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    Blockchain

    South Korean ‘Crypto Drug Dealer’ Jailed for 7 Years

    A South Korean court has sent a drug dealer who sold narcotics to crypto-paying “customers” to jail for seven years.

    North Korea Hackers’ Illicit Gains Dwindled in 2023 Despite More Attacks – Chainalysis

    Blockchain analytics and security firm Chainalysis has reported a decrease in cryptocurrency theft in 2023.

    Meme Token TRUMP Sent to Donald Trump-Branded Crypto Wallet Now Worth Over $1.1 Million

    Memecoins in a crypto wallet purportedly linked to former U.S. President Donald Trump have risen to over $1 million in just six months.

    Celsius Wallet Transfers $36M into Coinbase and FalconX Platforms – What’s Going On?

    On-chain analytics blockchain platform Lookonchain has identified a Celsius wallet making transfers to crypto exchanges.

    Brink’s Makes Strategic Investment in Cryptocurrency Custody Firm BitGo

    On January 24, Brink’s announced the partnership with BitGo, a cryptocurrency custody firm. As part of this collaboration, Brink’s will serve as BitGo’s global secure logistics and vaulting provider.

    Canadian Court Rules Government’s Freeze of Protester’s Crypto Donations Unconstitutional

    The Canadian Government’s decision to freeze digital assets and crypto donations toward protesting truckers in 2022 was deemed unconstitutional by the Canadian Federal Court.

    MailerLite Confirms Breach: $3.3M Lost in Crypto Phishing Attacks

    MailerLite has confirmed reports of the hackers gaining access to customers’ accounts that led to a calculated crypto phishing exploit targeted at popular web3 firms.

    Edward Snowden Urges Crypto Community to Fund Tornado Cash Pioneer’s Legal Defense

    Former CIA contractor and whistleblower Edward Snowden on Tuesday called for financial aid to support Tornado Cash founder Roman Storm’s legal defense.

    70% of Crypto Asset-Related Communications Violate Rules: FINRA

    The U.S. Financial Industry Regulatory Authority (FINRA) has reported that approximately 70% of crypto asset-related communications reviewed in a recent targeted exam have failed to comply with its rules.

    South Korean Tax Body Seized Crypto Worth $28.4m From ‘Tax Dodgers’ in 2023

    South Korea’s tax body last year confiscated cryptoassets worth $28.4 million from citizens who were trying to avoid paying taxes.

    UAE President Sheikh Mohamed bin Zayed Forms AI Council to Shape Future Technologies

    In another pro-tech initiative, the United Arab Emirates (UAE) President Sheikh Mohamed bin Zayed Al Nahyan has announced the creation of an Artificial Intelligence and Advanced Technology Council (AIATC).

    Socket Retrieves $2.3M in ETH Following Bungee Bridge Exploit

    Interoperable blockchain network Socket has announced the retrieval of 1,032 Ether tokens worth $2.3 million.

    South Korean Authorities Slammed for Taking Crypto Regulation ‘Baby Steps’

    South Korea’s financial regulators are taking “baby steps” while US counterparts forge ahead with rapid crypto regulation progress, a new report has claimed.

    Avalanche Foundation Unveils Eligibility Criteria Framework for Acquisition of Meme Coins

    The Avalanche Foundation has unveiled an “eligibility framework” detailing guidelines for its plan to acquire meme coins.

    Trump Doubles Down on Anti-CBDC Stance, Gives Full Credit to Ramaswamy

    Former President Donald Trump doubled down on his claim that he will “never allow” a central bank for digital currency (CBDC) during a Monday night rally in New Hampshire.

    OKB Flash Crash Wipes Out $6.5B In Minutes, OKX Vows to Reimburse Traders

    In a major crash that shocked traders, the OKB price dropped over 50% within 15 minutes on January 23, wiping out $6.5 billion in diluted market capitalization. The dramatic freefall occurred around 4:00 am EST, with the token plunging from $52.02 to $25.10 on leading exchange OKX before rapidly recovering.