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Three members of the United States Senate have reportedly sent a letter to the White House and Treasury Department in an effort to crack down on North Korea using cryptocurrency to fund its nuclear program and evade sanctions.According to an Aug. 4 report in the Wall Street Journal, Senators Elizabeth
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The crypto space has been in an uneven state around the world, with Web3 startups flourishing in the Middle East and Asia, while North American crypto entrepreneurs face challenges under tough macroeconomic and regulatory conditions, according to Animoca Brands CEO Yat Siu. Speaking with Cointelegraph at the Collision Conference, in Toronto,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The lower house of North Carolina’s General Assembly has approved a bill that proposes the state’s Department of State Treasurer conducts a study to assess the feasibility and potential advantages of incorporating bitcoin into the state’s
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The state House of Representatives voted on the bill, with 73 out of 120 members voting in its favor, 40 members against it, and the remaining seven were absent. The lower house of the North Carolina General Assembly has passed a bill that would task the Department of State Treasurer to
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A bill that would see North Carolina’s Treasurer study the feasibility and benefits of the state holding Bitcoin (BTC) has passed the lower house of the state’s legislature.On June 28, the House passed the bill which would commission a $50,000 study to examine “acquiring, securely storing, insuring, and liquidating” both
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Atomic Wallet, a noncustodial decentralized wallet, has been hit by a staggering exploit, leading to users reporting losses of their entire cryptocurrency portfolios. This unforeseen breach has sent shockwaves through the crypto community, as Atomic Wallet’s fundamental premise relies on users assuming full responsibility for storing their assets securely. The losses
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Wallets that siphoned Atomic users' funds are connected to the known Lazarus group's addresses, crypto tracing firm said. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Elliptic identifies the movement of illicit funds from the $35 million Atomic Wallet breach to Sinbad.io, a crypto mixer with ties to North Korea’s Lazarus Group. Blockchain compliance firm Elliptic has discovered that the funds stolen in
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto exchange Binance has announced its collaboration with US law enforcement agencies, seizing $4.4 million worth of crypto assets connected to cybercrime organizations operating in North Korea. In a series of tweets on May 25, Binance
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OFAC claims that at least $2 million worth of cryptocurrencies was moved through wallets to fund North Korea’s weapon of mass destruction (WMD) programs. The Treasury’s Office of Foreign Assets Control (OFAC) says it has sanctioned several crypto wallets that have links to North Korea. According to a Tuesday statement,
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