Finance
Blockstream has raised $125m. Investors include venture capital firm Kingsway Capital as well as Fulgur Ventures. Cohen & Cohen Capital Markets, part of J.V.B. Financial Group. In its press release, Blockstream said the funds would be used to increase mining capacity to meet the high demand for hosting
Finance
The FBI officially announced the results of its investigation into the Harmony Bridge attack, adding that the North Korean group Lazarus Group and APT38 were involved. At the end of the report, the FBI pledged to "continue to crack down on crimes related to North Korea and their attempts
Finance
The price of BTC rose to $23,000 for the first time since August and is now trading around the same values, while ETH is around $1,650. The market capitalisation has increased by about 6.31% to $997 billion at the time of writing. Due to the growth of
Finance
The trend with crypto-exchanges, to put it mildly, is not a happy one. Users continue to believe in the trustworthiness of a particular exchange, storing everything they have there. It is hard to imagine a greater folly. Keep only what you do not mind losing. Cold wallets to your rescue.
Bank
Thailand's financial regulator has issued a press release on the licensing of virtual banks. The first details and nuances of the regulation will be known this year, with full operation of such institutions starting in 2025. The Central Bank took this step to stimulate competition in the financial
Finance
Most of the volume of crypto-exchanges is fake. The National Bureau of Economic Research states this. Most of the transactions on the largest unregulated crypto exchanges are manipulative transactions by related groups. On regulated crypto exchanges, such transactions account for about 3%, but on unregulated ones, they account for 77.
Finance
China intends to buy 'golden share' in Alibaba and Tencent units to exercise control.
World Wide
A class action lawsuit against Silvergate Capital, operator of the Silvergate exchange network of Silvergate parent company Silvergate Bank was filed on 10 January. The lawsuit is filed on behalf of all purchasers of Silvergate securities between 9 November 2021 and 5 January 2023. The plaintiffs allege that the platform
World Wide
Since 2011, Bitcoin value has never declined two years in a row, and always after 3 years of growth and a year of correction, returned to positive momentum.
Finance
The Hong Kong government is preparing a new category of securities. These are "tokenized green bonds" for investment. This is how the authorities are implementing their strategy for the development of Web 3.0 and the crypto-industry. In parallel, Hong Kong is exploring the idea of opening an
Finance
American Gary Harmon stole 712 BTC (about $12 million) from the IRS, which was seized from his brother. The BTCs were seized for criminal money laundering activity through a Helix darknet company. Law enforcement officials got their hands on the address where the coins were stored, but could not access
World Wide
♦️ Saudi Arabia cuts all oil prices for Asia for February. Another disinflationary factor to add to the piggy bank. Meanwhile, U.S. oil inventories continue to fall. ♦️ The McDonalds restaurant chain in Kazakhstan stops operating under the brand due to supply constraints ♦️ The container shipping bubble has burst. Bloomberg predicts