Tag #Cryptocurrency

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edition.cnn.com

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Feb 25, 07:08

North Korea's \$1.5 Billion Crypto Heist: Largest Ever

North Korean hackers stole \$1.5 billion in cryptocurrency from Bybit, the world's second-largest exchange, on Friday, exceeding previous records and representing a significant portion of North Korea's annual GDP; investigators are currently tracing the laundered funds.

North Korea's \$1.5 Billion Crypto Heist: Largest Ever

North Korean hackers stole \$1.5 billion in cryptocurrency from Bybit, the world's second-largest exchange, on Friday, exceeding previous records and representing a significant portion of North Korea's annual GDP; investigators are currently tracing the laundered funds.

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What methods are being used by North Korean operatives to launder the stolen cryptocurrency, and what countermeasures are being employed by law enforcement?

This unprecedented crypto heist nearly doubles North Korea's cryptocurrency theft from the previous year, highlighting the regime's reliance on cybercrime to fund its nuclear and missile programs. Law enforcement agencies are attempting to intercept the laundered funds, with some success reported.

dailymail.co.uk

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Feb 25, 22:12

\$1.5 Billion Crypto Heist: North Korean Hackers Target Bybit

North Korean hackers stole approximately \$1.5 billion in cryptocurrency from Bybit's cold wallet, marking the largest crypto heist ever, exceeding the \$1.4 billion stolen in 2024, highlighting the Lazarus Group's shift toward financially motivated cyberattacks.

\$1.5 Billion Crypto Heist: North Korean Hackers Target Bybit

North Korean hackers stole approximately \$1.5 billion in cryptocurrency from Bybit's cold wallet, marking the largest crypto heist ever, exceeding the \$1.4 billion stolen in 2024, highlighting the Lazarus Group's shift toward financially motivated cyberattacks.

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What measures can be implemented to enhance cryptocurrency security and prevent similar large-scale thefts in the future?

This attack signals a new level of threat in the cryptocurrency industry, demanding a reevaluation of security protocols for both exchanges and individual users. The sheer scale of the theft and the Lazarus Group's established capabilities suggest future attacks could be even more devastating. Governments and cryptocurrency platforms must collaborate to strengthen cybersecurity defenses and deter these highly organized and profitable criminal enterprises.

arabic.euronews.com

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Feb 25, 22:12

Israeli App Uses Cryptocurrency to Incentivize Trash Collection

An Israeli app, Clean Coin, rewards users with cryptocurrency for collecting trash, aiming to combat the country's high waste production; 16,000 users have registered, with 1,200 active weekly.

Israeli App Uses Cryptocurrency to Incentivize Trash Collection

An Israeli app, Clean Coin, rewards users with cryptocurrency for collecting trash, aiming to combat the country's high waste production; 16,000 users have registered, with 1,200 active weekly.

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Responsible Consumption and Production

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How effectively does the Clean Coin app incentivize waste reduction in Israel, considering its high per-capita waste generation?

In northern Israel, Alicia Ben Meir earns cryptocurrency for collecting trash using a mobile app called Clean Coin. She receives 10 "Clean Coins," redeemable for goods from participating companies, per bag of trash. The app aims to combat Israel's high per-capita waste production.

forbes.com

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Feb 24, 16:08

Dubai's Luxury Real Estate Market Embraces Cryptocurrency

Dubai's luxury real estate market is rapidly adopting cryptocurrencies, with 30% of UHNWIs now holding crypto assets, leading to increased efficiency and security in international investments; this is transforming how transactions are made, creating new opportunities, and positioning Dubai as a glob...

Dubai's Luxury Real Estate Market Embraces Cryptocurrency

Dubai's luxury real estate market is rapidly adopting cryptocurrencies, with 30% of UHNWIs now holding crypto assets, leading to increased efficiency and security in international investments; this is transforming how transactions are made, creating new opportunities, and positioning Dubai as a glob...

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What is the impact of cryptocurrency adoption on Dubai's luxury real estate market?

