Day: 3 April 2025

North Korea’s Lazarus Group Nets $2.51M Profit After Selling Wrapped Bitcoin

North Korea’s notorious hacker collective, Lazarus Group, has reportedly made a $2.51 million profit after selling 40.78 Wrapped Bitcoin (WBTC) acquired two years ago. Blockchain analytics platform SpotOnChain revealed that a wallet linked to Lazarus Group offloaded 40.778 WBTC—worth approximately $3.51 million—in exchange for 1,847 Ethereum (ETH). The sale took ...

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South Korea Plans to Open Crypto Market to International Investors with New AML Regulations

South Korea plans to open its cryptocurrency market to international investors, involving specific anti-money laundering (AML) regulations. The country’s financial regulatory body is exploring ways to expand opportunities for global participation in the crypto market. This intention was expressed by King Sung-ji, the head of the Financial Services Commission’s crypto ...

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Galaxy Digital Partners With BitGo to Expand Staking Services

Galaxy Digital Holdings has partnered with BitGo Trust Company to enhance staking opportunities for investors while enabling staked assets to be used as collateral for financial products. The partnership combines Galaxy’s blockchain infrastructure, lending, and trading expertise with BitGo’s regulated custody solutions, offering institutional and retail investors a streamlined way ...

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U.S. Treasury Sanctions Crypto Wallets Tied to Houthi Terrorist Financing

The U.S. Treasury Department has intensified its crackdown on financial networks linked to terrorist organizations, sanctioning multiple cryptocurrency addresses associated with the Yemen-based Houthi movement. The action targets eight digital wallets allegedly used to facilitate arms procurement and evade international sanctions. According to data from blockchain forensic firms Chainalysis and ...

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