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South Korean Police Arrest 48 in ‘Crypto-powered Drug Trafficking’ Raids


Source: Angelov/Adobe Police in the South Korean city of Daegu say they have raided a “drug trafficking organization” that used crypto as a payment tool – and arrested 48 people. Per Chosun Ilbo, the Daegu Police Agency’s metropolitan investigation unit arrested 44 people connected to a suspected...

U.S. Treasury Sanctions North Korean Government’s Crypto Mixer Sinbad


According to a statement released Wednesday, the U.S. Treasury Department has placed sanctions on the government of North Korea’s crypto mixer, Sinbad. “A key-money laundering tool” Sinbad serves as “a key money-laundering tool” for the state-sponsored North Korean cyber-hacking collective...

Bitget Releases Position Grids to Reshape Digital Asset Trading


Source: AdobeStock / Rafael Henrique Cryptocurrency exchange, Bitget has launched position grids, a trading tool to enable users to take advantage of market fluctuations in a bid to scale up activities. In a recent press release, the exchange announced the integration of its trading tools to...

Ledger Debuts Cloud-based Private Key Recovery Tool Despite Previous Backlash


Popular hardware wallet company Ledger has launched a cloud-based private key recovery tool called 'Ledger Recover.' According to the official X announcement on October 24, Coincover, a renowned blockchain protection platform, designed the recovery tool. Ledger Recover will provide users an entry...

Bybit launches Double-Win, a revolutionary trading tool


Bybit has announced the launch of a trading tool that empowers traders and helps them maximize profits. The tool, named Double-Win, aims to mitigate the market risks along with its volatility. Users with Double-Win can be assured of being able to grab every market opportunity that they get. Bybit...

Bank of Korea and BIS Prepare Wholesale CBDC Pilot


The Bank of Korea and the Bank for International Settlements (BIS) have announced a new pilot that will test the functionality of a Korean wholesale central bank digital currency (CBDC), which will serve as a tool for banks to settle interbank transactions and issue CBDC-backed digital currencies...

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