operator

Privacy security network Nillion announced a partnership with Bahraini telecom operator stc Bahrain to promote the development of privacy solutions in the Middle East

ChainCatcher news, the privacy security network Nillion announced a partnership with the Bahraini telecom operator stc Bahrain. This collaboration marks the deep integration of Nillion's blind computing privacy technology into real-world Web2 scenarios, aiming to promote the development of privacy solutions in the Middle East.In the first phase of the partnership, stc Bahrain will deploy nodes on Nillion's blind computing network PETnet. As a decentralized privacy platform, PETnet aims to utilize advanced privacy-enhancing technologies such as multi-party computation to ensure data storage security and the processing of private data. stc Bahrain, as the first telecom partner to operate nodes on the Nillion network, will bring greater decentralization and security to PETnet.Meanwhile, Nillion will join stc Bahrain's Web3 Launchpad program as a Pearling Path partner. stc Bahrain will leverage Nillion's blind computing network to develop scalable application cases. By combining Nillion's advanced secure computing solutions with stc Bahrain's robust telecom infrastructure and Bahrain's data embassy laws, Nillion aims to set new standards for high-value data management and protection for global users, including specific Web2 application scenarios.It is reported that as the first decentralized blind computing network, Nillion was founded by former Uber founding engineer Conrad Whelan, dedicated to achieving the storage, transmission, and processing of high-value sensitive data in an encrypted state throughout the entire process. Through its innovative Orchestration Layer, Nada language compiler, and dual-layer network architecture design, Nillion supports developers in easily building privacy applications without needing to understand privacy-enhancing technologies (PET), while also ensuring decentralization, thereby empowering the development of the privacy application ecosystem and providing strong support for data application ecosystems, AI, data markets, privacy DeFi, medical analytics, and other application scenarios.

The mixers Blender and Sinbad, along with three operators, have been accused of money laundering and operating remittance services without a license

According to ChainCatcher news reported by The Block, a federal grand jury in the Northern District of Georgia has indicted three Russian citizens for crimes related to operating two cryptocurrency mixers. According to a statement released by the U.S. Department of Justice, the defendants Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik, and Anton Vyachlavovich Tarasov are accused of running two mixing companies named Blender.io and Sinbad.io. They are charged with conspiracy to launder money and operating an unlicensed money transmitting business.In May 2022, the U.S. discovered that North Korean hackers used Blender to launder $20.5 million from the $600 million Axie Infinity hack, leading to sanctions against Blender. Blockchain analytics firm Elliptic pointed out in 2023 that Sinbad is likely a rebranded version of Blender, operated by the same organization. Blender maintained a "no-logs policy" and deleted user transaction details.The company operated from 2018 until 2022, with its successor Sinbad emerging a few months after Blender's shutdown. On November 27, 2023, law enforcement took action to shut down Sinbad. If convicted, the defendants could face up to 20 years in prison for money laundering and up to 5 years for operating an unlicensed money transmitting business. Ostapenko and Oleynik were arrested on December 1, 2024. Tarasov remains at large.
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