The US Department of Justice is attempting to seize $7.7 million in cryptocurrency allegedly laundered by North Korean IT workers who used fake identities to gain employment at blockchain firms. This action highlights ongoing concerns about North Korea’s use of crypto to fund illicit activities.
Uber Eyes Stablecoins for Cost-Effective Global Payments: What It Means for Crypto
Uber CEO Dara Khosrowshahi revealed the company is exploring the use of stablecoins to reduce international money transfer costs. This could signal a wider adoption trend and potential market impact for stablecoins.
Silk Road’s Savior? AlphaBay-Linked Wallet Behind Ulbricht’s Bitcoin Windfall
Blockchain analysis reveals a connection between a massive Bitcoin donation to Ross Ulbricht and the defunct dark web marketplace AlphaBay, raising questions about the source and motives behind the gift.
AI DApps Surge: Challenging DeFi and Gaming for Web3 Dominance
DappRadar reports a significant rise in AI-powered decentralized applications (DApps), indicating a potential shift in the Web3 landscape as AI DApps challenge the dominance of DeFi and gaming platforms.
Crypto Lobbying Intensifies: Push for Developer Protections in US Legislation
Major US crypto lobbying groups are urging lawmakers to include protections for software developers and infrastructure providers within upcoming crypto legislation, specifically seeking to prevent them from being classified as money transmitters.