Lazarus Group laundered over $200M in hacked crypto since 2020
The notorious group of hackers has used a combination of crypto mixers and peer-to-peer marketplaces to launder the stolen funds.
Month: May 2024
Nigeria’s Patricia Exchange CEO debunks closure rumors
Patricia CEO Fejiro Hanu said they are currently awaiting the prosecution and conviction of the other suspects involved.
Synethix founder Kain Warwick targets mid-May launch for Infinex DEX
The Infinex front-end DEX is targeting a May 13 launch, pending a final vote from Synthetix’s governing council.
Boda boda blockchain boost: How tech is tracking Africa’s motorbike taxis
Nodle’s underlying blockchain infrastructure will enable real-time location data of motorcycle taxis in East Africa financed by Watu.
MicroStrategy to launch Bitcoin-based decentralized ID solution
MicroStrategy has already built an application on “MicroStrategy Orange” — Orange For Outlook — which integrates digital signatures into emails...
Ankr expands Bitcoin liquid staking tokens to AI blockchain Talus
The Bitcoin LSTs can be used to power the Talus blockchain's virtual artificial intelligence assistants.
VC Roundup: Gaming investments surge 94% in Q124 as market rebounds
This edition of Cointelegraph’s VC Roundup highlights Tevaera, AVALON, Uncharted, Contango, and Movement Labs.
Securitize raises $47M in strategic funding led by BlackRock
Crypto firms Aptos Labs, Paxos and Circle also took part in the funding that bodes well for the future of...
US Coal Miner Uses Excess Power to Mine BTC; Earns 61 Coins in Q1 2024
Alliance Resource Partners (ARLP), a coal mining company in the U.S., recently disclosed its use of underutilized electricity loads for...
Jack Dorsey’s Block Faces DOJ Probe Over Alleged Transactions With Sanctioned Nations and Terrorist Groups
Department of Justice (DOJ) federal prosecutors from the Southern District of New York are investigating fintech company Block, formerly known...
Defi’s TVL Declines by $10 Billion in April Despite Growth in Bitcoin and Newer Blockchains
The total value locked (TVL) in decentralized applications (defi) experienced a 7% decrease, dropping $10 billion in April, with defi’s...
Microstrategy Plans to Launch a Decentralized Identity Solution on Bitcoin
Microstrategy has introduced a new enterprise decentralized identity platform, Microstrategy Orange, during the Bitcoin for Corporations segment at Microstrategy World...
Former Binance CEO CZ: I Will Do My Time — Crypto Industry Has Entered a New Phase
Former Binance CEO Changpeng Zhao (CZ) has expressed his gratitude to the crypto community for their support following his four-month...
Bitcoin Miners Log Second Highest Monthly Revenue in April, Despite Falling Hash Value
In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In...
Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’
On Wednesday, May 1, 2024, the U.S. Federal Reserve chose to maintain the benchmark interest rates at their highest in...
