International law enforcement efforts have intensified against Evil Corp, a Russia-based cybercrime syndicate allegedly responsible for widespread financial theft and ransomware attacks. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), the UK’s Foreign, Commonwealth & Development Office (FCDO), and Australia’s Department of Foreign Affairs and Trade (DFAT) jointly imposed sanctions on key members of the group…
Month: October 2024
Bitcoin Transfer Volumes Soar in 2024, Set to Break 2023’s Record in 2 Weeks
According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak was at the end of April, with the second-highest transaction day recorded on Sept. 8. In its more than 15 years of operation, the Bitcoin network has witnessed daily transfer records grow annually for nine […] Source: https://news.bitcoin.com/bitcoin-transfer-volumes-soar-in-2024-set-to-break-2023s-record-in-2-weeks/
BTC short-term holders 'likely taking on more risk' as realized cap drops by $6B
Bitcoin short-term holders are “likely taking on more risk” amid long-term holders “likely taking profits,” according to a crypto analyst. Source: https://cointelegraph.com/news/bitcoin-short-term-holders-realized-cap-6b?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Lego’s Website Hacked to Promote ‘Lego Coin’ Crypto Scam
Lego’s website was hacked to display an unauthorized cryptocurrency ad promoting a fake “Lego coin.” The ad encouraged site visitors to purchase the fake crypto, promising them secret rewards and redirecting them to a suspicious external site selling “Lego tokens.” Lego’s Website Compromised by Cryptocurrency Scam Lego’s website experienced a security breach on Oct. 4 […] Source: https://news.bitcoin.com/legos-website-hacked-to-promote-lego-coin-crypto-scam/
Tether teases USDT documentary on 10th anniversary
Tether CEO Paolo Ardoino said in an X post that the company will continue to bring financial inclusion to people who are “left behind.” Source: https://cointelegraph.com/news/tether-teases-usdt-documentary-10th-anniversary?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin realized price rejections hint BTC price ‘weakening’ — Analyst
Bitcoin hodlers’ realized cap sees a snap drop while speculators get more confident in market trajectory. Source: https://cointelegraph.com/news/bitcoin-realized-price-rejections-btc-price-weakening-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
This Week in Crypto Games: CryptoKitties Hit Telegram, ‘X Empire’ Flip-Flop, and ‘Moonray’ Goes Mobile
The crypto gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves…
UAE exempts crypto transfers, conversion from value-added tax
The UAE has exempted cryptocurrency transfers and conversions from value-added tax, positioning itself as a more crypto-friendly jurisdiction for digital asset transactions. Source: https://cointelegraph.com/news/uae-exempts-crypto-transfers-conversions-from-vat?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nigeria’s Oil-for-Naira Program, Blackrock’s New Stablecoin, and More — Week in Review
Nigeria introduced an “oil-for-naira” program by selling crude oil to Aliko Dangote’s refinery in a bid to stabilize the weakening local currency. Blackrock announced its support for UStb, a new stablecoin from Ethena Labs. The SEC has formally appealed a court ruling in its case against Ripple Labs, citing significant legal errors. Coinbase is optimistic […] Source: https://news.bitcoin.com/nigerias-oil-for-naira-program-blackrocks-new-stablecoin-and-more-week-in-review/
Coinbase’s Talks With TradFi Firms Pick Up as Crypto Becomes More Bipartisan
With digital assets getting more support from both sides of the red-blue divide, Coinbase’s conversations with traditional financial institutions have been picking up steam, said Shan Aggarwal, the exchange’s vice president of corporate and business development. In an interview with Decrypt at Messari Mainnet, Aggarwal said that Coinbase’s talks with big financial firms have “taken a turn” in the past…