Feb 26 2024
Kürşat was extradited from Italy, where he was arrested on New Year’s Eve. He is accused of providing legal counsel to Gary Robb, a British national, who was convicted of fraud in 2011. The court released him on bail after he pledged a 75,000 euros (US$80,685) bond. The Greek Cypriot owners of those properties were …
Feb 26 2024
The sanctions were imposed against 106 individuals and 88 entities responsible for perpetuating what the Council of the EU described as an illegal, unprovoked, and unjustified war of aggression. Those designated will be subject to an asset freeze, while EU citizens and companies are now prohibited from providing funds to them. The EU is “further …
Feb 25 2024
The Financial Conduct Authority (FCA) has issued 450 warnings to companies unlawfully promoting cryptocurrency assets. The regulatory agency is currently collaborating with technology firms to eliminate and block unauthorized advertisements across various platforms like websites, mobile apps, and social media accounts. This effort led to the removal of 35 apps from App Stores by the …
Feb 25 2024
Large entities’ total bitcoin (BTC) holdings have grown to a level last seen in July 2022 due to their unwavering accumulation of the digital asset. Analysts said large investors expanding their holdings correlate with BTC’s higher prices as they indicate increasing demand for investment purposes. Some large entities accumulating BTC are the new spot Bitcoin …
Feb 25 2024
Corruption will continue to thrive until justice systems can punish wrongdoing and keep governments in check, according to Transparency International. The organization noted that the majority of countries have shown minimal to no improvement in tackling public sector corruption. It warned that the rise in impunity for corruption is fueled by both authoritarian regimes and …
Feb 25 2024
Bitcoin miner Core Scientific has completed its reorganization and is coming out of Chapter 11 with an improved financial position. The company said it anticipates initiating the listing of its common stock, tranche 1 warrants, and tranche 2 warrants on the Nasdaq Global Select Market under the symbols CORZ, CORZW, and CORZZ, respectively, starting from …
Feb 24 2024
A Binance Survey targeting users in France, Italy, Spain, and Sweden found 73% of respondents are positive about the future of digital assets. Results revealed a trend of optimism, exclusive engagement with crypto assets, surging , growing trust, and increasing utility. Around 24 per cent of respondents also revealed more than half of their total …
Feb 24 2024
LockBit operated on a “ransomware-as-a-service’ model, providing a platform for a global network of hackers to launch attacks. Law enforcement agencies infiltrated LockBit’s primary platform and critical infrastructure, including 34 servers located in multiple countries such as the Netherlands, Germany, Finland, France, Switzerland, Australia, the United States, and the United Kingdom. The international crackdown was …
Feb 24 2024
The United States Securities and Exchange Commission (SEC) has again delayed its decision on whether to approve or not a joint spot Ethereum exchange-traded fund (ETF) proposed by Invesco and Galaxy Digital. This marks the second postponement after a similar in December and aligns with the SEC’s recent trend of pushing back deadlines for Ethereum …
Feb 24 2024
CleanSpark Inc. has unveiled plans to increase its operating hash rate. The company aims to double its hash rate in preparation for the upcoming Bitcoin halving event. In light of this, the firm has revealed strategic acquisitions and expansion initiatives to enhance its mining capabilities and geographic reach. The firm plans to acquire three turnkey …