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Report: Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia
24.4.2022
The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government sanctioning the bitcoin mining operation Bitriver and ten subsidiaries. Compass is hoping...
US Treasury’s OFAC Adds 3 ETH Addresses Linked to North Korean Cybercrime Group to SDN List
24.4.2022
The Office of Foreign Asset Control (OFAC) has added three ethereum addresses to its Specially Designated Nationals And Blocked Persons List (SDN). OFAC alleges the ether addresses are controlled by the Lazarus Group, a cybercrime group that is associated with North Korea. Lazarus Group Behind Axie...
The new HM Treasury regulations: The good, the bad and the ugly
23.4.2022
With the U.K. never having been particularly crypto-friendly, could new regulations and Her Majesty's Treasury’s recent announcements be a game changer?
US Treasury Dept sanctions 3 Ethereum addresses allegedly linked to North Korea
22.4.2022
The government department hinted that the addresses were added to the list in an effort to stop North Korea from evading sanctions imposed by the United States and United Nations
Treasury Sanctions More North Korea-Linked ETH Wallets Over $600M Ronin Hack
22.4.2022
Bitcoin retests $40K after stocks sell-off meets Fed balance sheet bust
22.4.2022
Macro-induced mayhem costs Bitcoin bulls dearly as Ethereum also loses key $3,000 support
US Sanctions Bitriver, Targets Russia’s Crypto Mining Potential
21.4.2022
In an attempt to deny Russia opportunities to evade sanctions through cryptocurrencies, the U.S. Department of the Treasury has sanctioned leading Russian mining firm Bitriver. The move comes amid concerns that Moscow may use the minting of digital coins to monetize its energy resources. Zug-Based...
US Treasury Dept lists crypto mining firm in latest sanctions against Russia
20.4.2022
"The United States is committed to ensuring that no asset, no matter how complex, becomes a mechanism for the Putin regime to offset the impact of sanctions,” said Treasury
FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms
19.4.2022
On April 18, the Federal Bureau of Investigation (FBI), the U.S. Treasury Department, and the Cybersecurity and Infrastructure Security Agency (CISA) published a Cybersecurity Advisory (CSA) report concerning malicious North Korean state-sponsored cryptocurrency activity. According to the U.S....
Ethereum Foundation treasury expands non-crypto assets to 19%
19.4.2022
The foundation that oversees and funds developments on the Ethereum network has disclosed its total holdings, which include a sizable fifth in non-crypto assets
Ethereum Foundation’s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether
18.4.2022
On Monday, the Ethereum Foundation (EF) published a financial report that shows the foundation currently holds $1.6 billion in its treasury. $1.3 billion of the treasury’s assets are held in cryptocurrencies while the rest of the treasury is composed of non-crypto investments and assets....
OFAC Update Claims Ronin Hack Is Tethered to North Korea’s Hacker Syndicate Lazarus Group
15.4.2022
According to the U.S. Treasury and the Office of Foreign Assets Control (OFAC), the recent Ronin bridge hack may have been tied to the North Korean hacker syndicate called Lazarus Group. Federal law enforcement officials have tied the flagged ethereum address connected with the Ronin bridge exploit...
North Korea’s Lazarus Group Behind Axie Infinity's Ronin Hack, Say US Treasury, FBI
15.4.2022
The United States Treasury Department has sanctioned an ethereum (ETH) address that it says received coins stolen in the Ronin Bridge hack – and the FBI has claimed that the North Korean Lazarus group of hackers was behind the security breach....
Read More: North Korea’s Lazarus Group Behind...
Luna Foundation Buys 2,508 Bitcoin for $100 Million, Stash Is Only 495 BTC Away From Tesla’s Balance
13.4.2022
On April 13, Terra’s Luna Foundation Guard (LFG) acquired 2,508.94 bitcoin worth close to $100 million at the time of settlement. The purchase follows the 4,130 bitcoin LFG scooped up three days ago, and LFG’s wallet is now just over 495 bitcoin away from surpassing Tesla’s...
Luna Foundation Treasury Holds Almost 40,000 BTC After Weekend Purchase
11.4.2022
Luna Foundation Guard made a $173 million bitcoin buy over the weekend
12 Companies Keep Close to $700 Million in Ethereum in Treasuries
10.4.2022
During the last year, there’s been a lot of discussion concerning bitcoin treasuries or public firms putting bitcoin on their balance sheets. However, the leading crypto asset by market valuation is not the only digital currency being held by treasuries. Ethereum has become a prominent...
Bank of America Strategist Warns ‘Recession Shock’ Is Coming, Analyst Says Crypto Could Outperform Bonds
8.4.2022
On Friday, Bank of America’s (BOFA) chief investment strategist Michael Hartnett explained in a weekly financial note to clients that the U.S. economy could head into a recession. The BOFA strategist’s note further detailed that cryptocurrencies could outperform bonds and stocks. BOFA...
Treasury Secretary Yellen Says Crypto Regulation Should Support Responsible Innovation, Manage Risks
8.4.2022
Treasury Secretary Yellen says the regulatory frameworks for crypto assets in the U.S. should “support responsible innovation while managing risks.” She emphasized, “Regulation should be based on risks and activities, not specific technologies.” Treasury Secretary Yellen...
Treasury Secretary hints at regulatory framework to address potential risks in digital asset markets
7.4.2022
"Digital asset exchanges and other digital native intermediaries — they should be subject to appropriate forms of oversight,” said Janet Yellen
Treasury Secretary Janet Yellen Calls Crypto 'Transformative' in Wide-Ranging Speech
7.4.2022
A digital dollar could become a "trusted money comparable to physical cash," U.S. Treasury Secretary Janet Yellen said in her first speech on digital assets on Thursday. Speaking to attendees at an American University event, Yellen highlighted the extreme divergence of perceptions about crypto...