June 2024 - Page 2 Of 4

Zoth protocol security breach illustration showing stolen crypto assets

North Korea Used $3 Billion of Stolen Crypto to Develop Weapons of Mass Destruction, Report Says

June 25, 2024 Paulo

A UN report reveals North Korean hackers stole $3 billion in cryptocurrency over seven years, using the funds to develop weapons of mass destruction.

Courtroom scene with judge and defendant

Auto DraftMan Jailed 2 Years for Identity Fraud in Crypto Exchange Sign-UpsAuto Draft

June 24, 2024 Paulo

An Australian man was sentenced to two years in prison for using fake documents to create cryptocurrency accounts and commit identity fraud.

A representation of USDT surpassing Bitcoin in Latin American crypto trades.

USDT Surpasses Bitcoin in Popularity Among Latin American Crypto Traders, Says KaikoAuto Draft

June 22, 2024 Paulo

Over 40% of crypto trades in Latin America involve USDT, surpassing Bitcoin and even XRP, according to Kaiko’s latest data on trading preferences.

3iQ files preliminary prospects for Solana ETP on Toronto Stock Exchange

Canadian Digital Asset Manager 3iQ Files Preliminary Prospects for First Solana ETP

June 21, 2024 Paulo

3iQ, a Canadian digital asset manager, has filed for the first Solana exchange-traded product (ETP) in North America, pending regulatory approval.

Coinbase ad campaign targeting Latino voters, promoting crypto for money transfers.

Coinbase Aims $2 Million Crypto Ad Campaign at Latino Voters Across US

June 21, 2024 Paulo

Coinbase’s $2 million ad campaign targets Latino voters, promoting crypto for overseas money transfers with no fees using USD Coin on the Coinbase Wallet app.

Kraken trading interface showing stocks and ETFs alongside cryptocurrencies

Kraken Recovers $3 Million from Certik Following Bounty Fiasco

June 20, 2024 Paulo

Kraken recovers $3 million stolen by Certik employees who exploited a bug vulnerability and demanded a bounty. Kraken confirmed no user funds were lost.

Singapore and UAE rank as the most crypto-obsessed countries in global crypto adoption report

Singapore Raises Concern Over Digital Payment Token Service Providers in New Report

June 20, 2024 Paulo

Singapore’s updated NRA report raises concerns about digital payment token service providers and highlights increased money laundering vulnerabilities.

Image of Bitcoin mining equipment illustrating the decline in Bitcoin miner reserves.

Bitcoin Miner Reserves Drop to 1.90M BTC, Lowest Level in Over 14 Years

June 20, 2024 Paulo

Bitcoin miner reserves fall to 1.90M BTC, the lowest since 2010, due to halving events and strategic shifts, despite fiat value nearing all-time highs.

Orcel, CEO of UniCredit, speaking at a conference about Digital Euro

UniCredit CEO Supports Digital Euro Central to Role of Banks

June 19, 2024 Paulo

UniCredit CEO Andrea Orcel endorses the digital euro, emphasizing that banks must retain their central role in its implementation and operation for its success.

Image depicting North Dakota's regulatory ban on Binance.US operations.

North Dakota Joins List of US States Banning Binance’s Operations

June 19, 2024 Paulo

North Dakota withdraws Binance.US’ money transmission license, joining six other US states in regulatory action against the cryptocurrency exchange.

Month: June 2024

North Korea Used $3 Billion of Stolen Crypto to Develop Weapons of Mass Destruction, Report Says

Auto DraftMan Jailed 2 Years for Identity Fraud in Crypto Exchange Sign-UpsAuto Draft

USDT Surpasses Bitcoin in Popularity Among Latin American Crypto Traders, Says KaikoAuto Draft

Canadian Digital Asset Manager 3iQ Files Preliminary Prospects for First Solana ETP

Coinbase Aims $2 Million Crypto Ad Campaign at Latino Voters Across US

Kraken Recovers $3 Million from Certik Following Bounty Fiasco

Singapore Raises Concern Over Digital Payment Token Service Providers in New Report

Bitcoin Miner Reserves Drop to 1.90M BTC, Lowest Level in Over 14 Years

UniCredit CEO Supports Digital Euro Central to Role of Banks

North Dakota Joins List of US States Banning Binance’s Operations

Solana Community Proposes Faster Inflation Cut With New SIMD-0411 Plan