In 2022, North Korean hackers swiped crypto worth ten times more than the country earned from exports in 2021, according to US cybersecurity firm Recorded Future. According to United States cybersecurity firm Recorded Future, North Korean hackers have stolen around $3 billion in cryptocurrency since 2017, with more than half of that amount stolen in...Continue Reading

Market manipulation in cryptocurrency involves artificially influencing prices or trading volume to deceive investors. Market manipulation in the crypto sphere, explained In the cryptocurrency space, market manipulation refers to the deliberate use of different deceptive strategies to artificially inflate or deflate the price of cryptocurrencies.  One of the signs of market manipulation includes sudden, unusual...Continue Reading

The Madeira Blockchain 2023 conference showcased the region’s efforts to become an emerging technology hub in the Atlantic. An archipelago in the middle of the Atlantic is seeking startups and tech talents to boost its economic growth. Portugal’s Madeira archipelago has been praised for its natural beauty, but an aging population and pressing need for...Continue Reading

The grant is designed to ease the financial burden on affected individuals and will equal the USD equivalent of the assets lost in the security breach. KyberSwap intends to provide financial assistance to users affected by a significant exploit on Nov. The grant is designed to ease the financial burden on affected individuals and will...Continue Reading

The committee’s report recommends imposing lower initial limits on the value of retail digital pounds to alleviate the risk of potential bank runs amid market instability. British legislators are urging a careful stance regarding implementing a retail digital pound. Members of the Treasury Select Committee have expressed reservations regarding the possible launch of a retail...Continue Reading

Initially, the SEC, led by attorney Michael Welsh, had convinced the court to freeze DEBT Box’s assets, arguing the company was moving to Dubai, beyond U.S. regulatory reach. United States District Judge Robert Shelby has cautioned the Securities and Exchange Commission (SEC) lawyers, hinting at possible sanctions due to purportedly deceptive statements in a legal...Continue Reading

The Securities and Exchange Commission is suing Kraken for selling cryptocurrencies, but it looks like a recycled version of a losing lawsuit. The legal duel between the United States Securities and Exchange Commission (SEC) and Kraken, a leading cryptocurrency exchange, looks like another misguided attempt by the SEC to exert control over an industry that...Continue Reading