Whale Alert Teams Up With BitcoinAbuse to Fight Crypto Crime

Whale Alert and BitcoinAbuse are teaming up to fight crypto crimes together. Fighting scammers On Sept. 3, Whale Alert, a service dedicated to tracking large cryptocurrency transactions, announced that it will start collaborating with BitcoinAbuse to better fight cryptocurrency-related crimes. BitcoinAbuse is a public database of Bitcoin (BTC) addresses used by hackers and criminals. Whale…

Lithuania to Regulate Cryptocurrency Exchange Sector With Obligatory ID Checks

Lithuania is preparing new rules to govern cryptocurrency transactions, requiring businesses to prove the identity of clients, local daily news outlet Delfi reported on June 12. As part of its obligations to impose European Union anti-money laundering (AML) regulations, Lithuania’s finance ministry will seek to completely formalize crypto-based exchange operations. Parliament approved the move during a sitting on Wednesday, Delfi says, while…