May 19, 2024

Confidential UN Report Exposes Lazarus Group’s $147.5M Stolen Crypto Transfer to North Korea

A confidential United Nations report obtained by Reuters reveals that North Korea’s notorious cybercriminal group known as the Lazarus Group transferred millions of stash of stolen cryptocurrency back to the Asian country last year. In March 2023, these North Korean hackers illicitly took $147.5 million worth of cryptocurrency from HTX, a crypto exchange owned by...
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Ontario’s ‘Crypto King’ Arrested in Alleged $30 Million Ponzi Scheme

Ontario’s self-styled ‘Crypto King,’ Aiden Pleterski, was arrested and accused of fraud and money laundering related to an alleged Ponzi scheme following one of the most extensive fraud investigations the region has witnessed. The 25-year-old, along with his associate, 27-year-old Colin Murphy, allegedly stole approximately $30 million from unsuspecting victims. Crypto King’s Arrest The charges...
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$25 Million Crypto Heist in 12 Seconds: MIT Siblings Charged with Cyber Fraud

Two siblings who attended the Massachusetts Institute of Technology (MIT) are now facing allegations of exploiting a vulnerability in the Ethereum blockchain. The duo reportedly swindled $25 million within 12 seconds, which the prosecutors labeled as a first-of-its-kind caper. If convicted, both of them could potentially serve sentences exceeding 20 years in prison. Anton Peraire-Bueno,...
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PawFury(PAW), Shiba Inu (SHIB), Solana (SOL) Top 3 Cryptocurrencies to Invest in 2024

In 2024, thousands of opportunities continue to open up for investors in the cryptocurrency market. By this time, experienced participants are looking for the most profitable tokens that can be invested. Since the giants – Bitcoin and Ethereum – have long since taken a significant percentage of the entire market, in this part, the authors...
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Bitcoin Selling Pressure Subsides as Demand Stabilizes: CryptoQuant

The price of bitcoin (BTC) has surged past the $60,000 level to the $67,000 zone due to news of a lower-than-expected inflation rate in the United States. According to the latest CryptoQuant weekly report, bitcoin’s latest rally has also been sustained by a recent decline in selling pressure. However, demand for the cryptocurrency has yet...
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These Traditional Finance Giants Bought Bitcoin ETFs Last Quarter

Bitcoin keeps touching new levels of adoption in the real world, with traditional finance (TradFi) firms embracing the digital asset at a remarkable pace. The significant investment in spot Bitcoin exchange-traded funds (ETFs) signifies growing institutional interest in crypto assets. Last quarter, a staggering number of U.S. banks, investment managers, hedge funds, and professional firms...
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25 Fastest Blockchain Networks Revealed, Bitcoin and Ethereum Not in Top 15: CoinGecko

By examining the processing speed of the largest blockchain networks in terms of total value locked on DeFiLlama, CoinGecko outlined the fastest based on the actual and realized transactions-per-speed (TPS) metric. The report concluded that Solana leads the way, followed by Sui and the Binance Smart Chain. Interestingly, Ethereum and Bitcoin are not even in...
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Here’s Why Investors Shouldn’t Get Emotional Over Spot Bitcoin ETF Inflows and Outflows: Analyst

Spot Bitcoin ETFs have become a key part of the entire cryptocurrency ecosystem in just four months after they went live on US financial markets. However, Bloomberg’s ETF specialist – Eric Balchunas – explained that people should not get too carried away when they see notable changes in the short-term flows. May Covers April Losses...
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Bitcoin (BTC) $ 98,627.43 0.83%
Ethereum (ETH) $ 3,343.80 0.96%
Tether (USDT) $ 1.00 0.02%
Solana (SOL) $ 258.75 0.53%
BNB (BNB) $ 662.53 5.23%
XRP (XRP) $ 1.55 12.48%
Dogecoin (DOGE) $ 0.45942 16.73%
Cardano (ADA) $ 1.09 26.52%
USDC (USDC) $ 1.00 0.00%
Lido Staked Ether (STETH) $ 3,342.25 0.92%