World Wide
The US Department of Justice reported on the destruction of the Qakbot botnet and the seizure of $8.6 million in cryptocurrencies. The operation was able to access Qakbot's infrastructure and identified more than 700,000 computers worldwide, including more than 200,000 in the US, that were
Finance
Kuwait's top financial regulator plans to impose an "absolute ban" on cryptocurrency transactions, the issuance of licences by local regulators to provide crypto services to other companies, mining and other transactions involving digital assets.
Finance
As of June 15, Binance US market share in the United States dropped to 2.7%. Transaction volume continues to fall for the fourth month in a row. The platform's share has fallen to December 2020 levels
Finance
Authorities in Singapore have begun to develop uniform bank screening standards for cryptocurrency customers. This was reported by Bloomberg, citing insiders. The central bank and lawyers will help banks adjust their verification standards when opening accounts for crypto-service providers. They will apply to all types of digital assets - cryptocurrencies,
Finance
CNBC journalists claim that Binance employees are helping Chinese users bypass a crypto-ban. There are also "volunteers" involved. They tell Chinese people how to register under another country. Tips to circumvent restrictions are given in local chat rooms and forums. CNBC journalists said they "infiltrated" two
Finance
Coinbase is considering options to create a new exchange, which will be located outside the U.S. jurisdiction. The company has not yet decided where exactly the platform will be located, but it is already in talks with market makers about connecting to it.
Finance
Gate Group, the parent company of Gate io, announced the launch of a new joint initiative with payment service provider Visa. The firm has launched a debit cryptocurrency card for its customers in the Eurozone. "We aim to become a kind of bridge between the entire cryptocurrency ecosystem and
IT
The maker of processors and networking chips for Android smartphones said it is working with Honor, Lenovo, Motorola and other brands to develop a satellite messaging capability. This is needed for people living far away from urban communication coverage areas. Mobile Internet in rural areas is very poor, and affordable
World Wide
Spanish rehabilitation centre The Balance has added a treatment programme to tackle crypto-trading. A week's stay at The Balance will cost between €25,000 and €75,000 depending on the programme. Experts believe that for a successful outcome, you need to give up trading for at least 4
Finance
Indian multibillionaire Gautam Adani, owner of the Adani Group corporate conglomerate and one of the richest men in the world, has found himself at the centre of a scandal. The Adani Group's capitalisation plummeted by more than $50 billion in just a few days, due to the report
IT
OpenAI, the developer of ChatGPT service, announced the signing of a multi-year and "multi-billion dollar" investment partnership with Microsoft. The exact amount of the investment was not disclosed. It was previously reported that Microsoft plans to buy a 49 percent stake in ChatGPT for $10 billion.
World Wide
Mining company CleanSpark has begun construction of the second phase of its data centre in Washington, D.C. (Georgia, USA). The capacity of the previously acquired facility will increase by 50 MW. In August 2022, CleanSpark bought an operating bitcoin mining facility from WAHA Technologies for $16.2 million. The