The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work. Cryptocurrency exchanges Binance and Huobi have again frozen accounts linked to last June’s $100 million Harmony Horizon bridge hack. Around $1.4 million worth of crypto frozen by the trading platforms came from accounts…
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Glassnode noted that this is the first time in Bitcoin history that the network has been used for purposes other than monetary. The launch of Bitcoin nonfungible tokens (NFTs) — known as Ordinals — has tipped the number of non-zero Bitcoin addresses to a new all-time high of 44 million, according to crypto analytics platform…
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Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short of providing the wallet addresses. Cryptocurrency investment product provider Grayscale Investments has refused to provide on-chain proof of reserves or wallet addresses to show the underlying assets of its digital currency products citing “security concerns.”…
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The Central Africa Republic (CAR)’s surprise bitcoin adoption decision once again shows that the top cryptocurrency can be an alternative to fiat currency. However, the African country still needs to invest heavily in its telecommunications infrastructure. The CAR also needs to prioritize education that helps the population to familiarize itself with cryptocurrency basics. The CAR’s…
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