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Media Reported Hamas Got Millions Via Crypto, but Elliptic Says The Data Was Misconstrued

"The most prominent public crypto fundraising campaign has been operated by Gaza Now, a pro-Hamas news organization," according to Elliptic. "However, only $21,000 in cryptocurrency has been donated since October 7th, and thanks to the efforts of crypto businesses and researchers, much of this has been frozen." Source

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Central, Northern, and Western Europe reported to be second largest crypto economy this year

In an Oct. 18 report from Chainalysis, Central, Northern and Western Europe were said to account for 17.6% of global transaction volume between July 2022 and June 2023. The only cryptocurrency economy that is said to be larger is North America. The UK takes the lead As part of growing trends for crypto

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Alphabet’s AI Lab DeepMind Cut Employee Costs by 39% in 2022, Reported Decline in Profit

Despite these financial challenges, Google, which acquired DeepMind in 2014, has committed to extending financial support to the company for at least another 12 months from September 28. DeepMind, Alphabet Inc‘s (NASDAQ: GOOGL) division responsible for developing general-purpose artificial intelligence (AI) technology, reduced employee expenses by 39% last year within its cost-cutting

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South Koreans Hold 131 Trillion Won of Digital Assets Abroad, 70% of Reported Overseas Assets: Tax Service

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a

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Crypto makes up 70% of South Korea’s reported overseas assets: Tax agency

Cryptocurrencies like Bitcoin (BTC) accounted for the largest share of South Korea’s reported overseas assets in the latest report by the country’s tax organization.South Korea’s National Tax Service (NTS) issued an official announcement on Sept. 20, stating that 1,432 individuals and corporations reported overseas accounts in cryptocurrency this year.The total

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Hurricane Idalia delays Ron DeSantis’ reported plans to accept crypto campaign donations

Florida Gov. Ron DeSantis canceled a campaign event in which he was reportedly planning to announce the acceptance of cryptocurrency contributions toward his 2024 presidential run. According to an Aug. 29 report from the Miami Herald, DeSantis canceled a cocktail-hour fundraiser for his 2024 presidential campaign in which he was expected

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SwirlLend rugs on new Coinbase layer 2 Base as large number of scammers reported

Base, Coinbase’s new layer 2, has been fully operational for a week and has already seen an influx of bad actors. In the latest incident, crypto lender SwirlLend, formerly active on Base and Linea, has apparently carried out an exit scam, otherwise known as a rug pull. PeckShield reported in a

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Canadian police reported using Chainalysis Reactor to trace crypto crimes

Canadian law enforcement has started using specialized software to trace crypto while investigating cybercrimes. Police now have the ability to trace blockchain transactions, identify suspects and determine where funds have been deposited. As revealed by the local policeman to the Lethbridge Herald newspaper, the police forces are already enjoying access to

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Binance’s top strategist departs company amid reported US exec resignations

Binance's chief strategy officer Patrick Hillmann has confirmed he is leaving the crypto exchange amid reports that other top executives in the United States have been departing as a result of a Department of Justice (DOJ) investigation.On July 6, Patrick Hillmann tweeted "I am leaving [Binance], but I’m doing so

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