The United Nations (UN) recently discovered violations of international financial laws related to North Korea. North Korea was reported to have laundered $147.5 million in stolen cryptocurrency through Tornado Cash in March. North Korea’s cryptocurrency laundering exposed The UN investigated 97 cyberattacks against cryptocurrency companies. The scale of these attacks perpetrated by North Korea over the past seven years amounts to approximately $3.6 billion. One of the major incidents was the theft of $147.5 million worth of cryptocurrency from the HTX cryptocurrency exchange in 2023. Elliptic revealed that North Korea’s Lazarus group stole $112.5 million in cryptocurrency from its platform…
Author: Crypto Flexs
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The Sui blockchain ecosystem demonstrates the importance of mobile wallets with three frontrunners: Surf Wallet, Nightly, and Sui Wallet. Critical to user accessibility and adoption, these wallet apps are redefining functionality and user experience while driving ecosystem growth. Surf Wallet: Trailblazer As the first mobile wallet to implement zkLogin, Surf Wallet has carved out a niche for itself in the Sui ecosystem. The wallet’s sleek and intuitive interface provides users with easy navigation. Additionally, a built-in browser for the app improves convenience and accessibility to DeFi services within Sui. Nightly: Multichain Asset Management Nightly provides…
It is no secret that the Bitcoin mining industry is undergoing a fierce test following the fourth halving. With Bitcoin’s block subsidy cut, hash prices (revenue per terahash) have reached historic lows. Meanwhile, the post-halving mempool frenzy has abated, further fueling already nervous mining operators.Nangeng Zhang, founder and CEO of Singapore-based Canaan Inc, which developed the first Bitcoin mining application-specific integrated circuit (ASIC), said: Bitcoin Magazine The company conducted its first interview with a North American media outlet to understand the state of the industry. Zhang commented on the origins of Bitcoin mining and offered his perspective on the chip…
Korean telecommunications company LG U+, a subsidiary of LG, recently launched the Metaverse experience at Yonsei University in Seoul.The Yonsei Metaverse, also called “Meta Yonsei,” features a recreation of the Sinchon campus with traversable landmarks such as the school’s auditorium and library, as well as hierarchical access to digital resources and private meeting places for faculty and students. source: LG U+, through Chosun Biz.Unlike many Metaverse experiences, Meta Yonsei limits many of its features to verified students. Although prospective students and other outsiders appear to be able to virtually walk around campus and see its features and landmarks, access to…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportAfter years of silence, one thing is clear: come back online This week, meme stock influencer Keith Gill, aka Roaring Kitty, sent stocks and cryptocurrency assets skyrocketing linked to the streamer’s past exploits. millions of dollars Lucky traders make profits out of thin air. But is Roaring Kitty actually back? So far, only Gill Twitter Since Sunday, the account has been active again, posting numerous movie clips, again subtitled with…
Financial failure doesn’t phase medical marijuana millionaire and entrepreneur Maximilian White. Europe’s richest legal cannabis tycoon has had his fair share of misfortunes – twice in his own career and once in his father’s. But when his business suffered a loss of $29 million due to the Cyprus bank collapse in 2012, his personal reaction was a little unusual. Instead of spending all his remaining money, he blew it on buying a Rolls-Royce, which he drove publicly. “I am a proud person. I didn’t want people to think I was lost,” he says. “I can be a poser too.” In…
Binance Thailand listed FLOKI, sparking a double-digit bullish breakthrough. Thailand ranks in the top 10 for national cryptocurrency adoption. Analysts have discovered key similarities in the performance of FLOKI & PEPE. Viking-themed meme coin Floki (FLOKI) expands its customer base to Thailand. According to the 2023 Global Crypto Adoption Index calculated by Chainalytic, cryptocurrency-friendly countries have clear regulations and strong adoption rates of 12%. The move by the Binance subsidiary in Thailand opens the doors to the FLOKI cryptocurrency to an audience of 69 million, 10 million of whom are already using blockchain in their daily work. Binance Thailand is…
As a member of Adan, Crypto.com joins Binance, Bitpanda, OKX and several other cryptocurrency heavyweights in driving cryptocurrency and blockchain development. Crypto.com, a popular cryptocurrency exchange based in Singapore, has announced its membership in Adan, the French and European association of cryptocurrency and blockchain experts. By joining Adan, you can help Crypto.com improve and advance the industry across the region. “We are proud to be a member of Adan, as we share similar values and align with our goals for the cryptocurrency industry in France and the EU region, including support for the upcoming MiCA regulation. As part of Adan,…
The cryptocurrency market, like any other financial market, experiences emotional swings that can significantly impact investor behavior. Fear and greed are two powerful emotions that can cloud judgment and lead to impulsive decisions. To navigate this emotional rollercoaster, many investors turn to gauges of market sentiment, with the Crypto Fear and Greed Index (FGI) being a popular tool. This comprehensive blog delves into the intricacies of the Crypto Fear and Greed Index, equipping you with the knowledge to interpret its readings and make informed investment decisions. What is the Crypto Fear and Greed Index? The Crypto Fear and Greed Index…
Intensity Labs, developer of “intent-driven” DeFi protocol Shogun, has raised $6.9 million in a seed funding round.Intensity Labs said Wednesday that Polychain Capital and DAO5 co-led the round, along with Arrington Capital, Arthur Hayes’ family company Maelstrom, and Build-a-Bera. Angel investors including Cobie, Ansem, Ser Shokunin and Meltem Demirors also participated in the round. Intensity Labs began raising funding for this round in January of this year and was “oversubscribed” by mid-February, co-founder Rahul Patel told The Block. The project initially planned to raise $5 million, but “due to high demand, we ended up raising $6.9 million,” Patel said.Patel said…