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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.

Investors Should ‘Seriously Consider’ Selling Some Crypto, says Ripple CTO as Bitcoin Tops $64,500
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Investors Should ‘Seriously Consider’ Selling Some Crypto, says Ripple CTO as Bitcoin Tops $64,500

As many cryptocurrencies have undergone a bull run on the back of Coinbase’s direct listing, Ripple Chief Technology Officer David Schwartz has remarked that investors should liquidate some of their cryptocurrency holdings, particularly if they have a sizeable amount.

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

Ethereum Could be Bigger Than Bitcoin by Market Cap in 10 Years, says Raoul Pal
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Ethereum Could be Bigger Than Bitcoin by Market Cap in 10 Years, says Raoul Pal

Although Pal still believes that Bitcoin is the perfect collateral layer, he believes Ethereum may overtake Bitcoin by market cap in 10 years.

Bitcoin Set to End the Year with a Bang With Biggest Monthly Gain Since May 2019
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Bitcoin Set to End the Year with a Bang With Biggest Monthly Gain Since May 2019

Bitcoin is on track for its biggest monthly gain since May 2019.

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.

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

Russian PM Considers Digital Assets for Cross Border Payment
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Russian PM Considers Digital Assets for Cross Border Payment

Mikhail Mishustin, the Prime Minister of Russia, has hinted at the need to incorporate digital assets into the country’s economy as a way to ensure sustainable payment for goods and services in international trade.

Crowd Sentiment towards Crypto Turns Bearish as Inflation Data Looms
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Crowd Sentiment towards Crypto Turns Bearish as Inflation Data Looms

The crypto market has not yet been able to find the right footing based on tightened macroeconomic factors and Russia’s invasion of Ukraine.

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

Oracle Red Bull Racing Streaks Ahead
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Oracle Red Bull Racing Streaks Ahead

Transcending Worlds: Oracle Red Bull Racing and Partners Make History Oracle Red Bull Racing and Partners create perfect storm of creativity, innovation, and passion

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