Dubai's luxury real estate market is increasingly embracing cryptocurrencies, with 30% of UHNWIs holding crypto assets, leading developers to accept Bitcoin and Ethereum for transactions. This shift streamlines international investments, reduces reliance on traditional banking, and offers enhanced security and anonymity.

forbes.com

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Feb 22, 01:09

\$1.4 Billion Stolen from Bybit in Record-Breaking Crypto Exchange Hack

On Friday, over \$1.4 billion in various Ethereum tokens was stolen from Bybit, a Dubai-based crypto exchange, in a sophisticated attack that compromised its cold wallets; this surpasses the previous largest crypto hack, raising concerns about industry security.

\$1.4 Billion Stolen from Bybit in Record-Breaking Crypto Exchange Hack

On Friday, over \$1.4 billion in various Ethereum tokens was stolen from Bybit, a Dubai-based crypto exchange, in a sophisticated attack that compromised its cold wallets; this surpasses the previous largest crypto hack, raising concerns about industry security.

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What immediate impact does the Bybit hack have on the cryptocurrency market and investor confidence?

Bybit, a Dubai-based crypto exchange, experienced a significant security breach on Friday, resulting in the theft of over \$1.4 billion in various Ethereum tokens. The stolen funds were swiftly moved through numerous wallets before reaching an unidentified address. Bybit confirmed the theft originated from compromised cold wallets, a type of storage generally considered highly secure.

edition.cnn.com

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Feb 22, 04:07

Trump Administration Drops Lawsuit Against Coinbase

The Trump administration dropped a major lawsuit against Coinbase, America's largest cryptocurrency exchange, reversing the Biden administration's attempt to regulate it as an unregistered broker, clearing agency, and exchange; this decision followed President Trump's executive order aimed at easing...

Trump Administration Drops Lawsuit Against Coinbase

The Trump administration dropped a major lawsuit against Coinbase, America's largest cryptocurrency exchange, reversing the Biden administration's attempt to regulate it as an unregistered broker, clearing agency, and exchange; this decision followed President Trump's executive order aimed at easing...

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Decent Work and Economic Growth

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What are the immediate consequences of the Trump administration dropping its lawsuit against Coinbase?

The Trump administration dropped its lawsuit against Coinbase, America's largest cryptocurrency exchange, which had accused the company of operating as an unregistered broker, clearing agency, and exchange. This decision, coming after President Trump's executive order easing crypto regulations, removes a significant regulatory hurdle for the crypto industry and avoids potential fees or fines for Coinbase.

forbes.com

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Feb 25, 22:12

North Korean Hackers Steal $1.4 Billion From Bybit Exchange

On February 21, 2025, the Lazarus Group stole $1.4 billion in ETH from Bybit, a Dubai-based crypto exchange, exploiting a vulnerability during a routine transfer; Bybit's transparent response, including a bounty program and emergency funding, has set a new precedent for crisis management.

North Korean Hackers Steal $1.4 Billion From Bybit Exchange

On February 21, 2025, the Lazarus Group stole $1.4 billion in ETH from Bybit, a Dubai-based crypto exchange, exploiting a vulnerability during a routine transfer; Bybit's transparent response, including a bounty program and emergency funding, has set a new precedent for crisis management.

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What were the immediate consequences of the Lazarus Group's $1.4 billion theft from Bybit, and what is its global significance?

On February 21, 2025, the Lazarus Group, a North Korean hacking syndicate, stole approximately $1.4 billion in ETH from Bybit, a Dubai-based cryptocurrency exchange. This was achieved by exploiting a vulnerability in Bybit's multisignature cold wallet during a routine transfer, resulting in the theft of over 400,000 ETH and stETH. Bybit responded swiftly, initiating a public tracking website and a 5% bounty program, already recovering $42.3 million.

theguardian.com

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Feb 25, 16:13

Apple Removes Encryption from UK Market After Government Backdoor Demand

The UK government demanded Apple create a backdoor into its iCloud service for law enforcement, prompting Apple to remove its advanced data protection feature from the UK market, increasing vulnerabilities for UK users while requiring law enforcement to use warrants.

Apple Removes Encryption from UK Market After Government Backdoor Demand

The UK government demanded Apple create a backdoor into its iCloud service for law enforcement, prompting Apple to remove its advanced data protection feature from the UK market, increasing vulnerabilities for UK users while requiring law enforcement to use warrants.

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Peace, Justice, and Strong Institutions

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What are the immediate consequences of Apple's removal of advanced data protection from the UK market, and what does this mean for future governmental demands for encryption backdoors?

