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North Korean hackers stole about £300m in cryptocurrency in 2021, making it one of their most lucrative years on record, a new report has suggested.Blockchain analysis company Chainalysis said it is likely that the Lazarus Group, an infamous state-sponsored cybercrime unit, was behind most of the seven digital attacks, three more than the total number…
A rare 101.38-carat diamond was purchased by a private collector for $12.3 million (£8.8 million) at a Sotheby’s auction using cryptocurrency, the auction house said.The sale “marks the latest milestone in the adoption of cryptocurrency”, Sotheby’s said in an Instagram post on Saturday.The auction house’s Hong Kong division said last month that it will accept…
Singapore based KuCoin crypto exchange has raised $20 million in its first round of financing. The news comes as cryptocurrencies continue to get battered in a year that has seen the market crash by over 70%. $20 Million Raised in First Round According to the official announcement the series A round of financing was led…
SBI Remit, a Japanese money transfer company, is teaming up with a venture-backed firm to use its new treasury management service that uses the blockchain for increased transparency and liquidity to small and medium-sized businesses operating between Japan and Africa. SBI Remit and BitPesa The service is provided by BitPesa, which has raised $10 million to…