NYC prosecutor behind Sam Bankman-Fried case resigns: Report
The acting US Attorney for the Southern District of New York reportedly resigned after the federal Justice Department directed her to halt a case against NYC Mayor Eric Adams.
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Korean Mobile Carrier LGU+ Launches Blockchain-Based Overseas Payment System
South Korea’s LG UPlus, a mobile carrier owned by the country’s fourth largest conglomerate LG Corp., is launching a blockchain-based cross-carrier overseas payment service, Korea Times reports today, September 16.Last Thursday, September 13, LG UPlus had signed an MoU to develop the new service alongside three global partners: Taiwan-based Far EasTone Telecommunications, Japan’s SoftBank, and…

Bitcoin return to $73K could be a start to ‘escape velocity’ phase — Analyst
A return to the $73,000 price range for BTC will likely be met with short-term holder resistance but could also mark a turning point for the asset.

Bitcoin Options Launch Imminent as CME Open Interest Hits 7-Month High
Bitcoin (BTC) futures traders generated at least $20 billion in daily volume last week as two new options products prepared to hit the market. According to data released by futures provider CME Group on Jan. 9, its futures contracts alone saw open interest almost 70% higher than at the end of 2019.“Serious” volume precedes options debutOpen…

Warren Buffett’s ‘crypto stock’ beats Apple and Amazon — but not Bitcoin
Warren Buffett may still view cryptocurrencies and Bitcoin (BTC) as “rat poison squared,” but he is generating big profits from his position in a crypto-friendly bank in 2023.Warren Buffett’s “crypto bet” up $130 million in 2023The “Oracle of Omaha” purchased 107 million shares of Nu Holdings, a Brazil-based fintech company and owner of the crypto-friendly

Businesses Increasingly See Crypto Mining Attacks in Cloud Infrastructures
Cryptocurrency mining is reportedly one of the most observed objectives of hackers attacking businesses’ cloud infrastructures, according to a report by AT&T Cybersecurity on March 14.The cybersecurity wing of United States telecoms firm AT&T stated that organizations of all sizes continue to face major crypto mining attacks despite the ongoing bear market.In the new report,…

Gameplay Galaxy raises $24M seed round for Web3 gaming platform
Blockchain Capital and Merit Circle backed the additional funding, bringing the total raised in the round to $24 million.

Alleged second teen mastermind behind Twitter’s ‘Bitcoin giveaway’ hack
Graham Ivan Clark may not be the only juvenile responsible for the massive Twitter breach on July 15. The FBI executed a search warrant against a 16-year-old Massachusetts resident in connection with the massive Twitter breach.According to a New York Times report, on Sept. 1 authorities raided the home of a 16-year-old boy who may…

Japan may see a reduced 20% tax on crypto earnings with new proposal
The proposal calls for a separate 20% tax on crypto earnings and exemptions of any tax on crypto gains, with losses carried forward for up to three years. 171 Total views 38 Total shares The Japan Crypto-Asset Business Association (JCBA) and the Japan Crypto-Asset Exchange Association (JVCEA), the two prominent crypto advocacy groups in Japan,…