BlackRock aware that RWAs are ‘multitrillion-dollar opportunity’ — Kinto co-founder

After investigating, the FBI concluded that the hack of crypto gambling site Stake was carried out by North Korean hackers Lazarus Group. 72 Total views 2 Total shares The $41 million hack of crypto gambling site Stake was carried out by the North Korean Lazarus Group, the Federal Bureau of Investigation (FBI) stated in an

The issuer of cryptographic stablecoin Tether (USDT) announced it had found a new banking partner in a statement Nov. 1, confirming rumors it would use Bahamas-based Deltec Bank & Trust.Tether, which had suffered from mixed publicity after allegations it had parted ways with previous financial institution Noble Bank, also noted in the statement that its…

At the start of July, Telegram announced it was discontinuing its support for the test network of Telegram Open Network in what seems as yet another — possibly the last — sign that the company is leaving its blockchain project for good.Telegram chose to abandon TON as a result of a drawn-out legal battle with…

Bitcoin (BTC) slid below $29,000 around the May 4 Wall Street open as United States equities showed jitters over the resurgent banking crisis.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Too much all at once” for U.S. banksData from Cointelegraph Markets Pro and TradingView showed BTC/USD losing ground as the S&P 500 shed 0.7%.The risk asset comedown…

Singapore authorities have charged two men for promoting cryptocurrency multi-level marketing (MLM) scheme OneCoin in the first case of its kind for the city state, local daily news outlet Business Times reported on April 10.The two men, who were not named, reportedly engaged in activities involving incorporating a subsidiary to promote OneCoin, as well as…

Over the past few days, a number of Libra-related announcements have been made — only, they weren’t from Facebook, the Libra Association, Calibra wallet or any other party involved in its development. First, top crypto exchange Binance announced a project called “Venus” — coincidentally, another astrology-themed name — which will focus on developing “localized stablecoins” worldwide;…

This week’s newsletter highlights Yahoo’s plans to get involved in nonfungible tokens (NFTs) and metaverse-based projects. Also, watch manufacturer TAG Heuer is dipping its toes into NFTs, and digital collectible platforms in China have increased in number despite warnings from the government.On a positive note, a CryptoPunk that was donated to Aid For Ukraine sold for…

Authorities in the U.S. state of California have arrested a 21-year old New Yorker for the alleged theft of $1 million in crypto using “SIM-swapping,” U.S. broadsheet the New York Post reported Nov. 20.SIM-swapping — also known as a “port-out scam” — involves the theft of a cell phone number in order to hijack online…

Cryptocurrency payments are a topic of increasing interest for United States lawyers following a recent conference panel, Bloomberg Law reported on March 11.Referencing participants in the 18th Annual Legal Malpractice & Risk Management (LMRM) Conference, which ran from March 5-7 in Chicago, the publication noted the prevalence of cryptocurrency payments in the legal profession, stemming…