A Nebraska man is looking at 30 years in prison in connection with a major cryptojacking scheme. According to an April 15 indictment from the United States Attorney’s office in Brooklyn, Charles O. Parks III, also known as “CP3O,” has been charged with defrauding two prominent cloud service providers. Cryptojacking is a cyberattack in which attackers illegally “hijack” the...
Barclays, HSBC, and Citi, among other U.K. financial institutions, are embarking on a joint venture to pilot tokenized deposits. A group of British banks, including Barclays and Citigroup, is working on a new pilot of tokenized deposits aimed at enhancing the tracking of banking payments. In a press release on Apr. 15, the British trade association UK Finance revealed that...
In Q1 2024, Korean crypto markets witnessed their highest trade volume in over two years, with KRW overtaking USD in cumulative trade volume, Kaiko says. Trade volume in Korean crypto markets soared to its highest level in over two years in early March, driven by an improved macroeconomic environment and heightened competition among local exchanges, according...
According to Markus Thielen, head of research at 10x Research, risk assets like crypto and stocks could see a “significant price correction” in the coming weeks. Sharing his insights in an April 16 investor note, Thielen wrote that the cryptocurrency market is moving towards a “crucial tipping point,” which could lead to a notable correction in prices....
KUALA LUMPUR: The Light Rail Transit (LRT) service on the Kelana Jaya Line is currently operating with limited trains due to a system failure caused by a lightning strike to the power supply. The incident, reported to have occurred at 3.30pm, has prevented additional trains from the Subang LRT Depot from being deployed for peak hour...
JOHOR BARU: The Immigration Department has detained 26 undocumented foreigners at 15 shophouses here. Its Johor director Baharuddin Tahir said an operation was carried out at an undisclosed location here at 12.05am on Tuesday (April 16) following a public tip-off. "According to the public information, a large group of foreigners were living in the area so we...
PETALING JAYA: Tun Dr Mahathir Mohamad claims that graft busters are saying that he has committed an offence under Section 23 of the Malaysian Anti-Corruption Commission Act, according to a notice sent to his son. The former prime minister said this was despite Inspector-General of Police Tan Sri Razarudin Husain stating that he was not being...
A group known for its past blockchain fraud activities has reportedly launched a fresh scheme on Blast. According to ZachXBT, an on-chain detective, the group has moved approximately $1 million in laundered funds to Base to fuel its new scam. The unnamed group initially transferred the funds from an Ethereum (ETH) address linked to previous scams, from...
The Nigerian government has located Binance executive Nadeem Anjarwalla in Kenya after he escaped custody. The government is now hoping to bring him back to Nigeria. Punchng.com, citing sources within the Nigerian presidency working on the case, confirmed that Anjarwalla’s whereabouts in Kenya are known. Efforts are underway to coordinate with Kenyan authorities to return him to Nigeria. Anjarwalla is believed...
After Iran’s April 13 drone attack on Israel, the crypto market reacted; Bitcoin (BTC) dropped more than 8% from its value to trade at $61,514. The latest correction marked the continuation of a trend that started on April 12 and worsened the next day. Analysts estimate the crypto market liquidated more than $860 million in assets over two days;...
