Cryptocurrency

North Korea Steals $3.6 Billion In Crypto Assets 1

North Korea Steals $3.6 Billion In Crypto Assets

According to monitors, North Korea has stolen $3.6 billion in crypto assets from cryptocurrency companies between 2017 and 2024, with $147.5 million stolen through the virtual currency platform Tornado Cash in March alone. According to private work by UN sanctions monitors reviewed by Reuters on Tuesday, North Korea laundered $147.5

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Could Cryptocurrencies Become As Reliable As Gold? 1

Could Cryptocurrencies Become As Reliable As Gold?

When asked about the potential reliability of cryptocurrencies compared to gold, Paul Goncharoff, chief manager of Goncharoff LLC, expressed uncertainty about whether Bitcoin will become as stable as gold. This month, the prices of Bitcoin (BTC) and gold have both reached all-time highs. The value of an ounce of gold

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Hong Kong Set To Become Crypto Trading Hub

According to a report by Nikkei, Hong Kong is set to become a crypto trading hub with the commencement of applications for licenses to operate trading platforms and exchanges. After years of brutal crackdowns, crypto trading is coming back to China… or at least Hong Kong for now. On Thursday,

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Russia Sees Crypto As ‘Necessary Evil’

Deputy Finance Minister Aleksey Moiseev said that he and the Bank of Russia see crypto as a ‘necessary evil’. Russia’s Finance Ministry has warned about the dangers of investing in cryptocurrencies, although it acknowledged that digital assets could be useful in certain situations. Deputy Finance Minister Aleksey Moiseev described cryptocurrencies

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