cryptocurrency

The haul was valued at US$545 million when it was stolen on March 23, but was worth about US$615 million based on prices Tuesday, making it one of largest thefts ever in the crypto world.

A couple allegedly sought to launder the proceeds of 119,754 bitcoin – then valued at US$65 million – that were stolen during a 2016 hack of the virtual currency exchange Bitfinex.

The largest cryptocurrency trading down 7.4% at US$33,650, its lowest since July 24, taking losses from its all-time high of US$69,000 hit in November past 50%.

A UN panel of experts that monitors sanctions on North Korea has accused Pyongyang of using stolen funds to support its nuclear and ballistic missile programs to circumvent sanctions.

Having more than trebled in value to US$60,000 between December 2020 and April, bitcoin has lost some shine to trade at under US$50,000 heading into the new year.

This comes after an influential Indonesian ulama body declared the lucrative digital currency trade as haram.

The gambling ring is reportedly the biggest ever uncovered by Vietnamese police.

The country's powerful Ulama Council issues a fatwa, or religious edict, as virtual currency trading soars in Indonesia and elsewhere.

Mastercard says its partners can also allow customers earn and spend rewards in cryptocurrency instead of loyalty points.

Bitcoin can be bought and spent using a cyber wallet app called Chivo, while cash can be drawn, in dollars, from some 200 bitcoin ATMs hastily erected countrywide.

Facebook's crypto unit head says company leaders 'feel pretty committed' to launch the digital wallet called Novi this year.

UK-based customers will be able to choose from four types of cryptocurrency: Bitcoin, Ethereum, Litecoin and Bitcoin Cash.