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North Korea has reportedly surpassed El Salvador in Bitcoin holdings following a major cyberattack on the cryptocurrency exchange Bybit. The attack, which resulted in the theft of a significant amount of digital assets, is believed to be linked to North Korean state-backed hackers, further solidifying the regime’s reliance on crypto theft to fund its operations. The Bybit Hack and Its …

The Bank of Russia is set to begin testing smart contract functionalities for the digital ruble in Tatarstan, marking a significant step toward the country’s broader adoption of central bank digital currency (CBDC). This initiative aims to assess the potential of programmable payments and automated transactions in real-world business settings. Smart Contracts in the Digital Ruble Ecosystem Smart contracts are …

Cryptocurrency exchange Gemini has appointed a new Chief Financial Officer (CFO) as it positions itself for a potential initial public offering (IPO). The leadership change comes at a pivotal time for the company, which is navigating a rapidly evolving regulatory landscape while expanding its global presence. A Strategic Leadership Move Gemini, founded by Cameron and Tyler Winklevoss, has been steadily …

Solana has removed a recently released advertisement following intense criticism from the crypto community. The ad, which was intended to promote the blockchain’s growing ecosystem, was widely panned for being “offensive” and “cringe,” sparking a wave of negative reactions on social media. Community Outrage Over the Ad Shortly after its release, the ad faced immediate backlash, with many users calling …

Microsoft has issued a warning about a newly discovered Trojan targeting cryptocurrency wallets through malicious Chrome extensions. The malware, which has infected at least 20 different wallet-related browser extensions, is designed to steal digital assets by intercepting and modifying transactions. How the Trojan Operates The Trojan infiltrates users’ browsers by disguising itself as legitimate extensions or injecting malicious code into …