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

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.

Lazarus Group Circumvents Sanctions, Launders $12M Via Tornado Cash

Lazarus Group Circumvents Sanctions, Launders $12M Via Tornado Cash

North Korea's Lazarus Group has reportedly resumed laundering stolen cryptocurrency through Tornado Cash, circumventing international sanctions.

Binance employs Trump audit company to check crypto reserves

Binance employs Trump audit company to check crypto reserves

Mazars audits Binance's proof-of-reserve (PoR). Mazars' U.S. branch was Donald Trump's longstanding accounting firm. The accounting company is apparently evaluating all of Binance's publicly posted Bitcoin PoR information and will validate future upgrades and tokens.

Blazar Token Scam: Former New Jersey Corrections Officer Charged by SEC

Blazar Token Scam: Former New Jersey Corrections Officer Charged by SEC

Former New Jersey State Correctional Police Officer John A. DeSalvo has been charged with fraudulently raising funds through the unregistered offering of the Blazar Token, a crypto asset security. The token, which collapsed in May 2022, was marketed as a replacement for state pension systems. DeSalvo misused investor funds, transferring a large portion to his personal wallets.

Polygon (MATIC) Labs and Courtyard.io Launch Onchain Auction for Iconic Charizard Card

Polygon (MATIC) Labs and Courtyard.io Launch Onchain Auction for Iconic Charizard Card

Polygon (MATIC) Labs and Courtyard.io are hosting an onchain auction for a PSA 10-graded Charizard Pokémon card, marking a significant advancement in the tokenization of physical collectibles.

Bybit Hack: Lessons from the Largest Cryptocurrency Theft in History

Bybit Hack: Lessons from the Largest Cryptocurrency Theft in History

A detailed analysis of the Bybit hack, the largest crypto theft, revealing vulnerabilities and challenges in the cryptocurrency industry. North Korea's Lazarus Group is suspected of executing the $1.46 billion heist.

GeForce NOW Expands Cloud Gaming with Classic Blizzard Titles

GeForce NOW Expands Cloud Gaming with Classic Blizzard Titles

GeForce NOW adds Blizzard's iconic games, including 'Heroes of the Storm' and 'Warcraft: Remastered,' to its cloud streaming service, enhancing gaming experiences.

Bybit and Glassnode Analyze Resilience Post-Lazarus Hack

Bybit and Glassnode Analyze Resilience Post-Lazarus Hack

Bybit and Glassnode report on the February 2025 Lazarus hack, assessing market resilience and recovery across BTC, ETH, and SOL, highlighting exchange flows and investor behavior.

Stellar (XLM) Network Welcomes ZARC Coin, a Rand-Pegged Digital Asset

Stellar (XLM) Network Welcomes ZARC Coin, a Rand-Pegged Digital Asset

TD Markets Exchange introduces ZARC Coin, a digital asset pegged to the South African Rand, on the Stellar (XLM) network, enhancing global payment solutions.

Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group

Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group

Multinational cybersecurity provider Kaspersky has announced that the notorious North Korean crypto criminal group, Lazarus, is planning on releasing a new ransomware.

Avalanche Foundation Unveils its $200M Ecosystem Fund

Avalanche Foundation Unveils its $200M Ecosystem Fund

The Avalanche Foundation has unveiled its plans to fuel the growth of its ecosystem through Blizzard, a $200 million fund secured from its partners.

US Intelligence Reveals Extent of North Korea’s “Hidden Cobra” Crypto-Dependent Cyber Crimes

US Intelligence Reveals Extent of North Korea’s “Hidden Cobra” Crypto-Dependent Cyber Crimes

US Intelligence Reveals Extent of North Korea’s “Hidden Cobra” Crypto-Dependent Cyber Crimes

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