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AUSTRAC Halts 96 Cryptolink Crypto ATMs Over Compliance Risks

Key Takeaways Cryptolink cannot operate its 96 crypto ATMs for three months. AUSTRAC cited failures involving required transaction reports. The company already paid a fine and agreed to a compliance deal. Why Did AUSTRAC Shut Down Cryptolink’s 96 Crypto ATMs? Cryptolink’s 96 cryptocurrency automatic teller machines (CATMs), which allow customers to exchange cash for cryptocurrency,…

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ZachXBT Names Tiffany Milanovich in Alleged Wallet and Coinbase Theft Network

Milanovich’s connection to John Daghita turned hostile after she recorded him and shared the call. He retaliated by posting her name publicly. Prominent blockchain investigator ZachXBT identified Tiffany Milanovich as a US-based threat actor tied to at least $5 million in thefts through hardware wallet and centralized exchange support impersonation scams. He said Milanovich…

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Coinbase secures Abu Dhabi license for tokenized securities

Coinbase has secured Abu Dhabi regulatory approval to arrange investment deals and provide custody as it prepares an international hub for tokenized securities and onchain capital markets. Summary Coinbase has received Financial Services Permission from Abu Dhabi Global Market’s financial regulator. The authorization covers arranging investment deals and providing custody for tokenized securities. Eligible token…

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Fed rate hike debate grows with inflation above 2%

Chicago Fed President Austan Goolsbee has identified inflation above the Federal Reserve’s 2% target as the main U.S. economic problem while officials debate whether to raise rates from 3.50%–3.75%. Summary Goolsbee called inflation the economy’s biggest problem, while describing the labor market as stable but weak. The Fed held rates at 3.50%–3.75% in July, with…

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Is It Safe to Eat Lettuce Yet?

For a while it seemed like the diarrhea-inducing parasite cyclospora was everywhere. Confirmed and suspected cases number more than 22,000 across 15 states, with 517 people requiring hospitalization. Two people in Michigan died. But now, with signs that the outbreak is slowing down, experts say lettuce is probably safe to eat again. The reason? Most…

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