#crypto

Ladan Stewart, the leader of the SEC's crypto unit, has transitioned from the agency to join the law firm White & Case, Bloomberg reports. In her new role, she will spearhead the development of crypto and cybersecurity practices.

Following the shutdown of the LockBit hacker group’s website and other actions by law enforcement, including sanctions against numerous fraudulent crypto wallets, analysts have published several key points that might have gone unnoticed:

In China, local governments and law enforcement agencies warned the public against illegal fundraising activities masked as lucrative crypto investments.

Backpack, a new cryptocurrency exchange, has officially launched operations in 11 U.S. states, including California, Colorado, and Indiana.

PostFinance, one of Switzerland's major banks, is stepping into the cryptocurrency world with a service for retail clients, launching on February 21, 2024. The service will allow users to purchase, store, and even set up savings plans for digital assets. Initially, it will offer access to 11 popular cryptocurrencies.

Researchers found that emojis expressing positive emotions in social media posts can predict upward trends in the cryptocurrency market.

North Korean hackers are now leveraging artificial intelligence to orchestrate more complex cyberattacks targeting military, infrastructure, and financial entities, including crypto projects. This advancement has been acknowledged by AI developer OpenAI, Microsoft, and the South Korean government, which consistently monitors attempts to infiltrate its public sector employees.

Brian Nelson, the U.S. Deputy Treasury Secretary for Terrorism and Financial Intelligence, conceded in a Congressional hearing that the role of cryptocurrencies in funding terrorism has been overstated.