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North Korean Hackers Steal $3 Billion in Crypto: Report

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coinmarketcap.com

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news@coinmarketcap.com

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Tue, Jun 13, 2023 12:49 PM

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Crypto News Update: Regulatory Bill, Cybercrime, and Legal Disputes ‌ ‌ ‌ ‌ â€

Crypto News Update: Regulatory Bill, Cybercrime, and Legal Disputes ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Market Activity Total Market Cap $1.06T (+0.86%) 24 Hour Volume $28.55B (-2.72%) Notable Movers[(LUNC) $0.00009591]( (+9.84%) Notable Movers (DeFi)[(ALPHA) $0.1229]( (+23.86%) Bitcoin Dominance 47.66% [(-0.08%)]( Bitcoin Price[(BTC) $26,109.46 (+0.57%)]( Ethereum Price[(ETH) $1,747.06 (+0.17%)]( Cardano Price[(ADA) $0.2828 (+0.20%)]( Today’s Top Stories [Republicans Introduce Bill to Remove Gensler from SEC]( House Republicans, Reps. Warren Davidson and Tom Emmer, have introduced the SEC Stabilization Act, which seeks to restructure the Securities and Exchange Commission (SEC) by eliminating the position of SEC chair and adding a sixth commissioner. The bill aims to enhance investor protection and promote consistent oversight, reflecting concerns about the SEC's approach to cryptocurrencies. [Report: North Korean Hackers Have Stolen $3 Billion Worth of Crypto]( Hackers backed by North Korea have executed sophisticated schemes over the past five years, posing as various professionals to steal around $3 billion in cryptocurrency. These cyberattacks serve as a vital source of funding for North Korea's missile programs, and their evolving tactics pose challenges for targeted companies in detecting and preventing these activities. [Hong Kong Lawmaker Embraces Coinbase Amid SEC Crackdown]( Hong Kong lawmaker Johnny Ng has invited the crypto industry, including Coinbase, to apply for registration in the region, coinciding with Hong Kong's acceptance of applications for crypto trading platform licenses. Coinbase, while expanding globally, remains committed to advocating for regulatory clarity in the United States. [eToro Delists Crypto Assets Deemed Securities by SEC]( eToro will no longer allow U.S. customers to purchase certain tokens on its platform due to regulatory developments, following a similar move by Robinhood. The decision aligns with the SEC's classification of these tokens as securities and highlights the cautious approach taken by trading platforms in response to evolving regulations. [Judge Dismisses BitGo Lawsuit Against Galaxy Digital]( A Delaware judge has dismissed the lawsuit filed by BitGo against Galaxy Digital over their canceled acquisition deal, with the judge ruling in favor of Galaxy. BitGo intends to appeal the decision, while the case sheds light on legal disputes within the crypto industry and the challenges associated with high-value transactions. [Read The Full Newsletter]( [Last Week on Crypto Twitter: Still Home, But Getting Evicted]( Last Week on Crypto Twitter: Still Home, But Getting Evicted Rough week for crypto — take a look at what CT's thoughts are on the latest regulatory crackdowns. [Read More]( [What Is NFT 2.0? New NFT Token Standards on the Horizon]( What Is NFT 2.0? New NFT Token Standards on the Horizon Explore new token standards for NFTs and its potential uses cases in bringing more utility to the current NFT market. [Read More]( Thanks for reading! Have a great day — more news tomorrow! [Facebook]( [Twitter]( [Instagram]( [Telegram]( Was this email forwarded to you? [Sign up here](. WANT MORE CRYPTO BITES? [Sign up here]( for Daily Newsletters, Promotions and Events and Prices [ADVERTISE]( | [CAREERS]( | [FAQ]( © 2023 CoinMarketCap [Unsubscribe]( [coinmarketcap.com]( CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States

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