March 26, 2024 at 05:09AM The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on three cryptocurrency exchanges for aiding in circumventing economic restrictions on Russia following its invasion of Ukraine. The designations cover thirteen entities and two individuals operating in the Russian financial services and technology sectors, freezing their … Read more
February 9, 2024 at 12:26AM The Reserve Bank of India announced plans to make its digital currency programmable and capable of offline use. This follows the successful launch of the CBDC retail pilot, enabling various transactions. The new functions will be gradually introduced through pilot programs. The RBI also outlined scenarios for the programmable digital … Read more
February 2, 2024 at 10:33AM Belarusian and Cypriot national, Aliaksandr Klimenka, has been indicted in the U.S. for his involvement in cybercrime operations. The indictment alleges his control of BTC-e, Soft-FX, and FX Open and facilitation of transactions related to various cybercrimes. Klimenka, 42, now faces charges of money laundering conspiracy and operating an unlicensed … Read more
December 4, 2023 at 10:07AM North Korean state-sponsored hackers reportedly stole over $3 billion in cryptocurrency, according to Recorded Future. SecurityWeek reported on the theft. Clear Takeaway from Meeting Notes: North Korean state-sponsored hackers have been reported to have acquired over $3 billion through cryptocurrency theft, as per findings published by Recorded Future. This significant … Read more