Energy Firm Discloses Major Crypto Losses Amid Blockchain Rebrand

news North Korea has been using a Hong Kong-based blockchain company to launder money, according to a quarterly report from the UN Security Council’s Sanctions Committee on North Korea. As reported by South Korean newspaper Chosun, North Korea employed a shipping and logistics firm called Marine China, which runs on a blockchain platform, to avoid international…

Apr 30, 2020 at 14:00 UTCUpdated Apr 30, 2020 at 14:27 UTCFireblocks, a platform that secures digital assets in transit, is expanding in Asia with two new offices, one in Hong Kong, the other in Singapore. (Credit:Shutterstock)Fidelity-Backed Fireblocks Opens Asia Offices to Pitch Crypto ‘Hot Vault’Fireblocks, a platform that secures digital assets in transit, is…

Senator Kelly Loeffler (R-Ga.). Credit: CoinDeskSenator Kelly Loeffler (R-Ga.) reportedly received a hefty payout from Bakkt's parent company Intercontinental Exchange (ICE) as she left to take up her political position.According to the New York Times on Wednesday, Loeffler was revealed to have been gifted "stock and other awards worth more than $9 million" when she…

Nov 9, 2020 at 21:57 UTCUpdated Nov 9, 2020 at 22:08 UTC(ConstantinosZ/ iStock/Getty Images Plus)Flaw in Bitcoin SV Multisig Wallet Puts Funds at RiskWhen Bitcoin SV (BSV) forked from Bitcoin Cash, its mandate to create a faster, payments-focused blockchain required gutting some of Bitcoin’s key technical features. In doing so, it gutted some of Bitcoin’s key…

HTX, formerly Huobi, has been hacked with a total loss of 500 ether (ETH) worth around $8 million, according to HTX adviser and Tron founder Justin Sun.The incident occurred on Sunday and was identified immediately. HTX has fully covered the losses, and funds are safe, Sun added on social media platform X (formerly known as

Coinbase filed for judgement in its ongoing case against the U.S. Securities and Exchange Commission, alleging the regulator is stepping well outside its jurisdiction in suing the crypto exchange.The SEC sued Coinbase in June, alleging the exchange violated federal securities laws by operating as an unregistered broker, exchange and clearing agency for cryptocurrencies that were…

The Texas State Securities Board entered an emergency cease-and-desist on Tuesday against a cloud mining company based in Australia that it said was selling unregistered securities. In the order, Texas securities regulators claim that Automated Web Services Mining (otherwise known as AWS Mining), AWS Mining PTY LTD., a number of of AWS Mining's officers, crypto…

feature A new crypto exchange for institutional investors is launching this month with an unusual approach to custody. LGO Markets, based in New Jersey, officially launched Monday with limited functionality, allowing new users to set up and fund their accounts. However, spot trading in bitcoin will start on March 11. According to CEO Hugo Renaudin,…

LatestOpinionFeaturesVideosMarketsGet the Latest from CoinDeskSign up for our newsletterMoney ReimaginedFirst MoverCrypto Long & ShortBlockchain BitesBy signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policyPlease enter a valid email addressTechBusinessPolicy & RegulationPeopleBitcoinCoinFlashDeFiEtherEthereumEthereum ClassicFirst MoverMarketsNewslettersOpinionBitcoin 101Blockchain 101Ethereum 101Trading 101All 101 Guides0x (ZRX)CosmosGemini DollarZcashGrinSee allFundstratThe TIEHuobi DeFiLabsCredmarkBlockchain…