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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South Korea sets independent sanctions for crypto theft against North Korea
The sanctions against several well-known individuals and hacking groups came just hours after S. Korea announced a joint cyber venture with U.S. intelligence agencies against ransomware threats. 69 Total views 4 Total shares Own this piece of history Collect this article as an NFTSouth Korea announced its first independent sanctions related to cryptocurrency thefts and…

Tether USDT market cap breaks ATH, Binance CEO points at regulatory caps
At a time when USDT is touching new market cap highs, the other stablecoins are struggling to keep their market dominance. 166 Total views 1 Total shares Tether-issued USDT (USDT) stablecoin broke past a new all-time-high market cap of over $83 billion as it continues its stablecoin market dominance. The new ATH market cap for…

You don’t need to be angry about NFTs
NFTs are blamed for everything from tacky art to economic inequality and environmental destruction. But, the arguments by critics don‘t add up, writes Something Interesting‘s Knifefight. “For every minute you are angry, you lose sixty seconds of happiness.”— Ralph Waldo EmersonToward the end of January, one of my favorite content producers on the internet Dan…

Thailand’s Largest Commercial Bank Retracts Tweet Indicating Plans to Use Ripple’s XRP
Siam Commercial Bank (SCB), Thailand’s largest commercial bank, has denied it plans to start using Ripple’s XRP token, contrary to earlier indications. The bank’s denial was communicated in a tweet published on June 7.The bank’s denial was prompted by an earlier post on social media dated June 5, when the bank’s official Twitter handle had…

JPMorgan: Bitcoin is ‘overbought’ but will suck money out of gold
Institutions need to keep buying to avoid a price drop, JPMorgan analysts say, but the outlook is rosy and will come at the expense of gold. 2658 Total views 10 Total shares Institutional investors may be all that’s pushing up the price of Bitcoin (BTC), a new report from JPMorgan Chase claims.In comments on Dec.…

GBTC ‘elevator to hell’ sees Bitcoin spot price approach 100% premium
Bitcoin (BTC) investment vehicle, the Grayscale Bitcoin Trust (GBTC), is trading close to 50% below the BTC price on spot markets.Data from on-chain analytics platform Coinglass confirms that on Dec. 8, GBTC shares hit a new record low of -47.2% against BTC/USD.GBTC troubles pile up post-FTXIn the latest bout of nerves to hit the Bitcoin…

Blockchain Firm AVA Labs Acquires Private Investments Platform Investery
Blockchain firm AVA Labs acquired private investment platform Investery to further expand its operations.AVA Labs told Cointelegraph on Feb. 27 that the acquisition will enhance its financial offering by enabling access to private asset platforms and the issuance of private financial assets. Furthermore, Investery’s existing partnerships will also transition over to AVA.An expansion to private…

Korean Gov’t Pilots Blockchain for Logistics Innovation in Country’s Largest Port
Two South Korean government ministries have launched a blockchain pilot for port logistics innovation, according to a press release from the country’s Ministry of Science, ICT and Future Planning (MSIT), published Dec. 18.MSIT, together with the Ministry of Oceans and Fisheries, are reportedly testing whether the technology can make Korea’s container shipping industry more efficient.…