UN Panel Says North Korea Obtained $670 Million in Crypto and Fiat via Hacking: Report

A U.N. Security Council report states that North Korean hackers obtained $670 million in crypto and foreign fiat from 2015 to 2018 North Korea has reportedly amassed $670 million in fiat and cryptocurrencies by conducting hacking attacks, Asia-focused financial newspaper Nikkei Asian Review reports on Friday, March 8. The publication cites a U.N. Security Council […]

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Alibaba Exec: E-Commerce Giant Considering Blockchain Use in Complex Supply Chains

Chinese e-commerce giant conglomerate Alibaba Group is considering blockchain tech application for cross-border supply chains. Liu Song, vice president of Chinese e-commerce giant Alibaba Group, has said in an interview that the company is considering blockchain tech implementation for cross-border  supply chains. Song’s remarks were noted in an article published by China’s largest state-owned newspaper, […]

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E-Commerce on Demand: Crypto-Based Site With 50,000 Products Offers Delivery in Two Hours

sponsored A decentralized marketplace offering e-commerce on demand has launched with 50,000 items, enabling shoppers to have products delivered in less than two hours. A decentralized platform offering “e-commerce on demand” is launching, and says it has the ambition of enabling shoppers to have online orders delivered in less than two hours — with food […]

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From Stablecoins to Blockchain Trials: Japanese Players Are Going Crypto as the Local Government Is Overseeing the Market

Last month was particularly eventful for the Japanese crypto ecosystem. The beginning of the year was particularly eventful for the Japanese crypto ecosystem, which is generally considered to be a major part of the industry. First of all, Japan’s Central Bank (BoJ) issued a study on the role of central bank digital currencies (CBDCs) in […]

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Canadian Banks Wary of QuadrigaCX Assets’ Origins, Cite Money Laundering Concerns

Canadian banks showed hesitation concerning the management of insolvent cryptocurrency exchange QuadrigaCX’s assets. Canadian banks have showed hesitation concerning the management of insolvent cryptocurrency exchange QuadrigaCX’s assets, national public broadcaster CBC reports on Feb. 22. QuadrigaCX has faced financial difficulty following the sudden death of its founder Gerry Cotten, who was the allegedly only one […]

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SK Telecom, Deutsche Telekom to Build Blockchain Identity Platform

South Korea’s largest wireless carrier, SK Telecom, is partnering with the world’s fifth largest telecoms firm, Deutsche Telekom, to develop a blockchain-based identification solution. South Korea’s largest wireless carrier, SK Telecom (SKT), is partnering with the world’s fifth largest telecoms firm, Germany’s Deutsche Telekom, to develop a blockchain-based mobile identification solution. The news was reported […]

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