Hamas-linked Crypto Addresses of Gaza Now Jointly Sanctioned by US, UK

Gaza Now’s Inflows

Hamas-linked Crypto Addresses of Gaza Now Jointly Sanctioned by US, UK

Both the US and the UK foreign sanctions bodies have targeted online media outlet Gaza Now for aiding Hamas fundraise $21,000 in crypto. Gaza Now has been promoting crypto donation cam...

5 months ago

SWIFT declares second sandbox connector tests a success for CBDC and more

Having shown the application of its connector in complex use cases, SWIFT will continue to increase the connector’s functions.

SWIFT declares second sandbox connector tests a success for CBDC and more

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging network has released the results of the second phase of sandbox testing for its central bank digital currency (C...

5 months ago

Munchables hacker returns $62.8M Ether without ransom

On March 27, 4:40 am UTC, Munchables identified the hacker as one of its developers. An hour of negotiations led to the former developer agreeing to return the hacked funds.

Munchables hacker returns $62.8M Ether without ransom

It took nearly eight hours for the Munchables hacker — a Munchables developer — to have a change of heart and return $62.8 million worth of Ether stolen in an exploit ...

5 months ago

Bakkt declares $780M full-year revenue in 2023 earnings report

Andy Main, Bakkt’s incoming president, said the company’s strengthened balance sheet erases previous doubts about its ability to continue.

Bakkt declares $780M full-year revenue in 2023 earnings report

Crypto custody and trading company Bakkt has published its quarterly report, recording a full-year total revenue of $780.1 million for 2023. Bakkt said that in the fourth quarter of 20...

5 months ago

Galaxy Digital reports $296M net income in 2023 after $1B loss in 2022

The firm attributed the change in fortune to the changing market conditions from bearish to bullish, with AUM nearly doubling in the first two months of 2024.

Galaxy Digital reports $296M net income in 2023 after $1B loss in 2022

Digital asset management firm Galaxy Digital has 

5 months ago

HSBC Launches Gold Token Service for Retail Investors in Hong Kong

HSBC’s Orion Platform Facilitates Retail Gold Token Launch

HSBC Launches Gold Token Service for Retail Investors in Hong Kong

Banking giant HSBC is now allowing retail investors in Hong Kong to buy real gold through digital tokens. HSBC’s new gold investment is available through the bank’s online ...

5 months ago

Pennsylvania State, Crypto Miner Sued for Polluting Environment

From Burning Tires to Greener Ways

Pennsylvania State, Crypto Miner Sued for Polluting Environment

Pennsylvania state has failed to protect its residents from a crypto mining rig’s carbon dioxide emission, a court filing read. On Tuesday, a Pennsylvania environmental NGO &ndas...

5 months ago

Elliptic: Lazarus Group taps Tornado Cash to launder Heco Bridge, HTX hack proceeds

North Korea’s hacker organization Lazarus is using Tornado Cash again despite U.S. sanctions against the popular cryptocurrency mixer.

Elliptic: Lazarus Group taps Tornado Cash to launder Heco Bridge, HTX hack proceeds

Blockchain analytics startup Elliptic reported on March 14 that Lazarus funneled $12 million into the Ethereum-based crypto tumbler. The funds, denominated in Ether (ETH), originated f...

5 months ago

OFAC targets Hezbollah-linked crypto financier to disrupt Iran’s terror funding

OFAC has sanctioned entities aiding IRGC-QF, Houthis, and Hezbollah, targeting financial networks, including Lebanese money exchanger Tawfiq Muhammad Sa’id al-Law.

OFAC targets Hezbollah-linked crypto financier to disrupt Iran’s terror funding

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions against six entities, one individual, and two tankers from Liberia, India, Vietnam, Leba...

5 months ago

SEC Seeks $1.95B Fine in Final Judgment Against Ripple

The U.S. Securities and Exchange Commission (SEC) has asked a New York judge to impose a nearly $2 billion fine against Ripple Labs, according to court filings.

SEC Seeks $1.95B Fine in Final Judgment Against Ripple

On Monday, Stuart Alderoty, Ripple Labs’ chief legal officer, 

5 months ago

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