Fraudulent tech workers with ties to North Korea target a range of industries, including blockchain companies, with schemes and infrastructure spreading worldwide.
Stephen Katte
Stephen Katte is a staff writer at Cointelegraph and a member of the Asia-Pacific news desk. He joined the publication in 2022 and reports on cryptocurrency and related industry developments. Prior to joining Cointelegraph, he covered international and local news, including work with Australian regional publications affiliated with Fairfax Media and Nine. He holds a bachelor’s degree in writing from the University of Canberra.
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US Treasury sanctions enablers of North Korea IT worker fraud ring - News
New Zealand regulator says NZDD stablecoin not a financial product Law firm MinterEllisonRuddWatts, which acted on behalf of the stablecoin’s issuer, says the designation of the token is an important step for regulatory clarity.
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BoE open to scrapping stablecoin limit idea after backlash Industry groups have criticized the UK’s proposed stablecoin holding limits, arguing they would signal that the UK is hostile to crypto and stifle innovation.
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DAOs aren't doomed, they just need to evolve: Aave founder A proposal to transfer control of Aave’s brand assets and intellectual property to its DAO failed in January, prompting debate over the protocol’s long-term direction.
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Bitcoin is back in ‘FOMO territory’ after crossing $70K: Santiment US President Donald Trump's recent comments about Iran helped trigger a Bitcoin rally, leading to an uptick in social media sentiment about Bitcoin.
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Bhutan moves $11.8M in BTC from its national stash: Arkham Bhutan has accumulated around 13,000 Bitcoin since launching state-backed mining operations in 2019, primarily fueled by hydroelectric energy.
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US banking lobby weighs lawsuit against OCC over crypto trust charters The OCC has granted conditional approvals to several crypto firms since December, including BitGo, Ripple, Paxos, and Crypto.com, while others such as Zerohash have filed applications.
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Bybit doubles down on Middle East operations amid regional tensions It’s estimated that roughly 1,800 crypto companies operate in the United Arab Emirates, employing more than 8,600 people in various roles.
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Crypto regulatory clarity matters more for banks, ex-CFTC chief says If the CLARITY Act fails to pass, Giancarlo said he expects Paul Atkins at the SEC and Mike Selig at the CFTC will likely write rules to create clarity for the industry.
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Crypto stocks rally as Trump, regulators signal pro-crypto policy shift Bitcoin has jumped as well, increasing 7.6% in the last 24 hours, while Ether is up more than 8.3% to trade at $2,132.
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Coinbase, Microsoft and Europol take down phishing service ‘Tycoon 2FA’ Tycoon 2FA accounted for 62% of phishing attempts Microsoft blocked by mid last year, including over 30 million emails in a single month.
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Indiana governor signs bill allowing crypto in retirement plans House Bill 1042 also includes provisions to protect the rights of crypto users, barring public agencies from enforcing rules that ban crypto payments, self-custody, or mining.
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‘ClickFix’ hackers pose as VCs, hijack QuickLens in latest crypto attacks The ClickFix technique gained popularity among crypto hackers last year, but security researchers have been tracking it since 2024, with targets spanning several industries.
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Bitcoin to see tailwinds if AI prompts ‘easier monetary policy’: NYDIG NYDIG’s Greg Cipolaro says AI could be a “general-purpose technology,” and its effects on the economy could be a boon for Bitcoin.
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February crypto losses hit lowest level since March 2025, says PeckShield PeckShield said fewer mega-hacks, heightened volatility and tighter risk controls may have helped push crypto losses to their lowest level in 11 months.
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Australian crypto execs upbeat on progress despite lingering issues Self-managed super funds are becoming a vehicle for Australians to invest in digital assets as traders search for ways to diversify their holdings.
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Jack Dorsey’s Block to cut 4,000 jobs in AI-driven restructuring In a shareholder letter, Dorsey said he expects other companies to follow suit soon and reduce headcount in the wake of AI advancements.
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WLFI proposes governance staking system and USD1 usage incentives World Liberty Financial’s USD1 is the fifth-largest stablecoin by market capitalization at $4.7 billion, while USDT is the market leader, followed by USDC.
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UK security committee chair urges temporary ban on crypto political donations The Reform UK party was the first to accept crypto donations in May last year, with leader Nigel Farage announcing the group is accepting Bitcoin and other cryptocurrency contributions.
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South Korean man indicted in alleged pesticide poisoning tied to crypto losses South Korean prosecutors reportedly accused a man of poisoning a business partner with pesticide in a dispute over losses due to crypto trading.
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Bitcoin Depot to require ID for all transactions at its crypto ATMs Bitcoin Depot is moving to require ID for all transactions as regulators have cracked down on crypto ATM operators over scams and money laundering concerns.
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Ex-Chainlink exec joins SEC’s crypto task force as new legal chief Taylor Lindman joins the task force after five years at Chainlink Labs, filling a role left by now-CFTC chief Michael Selig.
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Vitalik Buterin proposes using AI to strengthen DAO governance A researcher at the Near Foundation told Cointelegraph last year that he was working on AI-powered digital twins that vote on behalf of DAO members to address low voter participation.
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Missouri lawmakers advance new Bitcoin strategic reserve bill A similar bill proposing a Bitcoin strategic reserve was introduced in February last year, but failed to advance past the committee stage.
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ETHZilla offers token tied to jet engine leases amid tokenization pivot Crypto treasury firm ETHZilla recently sold some of its crypto to begin a tokenization push by buying two jet engines leased to a US airline.
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Crypto Super PAC earmarks $1.5M to unseat Al Green in Texas Al Green is running against Christian Menefee in the Democratic Party primary elections next month, with Texas one of the first states to vote.
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Russia is blocking WhatsApp to push ‘surveillance’ app, company says Russian news outlets reported on Wednesday that WhatsApp’s domain had been completely blocked and was inaccessible without a VPN or another workaround.
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Ethereum developers suggest using ZK tech to anonymize AI use Ethereum co-founder Vitalik Buterin and the Ethereum Foundation’s head of AI have proposed a method to keep users’ AI API calls private while still allowing punishment for abuse.
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Crypto super PAC to spend $5M on Barry Moore’s Senate bid Crypto political action committee Fairshake spent roughly $130 million during the 2024 US elections to support pro-crypto candidates.
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Circle targets ‘durable’ infrastructure to drive institutional stablecoin adoption Circle has flagged scaling its payments network and institution-focused blockchain as a 2026 priority as companies look to examine how to use stablecoins.