Auto Added by WPeMatico

20 Government Agencies in US, South Korea, and Japan Tackle North Korean Crypto Threats

The United States, Japan, and the Republic of Korea (ROK) held their third Trilateral Diplomatic Working Group meeting on Friday in Seoul to address North Korean cyber threats. Led by…

Continue Reading20 Government Agencies in US, South Korea, and Japan Tackle North Korean Crypto Threats

Kamala Harris Gains Ripple Co-Founder Chris Larsen’s Endorsement

Eighty-eight business leaders, including Ripple co-founder Chris Larsen, have endorsed Vice President Kamala Harris for president, in a new letter shared by CNBC on Friday. Some crypto investors are puzzled…

Continue ReadingKamala Harris Gains Ripple Co-Founder Chris Larsen’s Endorsement

Zambia’s Dedollarization Plan Aims to Strengthen Kwacha Stability

Zambia’s latest move to restrict foreign currency use in domestic transactions is aimed at stabilizing its currency, the kwacha, according to central bank Governor Denny Kalyalya. The Bank of Zambia…

Continue ReadingZambia’s Dedollarization Plan Aims to Strengthen Kwacha Stability

Riot Pushes for Overhaul at Bitfarms Ahead of Key Shareholder Meeting

Riot Platforms Inc., the largest shareholder of bitcoin mining firm Bitfarms Ltd. with a 19.9% stake, issued an open letter calling for significant changes to Bitfarms’ governance ahead of the…

Continue ReadingRiot Pushes for Overhaul at Bitfarms Ahead of Key Shareholder Meeting

Scottish Court Sets Precedent With Crypto-to-Cash Confiscation

Prosecutors in Scotland have made legal history by converting cryptocurrency into cash under proceeds of crime legislation. John Ross Rennie, 29, has been ordered to hand over £109,601 after his…

Continue ReadingScottish Court Sets Precedent With Crypto-to-Cash Confiscation

India’s HDFC Bank Launches New UPI and CBDC Features

HDFC Bank, a leading private sector bank in India, has introduced new features for Unified Payments Interface (UPI) and central bank digital currency (CBDC) to enhance digital banking for its…

Continue ReadingIndia’s HDFC Bank Launches New UPI and CBDC Features

Plastic Surgery Fails to Help Crypto Scammer Evade Arrest After 10 Months

South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June…

Continue ReadingPlastic Surgery Fails to Help Crypto Scammer Evade Arrest After 10 Months

Russian Economy Sees Growth Despite Western Sanctions and Declining Imports

The Russian economy has experienced substantial growth across various sectors, with unemployment rates remaining historically low, despite ongoing Western sanctions related to the Ukraine conflict. Industrial production, driven by military…

Continue ReadingRussian Economy Sees Growth Despite Western Sanctions and Declining Imports

Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm

Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings…

Continue ReadingCourt Approves BTC Loan for Bankrupt Bitcoin Mining Firm