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North Korea Views its USD 1.7B Crypto Hack Hauls as a ‘Long-term Investment’
27.12.2021
North Korea “has hacked USD 1.7 billion worth of crypto from exchanges,” reports have claimed -and experts say that Pyongyang is going long on its haul of tokens, rather than immediately swapping them for cash....
Read More: North Korea Views its USD 1.7B Crypto Hack Hauls as a ‘Long-term...
Scammers Stole USD 7.7B in Crypto in 2021 Amid Rug Pull Surge - Chainalysis
17.12.2021
Scams continue to generate the largest stream of cryptocurrency-based crime by transaction volume, with more than USD 7.7bn worth of crypto stolen from victims across the world so far this year, according to a recent report by blockchain analysis company Chainalysis....
Read More: Scammers Stole...
CD Projekt Settles Cyberpunk 2077 Lawsuit, Will Pay $1.85 Million
17.12.2021
This time last year a group of investors filed a class-action lawsuit against CD Projekt Red over Cyberpunk 2077's disastrous launch, saying the game was “virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs”.Read more
This Is How Fake Bitbuy Crypto Exchange Scammed Investors
15.12.2021
South Korean police have swooped on the operators of what they say was a scam crypto exchange that sucked in 12,000 victims – after claiming investors could use it to make compound interest gains of a whopping 0.5% every eight hours.
Per Herald Kyungjae, the firm posed as a South Korean affiliate...
Riot Games Sues Scammers Offering Folks Fake Jobs At The Studio
9.12.2021
A nasty scam has become more popular over the last few months. People desperate for work at popular game studios like Riot and Rockstar Games get an email from a recruiter asking them to apply. They do and eventually get the job only to realize it’s all fake, usually after losing money to...
Sexually Harassed Activision Blizzard Employee Holds Press Conference To Demand Apologies, Money
8.12.2021
Today, a woman named Christine who works at major game publisher Activision Blizzard held a press conference with her lawyer Lisa Bloom to describe the sexual harassment she experienced at the company. This is the latest in the ongoing battle between Activision Blizzard and its employees...
Bowser Agrees To Pay Nintendo $10 Million In Hacking Lawsuit
7.12.2021
Gary “GaryOPA” Bowser pleaded guilty to federal piracy charges in October. Now he’s agreed to pay Nintendo a massive $10 million settlement for his reported role in designing and selling devices to circumvent Switch security measures as part of Team Xecuter.Read more
British Security Think Tank’s Report Warns NFTs Could Bolster Money Laundering Schemes
4.12.2021
The Royal United Services Institute (RUSI), the British defense and security think tank, questions whether or not non-fungible token (NFT) assets can be used for money laundering purposes. The report determines that in order to mitigate the money laundering risks a ‘know your...
Chinese Central Bank: NFT, Metaverse ‘Could Become Money-Laundering Tools’
29.11.2021
The Chinese central bank’s anti-money laundering chief has spoken out about non-fungible tokens (NFTs) and metaverse projects – suggesting that there may be a need to regulate these sectors in the same manner as it polices cryptoassets.
In two crackdowns (one in September 2017 and the second...
Crypto Crime Still Rising in China Despite Crackdown, Warn Authorities
24.11.2021
Reports from Chinese provincial law enforcement agencies appear to show that crypto crime is still on the up – despite a nationwide crackdown on crypto and mining exacted in September this year....
Read More: Crypto Crime Still Rising in China Despite Crackdown, Warn Authorities
Report: North Korean Man Sentenced To Death For Smuggling Copies Of Squid Game
24.11.2021
Last week, Radio Free Asia reported that copies of Squid Game had been smuggled into North Korea on USB drives and SD cards. Now, according to RFA, a man who is said to have smuggled in the show has been sentenced to death by a firing squad. Read more
PlayStation Faces Gender Discrimination Lawsuit From Former Staffer
23.11.2021
Sony is facing a suit alleging pay disparity, wrongful termination, and other instances of gender-based discrimination. As Axios reports, a former IT staffer filed suit in California district court yesterday.Read more
Investments in BTC Keep Growing, in ETH - Dropping, MoonPay Valued at USD 3.4B + More News
22.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Investments in BTC Keep Growing, in ETH - Dropping, MoonPay Valued at USD 3.4B + More News
Wasabi Lightning Wallet Grant, Binance's New Integration & Funding, Norway Crypto Mining Ban Talk + More News
19.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
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Read More: Wasabi Lightning Wallet Grant, Binance's New Integration & Funding, Norway Crypto Mining Ban Talk + More News
IRS Warning: The Taxman Cometh – For 'Billions of Dollars' Worth of Crypto
19.11.2021
America’s central tax body, the Internal Revenue Service (IRS) has stated that it expects crypto worth billions of dollars could be seized again next year.
Bloomberg quoted the IRS Criminal Investigation Chief Jim Lee as stating:
“I expect a trend of crypto seizures to continue as we move...
Canadian Youth Arrested Over USD 36.4M Crypto Theft
18.11.2021
A Hamilton youngster has been arrested for alleged involvement in the theft of over USD 36.5m worth of digital assets - the biggest theft reported by one person.
Hamilton is a port city in the Canadian province of Ontario. The arrest came as a result of a joint investigation between Hamilton...
In-person Tether Swap Turns into Bloody Kidnap Ordeal for USD 3M Crypto Trader
17.11.2021
Bitcoin (BTC) holders are not the only ones in danger of kidnap attempts – stablecoin advocates are also falling victim to opportunistic attackers hoping to get their hands on these coins.
Per the Hong Kong-based media outlet Ta Kung Pao, criminals are continuing to target traders...
Japan's Manga Piracy Crackdown Continues
16.11.2021
In 2019, there was a global manhunt for the manager of manga piracy site Manga-Mura. The manager, a Japanese citizen named Romi Hoshino, was arrested in Manila on copyright violation charges. In June 2021, he was found guilty, sentenced, and fined. If you thought that was the end of Japan’s piracy...
Coinbase Users Sharing Crypto Portfolios, ETFs in US & India + More News
15.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
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Read More: Coinbase Users Sharing Crypto Portfolios, ETFs in US & India + More News
Woman Allegedly Made $57,000 By Selling Unofficial Demon Slayer...Cakes
15.11.2021
A 34-year-old resident of Tokyo’s Shibuya has been arrested on suspicion of violating Japanese copyright law after selling unlicensed Demon Slayer cakes. According to Kyodo News, the women sold the cakes through Instagram, with customers submitting their desired images to be turned into frosting...