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A statement by Mist Founder Yu Xian (Cos) has revealed a major real-world challenge in anti-money laundering (AML) in the crypto industry. After tracking Bitget hackers’ money-laundering activities for hours, Cos found that cross-chain bridges such as Chainflip are not necessarily taking no interception action—but rather their AML/KYT response speed may already be too slow to keep up with the pace of hackers’ automated laundering.
How complex are hackers’ laundering paths? 🔴 Step 1: Automated splitting of funds Quickly break stolen assets into many smaller amounts, increasing the difficulty of tracing and identification. 🔴 Step 2: Multi-chain cross-bridge transfers Use different cross-chain bridges to distribute and move funds across multiple blockchains. Once a route is blocked by risk controls or funds are reverted, they immediately switch to another route. 🔴 Step 3: Convert to Bitcoin Continuously transfer assets via various on-chain channels, and ultimately convert the funds into BTC, further increasing the complexity of tracking. 🔴 Step 4: CoinJoin coin-mixing Use the CoinJoin transaction mixing mechanism to obscure links between funds, making subsequent tracing and identification harder.
⚠️ What’s truly worth关注 is not just how hackers launder money, but the speed gap between attack and defense. When hackers use automation programs to quickly split assets and switch cross-chain routes, risk identification, address tagging, and manual coordination-based risk control systems may fail to complete responses in time. This also means that simply blocking funds via a single cross-chain bridge is no longer enough to deal with highly automated, cross-chain coordinated laundering.
Security competition in the crypto industry is shifting from purely technical defenses to a comprehensive contest involving on-chain intelligence, real-time monitoring, automated risk control, and cross-platform collaboration. In the future, what deserves real attention is not only whether projects can recover funds after a hack, but also whether—during the critical window when funds are moving across chains—they can promptly identify risks and take action. #以太坊三季度涨70.9% $BTC
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$RECALL GIVE ME GOLD CANDLE SPOT BUY 🟢 TARGET : 0.06+ 🟢🚀
$RECALL is holding the $0.045–$0.048 zone nicely, and price is now pushing around the upper side of the range. If buyers can keep this structure intact, I’m watching the move toward $0.060 first, with the chart showing a bigger upside area around $0.068. Still watching how price reacts here.
One thing that caught my eye is that Citigroup has once again raised its 12-month price target for Bitcoin. They have increased the figure from the previous $82,000 to $113,000. The target for Ethereum has also been raised to $3,028.
What I find interesting is that they are attributing this shift to factors like institutional demand, fund inflows into Bitcoin ETFs, and the recovery of the crypto market. However, it is important to keep in mind that the $113,000 figure is not a guaranteed outcome; it is simply Citigroup's current market estimate.
In short, while the target has indeed been raised, the ultimate question remains: how will the market actually perform?
Yes, Republicans in the US Senate have indeed introduced a new crypto tax bill, dubbed the ADAPT Act. Senator Steve Daines introduced it.
The bill calls for several major changes — such as tax breaks for purchases made with stablecoins, tax breaks for network fees under $10, and clear tax rules for mining and staking income. But it’s worth remembering that this is just a proposed bill. It would need to pass both the Senate and the House and be signed by the president to become law.
$AVAX 🟢🟢 AVAX is starting to look pretty interesting on the higher timeframe.
What caught my attention is that the bearish structure has already been invalidated, and price has also managed to reclaim an important resistance level. We broke above the highs of this roughly 4-month accumulation range, came back to retest that area, and now price is bouncing from it.
So for me, the next thing to watch is pretty simple: can AVAX actually hold above the grey zone and build acceptance there?
If that happens, I think the structure opens the door for a move toward $14.8. Still, I’d rather see that confirmation first than get ahead of the move.
#BTC 👇👇👇 Something about BTC’s Q3 performance caught my attention.
It’s reportedly shaping up to be the second-strongest Q3 in Bitcoin’s history. The last time we saw a Q3 this strong was back in 2017, and what happened afterward is obviously hard to ignore. Q4 went on to deliver a massive rally. But I don’t want to treat history like a guarantee. Markets love to rhyme, but they don’t always repeat.
Still, Q4 has historically been one of Bitcoin’s stronger quarters, and with this kind of Q3 behind us, I’m definitely watching closely to see whether the seasonal pattern shows up again.