Crypto news

Data collated by 21.co, the parent company of the world’s largest issuer of cryptocurrency exchange-traded products, 21Shares, revealed that the notorious North Korean hacking group Lazarus currently holds more than $47 million worth of crypto assets in its wallets. According to 21.co’s dashboard on Dune Analytics, Lazarus Group holds several digital assets, including bitcoin (BTC), ether (ETH), Binance Coin (BNB), Binance USD (BUSD), and Aave (AAVE). Lazarus Group Holds $47M...

Amazon intends to invest a substantial $4 billion in Anthropic, a generative AI specialist. As part of this strategic collaboration, Amazon’s cloud unit, AWS, will take on the role of Anthropic’s primary provider for crucial workloads, encompassing safety research and the development of future foundational models. Anthropic has chosen to leverage AWS Trainium and Inferentia chips for the construction, training, and deployment of its forthcoming foundation models. This...

The cryptocurrency industry is transforming significantly due to heightened government regulations, particularly in the United States. Many US-based crypto companies, especially exchanges, are considering strategies to shift their operations abroad, which includes exploring new markets and contemplating relocating entirely out of the country. In contrast, Europe has become an attractive destination for crypto firms seeking a more favorable regulatory environment. Several...

In the wake of the unfolding JPEX exchange saga, the Hong Kong Securities and Futures Commission (SFC) released a blacklist of cryptocurrency firms termed as unregulated and unlicensed. Hong Kong’s SFC pledges to intensify investor education and information dissemination initiatives, responding to growing public apprehensions concerning unregulated Virtual Asset Trading Platforms (VATPs). SFC Blacklists Crypto Companies The ombudsman’s new announcement of blacklisted crypto...

Brandon Mintz is the CEO of Bitcoin Depot, one of the largest crypto ATM firms in the world. He bought his first bitcoin in 2013, and he says a lot’s changed since then. Brandon Mintz on the World of Bitcoin ATMs At 29 years of age, Mintz wanted to see bitcoin help the “little guys” that were being cut out by the arena of mainstream finance. Right now, the company has grown to include a web of more than 6,000 machines, though he says competition is getting fierce....

David Schwartz – Chief Technology Officer of Ripple – involved himself in a dispute with the American broadcaster and filmmaker Max Keiser.  The latter described XRP as a “centralized fiat-shitcoin.” In the following lines, we will outline Schwartz’s reaction to that claim and his opinion on other speculations surrounding the blockchain enterprise and its native coin. XRP is Not Designed to Benefit the Elite Holders Schwartz took it to X (Twitter) to counter-attack on the...

Is bitcoin – the world’s number one digital currency by market cap – finally gaining mainstream traction and attention? According to two crypto analysts (Alex Mann of Time Chain and Alyse Killeen at Still Mark), the answer is a resounding “yes.” Mann and Killeen: BTC is Getting More Known In a recent interview, Mann said he thinks bitcoin is no different from any other product or service, and it’s only a matter of time before the world realizes this. He stated:...

John Deaton – an attorney representing thousands of Ripple investors involved in the legal battle against the US Securities Exchange Commission (SEC) – believes the price of bitcoin might thrive next month. Most analysts have recently predicted that BTC could indeed skyrocket in the future, but not before the halving scheduled for the spring of 2024. ‘October is Going to be Nuts’ Deaton retweeted an X post coming from the US lawyer Joe Carlasare. The latter assumed that...

Chinese tech giant Huawei refrained from unveiling its new 5G smartphone during its recent autumn season launch event. Instead, the company focused on electric vehicles, revealing its first sedan and luxury SUV. On Monday, September 25, Chinese telecommunications and tech giant Huawei remained tight-lipped about its new 5G phone featuring an advanced breakthrough. Rather than unveiling a smartphone, the company provided a glimpse of its upcoming electric vehicles, introducing its...

Seychelles-based cryptocurrency exchange HTX (formerly Huobi) has lost $7.9 million worth of ETH to a hacker, on-chain data shows. The exchange has already identified the culprit and is ordering a return of funds with the threat of legal action. As noted by blockchain security firm Peckshield, exactly 4999 ETH ($7,866,926.30) left Huobi’s wallet on Sunday at roughly 10:00 am UTC. Tron founder and Huobi advisor Justin Sun confirmed on Monday that the outbound transfer was...