FinCEN Seeks to Block Huione from US System Citing North Korea-Linked Crypto Crimes
News

FinCEN Seeks to Block Huione from US System Citing North Korea-Linked Crypto Crimes

The US Treasury Department is taking steps to sever financial ties with Cambodia-based Huione Group over its alleged involvement in laundering billions in illicit crypto-linked funds. In a move targeting potential national security risks, the Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed a rule that would prohibit Huione from accessing the US financial system, […]
Crypto Exchange Kraken Uncovers North Korean Espionage Plot
News

Crypto Exchange Kraken Uncovers North Korean Espionage Plot

Crypto exchange Kraken’s latest security disclosure reads less like a corporate blog post than a field report from the front lines of modern cyber-warfare. Published on 1 May 2025 under the blunt title “How we identified a North Korean hacker who tried to get a job at Kraken,” the account describes in granular detail how […]
Kuwait Clamps Down On Bitcoin Mining As Power Grid Reaches Breaking Point
News

Kuwait Clamps Down On Bitcoin Mining As Power Grid Reaches Breaking Point

The government of Kuwait has initiated a crackdown on cryptocurrency miners throughout the nation, accusing them of aggravating power shortages with summer just around the corner, according to a Reuters report. The interior ministry last week declared a “wide-ranging” security campaign targeting houses that have been converted into mining centers. Related Reading: Crypto Confidence Returns: […]