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A South Korean court has sentenced three individuals for their involvement in a large-scale cryptocurrency scam, highlighting the country’s crackdown on fraudulent digital asset schemes. The convicted members were found guilty of defrauding investors through deceptive crypto investment promises. According to court documents, the scam involved luring victims with the promise of high returns on cryptocurrency investments. The perpetrators used …

Bitcoin mining firm Marathon Digital Holdings (MARA) has announced plans to raise up to $2 billion through a stock sale, aiming to increase its Bitcoin holdings and invest in new mining infrastructure. The move underscores the company’s commitment to scaling operations amid growing competition in the industry. According to filings with the U.S. Securities and Exchange Commission (SEC), MARA intends …

Russian energy giant Gazprom has launched a blockchain-powered digital assets initiative, marking a significant step in its adoption of decentralized technology. The move is aimed at enhancing transparency, efficiency, and security in the company’s operations while exploring new financial instruments. Gazprom’s digital assets platform is designed to tokenize various forms of value, including energy-related assets, financial contracts, and supply chain …

Japan is set to reclassify cryptocurrencies as financial products, a move that will subject digital assets to stricter regulations, including insider trading restrictions. The decision aims to enhance investor protection and align crypto markets with traditional financial instruments. According to reports, Japan’s Financial Services Agency (FSA) is working on regulatory changes that will bring cryptocurrencies under the same legal framework …

Cybersecurity researchers have identified a new Android malware, dubbed “Crocodilus,” that is designed to steal sensitive cryptocurrency wallet credentials. The malware poses a significant threat to crypto investors by targeting login details, private keys, and other security information stored on mobile devices. According to the research, Crocodilus spreads through malicious apps disguised as legitimate crypto-related tools, such as wallet managers …