Crypto
Binance Helped US Gov. Recover $4.4M from North Korean Hackers
North Korean hackers stole more than $1.7 billion worth of crypto assets in 2022, up by 300% compared to the previous year.
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Crypto
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Crypto
Crypto
USDT’s Market Cap Hits New ATH at $83.25B While Other Stablecoins Shrink
As opposed to USDT, both USDC and BUSD saw their market caps shrink in May 2023.
Crypto
Multichain Says it Can’t Fix Ongoing Issues as It Is Unable to Contact CEO
Multichain’s team stated it is unable to resolve the current issues facing the protocol as it lacks the needed access and can’t contact its CEO to…
Policy
A New Retail Era for Crypto in Hong Kong
China’s semi-autonomous city state, Hong Kong, is implementing new crypto trading rules as of June 1st, kickstarting retail trading under a new regime.
Crypto
Crypto Startup Magic Raises $52M in Round Led by PayPal Ventures
Wallet-as-a-service providers such as Magic aim to simplify the onboarding process to drive Web3 adoption.
Crypto
El Salvador Appoints Bitcoin Standard Author as Economic Adviser
El Salvador's National Bitcoin Office was opened last year to oversee all the country's projects related to Bitcoin.
NFTs
BRC-721E Enables Transfer of NFTs from Ethereum to the Bitcoin Blockchain
Bitcoin and Ethereum shake hands with a new BRC-721E token standard.
Crypto
Tether Taps Uruguay’s Renewable Energy to Mine Bitcoin
Uruguay generates 98% of its electricity through renewable energy sources.
Crypto
C. Africa to Allow Foreign Investment in Natural Resources with Bitcoin
With the new law, the CAR seek to attract foreign investors who wish to capitalize on the country's "mining, agricultural, and forestry assets."
Policy
Blocking Crypto Mining Tax “One of the Victories” in Debt Deal: Congressman
The US debt deal has scrapped a crypto tax rule that called for a whopping 30% tax on the electricity used by miners.
Policy
Bali Governor Warns Tourists to Stop Using Crypto for Payments
The governor of Indonesia’s top tourist province, Bali, made it known that crypto users are not welcome.
Crypto
Russia to Halt Development of State-Owned Crypto Platform
Local sources stated that Russia plans to halt the development of its state-owned crypto platform.
Crypto
BKEX Halts Withdrawals Amid Money Laundering Investigation
BKEX said it is working with police to collect information about the funds involved.