The son of the former CEO of Mitsubishi Electric has been arrested in a violent crypto robbery and kidnapping case in Japan – which saw a crypto holder allegedly confined and beaten over period of 20 days.
The Securities and Exchange Commission (SEC) has said it intends to sue Paxos Trust Company, a regulated New York-based firm that issues several popular stablecoins.
South Korean and United States intelligence agencies have warned that Pyongyang-based hackers are trying to hit “major international institutions” with ransomware attacks. But experts say that “overlapping sanctions” could help Seoul and Washington thwart North Korean cyber thieves.
Russian commercial banks will lose $684 million a year if the nation’s Central Bank launches a central bank digital currency (CBDC), experts have claimed.
China has launched a state-backed research center dedicated to exploring blockchain’s potential and achieving core technological breakthroughs related to the technology.
Su Zhu and Kyle Davies, the two founders of now-bankrupt crypto hedge fund Three Arrows Capital, has launched a new platform for trading in crypto-related bankruptcy claims.
Police in Abkhazia have confiscated 396 crypto mining rigs in the space of just 48 hours – as the de facto state continues its battle against illegal miners. The government has blamed illegal miners for crippling power shortages and rolling blackouts that have left thousands without electricity.
The US-based crypto exchange Kraken is in hot water with regulators over an alleged violation of securities rules related to the selling of “unregistered securities.”
Elizabeth Warren, the Democratic Senator who is known as a fierce crypto critic, is now part of an effort by lawmakers to learn more about the energy use of crypto mining.