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Russia Discusses Testing Digital Ruble for Budget Payments

The Central Bank of Russia and the Russian treasury are considering testing using the Russian CBDC, the digital ruble, to complete budget settlements. The tests would involve using this CBDC…

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Nansen Reports $200 Million Exodus From Kucoin After DOJ Action

Following the Department of Justice’s (DOJ) legal action against Kucoin and its founders, analysts from Nansen specializing in real-time onchain data revealed that Kucoin experienced a withdrawal of $99 million…

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Crypto Exchange Kucoin and Founders Charged With Bank Secrecy Act and Money Laundering Violations

The Southern District of New York has announced charges against the global cryptocurrency exchange Kucoin and its founders for major violations of U.S. anti-money laundering laws. Kucoin Faces Legal Firestorm…

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Detained Binance Executive Escapes Custody in Nigeria, Government to Request Interpol Assistance

A senior executive at Binance, who was detained by Nigerian authorities in late February, has since escaped from custody. The executive Nadeem Anjarwalla is believed to have left the country…

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Telegram Banned in Spain for Not Cooperating in Unauthorized Content Probe

Telegram, the messaging powerhouse, has been banned in Spain on a case investigating the hosting of unauthorized content owned by media companies in Spain. The Audiencia Nacional (National Court), one…

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Massive Bitcoin Shift: $6B Moved as 5th Largest BTC Wallet Reactivates After Years of Dormancy

This week, blockchain observers noticed that the “37X” wallet, once holding the title of the fifth-largest bitcoin wallet, was activated for the first time since 2019. This significant move involved…

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Bitcoin Technical Analysis: Bulls Regain Strength and Rise Toward Upper Resistance Levels 

Bitcoin’s price trajectory on March 25, 2024, showcases bullish momentum, coasting along at ranges between $66,934 to $67,087 per unit. The day’s trading ranged from $64,568 to $67,672, indicating a…

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Latam Insights: Chile to Keep Advancing CBDC Tests, Argentina Debuts VASP Registry

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Central Bank of Chile will keep experimenting…

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Heco Bridge Hacker Moves $137 Million in Stolen ETH to Tornado Cash

In a recent development observed by onchain alerts, the entity responsible for exploiting the Heco bridge and siphoning off millions in ethereum late in November 2023 from the conduit bridge…

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