The UK government demanded Apple create a "backdoor" for law enforcement access to iCloud data, but Apple responded by removing its advanced data protection feature from the UK market, leaving UK users more vulnerable to data breaches. This leaves the UK government with access to data via warrants, but not the direct encryption bypass it sought.

abcnews.go.com

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Feb 24, 19:09

SEC Closes Robinhood Investigation, Signaling Softer Stance on Crypto

The Securities and Exchange Commission (SEC) closed its investigation into Robinhood, following similar actions against Coinbase and a request to pause litigation against Binance, signaling a more lenient approach to cryptocurrency regulation under the Trump administration.

SEC Closes Robinhood Investigation, Signaling Softer Stance on Crypto

The Securities and Exchange Commission (SEC) closed its investigation into Robinhood, following similar actions against Coinbase and a request to pause litigation against Binance, signaling a more lenient approach to cryptocurrency regulation under the Trump administration.

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What is the immediate impact of the SEC closing its investigation into Robinhood and similar actions on the cryptocurrency market?

The SEC closed its investigation into Robinhood, deciding against enforcement action. This follows a similar dismissal of a case against Coinbase, and a request to pause litigation against Binance. Robinhood's stock price rose over 2% following the announcement.

theguardian.com

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Feb 22, 16:13

Trump Administration Drops Lawsuits, Launches Tech Deregulation

The Trump administration dropped lawsuits against SpaceX and Coinbase, launched a "deregulatory initiative" impacting AI safety regulations, and is considering further deregulation of the tech sector, following significant campaign donations from several tech CEOs.

Trump Administration Drops Lawsuits, Launches Tech Deregulation

The Trump administration dropped lawsuits against SpaceX and Coinbase, launched a "deregulatory initiative" impacting AI safety regulations, and is considering further deregulation of the tech sector, following significant campaign donations from several tech CEOs.

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How do the administration's actions towards the tech industry relate to campaign donations and broader political agendas?

This deregulation trend reflects a broader conservative agenda prioritizing reduced government oversight and increased corporate power. The actions taken connect directly to significant campaign donations from tech CEOs, suggesting a quid pro quo relationship. This pattern shows a shift from the previous administration's more regulatory approach.

nos.nl

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Feb 22, 13:09

Princess Amalia's First Solo Engagement and Controversial Preachers in Utrecht

Princess Amalia christened a Royal Netherlands Navy ship in Vlissingen, her first solo official event, while three controversial Islamic preachers spoke at the Ramadan Expo in Utrecht despite a government ban that was overturned by a court.

Princess Amalia's First Solo Engagement and Controversial Preachers in Utrecht

Princess Amalia christened a Royal Netherlands Navy ship in Vlissingen, her first solo official event, while three controversial Islamic preachers spoke at the Ramadan Expo in Utrecht despite a government ban that was overturned by a court.

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What are the potential long-term consequences of these events on Dutch politics and public discourse?

This confluence of events may foreshadow future challenges for the Dutch government in balancing security concerns with upholding democratic principles. The princess's independent engagement symbolizes a shift in royal duties, while the preachers' presence reflects ongoing societal debates regarding religious expression and freedom of speech.

sueddeutsche.de

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Feb 22, 07:07

Thuringia's Law Enforcement Struggles to Handle Cryptocurrency Seizures

Thuringian police and justice authorities are still developing guidelines for handling cryptocurrencies, lacking official wallets and standard procedures for securing and storing digital assets, although some cryptocurrencies with a total value of a few thousand euros were seized in 2022 and 2023.

Thuringia's Law Enforcement Struggles to Handle Cryptocurrency Seizures

Thuringian police and justice authorities are still developing guidelines for handling cryptocurrencies, lacking official wallets and standard procedures for securing and storing digital assets, although some cryptocurrencies with a total value of a few thousand euros were seized in 2022 and 2023.

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How does the low value of seized cryptocurrencies in recent years relate to the overall prevalence of cryptocurrency-related crimes in Thuringia?

The lack of official cryptocurrency handling protocols in Thuringia highlights a significant gap in law enforcement's ability to address digital crime, particularly given the increasing use of cryptocurrencies in illicit activities like those found in the darknet. The low value of seized cryptocurrencies in 2022-2023 suggests this is a nascent issue, but one requiring immediate attention.

Showing 253 to 264 of 594 results