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FBI Traces $41 Million Cryptocurrency Theft From Stake.com to Lazarus Group


The Federal Bureau of Investigation (FBI) says it has confirmed that North Korea’s Lazarus Group was behind the crypto theft of about $41 million from online crypto casino and sports betting platform Stake.com. The FBI has provided a number of Bitcoin, Ethereum, Binance Smart Chain (BSC),...

IMF and FSB Release ‘Policies for Crypto Assets’ at G20 Request


The International Monetary Fund (IMF) and the Financial Stability Board (FSB) have published their synthesis paper titled “Policies for Crypto Assets,” which was developed at the request of the Indian G20 Presidency. The global organizations “have set out a roadmap to ensure effective...

Best Crypto to Buy Now September 8 – Rollbit, Radix, Aave


A standout story in today's crypto news reports hails from Turkey, where the former CEO of the now-folded Turkish cryptocurrency exchange Thodex has been sentenced to over 11,000 years in jail. Faruk Fatih Özer, who founded Thodex in 2019, received a staggering 11,196-year sentence along with...

Coinbase Pushes Toward Global Expansion, Sets Sights On Regulated Markets


Digital asset exchange Coinbase sets out plans for a global expansion flagging jurisdictions outside the United States as “near-term priority markets.” In a recent blog post, the company highlighted several challenges in the US markets citing bottleneck regulations leading to an exodus of both...

48% of Asset Managers Hold Crypto For Clients: Coalition Greenwich Report


A new study reveals nearly half of institutions in the United States, UK, and Europe offer digital asset services to their clients. In a recent survey conducted by Coalition Greenwich and Amberdata, 48% of asset management institutions manage crypto for their clients with a general bullish stance...

Taiwan's Crackdown: Offshore Crypto Exchanges Must Comply or Exit


Taiwan is set to impose restrictions on offshore cryptocurrency exchanges operating within its jurisdiction unless they gain the required registration.  The country's Financial Supervisory Commission (FSC) has drafted ten guiding principles for virtual asset services providers (VASPs) to establish...

Ripple Acquires Crypto Financial Services Company Fortress Trust 


Ripple, a leading blockchain and cryptocurrency company, has acquired Fortress Trust, a Nevada-licensed financial services provider for the crypto industry. The purchase expands Ripple’s regulatory licenses and infrastructure to bolster its position in enterprise blockchain solutions. Ripple...

LBRY Gears Up to Contest US Securities Law Violation Ruling


In a recently filed court document, blockchain-based publishing company LBRY has signaled its intent to challenge a New Hampshire district court’s verdict. This ruling, made in November 2022, concurred with the U.S. Securities and Exchange Commission (SEC) stating that LBRY presented...

Why Freelancers Are Turning to Blockchain for Payments


Freelancing has become a significant part of the global job market in recent years. As traditional job roles evolve, more people are choosing freelance work to have flexible schedules and diverse income streams.... Read More: Why Freelancers Are Turning to Blockchain for Payments

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