Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers
    15 Feb 2023
    515 Views

    The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work. Cryptocurrency exchanges Binance and Huobi have again frozen accounts linked to the $100 million Harmony Horizon bridge attack on Jun. 24, 2022. Around $1.4 million worth of crypto frozen by the trading platforms…

    Stablecoins not the target in BUSD crackdown: Matrixport head of research
    14 Feb 2023
    483 Views

    Crypto financial service Matrixport’s head of research believes regulators are not targeting all stablecoins with the regulatory crackdown on BUSD issuer Paxos. Crypto financial services Matrixport’s head of research believes the recent scrutiny of Paxos and its Binance USD token is not a direct attack on stablecoins themselves. In a Feb. 14 analysis, Matrixport’s Markus Thielen…

    You don’t see that every day: Empty Bitcoin block found
    14 Feb 2023
    485 Views

    Don’t be fooled by its emptiness: Block 776,339 plays as important a role as busier blocks in the Bitcoin blockchain. Bitcoin is known for its robustness, security and predictability. Every 10 minutes — on average — the blockchain produces a new block, and the successful miner earns a block reward of 6.25 Bitcoin, around $130,000….

    UAE central bank to issue CBDC as part of its financial transformation program
    14 Feb 2023
    684 Views

    The issuance of a CBDC aims to address inefficiencies in cross-border payments and drive innovation for domestic payments. The Central Bank of the United Arab Emirates (CBUAE) is planning to launch a central bank digital currency (CBDC) for cross-border and domestic use as part of the first of its newly-launched financial infrastructure transformation (FIT) program….

    Bitcoin could hit $10M in 9 years but more sidechains needed: Blockstream CEO
    14 Feb 2023
    514 Views

    If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion. Blockstream CEO Adam Back believes the price of Bitcoin (BTC) could reach $10 million by the end of the sixth halvening in 2032, as long as Bitcoin layer-2 technology and wallet infrastructure improves. In a Feb. 12 Twitter…

    Wormhole hacker moves another $46M of stolen funds
    13 Feb 2023
    501 Views

    The Wormhole exploiter appears to be seeking arbitrage opportunities with Ethereum-pegged assets. The ill-gotten crypto from one of the industry’s largest exploits is on the move again, with on-chain data showing another $46 million of stolen funds has just shifted from the hacker’s wallet. The Wormhole attack was the third largest crypto hack in 2022 resulting from…