Alexandrion Group, Romania’s market leader in the production and distribution of spirits and wines, and the country’s only single malt whisky producer, part of the Nawaf Salameh Family Office, continues its large-scale process of modernization and digitalization of its production facilities by putting into operation two fully automated bottling lines.
Wintermute said inflows across stablecoins, ETFs and digital asset treasuries have plateaued, leaving crypto liquidity recycling internally. Crypto market-maker Wintermute said the digital asset market’s current cycle is being driven by “recycled liquidity,” as inflows from its three primary funding sources have slowed. In a Wednesday blog post, Wintermute argued that liquidity remains the defining force behind every crypto cycle. The market maker said that while blockchain continues to be adopted, the flow of fresh capital has decelerated in recent months. The company pointed to stablecoins, exchange-traded funds (ETFs) and digital asset treasuries (DATs) as the three major conduits for crypto liquidity, warning that liquidity inflow in all three has reached a plateau. Read more
The EU’s near-approval of Chat Control reveals regulatory threats to encryption. Web3 risks centralizing surveillance unless privacy becomes foundational. Opinion by: Agata Ferreira, assistant professor at the Warsaw University of Technology Recently, Europe came alarmingly close to approving mass surveillance of private communication through the proposed Chat Control regulation. The proposal faced intense backlash from the community, as it would have obliged providers to scan all private messages. It was rejected only after Germany refused to support it. Just nine EU member states opposed the proposal, while 12 backed it and six remained undecided. Read more
When your crypto is stolen, a rapid and organized response is crucial to trace the funds and rebuild your digital security. Hackers can drain your crypto exchange account by gaining unauthorized access to your password or login credentials. This often happens through phishing links or malware that secretly steals your login credentials. Attackers may also exploit weak passwords, reused credentials from data breaches or SIM swaps to bypass two-factor authentication (2FA). Once they gain access, they transfer funds to anonymous wallets, often routing them through mixers or decentralized exchanges to hide their tracks. Read more
Coinbase said it had enhanced oversight and compliance testing after coding errors led to gaps in transaction monitoring between 2021 and 2022. Coinbase Europe Limited, the European affiliate of US crypto exchange Coinbase, has reached a 21.5 million euro ($24.7 million) settlement with the Central Bank of Ireland following technical failures in its transaction monitoring system between 2021 and 2022. In a Thursday blog post, Coinbase said the coding errors caused the exchange’s internal compliance software to only partially screen some transactions for suspicious activity. The company said it detected the issue through internal testing, fixed it within weeks, and later reviewed all affected transactions. Coinbase Europe ultimately filed around 2,700 suspicious transaction reports on transactions totaling about $15 million, out of the 185,000 transactions flagged during the review period. The company said that these filings did not confirm illicit activity, but were made as required under Irish Anti-Money Lau...