Author: 1to90

Bitcoin Suddenly Braced For $6.6 Trillion Fed Price Flip  Forbes
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   Professorial Fellow, University of Canberra     <br><span>Michelle Grattan does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.</span><br><a class="logo" href="/institutions/university-of-canberra-865"><picture><source srcset="https://images.theconversation.com/partners/286/logos/logo-1601008442.png?ixlib=rb-4.1.0&q=45&auto=format&w=170&h=170" media="(min-width:600px)"></source><img alt="University of Canberra" src="data:image/gif;base64,R0lGODlhAQABAAD/ACwAAAAAAQABAAACADs%3D" /></picture></a><br><a href="https://theconversation.com/institutions/university-of-canberra-865">University of Canberra</a> provides funding as a member of The Conversation AU.<br><a href="/us/partners">View all partners</a><br><a href="https://doi.org/10.64628/AA.rkncp6f9u">https://doi.org/10.64628/AA.rkncp6f9u</a><br>Share article<br>Print article<br>Home Affairs Minister Tony Burke on Thursday will outline new powers to combat money laundering,  terrorism financing and crime risks associated with cryptocurrency and Crypto ATMs.<br>AUSTRAC, Australia’s anti-money laundering and counter-terrorism financing regulator, estimates 85% of the transactions sent by  the top users of  Crypto ATMs comes from the proceeds of scams or money-mule activity.<br>It has found that where victims are stopped from  transactions by  other financial institutions,  the criminals then move to Crypto ATMs (CATMs).<br>Almost all (99%) of CATM transactions are estimated to be cash deposits, which are high risk for money laundering, the government says.<br>Under amendments Burke will introduce, the AUSTRAC CEO will be given the power to restrict or prohibit high-risk products, services or delivery channels, including  Crypto ATMs.<br>There will also be new powers to disrupt the use of  mule accounts by money launderers. This is where criminals take over legitimate bank accounts, which they often buy or rent from from international students or other visa holders.<br>The Home Affairs Department’s Visa Entitlement  Verification Online Terms and Conditions will be changed to give financial institutions ongoing access  to visa information, so they can determine people’s residential status, thus helping close mule accounts.<br>Burke said: “There are significant money laundering, terrorism financing and serious crime risks associated with Crypto ATMs.<br>"Australia has the highest number of CATMs in the region, and the third highest in the world. Three years ago there were only 200 in operation, six years ago there were 23.” <br>In June AUSTRAC put the number of Crypto ATMs at more than 1800. <br>Burke said that under the changes, “if a bank suspects mule activity, they will be able to check visa-holder status and use this to inform decisions about whether the account is being used by criminals”. This was  “about equipping banks with the right information to help them manage risk, and prevent their accounts falling into the hands of criminals.”<br>AUSTRAC says on its website that its cryptocurrency taskforce had found “a hidden world of scams and dodgy dealings”.<br>It says the taskforce has refused to renew the registration of one crypto ATM provider; another has withdrawn registration, and a third has paused operation.<br>“In July, a joint law enforcement operation identified 90 victims of crimes including money mule activity and scams targeting older Australians. That same month, we introduced minimum standards for crypto ATM providers,” AUSTRAC says. <br>In June the AUSTRAC CEO Brendan Thomas said that people in the 60 to 70 age group were the most prolific users of Crypto ATMs in Australia. <br>“It is a huge concern that people in this demographic are over represented as customers using cash to purchase cryptocurrency and, as evidence suggests, that a large number of 60-70 year old users are victims of scam activity,” he said.<br>“Crypto can be a high risk investment, but people who consider and are willing to accept those risks may find them a convenient vehicle for investment. <br>"However, I would warn anybody who is asked to use one of these machines to send funds to someone to stop and think twice, as once your money is gone it is almost impossible for authorities to retrieve it.”<br>     Write an article and join a growing community of more than 212,700 academics and researchers from 5,331 institutions.   <br>     <a class="button" href="/become-an-author">Register now</a>   <br>       Copyright © 2010–2025, <a href="https://theconversation.com/us/who-we-are">The Conversation US, Inc.</a>     <br><br><a href="https://news.google.com/rss/articles/CBMixwFBVV95cUxNa2VjalRXOEdRaG5scnZwLVBuVUxrSU9nek5Tc0liUkhSWnZpbXY1SEFGaVljRFhyUEt2MllkSXA0bzFrLWVmWnpJN0RoaXR6eXFrclI4aVl6blNROGVVZjRCNjU4SzQ0YW1UVlNfb2VNbkRTRFp4bV9FMzRoay1yNGFMNFl6UHZSX1NPRXd3Ykxsb24yeEVrb2thV3lQa3NET19WY1JTNVJxVE92MGdKM1VLUUdPMUNldlo2TFpOVVlPR3NOYzg4?oc=5">source</a>

