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Chinese official Wang Moumou has received a life sentence for selling classified documents to British intelligence. He got into deep debt from bad cryptocurrency trading and accepted crypto as payment for his espionage activities. According to a report from Anping Province’s Ministry of National Security, Wang was convicted of

Detroit is gearing up to accept cryptocurrency for tax payments next year. City officials recently announced this exciting plan to incorporate digital asset payments for municipal fees. This initiative, managed by PayPal on a secure platform, will make Detroit the largest city in the U.S. to implement cryptocurrency payments

The California Department of Financial Protection and Innovation (DFPI) has officially revoked the license of BlockFi, a crypto lender that declared bankruptcy nearly two years ago. This decision wraps up an investigation that started when the DFPI suspended BlockFi’s operations back in November 2022. As part of a settlement,

North Korean state-sponsored hackers have expanded their tactics with a new initiative called ‘Hidden Risk.’ This campaign aims to infiltrate cryptocurrency firms using malware disguised as legitimate documents. According to a report from SentinelLabs, this effort is linked to the notorious BlueNoroff group. They are a part of the infamous

Dean Skurka, the CEO of WonderFi, was recently kidnapped in Toronto. Thankfully, he’s safe now after a ransom was paid. According to a report from CBC, Skurka was forced into a car during rush hour. The kidnappers demanded money for his release. After paying a ransom of 1 million

Digitalization is everywhere, and finance is no exception. More and more people are using crypto wallets. These tools are becoming a key part of our daily lives. Originally, crypto wallets were just for storing cryptocurrency. But now, they’re evolving. They’re transforming into tools for digital identity. This isn’

France's gambling regulator is set to ban Polymarket, a crypto-based betting platform. This decision comes after a Frenchman made headlines by placing huge bets on the U.S. presidential election. According to a report from The Big Whale, a French website focused on the crypto industry, the regulator—