submitted by VB0783 to u/VB0783 [link] [comments]
It started with a $9,000 data software contract for the FBI in 2015.
But just five years later, Chainalysis is now the cryptocurrency-tracing equivalent of Palantir, the data analytics company flush with lucrative government software contracts. Chainalysis is, right now, doing millions of dollars worth of business each year with the U.S. government, dwarfing its competitors in the young industry of blockchain surveillance.
The company is by far Uncle Sam’s leading crypto analysis contractor by spending and has become the go-to firm for 10 federal agencies, departments and bureaus.
In short, the feds want to catch up on, and make sense of, the tangled transactional web of bitcoin and other cryptocurrencies to stop all sorts of crimes – and they’ll spend big to do it.
Federal agencies have spent at least $10 million ($10,690,706 to be precise) in American tax dollars on Chainalysis’ tools, services and training since 2015, when Chainalysis was founded, according to 82 records of federal procurement contracts reviewed by CoinDesk. Counting contracts with possible extensions, the company stands to take in more than $14 million.
No competing firm’s federal contracts match Chainalysis', and none are as prevalent across agencies. CipherTrace, led by CEO David Jevans, has made about $6 million through mostly research and development contracts; Elliptic, a British firm, has had only one contract worth $2,450 with the Internal Revenue Service, according to federal data.
Chainalysis’ contracts open a small but prescient window into the federal government’s nascent relationship with the cryptocurrencies some use to evade detection. Bitcoin is a pseudonymous system with inherent traceability – a network moving billions of dollars in value on a public ledger that anyone can track.
And though Chainalysis data show only 1.1 percent of bitcoin transactions were illicit in 2019, that proportion is growing: up 180 percent over the year before.
The U.S. government has responded in kind, raising its spending on Chainalysis every year, the data show. It paid the company over $5 million in 2019, a 20 percent increase from 2018 and a 22,558 percent increase from 2015, when the FBI and the Internal Revenue Service were Chainalysis’ only federal clients.
Nowadays, Chainalysis’ federal money comes from many corners: the Federal Bureau of Investigation, the Drug Enforcement Agency (DEA) and Immigration and Customs Enforcement (ICE), from financial regulators in the Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC) and Financial Crimes Enforcement Network (FinCEN), from the IRS, the Secret Service (USSS), the Transportation Security Administration (TSA) – even from the Department of the Air Force.
Most have signed six-figure deals with Chainalysis, although some agencies spend more than others. For instance, the TSA spent $40,000 on one contract in 2018 while the IRS, Chainalysis’s biggest federal partner spent $4.1 million over five years – $3.6 million of it since 2018, according to the data.
ICE, with $2.6 million in total contracts, holds the number two spot, and the FBI’s $2.4 million is third.
But the FBI plans to spend millions more in the next two years, and will overtake the IRS as the U.S. government's most prolific Chainalysis partner. On Dec. 18, 2019, it paid Chainalysis $377,500 for "Virtual Currency Tracing Tools," with an option to spend at least $3,628,775 through 2022.
By contrast, when Vice reported on Chainalysis’s government contracts in 2017, the fledgling New York firm had received $330,000 from the FBI, $88,000 from the IRS and $58,000 from ICE in its history.
There are some keywords listed in creq's post that I did not find in our AutoModerator configuration, such as "Wyden", which are not present in any version of our AutoModerator configuration that I looked at.
title: ["cake day", "cakeday", "any love", "some love", "breaking", "petition", "Manning", "Snowden", "NSA", "N.S.A.", "National Security Agency", "spying", "spies", "Spy agency", "Spy agencies", "مارتيخ ̷̴̐خ", "White House", "Obama", "0bama", "CIA", "FBI", "GCHQ", "DEA", "FCC", "Congress", "Supreme Court", "State Department", "State Dept", "Pentagon", "Assange", "Wojciech", "Braszczok", "Front page", "Comcast", "Time Warner", "TimeWarner", "AT&T", "Obamacare", "davidreiss666", "maxwellhill", "anutensil", "Bitcoin", "bitcoins", "dogecoin", "MtGox", "US government", "U.S. government", "federal judge", "legal reason", "Homeland", "Senator", "Senate", "Congress", "Appeals Court", "US Court", "EU Court", "U.S. Court", "E.U. Court", "Net Neutrality", "Net-Neutrality", "Federal Court", "the Court", "Reddit", "flappy", "CEO", "Startup", "ACLU", "Condoleezza"]
submitted by VegaWallet to CryptoICO [link] [comments]
Visit https://VegaWallet.com for more information
“VegaWallet aims to be a complete cryptocurrency platform. Our products and services will cover your journey into cryptocurrency every step of the way. We’ll make it easy to buy and trade, give you a safe place to store it, then provide options for spending it the way you want!” - Tarek Hajri CEO of VegaWallet
The Problems Facing Cryptocurrency
Exchange Problems - Services that offer the purchase of cryptocurrency tend to have extended wait times for new member activations, even longer wait times for an exchange, unheard of fees, and numerous security issues. Among these services there is a need for greater security implementation to protect users.
