Category Crypto

Kraken Adds USDCx Support On Canton Network

TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stablecoin backed 1:1 by USDC locked in Circle’s xReserve on Ethereum. Canton is a permissioned, privacy-enabled Layer-1 network built for…

Crypto Laundering Network Linked To Ransomware Dismantled

TL;DR Chainalysis says law enforcement has dismantled AudiA6, a crypto laundering network linked to ransomware and darknet activity. The firm says the network processed about 10,333 BTC since 2021, historically valued at roughly $389 million. Authorities arrested two suspected senior…