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FBI Seizes $6M in Crypto From Southeast Asian Scammers

[Sep 28, 2024 1:30 AM] U.S. authorities have seized over $6 million worth of cryptocurrency linked to a fraudulent investment scheme organized by Southeast Asian criminals. Targeting U.S. individuals, the criminals manipulated victims through fake cryptocurrency…

BRICS to Discuss Alternative Payment Platforms at Upcoming Summit

[Sep 24, 2024 12:30 AM] Russian Foreign Minister Sergey Lavrov announced that a report on alternative payment systems for BRICS nations will be presented at an upcoming summit in Kazan. The proposal, led by Brazilian President Lula da Silva, seeks to reduce reliance on…

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

[Sep 22, 2024 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, 2024 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…