Chinese criminal steals $4.1M in crypto from victim’s car
4.1 million dollars' worth of crypto from a victim's car was stolen by a Chinese thief, who has since been apprehended
Aadrika Sharma
Justin Sun’s wallet transfers $100 million to Huobi
Over $100 million has been put into the crypto exchange Huobi from a wallet connected to Justin Sun
Genesis owner Digital Currency Group shuts down wealth management vertical
The project was canceled by the company citing the general financial environment and the prolonged crypto winter as reasons.
Feds Assemble FTX Task Force to Retrieve Lost Customer Funds
Key takeaways: In response to founder Sam Bankman-not Fried’s guilty plea, the Feds established an FTX task team to find misplaced customer assets. The working group was put in place to safeguard people who suffered losses as a result of…
UK National Crime Agency to Develop a Dedicated Crypto Team
Key takeaways: The National Cyber Crime Section (NCCU), a cyber-focused command of the National Crime Agency (NCA) in the United Kingdom, is prepared to introduce a special crypto unit tasked with preemptively looking into cybercrime incidents in the U.K. including…
UK Enforces Crypto Tax Break for Foreign Residents Using Local Investment Managers
Key takeaways: Starting on Sunday, the United Kingdom will impose a tax exemption on overseas investors who buy cryptocurrency through regional investment managers or brokers. Prime Minister Rishi Sunak’s intentions to make the U.K. a center for cryptocurrency reflect the…
India will Examine the Possibility of Banning Unbacked Crypto Assets During its G20 Presidency
Key takeaways: The Reserve Bank of India (RBI), the country’s central bank, released its Financial Stability Report (FSR) for the month of December this past Thursday. The 172-page research discusses issues such as government-issued CBDCs, blockchain-based assets, and decentralized finance…
The Central Bank of Morocco Introduces Crypto Regulatory Framework
Key takeaways: Abdellatif Jouahiri, the governor of Bank Al-Maghrib (BAM), informed the media that the proposed legislation intended to protect Moroccans from the threats attached to cryptocurrency trading is complete. Among the market players who will be critical in deciding…
A Bitcoin Developer Allegedly Lost Over 200 Bitcoins
Key takeaways: Luke Dashjr, the Bitcoin core developer, announced to his 55k followers that his PGP key had been hijacked and the same event led to his BTC tokens being stolen. A public encryption key is a PGP key. Emails…
Binance To Acquire Gopax For South Korea’s Entry
Key takeaways: Binance is nearing completion of the acquisition of the Korean cryptocurrency exchange Gopax as per a report published by Decenter. The company ranks among South Korea’s top 5 exchanges. Binance will be able to reenter the South Korean…
