[ad_1] The North Korean cybercrime operator APT43 is using cloud computing to launder cryptocurrency, a report from cybersecurity service Mandiant has found. According to the researchers, the North Korean group uses “stolen crypto to mine for clean crypto.”Mandiant, a Google subsidiary, has been tracking the North Korean Advanced Persistent Threat (APT) group since 2018 but has only now “graduated” the group to an independent identity. Mandiant characterized the group as
[ad_1] The price of Bitcoin (BTC) fell 3.6% to $26,900 after Binance and CEO Changpeng "CZ" Zhao were sued by the United States Commodity Futures Trading Commission (CFTC) on March 27. To date, Binance has been investigated by the CFTC, the US Securities and Exchange Commission (SEC), the Internal Revenue Service and federal prosecutors.The Bitcoin price correction may have been limited due to Silicon Valley bank’s successful asset sale to
[ad_1] USD Coin (USDC) will soon be available in the Cosmos ecosystem via the Noble network (STAKE), according to a blog post from the Noble development team. The post was shared on Twitter by USDC issuer Circle.We're excited to bring USDC to @Cosmos! USDC is expected to launch on @noble_xyz soon, stay tuned for details. #IBC https://t.co/eqU8wno43F— Circle (@circle) March 28, 2023 Neither Circle nor Noble gave out a specific
[ad_1] The United States Senate Banking Committee held a hearing March 28 on the regulatory response to recent bank failures. Officials from the Federal Deposit Insurance Corporation (FDIC), Federal Reserve and Treasury testified. FDIC chair Martin Gruenberg spoke about the causes of the failures of Silicon Valley Bank (SVB) and Signature Bank, including the role of digital assets, and the agency’s responses to the crisis.High levels of uninsured deposits and
[ad_1] With the rise of Ordinals on Bitcoin (BTC) sparking debate over how users should store their NFTs and blockchain gaming projects searching for cheaper, secure ways to store data, it’s time to revisit the discussion surrounding decentralized storage coins.Decentralized storage protocols Filecoin (FIL) and Arweave (AR) show similar price action, leaving investors with a decision between the underdog showing signs of increased adoption by NFT users and blockchain gaming
[ad_1] The European Banking Federation (EBF) has released a paper detailing its vision for the digital money ecosystem of the future, and the retail digital euro in particular. The carefully worded paper expressed values and concerns about the digital euro from the perspective of commercial banks. The paper, released on March 28, emphasized the bank's values, such as stability and privacy. It called for closer public-private partnership in the introduction of
[ad_1] This week on The Market Report, our beloved host, Joe Hall, and insightful expert Sam Bourgi, unfortunately, could not make it, but don’t worry because Marcel Pechman is here to breakdown everything that is happening between the United States Commodities Futures and Trading Commission, Binance and Changpeng “CZ” Zhao.Breaking: Binance and CZ sued by CFTC over US regulatory violationsThe U.S. CFTC has filed suit against Binance and CEO CZ for
[ad_1] An Irish dairy farmer has found an unusual way to make use of the excess energy produced on his farm — by turning to Bitcoin (BTC) mining. Tom Campbell, who runs a farm in County Armagh, Northern Ireland, produces renewable energy using a method called anaerobic digestion. This involves breaking down biodegradable material to a point where it creates methane gas, which can be used to produce electricity.Campbell primarily
[ad_1] Cointelegraph has released Episode 8 of its Crypto Trading Secrets podcast, featuring an interview with trader, investor, podcaster and YouTuber Chris Dunn, who touts experience in mainstream markets as well as about 10 years of activity in the crypto space. The trader and investor answered questions asked by host Benjamin Pirus during the episode’s March 14 recording, giving his opinions on the role Bitcoin (BTC) plays as an asset
[ad_1] On March 28, Canadian investment firm Galaxy Digital, operated by blockchain personality Mike Novogratz, disclosed that it had achieved a preliminary pre-tax income of $150 million from Jan. 1, 2023, to March 24, 2023. The results followed a $1 billion net loss in 2022, which was largely attributed to a $659 million unrealized loss on digital assets and a $496 million unrealized loss on investments. As told by Novogratz:"2022 was
