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New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today

New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect TodayA new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK. Under this law, police can seize crypto from suspects without needing to make an arrest first. Additionally, victims have the right to request the release of funds held in crypto accounts […]

Analyst Issues Altcoin Warning, Says Black Swan Event Could Trigger ‘Very Last Shakeout’

Binance and Huobi Freeze $1.4 Million in Crypto Linked to North Korea

Binance and Huobi Freeze .4 Million in Crypto Linked to North KoreaCrypto exchanges Binance and Huobi have frozen cryptocurrencies worth approximately $1.4 million linked to North Korea, according to blockchain analytics firm Elliptic. The firm noted that the stolen funds, which were dormant until recently, originated from the June 2022 hack of Harmony’s Horizon Bridge. North Korea-Linked Crypto Frozen by Binance and Huobi Blockchain analytics firm […]

Analyst Issues Altcoin Warning, Says Black Swan Event Could Trigger ‘Very Last Shakeout’