According to the United Nations, half of North Korea’s foreign currency revenue is generated through cyber activities and cryptocurrency theft.

In a recent development, the United Nations has revealed that North Korea has been engaging in “malicious” cyber activities and cryptocurrency theft, which account for nearly half of its foreign currency revenue, thus funding its weapons programs. According to a recent report by a panel of experts from the United Nations (UN), Pyongyang has been…

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Coinbase intends to introduce cash-settled futures for Dogecoin, Litecoin, and Bitcoin Cash in its derivatives offerings.

Coinbase, a leading cryptocurrency exchange, is preparing to debut futures trading for several prominent cryptocurrencies, notably including the meme-inspired assets Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH). According to Coinbase, the enduring popularity of Dogecoin suggests a transformative shift beyond its meme origins, solidifying its position as a substantial participant within the cryptocurrency landscape….

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The Department of Justice has filed charges against a Texas individual for orchestrating a Meta-1 Coin scam totaling $10 million.

According to a press release from the Department of Justice (DOJ) on Tuesday, Robert Dunlap, a resident of Texas, has been apprehended on federal mail fraud charges linked to the Meta-1 Coin scam, which resulted in investors losing more than $10 million. The Meta-1 Coin Scam: Exemplifying Digital Asset Fraud at its Finest The allegations…

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The Polygon Proof of Stake (PoS) sidechain has implemented the Napoli Hard Fork, integrating support for upgrades featured in Dencun.

The Polygon Proof-of-Stake (PoS) sidechain has successfully completed the Napoli hard fork, incorporating support for Dencun features and notably becoming the pioneer network to endorse RIP-7212. The Napoli hard fork brings forth three significant upgrades derived from Ethereum’s recent Dencun hard fork: EIP-1153, EIP-6780, and EIP-5656. EIP-1153 targets the optimization of block space utilization, thereby…

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Compass Coffee and Coinbase Shake Up the Scene: Advancing Towards Crypto Payments

summary Compass Coffee collaborates with Coinbase to introduce cryptocurrency payments at their D.C. location. Customers can enjoy a significant 90% discount on purchases made with USDC. Additionally, patrons receive a one-of-a-kind NFT, serving as both a collector’s item and a coffee voucher. This pioneering initiative highlights the efficiency and economic advantages of stablecoins and blockchain…

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In a legal victory, Apple co-founder Steve Wozniak emerges triumphant in a court dispute with YouTube regarding Bitcoin scam videos.

Steve Wozniak, the co-founder of Apple, achieved success in his legal battle against the social media behemoth YouTube for unauthorized usage of his likeness in videos promoting a Bitcoin scam in 2020. Subsequently, a San Jose appeals court overturned a prior ruling that absolved YouTube of any responsibility. In a case involving Apple co-founder Steve…

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Hip-hop artist Ghostface Killah is gearing up to debut his music on the Bitcoin blockchain.

summary Renowned member of the Wu-Tang Clan, Ghostface Killah, has revealed plans to unveil his music-themed project, Ordinal Inscriptions, on the Bitcoin blockchain. The announcement signals a significant advancement in utilizing blockchain technology for distributing and preserving artistic content. This move opens up a realm of future possibilities for integrating cryptocurrencies and blockchain technology into…

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Uzbekistan Makes a Bold Move by Increasing Fees for Crypto Operations.

summary The National Agency for Prospective Projects (NAPP) of Uzbekistan has declared a significant rise in operational fees for participants in the crypto market, set to take effect on June 20, 2024. Against the backdrop of evolving regulatory measures and international engagements, such as a prominent collaboration with Tether, Uzbekistan is intensifying its control over…

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Breaking News: Ethereum Foundation Under Investigation by Unnamed ‘State Authority’ – Could Ethereum Face Prohibition?

According to a recent update on the Ethereum Foundation’s GitHub repository, the Switzerland-based non-profit organization responsible for the creation and ongoing development of the Ethereum blockchain is currently under investigation by an undisclosed “state authority.” A GitHub commit made on February 26th states, “we have received a voluntary inquiry from a state authority, which includes…

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The largest daily outflow since its inception resulted in Bitcoin spot ETFs losing a staggering $326 million.

In the United States, Bitcoin spot ETFs are exhibiting a decline in momentum, evidenced by Tuesday’s record-breaking daily net outflow since their introduction. These ten funds collectively experienced a significant outflow of $326 million, equivalent to 5,117 BTC in total. This marks the second consecutive day of outflows, following a loss of $154.4 million, or…

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