Our Community

Investment in digital assets reached US$117 million in the week ending Jan. 27 — the highest since July 2022 — with nearly all of that going into Bitcoin, according to the Digital Asset Fund Flows report from European cryptocurrency investment firm CoinShares. Last week’s increase is still a long way…

The South Korean Ministry of Justice (MOJ) announced Thursday that it will adopt a cryptocurrency tracking system within the first half of 2023 to clamp down on money laundering and improve its ability to claw back criminal proceeds. The ministry intends to use the system to monitor and probe crypto…

The U.S. Justice Department announced Thursday the results of a months-long operation with the Federal Bureau of Investigation that actively disrupted the activities of the Hive ransomware group, which the agency says had targeted hospitals, schools, and banking in over 80 countries. “Last night, the Justice Department dismantled an international…

Bitcoin is flirting with its first back-to-back drop since the start of the year following a poor revenue outlook from technology bellwether Microsoft Corp. that dented wider investor sentiment. The largest token fell as much as 2.5% and was trading at about $22,380 as of 9:26 a.m. in Singapore on…

A pair of North Korean hacker groups were behind the June theft of $100 million in crypto assets from Horizon Bridge, the Federal Bureau of Investigation (FBI) said in a Monday statement. Horizon Bridge, a service enabling crypto assets to be traded between the Harmony blockchain and other blockchains, was…

Two hacker groups associated with North Korea, the Lazarus Group and APT38, were responsible for the theft last June of $100 million from U.S. crypto firm Harmony’s Horizon bridge, the Federal Bureau of Investigation said on Monday. On Jan. 13, the groups used a privacy protocol called Railgun to launder…

Countries riddled with inflation are always seeking alternative means to safeguard their money from devaluing currencies. Crypto exchange Binance capitalized on this trend last year, largely because of its easy accessibility for retail investors in these markets, according to a 2022 report from CryptoCompare, which tracks digital asset trends. Binance…

After dipping early Thursday, bitcoin surged back to its most recent foothold comfortably above $21,000. The largest cryptocurrency by market capitalization was recently trading at about $21,190, up 1.6% over the past 24 hours, as investors shrugged off the latest fallout from disgraced crypto exchange FTX and conflicting economic data…

The founders of a bankrupt crypto hedge-fund firm are seeking to launch an exchange where creditors to insolvent digital-assets firms, including their own, would be able to buy and sell claims. Su Zhu, a co-founder of the bankrupt crypto hedge-fund manager Three Arrows Capital Ltd., said that he and others…