Tracking

Law enforcement agencies make their best efforts to combat criminals performing drug transactions via the darknet. On August 24, the Indian Narcotics Control Bureau arrested a young man for buying ecstasy pills using Bitcoin.

The Russian intelligence agency has developed a new artificial intelligence (AI)-based system to track and de-anonymize Bitcoin (BTC) and other cryptocurrency transactions. Does it mean that privacy coins will lose their popularity?

On July 31, the architect of the infamous Twitter hack was arrested by the US police. It is a 17-year-old teenager from Florida with a good track record of other scams.

A programmer of Romanian origin named Silviu Balaci was sentenced to five years behind bars and a fine amounting to $250,000 for running the BitClub Network mining scam.

The distributed ledger technology (DLT) product authentication system patent filed by the United States e-commerce company Amazon has been approved by the US Patent and Trademark Office (USPTO). Their new platform aims to provide ‘digital trust’ to the product supply chain (SC).

Cryptocurrency companies and law enforcement agencies join forces to battle human trafficking. A new consortium of cryptocurrencies was launched in late April within the Anti-Human Trafficking Intelligence Initiative (ATII).

Since the launch of cryptocurrency and its underlying technology, blockchain, many were puzzled as to how it would revolutionize various sectors of the economy. Now, businessmen have found a new use case for blockchain technology in the sale of used mobile phones.

During the COVID-19 pandemic, the necessity to boost supply chain becomes critical, as shipment delays, especially if it concerns medical equipment, might cost someone’s life. Probably that is the reason for some organizations thinking blockchain technology could be the saviour of the ageing global supply chain infrastructure.

Many popular cryptocurrencies, including Bitcoin (BTC), have opened the week in the red and BTC has receded to a little bit over $7,000 after it touched $7,300 mark. However, the market prices are on the right track to rally.