been charged in the Southern District of New York with a host of serious offenses. He is charged with conspiracy to commit computer intrusions, wire fraud, and selling Americans’ sensitive personal and corporate data. West, who many...
So Archetyp’s takedown, a major dark web marketplace reportedly bringing in a crisp €250 million, should feel like a win. Think again. Operation Deep Sentinel will use a data-driven approach to temporarily disrupt the flow of illegal drugs. This is a temporary trend, a small blip on the radar for...
Law enforcement agencies from six countries coordinated to shut down Archetyp. At the time, this dark web marketplace was the largest drug operation ever discovered. Europol and Eurojust supported an international operation that concluded several years of investigation into the platform. It was their platform that made possible the widespread...
Just like the takedown of Archetyp, one of the largest dark web marketplaces, it has sent shockwaves through the digital underground. With over 600,000 registered users and 17,000 listings, primarily for illicit drugs, the platform facilitated transactions totaling an estimated €250 million. Its closure, one of 11 facilities shuttered in...
Was eXch the victim of excessive regulation, or just a tool for bad actors? The truth, as usual, is likely a bit in the muddy middle. Their unexpected announcement to close on May 1st sent shockwaves through the crypto community. They cited an exercise “highly active transatlantic operation” as the...
The United States Senate recently convened a hearing on the growing universe of cryptocurrency. In doing so, they highlighted the desperate need for regulation in this emerging frontier. Here are some of the most important highlights that emerged through the conversations. They each noted the challenges, opportunities, and possible future...
The market of cryptocurrency day trading is a whirlwind, chaotic and always on the move. Quick reflexes, and even quicker algorithms. Thanks to new, advanced AI tools such as ChatGPT and Grok, traders are experiencing the most powerful insight and automation they’ve ever seen. Kwame Nkosi, a blockchain commentator, balances...
Let’s face it, the crypto community can’t resist an exciting hype train. Right now, the AI-powered trading locomotive is barreling down the tracks, with Grok and ChatGPT as its star conductors. Well before you decide to mortgage your home and give Uber all your assets, let’s slow down a moment...
You know, sometimes I feel like I'm watching a rerun of an old movie, only this time, it's playing out in the halls of Congress. The Senate Banking Committee’s recent hearing on the need for comprehensive crypto regulation. It was a bit like a Broadway show. Rather than earnestly seeking...
The recent Senate Banking Committee hearing on regulating the crypto space? If I’m being truthful, it was more like seeing a train wreck go down in slow motion. While senators debated the nuances of defining a digital asset – is it a security, a commodity, or something else entirely? –...
Forget about Wall Street, the exciting disruptor in crypto day trading is cooking up in the crowded streets of Southeast Asia. I'm not talking about hedge fund managers with Bloomberg terminals; I'm talking about the everyday person – the small business owner in Jakarta, the student in Kuala Lumpur, the...
The Senate Banking Committee met recently to discuss the rapidly growing, but highly confusing, world of crypto regulation. This upcoming meeting could not be more important at this moment in history. American consumers are losing billions to crypto scams as well, and the U.S. is lagging other countries in establishing...
You think you know stablecoins. Tether, USDC – the usual suspects. Big market caps, widespread adoption. Comforting, right? Wrong. As all eyes are on these titans, a more quiet revolution is in the making. Looking forward to seeing you there! This lack of attention is robbing you of big future...