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North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils

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The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. poročilo. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for crypto theft,…

Global Digital Cluster Coin (GDCC) Is Now Available on LBank Exchange

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SPOROČILO ZA JAVNOST. Menjalnica LBank, globalna platforma za trgovanje z digitalnimi sredstvi, has listed Global Digital Cluster Coin (GDCC) on January 27, 2023. Za vse uporabnike LBank Exchange, the GDCC/USDT trading pair is now officially available for trading. With its new-age protocol…

Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day

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In a new directive to financial institutions, the Central Bank of Nigeria (CBN) said individuals can now only withdraw an equivalent of just under $222 per week while corporates can only withdraw cash not exceeding $1,111 during the same period. The…

UK Bank Starling Blocks Payments to Crypto Platforms — Claims Crypto Is High Risk, Heavily Used for Criminal Purposes

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Starling Bank has informed its customers that the bank no longer supports fund transfers to cryptocurrency platforms, including crypto exchanges. The bank stated that cryptocurrencies “are high risk and heavily used for criminal purposes and, as such, we no longer support…

New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels

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A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be able to expand or renew their permits for the next two…

Russian IT Firms Lobby for Crypto Payments in Software Exports

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Companies developing software solutions for foreign customers are urging Russian authorities to allow them to accept crypto payments. The proposal is part of a package of measures aimed at supporting IT exports suggested by an industry organization to the executive power…

Russia and Turkey to Collaborate on Combating Crime-Related Crypto Transactions

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Law enforcement and judicial authorities from Russia and Turkey are joining forces in the fight against cybercrime, including the use of cryptocurrencies for illegal purposes. The collaboration has been agreed upon during a visit by Russia’s Prosecutor General to Ankara. Rusija,…

US Charges Russians, Venezuelans for Sanctions Evasion Using Cryptocurrency

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A group of Russian and Venezuelan nationals have been charged by U.S. authorities for their roles in a scheme to circumvent Western sanctions and launder money on a global scale. They have been accused of obtaining military technologies from American companies,…

Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions

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Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFT-ji) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities. NFT Platform…