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US Indicts Two in $260M Bitcoin Heist and Laundering Scheme

[Sep 22 10:30 PM] Two individuals have been arrested for orchestrating a large-scale cryptocurrency heist, stealing over 4,100 bitcoins. Their complex laundering operation involved using multiple mixers and VPNs to cover their tracks. With the stolen funds, they…

Bank of Korea to Launch CBDC Payment Trial in Supermarkets

[Sep 22 8:30 AM] South Korea’s central bank, the Bank of Korea, will soon allow participants to use digital tokens for payments at supermarkets and convenience stores in a central bank digital currency (CBDC) trial. Starting in December, 100,000 participants…

Australian Central Bank Prioritizes Wholesale CBDC

[Sep 19 11:20 AM] The Australian Central Bank is focusing on a wholesale central bank digital currency (CBDC) due to its potential economic benefits compared to a retail CBDC. The Reserve Bank of Australia (RBA) has launched Project Acacia, a three-year plan to…

Qatar Financial Centre Activates Digital Assets Lab

[Sep 16 8:13 PM] Qatar Financial Center (QFC) has launched its Digital Assets Lab, selecting 24 participants to develop innovative digital solutions using distributed ledger technology. Key partners include Google Cloud, Masraf Al Rayan, The Hashgraph Association…

FBI Seizes Websites Linked to Crypto Recovery Fraud

[Sep 16 2:30 AM] The Federal Bureau of Investigation’s San Diego office has seized websites linked to three fraudulent cryptocurrency recovery services. The scam preys on victims of crypto fraud by promising recovery of lost funds, often charging significant…