North Korean hack attacks fund weapons with $2bn stolen banks and cryptocurrency exchanges
The nuclear and missile programmes of Pyongyang has been funded by North Korea using cyberattacks against banks and cryptocurrency exchanges, a new report has revealed.
Ukraine’s government is planning new cryptocurrency laws
Mikhail Fedorov, deputy prime minister of digital transformation in the Ukraine, is set to collaborate with the country’s finance ministry to launch a new legal framework for cryptocurrencies.
Norwegian bank Sparebanken Øst invests in cryptocurrency exchange NBX
Sparebanken Øst has announced that it is investing in Norwegian Block Exchange, a cryptocurrency exchange normally referred to as NBX.
18 FinTech funding rounds you missed last week
Despite coronavirus fears, the last week saw a number of FinTech companies raise money.
Crypto firm Circle closes $440m funding round
US cryptocurrency company Circle has raked in $440m from a funding round.
Banking FinTech solarisBank push into cryptocurrencies with the launch of subsidiary solaris Digital Assets
German tech company solarisBank has unveiled its new subsidiary solaris Digital Assets, to strengthen its grip on the digital assets market.
Trading volume for Bakkt’s bitcoin futures hit just $5m in first week
Despite having been highly anticipated, the Intercontinental Exchange’s bitcoin futures contract only traded at a total value of $5m in its first week.
White House establishes framework for digital assets
The White House has launched a framework for the development of digital assets, which is the first of its kind in the US.
23 FinTech rounds raised in the last week
Last week proved a huge win for challenger banks and the Latin American FinTech sector. Check out these funding rounds to find out why.
UK consortium to initiate CBDC pilot scheme
A UK consortium of private sector firms will begin a year-long pilot scheme to test cross-border payments and provide recommendations to the Bank of England.
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