Alex Lab points to Lazarus Group after last month’s $4M exploit
After being exploited for $4.3 million in May, Alex Lab reveals they have since found “substantial transaction evidence” pointing the attack to North Korea’s Lazarus Group. Go to Source
Month: June 2024
The Two-Class System of Regulation Plaguing Europe
In the rapidly evolving landscape of digital finance, the emergence of crypto assets has introduced unprecedented challenges as well as opportunities for regulators who provide proactive frameworks across the globe. The European Union is the largest government body that has done so through the Markets in Crypto-Assets Regulation (MiCAR), however, it finds itself at a … Read more
Korean Researcher Says Benefits of Spot Crypto ETFs Are Outweighed by Potential Harm
A researcher with the Korean Institute of Finance has warned South Korea against introducing spot cryptocurrency exchange-traded funds (ETFs) because these may pose risks to financial stability. The introduction of spot crypto ETFs could exacerbate the inefficient allocation of resources. Spot Crypto ETFs Cause Inefficient Allocation of Resources Bo-mi Lee, a researcher with the Korean … Read more
Iran Officially Unveils Central Bank Digital Currency Project
Iran officially unveiled its central bank digital currency (CBDC) on Sunday during a ceremony attended by Central Bank of Iran (CBI) Governor Mohammad Reza Farzin and chief executives of several major banks. This digital currency, issued electronically by the central bank, aims to streamline transactions within the country’s banking system. A pilot project will commence … Read more
AI tokens rally as NVIDIA slumps 13% from market cap peak
Despite Nvidia, one of the most talked-about stocks of the year, sharply falling in price, artificial intelligence crypto tokens are spiking. Go to Source
Mt. Gox repayments won’t be as bad for Bitcoin as you think: Analysts
The nearly $9 billion in Mt. Gox creditor repayments starting July may not kick down the price of Bitcoin, but they could spell trouble for Bitcoin Cash. Go to Source
BlockDAG’s Keynote 2 and X1 Miner App Eclipse NEAR & Litecoin
BlockDAG Shakes Up the Crypto Scene: X1 Miner App & Keynote 2 Dazzle Beyond NEAR & Litecoin Earning $53.2M In Presale The price of NEAR Protocol recently took a hit, dropping 6.3% to $6.12, mirroring a wider market disruption that questions its future stability and growth. At the same time, Litecoin’s forecast looks uncertain, … Read more
Bitcoin sentiment index drops to ‘fear’ — its lowest score in 18 months
The weakened market sentiment comes amid fears of a potential $8.5 billion market dump by Mt. Gox and recent mass outflows from United States spot Bitcoin ETFs. Go to Source
Wikileaks Founder Julian Assange Freed From Prison — Set to Plead Guilty in US Deal
Wikileaks founder Julian Assange has been released from prison after serving five years, following a plea agreement with the U.S. Department of Justice (DOJ). “This is the result of a global campaign that spanned grass-roots organizers, press freedom campaigners, legislators and leaders from across the political spectrum, all the way to the United Nations,” Wikileaks … Read more
Bitcoin will protect the wealth that AI creates: Pompliano
AI machines will need to use and store their wealth somewhere, and Bitcoin is the logical choice for that, Anthony Pompliano says. Go to Source
