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• North Korean hackers turn to Russian exchanges for crypto laundering, says Chainalysis

  TL;DR Breakdown North Korean hackers use Russian crypto exchanges to launder stolen funds, says Chainalysis. Despite less activity in 2023, North Korean groups stole $340.4 million, making up 30% of crypto thefts. Russian-North Korean collaboration complicates global law enforcement efforts. Description North Korean hacking groups have intensified their collaboration with Russian cryptocurrency exchanges known for facilitating illicit financial activities, according to a report by Chainalysis, an on-chain analytics firm.  Chainalysis disclosed that North Korean hackers recently transferred over $21.9 million in stolen cryptocurrency to a Russian exchange notorious for money laundering. The development marks a significant … Read more North Korean hacking groups have intensified their collaboration with Russian cryptocurrency exchanges known for facilitating illicit financial activities, according to a report by Chainalysis, an on-chain analytics firm.  Chainalysis disclosed that North Korean hackers recently transferred over $21.9 million in stolen cryptocurrency to a Russian exchange notorious for money laundering. The development marks a significant escalation in the partnership between the cyber underworlds of North Korea and Russia, raising concerns for international authorities. The numbers speak: A decline but still a…

  Article 2023年9月21日

• Carbon Registry: Carbonbase joins forces with HBAR and ImpactX for digital solution

  TL;DR Breakdown Carbonbase has partnered with the HBAR Foundation and ImpactX to launch the Global Climate Registry (GCR), marking the debut of Asia’s first digital native Carbon Registry. The GCR initiative is set to accelerate the digitization of the measurement, reporting, and verification (dMRV) process in the carbon credit market. Description Carbonbase, a leading climate-tech and carbon reduction solutions provider, has announced a groundbreaking partnership with the HBAR Foundation and ImpactX to launch the Global Climate Registry (GCR). This initiative marks the debut of Asia’s first digital native Carbon Registry.  The Asia-Pacific region, responsible for over half of the world’s carbon dioxide emissions in 2022, has … Read more Carbonbase, a leading climate-tech and carbon reduction solutions provider, has announced a groundbreaking partnership with the HBAR Foundation and ImpactX to launch the Global Climate Registry (GCR). This initiative marks the debut of Asia’s first digital native Carbon Registry.  The Asia-Pacific region, responsible for over half of the world’s carbon dioxide emissions in 2022, has long been in need of a localized carbon registry to facilitate efficient emissions reduction projects. GCR…

  Article 2023年8月29日

• Digital currencies’ unwanted role in the culture wars

  Description Amid the growing political turbulence and societal divisions of our age, a new player has entered the arena: cryptocurrencies, or more specifically, Central Bank Digital Currencies (CBDCs). As nations from China to Nigeria embrace digital currencies, their true implications in the modern world raise eyebrows and fuel conspiracy theories. From Wonkish Debate to Political Hot … Read more Amid the growing political turbulence and societal divisions of our age, a new player has entered the arena: cryptocurrencies, or more specifically, Central Bank Digital Currencies (CBDCs). As nations from China to Nigeria embrace digital currencies, their true implications in the modern world raise eyebrows and fuel conspiracy theories. From Wonkish Debate to Political Hot Potato Just a handful of years ago, CBDCs were largely confined to the hallowed halls of financial institutions and policy discussions. Their purpose seemed simple enough: a digital representation of tangible currency, backed not by private companies but by the weight of national central banks. Fast forward to today, and CBDCs have morphed into political footballs. Across the globe, over 100 nations are contemplating the CBDC…

  Article 2023年9月7日

• Switzerland positions itself as a crypto hub with its Plan ₿ project

  TL;DR Breakdown Switzerland has postponed itself as a hub for cryptocurrencies following the launch of its Plan ₿ project. The project seeks to educate the public and onboard merchants. Description Switzerland, renowned for its banking secrecy laws and attracting the wealthy, has also become a favorable environment for Bitcoin and cryptocurrency enthusiasts. Lugano, in particular, has emerged as a hotspot for Bitcoin adoption, with the city embracing cryptocurrencies for everyday transactions. This growing acceptance was highlighted by Giw Zanganeh, head of Lugano’s Plan ₿ initiative, … Read more Switzerland, renowned for its banking secrecy laws and attracting the wealthy, has also become a favorable environment for Bitcoin and cryptocurrency enthusiasts. Lugano, in particular, has emerged as a hotspot for Bitcoin adoption, with the city embracing cryptocurrencies for everyday transactions. This growing acceptance was highlighted by Giw Zanganeh, head of Lugano’s Plan ₿ initiative, during a discussion with journalist Joe Hall at the Plan ₿ Bitcoin Summer School. Plan ₿ head hails Switzerland’s approach toward crypto Zanganeh, who leads Tether’s Plan ₿, believes that Switzerland’s remarkable adoption of cryptocurrencies is not…

  Article 2023年7月11日

• BRICS’ India makes strong moves to ditch dollar

  TL;DR Breakdown India has made conspicuous moves suggesting efforts to counteract the U.S. dollar’s dominance. On September 8, the Indian Rupee surged against the U.S. dollar, fueling speculations of India’s strategic interventions. Sources suggest the Reserve Bank of India might have orchestrated a strategic dollar sale to prevent the dollar from reaching record highs against the Rupee. Description When it comes to international economic power plays, one can never underestimate the steps nations take to maintain their sovereignty and growth. The BRICS nations, an alliance of Brazil, Russia, India, China, and South Africa, have long been viewed as an economic counterweight to the West’s dominance. But in recent times, it’s India’s brazen stance … Read more When it comes to international economic power plays, one can never underestimate the steps nations take to maintain their sovereignty and growth. The BRICS nations, an alliance of Brazil, Russia, India, China, and South Africa, have long been viewed as an economic counterweight to the West’s dominance. But in recent times, it’s India’s brazen stance against the omnipotent U.S. dollar that’s caught global attention….

  Article 2023年9月12日