Lazarus is moving millions from $305M DMM Bitcoin hack: ZachXBT
Over $35 million in funds from a cryptocurrency exchange hack in May has reportedly been moved to the online marketplace “Huione Guarantee” this month.
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FDIC alleges Cross River engaged in ‘unsafe’ lending practices
Cross River is yet to admit nor deny the allegations that it “engaged in the unsafe or unsound banking practices” related to its lending activity in 2021. 98 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Federal Deposit Insurance Corporation (FDIC) has requested Cross River Bank –…
Ethereum Name Service plans layer-2 migration to reduce gas fees, boost speed
The proposed ENSv2 aims to lower gas fees and improve transaction speed by moving out of Ethereum and transferring to a layer-2 network.
Nifty News: Chinese firms to offer World Cup metaverse viewings, X2Y2 backtracks on royalties, and more
Chinese firms bet on ‘Metaverse-like’ experiences for FIFA World CupChina-based technology companies are reportedly working on tech that would give Chinese soccer fans the ability to watch the FIFA World Cup within the Metaverse.The efforts are part of a five-year plan released by the Chinese government in early November to boost the capabilities and development…
Pro sports league Karate Combat to launch DAO for fan, athlete governance
Karate Combat’s DAO will be launched as part of a three-year sponsorship deal with Hedera’s HBAR Foundation, expected to go live in December 2022. 275 Total views 31 Total shares Karate Combat, a prominent full-contact martial arts league, announced the decision to form a decentralized autonomous organization (DAO) to transition its governance to fans and…
Houston, We Have a Solution: Blockchain in the Space Industry
Space is an area that has been historically researched by few governments, being a complex matter that requires thorough, high-class research and, therefore, substantial funding. More recently, with the emerging popularity of audacious startups like SpaceX, space exploration has become a less exclusive area. Now, however, it seems that the cryptocurrencies’ primary features — blockchain,…
Judge Orders Trial in France for Alleged BTC Launderer Alexander Vinnik
Alexander Vinnik, the Russian national accused of laundering 300K Bitcoin through crypto exchange BTC-e, may now face trial in France. Also awaiting charges in the United States and Russia, suspected Bitcoin money launderer Alexander Vinnik could be facing a trial in France first.According to news agency Agence France-Presse (AFP), a Paris judge has ordered the…
Former Linkedin Data Executive Joins Coinbase as VP of Data
Former LinkedIn executive Michael Li has recently joined major U.S. crypto exchange and wallet provider Coinbase as the VP of data, TechCrunch reports September 18.Li started his career at LinkedIn as Director of Business Analytics back in 2011. The expert has been growing his professional experience at the the business and employment-oriented company, working on…
Crypto Contributes to Money Laundering Problems in Latin America, Report
Amid a major economic downturn, countries in Latin America (LATAM) are increasingly suffering from money laundering through cryptocurrencies, a new report says.Cryptocurrencies like Bitcoin (BTC) have become a major tool of organized crime groups and hackers in LATAM countries, according to a Feb. 27 report issued by threat intelligence firm IntSights.Titled “The Dark Side of…