US gov files complaints to seize assets from North Korean hackers

This week’s Crypto Biz explores Tether’s profit record, bank-linked crypto trading in the United Arab Emirates, Polymarket’s growth amid US elections, and Coinbase custodian arm.

Bitcoiners sent crude messages to the German government as they dusted it with small donations; CoinStats says North Korea’s Lazarus Group may be behind the recent $2.2 million exploit and more.

The chief executive of the bank's asset-servicing business says digital assets are becoming "part of the mainstream." 5279 Total views 31 Total shares Bank of New York Mellon, America’s oldest bank, has announced plans to hold, transfer and issue Bitcoin (BTC) and other cryptocurrencies as an asset manager on behalf of its clients.The impetus for…

Ethereum (ETH) co-founder Vitalik Buterin does not believe that the popular stock-to-flow model is useful for predicting the Bitcoin (BTC) price.In a Twitter debate on Feb. 27, Buterin became the second well-known figure to criticize stock-to-flow, which calls for BTC/USD to trade at an average $100,000 between 2021 and 2024.Buterin: stock-to-flow forecasts “part of the…

Almost 40 people involved in the “Nth Room” case were identified by South Korean authorities. 1371 Total views 39 Total shares South Korean authorities have managed to trace the digital fingerprints of at least 40 people suspected of having paid with cryptocurrencies to access videos of rape and sexual exploitation of minors in the context…

Ethereum’s Achilles heel is institutional adoption, scalability, and sustainable DApp ecosystem growth.

This week’s Crypto Biz also explores Tether’s new hiring, a takeover bid for Cipher, Grayscale new decentralized AI fund, Ether ETFs, and more.