Lazarus Hackers Reportedly Have $42.5M in BTC on Their Wallets
According to analysts at 21.co, North Korean hackers belonging to the Lazarus Group have a combined total of at least $47 million worth of various cryptocurrencies.
Bitmain Will Invest $54M in Core Scientific
Bitmain, a leading manufacturer of crypto mining rigs, has announced its plan to invest $53.9 million in Bitcoin mining firm Core Scientific.
UK’s FCA Warns Unregistered Crypto Firms About Lack of Engagement
The UK’s Financial Conduct Authority has issued a warning to unregistered cryptocurrency firms for their lack of interaction with the regulator in preparation for the new financial promotions regime.
Bankrupt Exchange Mt.Gox Postpones Compensation Date
The management of Mt.Gox, a now bankrupt crypto exchange, has announced that the deadline for compensation payments would be postponed from October 31, 2023 to October 31, 2024.
Former Deutsche Bank Employee Accused of Crypto Fraud Will Pay $1.5M
Rashawn Russell, a former employee of Deutsche Bank, has admitted to being involved in a scam to defraud 29 clients of the R3 crypto fund for a total of $1.5 million.
Base Adds a Security Monitoring Tool
Coinbase’s Base Layer 2 network has recently launched Pessimism, a monitoring system developed to enhance security oversight for networks within the Optimism ecosystem.
Venmo Adds Support for PayPal’s Stablecoin
Venmo, a peer-to-peer payment platform, will soon introduce PYUSD, the stablecoin offered by PayPal.