Applications -There are limited ways in which customers can spend their crypto assets in real-world applications. Most cryptocurrencies tend to sit in exchanges waiting to be extracted back to fiat currency once again, which in turn incurs more fees. Until now very little has been done to ensure the average person can take advantage of the opportunity.
The VegaWallet platform provides a complete solution. The project comes in several phases with answers to each problem mapped out along the way.
VegaWallet Platform - Our Wallet, Exchange and VegaPay provide a complete and secure solution to streamline a customer’s crypto journey. No other company offers a solution to identified problems as thorough and all encompassing as VegaWallet does. VegaWallet integrates the latest security technology and focuses on maintaining a clean user interface.
VegaPay and Point of Sale - An advanced payment gateway for paying with crypto anywhere and anytime, even at places or websites that do not yet accept cryptocurrency. This will be further supported by a Point of Sale Systems which will allow every business from small mom and pop shops to huge internet retailers to incorporate the use of cryptocurrency without any significant fees. Customers of these shops will even be able to buy cryptocurrency at check-out with traditional payment methods.
VGW Token (Based on ERC-20) - Our native VegaWallet Token allows for lower fees and faster transfer times. This technology combined with our advanced platform will allow effortless movement of cryptocurrency for customers to maximize opportunities and profit. The VGW token will also be the backbone of our Loyalty and Rewards Program and Point of Sale System.
PHASE ONE: THE VEGAWALLET EXCHANGE AND WALLET
"We all know good design makes good business. Our team actively listened to the cryptocurrency community during production and the result is stunning. We can guarantee you’ll love it. I know I do!” - Jacob Ballou Co-Founder
Main Focus of the VegaWallet Exchange
Full Integration with VegaWallet API’s and our VegaWallet Token for easy transfers
Fast and reliable exchange using formulas to ensure prices are updated by the second.
Purchase of Cryptocurrency with a credit card or bank transfer in conjunction with VegaWallet (Will require KYC verification to ensure all anti-terrorism and money laundering guidelines are followed.)
Security is the key to the project, new security features will be introduced in phases.
Advanced options for market and limit orders with historical price tracking.
The VegaWallet exchange will continue to introduce more coin pairings each business quarter to increase total exchange liquidity.
VegaWallet Digital Asset Wallet
Our platform allows our users to hold, send, and receive digital assets securely. Clients remain in complete control of their assets knowing they are protected. Our software and integrated API’s provide our clients’ options to manage private keys safely and set various procedures to help remove points of failure. Different from traditional banks or other digital asset wallets we do not hold custody of user funds, meaning users have full control over their accounts at all time.
VegaWallet’s Advanced Security Features
Multi Signature P2SH -(P2SH) Otherwise known as pay--to--script--hash addresses require multiple private keys to transact. This technology is popularly referred to as “Multi-Signature Implementation.” This process eliminates single points of failure by ensuring all keys are stored on separate devices. If a malicious attack were to affect one point of entry the other point of entry would still be needed to gain access. The easiest way to understand P2SH is to compare it to a safe that requires two keys with a third key
HD (BIP32) Financial Privacy - BIP-32 is a Bitcoin Protocol where multiple addresses for Bitcoin are derived from a single source seed. Also referred to as an HD wallet (hierarchical deterministic). Our BitGo partnership allows for BIP-32 enhanced security and integration. This process implements a regular rotation of your public key. The rotation of public keys makes it very difficult for people to follow your transaction history on the public blockchain making it essentially impossible to target your wallet and information.
Biometric Authentication (In Phase 2 Update) -New generation smartphones use several forms of biometrics as substitutes to traditional pin passwords. These same authenticators will be used in an update to VegaWallet. Biometric technology will allow users to verify log-in or outgoing transactions by using fingerprint or iris scanning.
Google 2FA & SMS Authentication - Google Authenticator 2FA is a software token that implements two-step verification by using a time-sensitive One-time Password (OTP) and HMAC-based OTP Algorithm. These processes help to authenticate users of mobile applications by Google.
PHASE TWO: The VegaWallet Point of sale and VegaPay
POINT OF SALE SYSTEM
The Business Edition of VegaWallet in Phase Two of our project will receive an update allowing it to become a Point of Sale (POS) System. The POS System will be controlled and editable through the company dashboard. This will allow companies to use our wallet to accept cryptocurrency, cash and credit in real time for retail and service purposes. Customers of companies using our platform will also be able to purchase cryptocurrency through their point of sale system using traditional payment methods such as cash or credit card. This process will be as easy to complete as purchasing a gift card currently is. Customers wishing to do so must have a KYC verified VegaWallet account.
Our platform will serve as a branch for society to integrate cryptocurrency by remaining usable in everyday situations. This would be accomplished by allowing you to instantly pay your bills or buy your cup of coffee with your stored funds. It will also work internationally for individuals and companies to transfer funds instantly without the need for banks or prolonged wait times. This technology will bring financial stability and banking to places where traditional institutions do not reach. VegaWallet’s platforms will help to connect the globe in a secure and timely manner.
