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Morning Minute: North Korea Hacks Drift for $285M

North Korea's cybercriminal group, Lazarus, has reportedly hacked the decentralized finance platform Drift, stealing approximately $285 million in cryptocurrency. The attack is part of a broader trend of North Korean cyber activities aimed at funding the regime through illicit means. Drift has acknowledged the breach and is working with law enforcement and cybersecurity experts to investigate the incident. This hack highlights ongoing vulnerabilities in the DeFi space and the increasing sophistication of state-sponsored cyberattacks.

Read the full article: Decrypt

China Orders Jack Dorsey's Bitchat Pulled from Apple App Store

China has ordered the removal of Jack Dorsey's Bitchat app from the Apple App Store, citing concerns over its potential to facilitate illegal activities. The app, which is designed for decentralized communication, has been criticized by Chinese authorities for its lack of regulatory compliance. This move reflects China&

Strategy added another 4,871 bitcoin for $330 million, with holdings nearing 767,000 BTC

Strategy has acquired an additional 4,871 bitcoins for a total of $330 million. This latest purchase brings their total bitcoin holdings to nearly 767,000 BTC. The acquisition reflects the company's ongoing commitment to increasing its cryptocurrency investments. The strategic move is part of a broader trend

Bitmine's ether treasury hits 4.8 million ETH as stock listing moves to NYSE

Bitmine's ether treasury has reached 4.8 million ETH, marking a significant increase in its cryptocurrency holdings. The company is in the process of moving its stock listing to the New York Stock Exchange (NYSE), which could enhance its visibility and attract more investors. This transition is part

Strategy Resumes Bitcoin Treasury Buys With $330M Purchase

Strategy has resumed its Bitcoin treasury purchases, making a significant investment of $330 million. This move comes as the company aims to bolster its cryptocurrency holdings amid a recovering market. The purchase reflects growing confidence in Bitcoin's long-term value and aligns with the company's strategy to

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China Orders Jack Dorsey's Bitchat Pulled from Apple App Store

Strategy added another 4,871 bitcoin for $330 million, with holdings nearing 767,000 BTC

Bitmine's ether treasury hits 4.8 million ETH as stock listing moves to NYSE

Strategy Resumes Bitcoin Treasury Buys With $330M Purchase