Bybit stolen funds likely headed to crypto mixers next: Elliptic
Based on past behavior, the Lazarus Group could start using mixers to obfuscate the stolen funds, but it may prove more challenging this time due to the sheer volume of stolen assets.
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Russia: Cargo Shipping Firm to Use Blockchain in Port Logistics
Russian shipping logistics company Infotech Baltika will develop a blockchain-based system for the ports in which it operates, Russian maritime news outlet Morvesti reported on Feb. 11.To develop the blockchain-based solution, dubbed Edge.Port, the firm has partnered with Moscow-based blockchain startup Iconic.The network will reportedly allow participants in port activity to store all necessary documentation…

Robinhood to axe 7% of full-time staff in latest round of layoffs: Report
Roughly 150 full-time employees are being laid off, according to internal company messages. Online brokerage firm Robinhood Markets will reportedly lay off roughly 150 full-time staff — 7% of its total workforce — in its third round of layoffs in just over a year. According to an internal company message seen by The Wall Street Journal,…

Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch
Central bank Governor Nandalal Weerasinghe believes that adopting decentralized cryptocurrencies would worsen the country’s economic situation. 222 Total views 9 Total shares Own this piece of history Collect this article as an NFTOn a recent visit to Sri Lanka, American billionaire Tim Draper pitched the idea of adopting Bitcoin (BTC) as a legal tender to…

European Parliament votes to form final law on EU digital wallet
Introduced in 2021, the European Digital Identity framework aims to enable and protect the digital identity of EU citizens. 523 Total views 7 Total shares Own this piece of history Collect this article as an NFTEuropean lawmakers are moving forward with the introduction of a European Union-wide digital wallet by passing a plenary vote on…

Bitcoin price is back at $50K, but exactly how ‘bullish’ are the bulls?
Cryptocurrency markets rallied 12.5% over the past seven days to reach a $2.44 trillion market capitalization. However, that move doesn't seem to be inspiring confidence because the same level was tested 16 days ago when a 27% retrace followed ether's (ETH) attempt to break $3,650 over the next six days. Regulation seems to be a key…

BTC at Crucial Level, When to Buy the Dip, Twitter Hack Trial Fiasco: Hodler’s Digest, Aug. 3–9
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. Top Stories This Week The price of Bitcoin is facing its final resistance before $15,000 It’s been a (slightly) calmer week for Bitcoin — with the world’s biggest cryptocurrency managing to recover from the low $11,000’s in…

Chinese President Xi Jinping praises blockchain exec in open letter
Andrew Chi-Chih Yao, the recipient of the letter, is the chief scientist of the Conflux network and a professor at the country’s prestigious Tsinghua University.

Derivatives exchange dTrade raises $22.8M for market makers
The Polkadot-centric exchange allows users to trade perpetual swaps and options with on-chain settlement. 272 Total views 4 Total shares Decentralized exchange dTrade has raised $22.8 million for a market-making fund designed to provide the ecosystem with higher liquidity, potentially setting the stage for wider DeFi adoption on Polkadot once the DEX launches later this…