British MPs Press NFT Copyright Violation
A British parliamentary committee has called for a crackdown on sports supporter tokens and recommended the government issue a code of conduct for NFT platforms. A bipartisan parliamentary committee has called on the British government to safeguard creators from copyright infringement caused by nonfungible tokens (NFTs) and address possible consequences from athletic organizations issuing digital […]
Taiwan Prohibits Unregistered Foreign Crypto Exchanges
In addition to local platforms such as Maicoin, prominent global cryptocurrency trading companies like Binance, ByBit, and Kraken have also actively provided services to customers in Taiwan. The Financial Supervisory Commission (FSC) of Taiwan is taking steps to enhance the safeguarding of cryptocurrency investors by introducing new regulations . On September 26, the FSC outlined […]
North Korean Lazarus Group Holds Almost $50M Worth of Crypto
New data reveals that the North Korean hacking group Lazarus possesses a staggering $47 million in cryptocurrencies, most of which are Bitcoin, including Bitcoin, Ether, BNB, Binance USD, and various stablecoins. Wallets associated with the Lazarus Group hold approximately $47 million worth of digital assets, including $42.5 million in BTC, $1.9 million in Ether, $1.1 […]
Former Deutsche Bank Exec Admits Role in ‘R3 Crypto Fund’
For his part in the fraudulent cryptocurrency trading operation, Rashawn Russell faces up to 30 years in prison. An ex-investment banker at Deutsche Bank, previously charged earlier this year in connection with a fraudulent cryptocurrency trading scheme, has admitted guilt in committing investment fraud. He potentially faces a maximum prison sentence of 30 years. According […]
North Korea Hackers Transfer $21.9M To Russian Exchange
Chainalysis discovered that North Korean hackers stole $21.9 million in cryptocurrencies and sent it to a Russian cryptocurrency exchange notorious for illicit operations. Recently, Chainalysis revealed alarming findings indicating North Korean hackers have funneled $21.9 million in stolen cryptocurrencies to a notorious Russian cryptocurrency exchange that facilitates illicit transactions. This disclosure sheds light on a broader […]