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Branta and Amboss Partner for Safer Bitcoin Transactions

Fintech Review

billion in cryptocurrency stolen in February 2025, has heightened concerns around vulnerabilities in routine transfers, showing how sophisticated attacks can bypass commonplace security measures. The Bybit hack, which saw nearly $1.5

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A Third of 2023 Crypto Hacks Traces Back to North Korea, Says TRM Labs

Fintech News

A recent report by blockchain intelligence company TRM Labs reveals a concerning trend of crypto hacks by North Korea, who stole at least US$600 million in cryptocurrency in 2023. Even after Sinbad was sanctioned by OFAC in November 2023, they continued to explore other tools for laundering.

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BitGo On Protecting Cryptocurrency Exchanges From Money Launderers

PYMNTS

There are currently more than 5,500 different cryptocurrencies in circulation, but the biggest name in the business — and often a metonym for the industry itself — is bitcoin. Ongoing monitoring of existing accounts is also necessary to ensure that cryptocurrency exchanges like BitGo are continuously compliant with AML regulations.

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Bitcoin Daily: Unicas Opens Physical Crypto Bank Branch In India; Mayor Eyes Investing 1 Pct Of Miami's Reserves In Bitcoin

PYMNTS

Indian FinTech Cashaa and the country's United Multistate Credit Cooperative Society teamed up to launch what they say is the world's first cryptocurrency bank branch through a joint-venture bank called Unicas, according to a release. The operation also will provide traditional banking services, according to the backers.

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Two Chinese Nationals Charged With Laundering $100M In Crypto

PYMNTS

Justice Department (DOJ) with laundering over $100 million worth of cryptocurrency that was previously hacked by North Korean fraudsters, the DOJ said on Tuesday (March 3). and unsealed on Monday (March 2), Tian Yinyin and Li Jiadong allegedly laundered cryptocurrency stolen by North Korean hackers between December 2017 and April 2019.

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Venezuela Considers Russian Payments System As SWIFT Alternative

PYMNTS

As a result, the country has tried to find ways to bypass the sanctions, including the creation of its own cryptocurrency, the Petro. sanctions against Venezuela have largely isolated the troubled nation from the global financial system, while also damaging financing.

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Bitcoin Daily: Lloyd’s Now Covers Crypto In eWallets; U.S. Treasury Adds Hacker Bitcoin Addresses To Blacklist

PYMNTS

Two individuals were accused of being connected to the Lazarus Group cybercrime organization per an update of the “Specially Designated Nationals” (SDN) list from OFAC. Treasury has brought on an additional 20 new bitcoin addresses affiliated with two people to its sanctioned individuals roster, Coindesk reported.