Bitget mandates KYC requirements in line with tightening global regulations
The exchange operator is implementing new KYC requirements for users from September 2023 to comply with developing global regulatory guidelines.
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North Korean hackers have stolen $2B of crypto since 2018: Report
TRM Labs estimates that North Korean hackers have stolen $200 million of cryptocurrency in 2023 alone.
Borneo authorities seize illegal crypto miners running off stolen power
A Malaysian energy supplier uncovered an illegal cryptocurrency mining operation stealing power from the local grid on the island nation of Borneo.
Bitcoin miners still bullish despite toughest bear market yet – Hut8, Foundry, Braiins
Bitcoin mining firms have been forced to sell newly minted Bitcoin to cover operational costs during one of the toughest bear markets for miners on record.
Bitcoin no longer asset of choice for criminals – former Elliptic crypto advisor
Criminals have moved away from using Bitcoin for money laundering, with stablecoins emerging as an alternative due to accessibility.
Near Foundation treasury drops to $900M as token price plunges
The $200 million decline was mostly due to a drop in the price of Near tokens, in line with the crypto bear market.
Clarity needed on crypto lending regulations — UK Law Commission
The Law Commission’s recommendations highlight the need to clarify whether cryptocurrency lending falls under existing financial collateral regulations.
Bitcoin stays flat at $26K after PPL data as markets await Fed’s Powell
BTC price action shrugs off the latest signs that inflation is receding, with Bitcoin traders focused on Fed comments.
Ripple welcomes MiCA regulation as US lawsuit highlights lack of clarity
Ripple’s operations gear up in Europe and Asia despite an ongoing lawsuit with the U.S. Securities and Exchange Commission.
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