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US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft
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US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft

Two Chinese nationals, Tian YinYin and Li Jiadong were sanctioned yesterday by the US Government yesterday for their alleged involvement in laundering stolen cryptocurrency from a 2018 cyberattack. The pair have been charged with stealing nearly $250 million in virtual assets and laundering the money through converting BTC to USD and Chinese Yuan as well as through iTunes gift cards.

Marathon Digital Generated 184 BTC in Aug, Total Holding 10,311 BTC
blockchain

Marathon Digital Generated 184 BTC in Aug, Total Holding 10,311 BTC

Marathon Digital stated that as of August 31, 2022, it holds 10,311 BTC, with a total value of $206.7 million, and produced 184 BTC in that month.

S. Korean Regulators Oppose Busan's Regulatory Measures for Foreign Crypto Exchanges
blockchain

S. Korean Regulators Oppose Busan's Regulatory Measures for Foreign Crypto Exchanges

South Korean financial authorities expressed their opposite stance against Busan City to provide special regulatory support for partners to establish digital asset exchanges.

CEO Jack Dorsey On Why the Future of Twitter Lies in Blockchain
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CEO Jack Dorsey On Why the Future of Twitter Lies in Blockchain

Twitter CEO Jack Dorsey discussed Bitcoin and how blockchain technology can be leveraged to counter security breaches in an increasingly digital world.

Over 81% Helium Community Approves Migration to Solana Blockchain
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Over 81% Helium Community Approves Migration to Solana Blockchain

Helium developers proposed the migration to help scale the blockchain through more efficient transactions and interoperability.

Binance Completes 21st Quarterly BNB Burn With $548M BNB Destroyed
blockchain

Binance Completes 21st Quarterly BNB Burn With $548M BNB Destroyed

Following its quarterly burn, the Binance (BNB) Chain has successfully eliminated $548 million worth of BNB; however, the market remains unaffected.

Stablecoin USDC Issuer Circle Launches Verit-based Institutional Digital Identity System
blockchain

Stablecoin USDC Issuer Circle Launches Verit-based Institutional Digital Identity System

On October 1, Circle, the US dollar stablecoin USDC issuer, announced the launch of an institutional digital identity system based on Verit, an open source framework for the issuance, custody and verification of decentralized identity credentials.

Shiba Inu Rises 13% as Robinhood Petition Passes 300,000
blockchain

Shiba Inu Rises 13% as Robinhood Petition Passes 300,000

Shiba Inu rose 13% following an uproar for Robinhood Markets Inc to add the token to its platform. The token has gained more than 40 million % over the past year.

Ethereum 2.0’s Launch Is 2 Weeks Away, but Only 18% of ETH Has Been Staked
blockchain

Ethereum 2.0’s Launch Is 2 Weeks Away, but Only 18% of ETH Has Been Staked

With Ethereum 2.0’s first phase (Phase 0) set to launch on December 1, it appears that there is still a lot of Ether (ETH) missing for the upgrade to happen.

Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO
blockchain

Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO

One of China’s largest bitcoin mining hardware makers, Canaan Creative, publicly filed for a U.S. IPO on Monday, The Block Reports.

Krafton Partners with Solana Labs to Develop blockchain-based Games
blockchain

Krafton Partners with Solana Labs to Develop blockchain-based Games

Game developer for PC and mobile devices Krafton partners with Solana Labs to develop blockchain-based games and services in the Metaverse world.

South African Reserve Bank to Strictly Regulate Cryptocurrency in 2020
blockchain

South African Reserve Bank to Strictly Regulate Cryptocurrency in 2020

The South African Reserve Bank (SARB) is planning on introducing new regulations on cryptocurrency, which according to Kuben Naidoo, SARB deputy governor, will be fully implemented and enforced in the first quarter of 2020 and it brings to an end a deliberation that started since 2014.

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