VegaWallet Rewards and loyalty program
VegaWallet’s Point of Sale will be offering a rewards system based on the VGW token. Retailers will have the option to sign-up in account settings to provide this program. With each purchase made through our system, they will have the ability to send VGW tokens instead of using a traditional rewards platform.
Loyalty and rewards programs help to retain customers and provide an essential marketing tool in today’s world. However, most of these programs can cost thousands of dollars to implement making them out of reach for most small retailers.
Vegapay - Mobile Payment Solution
VegaWallet aims to implement the use of cryptocurrency on a large scale with the creation of our new platform while also integrating the use into existingtechnology. Most cryptocurrency and blockchain companies in today’s world are focusing on creating cryptocurrency backed credit and debit cards. The use of a card is not needed when transactions take place in the most modern point of sale systems with “Mobile Pay” applications.
VegaWallet will introduce “VegaPay” at the end of phase two development. VegaPay, when activated, will verify the transaction and immediately use the VegaWallet exchange to trade the correct amount of cryptocurrency in your wallet account to fiat to pay at any locations that do not yet accept cryptocurrency. The funds will then be sent to the terminal using Near Field Communication (NFC) integration.
For use in lack of physical presence of the payment terminal, VegaPay will create a one-time use credit card number for entrance through the phone or online. This unique number can be treated as a gift card and will be backed by all security protocols offered for the entirety of our platform. VegaPay will use the one-time code instead of providing a permanent number for increasing account security and reducing fraud or hacking attempts related to VegaWallet services.
VEGAPAY PROCEDURE BREAKDOWN LISTED IN WHITE PAPER
The VegaWallet VGW Token
Ethereum Network Protocol ERC-20
Total Token Supply 200,000,000
Total Public Sale Supply 120,000,000
Public Sale Introduction Price 1 Ethereum = 1800 VGW
Launch Price 1 Ethereum = 1250 VGW
Development Fund Breakdown 40% Development / 30% Marketing 10% Payroll / 10% Security / 5% Legal / 5% Other
Our Leadership Team (View Full Team and Bios in White Paper)
Tarek Hajri - https://www.linkedin.com/in/tarek-hajri-9b79326/
Jacob Ballou - https://www.linkedin.com/in/jacob-ballou-993a61162/
Dea Belazi - https://www.linkedin.com/in/dea01/
Bill Oldham - https://www.linkedin.com/in/oldhambill/
AscellaHealth - https://AscellaHealth.com
Arthur Hayes, chief executive officer of bitcoin derivatives exchange Bitmex, is stepping down from his position a week after U.S. prosecutors filed criminal charges against him. Der Bitcoin Code erkennt in 0,01 Sekunden, wie sich der Kurs einer Kryptowährung verändern wird. Zeitgleich mit dieser Erkenntnis reagiert der Bot und kauft oder verkauft die jeweilige Position. Die Genauigkeit ist dabei sehr hoch, was die Gewinnwahrscheinlichkeit rasant steigen lässt. Nach unseren Erfahrungen mit dieser Plattform können wir sagen, dass der Bot tatsächlich zu ... Wie funktioniert die Bitcoin Code App? Für alle Finanzmärkte gelten komplexe mathematische Strukturen. Für die Anleger bedeutet das, dass es unmöglich ist, sämtliche möglichen Wahrscheinlichkeitsrechnung in ihre Handelsentscheidungen einfließen zu lassen.Sie müssen sich also diverse Statistiken und Charts zu Hilfe nehmen, welche ihnen beispielsweise der eigene Broker zur Verfügung stellt. The Bitcoin Code Software. Welcome to the Official Bitcoin Code website. Buy and Trade Bitcoin with The Bitcoin Code. Automated Trading and Signals. DEA Special Agent Patrick O’Kain spoke at the LA Blockchain Summit on Bitcoin and crypto exchange compliance, the charges laid against Bitmex by the CFTC, and the role of government agencies in policing the digital asset and blockchain space.. The United States Drug Enforcement Administration (DEA) Special Agent Patrick O’Kain discussed how government agencies approach cryptocurrency ...
[index]          
-------------------------------------------------------------------------------- Download: https://anonfiles.com/j4m326Lco7 -------------------------------... Bitcoin profit betrug, bitcoin code - http://eonardodicapriobr.com/bitcoinprofit Bitcoin profit erfahrungen Das elektronische Währungssystem gibt es nun scho... Le CEO de Twitter Jack Dorsey montre la voie aux autres institutionnels en achetant cash 50 millions de dollars en Bitcoin. Ce n'est ni le premier ni le dern... Bitcoin Code Betrug - Betroffene bitte melden! Wir wurden von der SWR Redaktion zum Thema Bitcoin Code angeschrieben. Wir warnen bereits seit Monaten vor die... Bitcoin Code Betrug - Ich analysiere das System? Betrug!? Den Artikel passend zum Video findest du unter: https://www.krypto-magazin.de/bitcoin-code-betrug/ ...