Paris' $1,000 Bitcoin Street Mural Puzzle Has Been Solved

Francisco Memoria

A puzzle infused in a painting in a street mural in Paris that included a 0.26 BTC reward (worth about $1,000) in it has recently been solved, and the funds have been collected, along with a few public donations.

As CryptoGlobe covered artist Pascal Boyart created a modern interpretation of the famous Eugène Delacroix painting, Liberty Leading the People (La Liberté guidant le peuple in French), painted in 1830 during the French Revolution which toppled France’s monarchy.

In it, a 0.26 BTC reward was infused. As the artist himself revealed via the microblogging platform Twitter, the puzzle was solved less than a week after it was created.

In the painting, Boyart replaced armed 19th century revolutionaries with today’s Yellow Vest protestors, who have been fighting against France’s government for over two months over economic justice issues.

The exact solution to Boyart’s painting is set to be revealed in the future. Referring to an online image of the painting at the time, the artist noted that while it’s possible to get some clues out of it, to solve the puzzle it was necessary to “be physicaly [sic] in front of the mural.”

A twitter user named Antoine revealed he was the one who managed to “win this race.” He noted that his organization will soon publish the story and the details of how they managed to solve the puzzle.

While the puzzle itself represents the Yellow Vest movement, some have likened the protests’ character with bitcoin’s own origins. CryptoGlobe has recently reported on Max Keiser’s call for the protestors to convert their euros to BTC, moving away from the French banking system.

Chainalysis Launches Real-Time Suspicious Transaction Alerts for 15 Cryptocurrencies

Blockchain intelligence firm Chainalysis has introduced "suspicious cryptocurrency transaction alerts" in "Chainalysis Know Your Transaction (KYT)", its "real-time anti-money laundering (AML) compliance solution".

Chainalysis, which was founded in 2014 by Dr. Michael Gronager (the current Chief Executive Officer), Jan Moller (the current Chief Technology Officer), Jonathan Levin (the current Chief Operating Officer), is a company with two main products:

  • Chainalysis Reactor -- its investigation software suite
  • Chainalysis Kknow Your Transaction (KYT) -- its compliance software suite

Chainalysis KYT supports "real-time transaction screening"; "case management capabilities"; "enhanced due diligence"; and "KYT for token issuers".

In a press release published on its blog on Thursday (August 22), Chainalysis says that Chainalysis KYT's alerts are "designed to help cryptocurrency businesses and financial institutions mitigate exposure to regulatory and reputational risk by helping compliance teams focus on the most urgent activity and enforce compliance policies while better allocating resources."

John Dempsey, VP Product, Chainalysis, had this to say:

As lawmakers and regulators focus their attention on the industry, it is more critical than ever that cryptocurrency businesses demonstrate compliance best practices.

According to Chainalysis, this new feature results in alerts being generated "whenever a transfer involves a risky counterparty and crosses a value threshold." Alert levels (Severe, High, Medium, and Low) are "based on factors such as category, service, direct versus indirect exposure, direction of funds, and amount," and are available for all 15 cryptocurrencies that Chainalysis supports (including BTC, ETH, BCH, LTC, USDT, and DAI).

Michael Breu, Gemini's Chief Compliance Officer, also chose to comment on this announcement:

As a New York Trust company we are required to monitor transactions on and off our platform. Tools like KYT alerts, which provide real time and ongoing blockchain analysis, coupled with Gemini's own compliance policies, help us meet our regulatory obligations.

 

Featured Image Credit: Photo via Pixabay.com