Police in China arrested 63 people accused of laundering as much as 12 billion Chinese yuan ($1.7 billion) via cryptocurrency, amid Beijing’s intense crackdown on the trading of digital coins. …
Bank of England opens applications for ‘proof of concept’ CBDC wallet
The Bank of England (BOE) is seeking a “proof of concept” for a wallet that will be able to hold a central bank digital currency (CBDC). On Dec. 9, the BOE posted a request for applications on the …
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Hacker Steals $6.9 Million From Arbitrum-Based Defi Protocol Lodestar Finance
Arbitrum-based lending platform Lodestar Finance was exploited on Dec. 10, 2022, according to a tweet from the project’s Twitter account on Saturday. Community reports detail that Lodestar lost …
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Crypto Sanctions & Their Impact on the Cryptocurrency Ecosystem – Crypto 2023
Before 2022, sanctions in crypto sounded somewhat extravagant. While governments around the world have been after this industry for quite a while, it still seemed that cryptocurrencies, by their …
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Odesa port reopens after energy network hit
The Ukrainian Black Sea port of Odesa has resumed operations after Russia used Iranian-made drones to attack energy facilities in the city. The port was closed after strikes on Saturday left 1.5 …
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Peru’s new leader proposes early election amid protests
Amid ongoing political tension, Peru’s new president Dina Boluarte is proposing holidng election sin April 2024 rather than 2 years later as scheduled. A state of emergency has also been declared in …
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Fusion energy breakthrough by US scientists boosts clean power hopes
US government scientists have achieved a net energy gain in a fusion reaction for the first time, according to three people with knowledge of the experiment. The development could prove the process …
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China’s Looming ‘Tsunami’ of Covid Cases Will Test its Hospitals
China has announced that it is abandoning its "zero Covid" policy of lockdowns and quarantines. This decision has raised concerns about the potential strain that a surge of cases could put on the …
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Breakthroughs of the Year
The Atlantic has published its inaugural 10 Breakthroughs of the Year. The achievements span every stage of life and every aspect of life, from our cells to the stars. They include a drug that revives …
How China is paying for its ascension to techno-dominance
The Atlantic Council has released research into China's use of money to buy dominance. Insights from the report: China's yuan suffered its sharpest weekly drop in nearly three years, with the dollar …
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