North Korea Steals $3.6 Billion In Crypto Assets
According to monitors, North Korea has stolen $3.6 billion in crypto assets from cryptocurrency companies between 2017 and 2024, with $147.5 million stolen through the virtual currency platform Tornado Cash in March alone. According to private work by UN sanctions monitors reviewed by Reuters on Tuesday, North Korea laundered $147.5 million through virtual currency platform […]
Creditors Of Bankrupt FTX To Receive As Much As 142% Of What They Are Owed
FTX’s bankruptcy is yielding an unexpected outcome and creditors could receive up to 142% of what they are owed. This remarkable recovery is due to FTX’s asset liquidation and the recent cryptocurrency boom. When the cryptocurrency market was experiencing a massive comeback in March, we made a joke about the creditors of Sam Bankman-Fried’s bankrupt […]
List Of Countries With The Highest Rates Of Crypto Ownership
According to data provided by Triple-A, as of 2023, the UAE and Vietnam lead the list of countries with the highest rates of crypto ownership, while India, China, and the USA top the list in terms of the total number of crypto owners. According to the percentage of the population that possesses bitcoin, the top […]
Could Cryptocurrencies Become As Reliable As Gold?
When asked about the potential reliability of cryptocurrencies compared to gold, Paul Goncharoff, chief manager of Goncharoff LLC, expressed uncertainty about whether Bitcoin will become as stable as gold. This month, the prices of Bitcoin (BTC) and gold have both reached all-time highs. The value of an ounce of gold reached $2,222 last week, while […]
Hong Kong Set To Become Crypto Trading Hub
According to a report by Nikkei, Hong Kong is set to become a crypto trading hub with the commencement of applications for licenses to operate trading platforms and exchanges. After years of brutal crackdowns, crypto trading is coming back to China… or at least Hong Kong for now. On Thursday, Hong Kong took a step […]
Coinbase To Roll Out ‘Moving America Forward’ National Campaign For Crypto
In a blog post, Coinbase announced the rollout of the ‘Moving America Forward’ national campaign for crypto, which will kick off with a series of four different advertisements featuring Coinbase CEO Brian Armstrong. United States crypto exchange Coinbase is rolling out another national ad campaign in America focusing on the “critical” role that crypto will […]
Russia Sees Crypto As ‘Necessary Evil’
Deputy Finance Minister Aleksey Moiseev said that he and the Bank of Russia see crypto as a ‘necessary evil’. Russia’s Finance Ministry has warned about the dangers of investing in cryptocurrencies, although it acknowledged that digital assets could be useful in certain situations. Deputy Finance Minister Aleksey Moiseev described cryptocurrencies as “an evil,” adding that the Bank […]
This Crypto Analyst Warns Stock Market May Trigger Crypto Market Crash
A crypto analyst warns that the stock market may trigger a crypto market crash. The present macro factors indicate that a huge correction is on the way, which might bring digital assets down with it.
Ukraine To Issue NFT Collection To Fund Armed Forces
After Pussy Riot raised $6.6 million by selling a pic of the Ukrainian flag as a NFT Ukraine has decided to issue a NFT collection to secure the funds needed by the armed forces.
What Is NFT? How Is It Different From Cryptocurrency?
NFTs are gaining a lot of traction these days since they’re a great method to show off and market your digital artwork which has led to everyday technology questions like what is an NFT and how is it different from cryptocurrency?