As the use of cryptocurrency continues to grow in popularity, Venezuelan banks have increased their efforts to monitor accounts that are frequently associated with cryptocurrency transactions. In a recent blog post, Legalrocks, a Venezuelan law firm specializing in...
On December 27, cybersecurity firm Kaspersky Lab announced that the North Korean hacking group BlueNoroff had successfully stolen millions of dollars in cryptocurrencies. The group, which has been active for several years, was able to carry out this...
Argo Blockchain, a Bitcoin mining company, has announced that it will not have to file for bankruptcy protection thanks to a deal with Galaxy Digital. The London-based firm has agreed to purchase Argo's Helios mining facility in Dickens...
Sam Bankman-Fried, the former CEO of the now-bankrupt FTX crypto empire, was extradited from the Bahamas to the U.S. this week to face fraud charges and the illegal movement of customer funds. After his extradition was approved on...
OKX, a cryptocurrency exchange known for its high trading volume, has just released its second Proof-of-Reserves (PoR) report. This report allows users to verify that OKX has sufficient assets to cover customer withdrawals. According to the report released...
The United States Securities and Exchange Commission (SEC) has announced plans to increase oversight of audit firms that work with cryptocurrency companies. In an interview with the Wall Street Journal, Paul Munter, the SEC's acting chief accountant, warned...
Sam Bankman-Fried (SBF), the founder of the now-bankrupt cryptocurrency exchange FTX, has finally arrived in the US. He is set to appear in a New York City court later today, where he will face charges that could result...
The cryptocurrency market has remained stagnant, with Bitcoin stuck below the $17,000 mark and showing minimal movement. Earlier this week, Bitcoin experienced a significant correction as its value plummeted to a three-week low of $16,300, and this trend...
On December 12, 2022, Samuel Bankman-Fried (SBF), the former CEO of the now-bankrupt FTX Group, a cryptocurrency derivatives exchange, was arrested in the Bahamas. This news came just one day before he was set to testify before the...
Social Coop Limited, a company closely associated with Mask Network, a decentralized protocol that enables users to send encrypted messages and cryptocurrency payments through social media, has announced the acquisition of Pawoo.net, one of the biggest servers on...
