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Bumpers Breakthrough DeFi04

13 Jun 23

Lazarus group turns to Garantex to launder stolen assets

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Lazarus Group, known for its cybercriminal activities, has shifted its focus to Garantex, an OFAC-sanctioned exchange, to trade stolen assets for bitcoin (BTC). This move comes despite significant efforts from various stakeholders, including on-chain monitor Elliptic, exchange partners, and the […]

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13 Jun 23

Novatti Group launches its AUDD stablecoin on XRP Ledger

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Novatti Group Limited, a leading Australian payments fintech company, has announced the expansion of its Australian dollar-backed stablecoin, AUDD, to the XRP Ledger. As outlined in a June 13 release, this move marks the integration of AUDD with the XRP Ledger […]

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05 Jun 23

UK parliamentary group urges caution over UK CBDC

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A report released by the U.K.’s All Party Parliamentary Group on crypto and digital assets urges the government to carefully consider the introduction of a CBDC, or “digital pound.” In a comprehensive analysis of CBDCs, the U.K.’s All Party Parliamentary Group […]

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21 Apr 23

OPNX backed by Appworks, MIAX Group, SIG, among others

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied OPNX, a crypto bankruptcy claims exchange firm co-founded Kyle Davies, has received backing from distinguished firms, including Appworks, DRW, MIAX Group and Susquehanna International Group (SIG). OPNX tweeted the announcement with CEO, Leslie Lamb, expressing gratitude for everyone who has supported […]

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23 Feb 23

Trade group argues US SEC case labels crypto assets unfairly

Crypto trade association Chamber of Digital Commerce has filed an amicus brief with a US district court in Washington, urging the dismissal of a case brought by the SEC against ex-Coinbase employees accused of insider trading. The group argued that the case unfairly labeled several crypto assets as securities and that if the court proceeded […]

European Union

17 Jan 23

EU finance ministers’ group state political aspects of digital euro

The Eurogroup reaffirmed its support for digital euro research but underlined that some of the design and application features under consideration would necessitate political decisions. Following a meeting in Brussels, the eurozone finance ministers issued a statement on the launch of the digital euro. According to the report, Eurogroup meets regularly to examine the political […]

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