Serbia wants to track cryptocurrency transactions  Cryptopolitan
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Tributes have flooded in for the R&B and soul singer D’Angelo, who has died aged 51 after a pancreatic cancer diagnosis.
In a statement, his family wrote that the star, whose real name was Michael Eugene Archer, left behind a "legacy of extraordinarily moving music" and asked fans to celebrate “the gift of song that he has left for the world”.
The influential singer was known for pioneering neo-soul, a genre blending R&B with other types of music, including hip-hop and jazz.
His three albums won four Grammy Awards. The music video for his hit song Untitled (How Does It Feel) became notorious for its smouldering, single-shot performance, where D’Angelo appeared to be performing naked.
"The shining star of our family has dimmed his light for us in this life," his family said in a statement obtained by CBS News, the BBC’s US media partner.
Fellow musicians Beyoncé, Nile Rogers and Lauryn Hill were among those paying their respects.
Singer Beyoncé thanked D’Angelo for his music on her website. "You were the pioneer of neo-soul, and that changed and transformed rhythm and blues forever," she wrote. "We will never forget you."
Writing about his first meeting with D'Angelo, guitarist and producer Rogers recalled having encouraged the late star – who was then on the way up – to put out his material as it was "perfect".
"About a year later I heard one of those songs on the radio. It was genius and it was exactly what he had played for me," wrote Rogers. "I know… I still have the original cassette."
Singer and rapper Hill, who worked with D'Angelo at the start of his career, shared a similarly lengthy and personal reflection, saying his "beauty and talent were not of this world".
"You imaged a unity of strength and sensitivity in Black manhood to a generation that only saw itself as having to be one or the other," she wrote.
Fellow rappers Doja Cat and Missy Elliot also paid their respects, as well as singers Jill Scott and Jennifer Hudson.
"A true voice of soul and inspiration to many brilliant artists of our generation and generations to come," Doja Cat wrote on X.
"Rest Peacefully D'Angelo," posted Elliot, who was becoming one of hip-hop's biggest around the same time as the soul singer's rise in the late 1990s.
Scott posted: "I never met D'Angelo but I love him, respect him, admire his gift."
Hudson noted how "we lost a true original today". "D'Angelo, your voice will live on forever. Rest well, King!!!"
Tyler the Creator said his "musical DNA" was shaped by D'Angelo – "We are so lucky to have been alive to enjoy his art," he wrote.

D’Angelo began his career as a songwriter, and worked alongside big names in music like Lauryn Hill and The Roots.
He rose to fame in the 1990s with his debut album Brown Sugar. His song, Lady, from that album reached the number 10 spot on Billboard’s Hot 100 chart in 1996.
That song earned him multiple Grammy nominations and secured his spot on the music scene.
The son of a Pentecostal minister, D'Angelo was born in Richmond, Virginia, and taught himself to play piano when he was just three years old.
Throughout his adolescence, he performed locally in groups including Three of a Kind, Michael Archer and Precise, and Intelligent, Deadly but Unique (I.D.U.).
When he was 18, he won the amateur talent competition at Harlem's Apollo Theater for three consecutive weeks; and was quickly signed to a publishing deal with EMI.
He established himself as a commercial force with his 1995 debut album, also called Brown Sugar, and won two Grammys for the 2000 follow-up, Voodoo.
However, he subsequently struggled with alcoholism and nearly died in a car crash in 2005.
He returned to music in 2014 with Black Messiah – an album in the works for years – which he finished after watching the national unrest prompted by protests over the failure to convict police officers in the deaths of the unarmed black men Michael Brown and Eric Garner.
It went on to win the Grammy for best R&B album in February 2016.
Among those paying tribute was hip-hop legend DJ Premier, who produced D'Angelo's song Devil's Pie.
"Such a sad loss," he wrote on social media. "We have so many great times. Gonna miss you so much. Sleep Peacefully D' Love You KING."
The Voodoo album which was released in 2000 topped the US charts and in its most recent list of the greatest albums of all time, Rolling Stone magazine placed it at 28 – one place above The Beatles' White Album.
D'Angelo had been working in the studio on what would have been his fourth album with Raphael Saadiq.
The Australian pop star filed for divorce from Daniel Bernard in March, after three years of marriage.
Alastair won the senior title during the final on Sunday's programme.
Lincolnshire County Council has announced new headliners for the 2026 concerts at Lincoln Castle.
Global environmental activism by metal bands can be traced back to Black Sabbath, an academic says.
Chloe Marie Aston is left stranded after her van is stolen while she performs on her piano bike.
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By Jason Evans
Staff Reporter
jevans@thepccourier.com
PICKENS — A Pickens man is accused of fraud involving lottery tickets after an investigation by the South Carolina Law Enforcement Division.
SLED spokeswoman Renée Wunderlich said the South Carolina Education Lottery requested the investigation.
Charles Ray Seawright, 47, of Pickens, is charged with two counts of intent to defraud, counterfeit game tickets, she said.
Seawright was charged on Oct. 4.
A warrant alleges that on July 26, Seawright “with intent to defraud” unlawfully passed a quantity of stolen South Carolina Education Lottery
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