China Pacific Insurance’s subsidiary, CPIC Investment Management, has teamed up with investment firm Waterdrip Capital to create two cryptocurrency investment funds, signaling a more bullish stance on the sector than previously thought. The funds, named Pacific Waterdrip Digital Asset Fund…
China’s State-Owned Banks Offer Support to Hong Kong’s Crypto Industry
Banking Hurdles for Crypto Firms Banking for crypto businesses has been difficult due to the anonymous nature of digital assets, which raises red flags for traditional banks that prioritize know-your-client (KYC) procedures. It typically takes three months for crypto-focused companies…
Why Did North Korean Hackers Steal $1.3 Billion in Crypto in 2024?
North Korean hackers have increasingly targeted cryptocurrency platforms, stealing significant amounts and using advanced methods to hide their activities. In 2024, they were responsible for over half of the $2.2 billion lost globally to crypto theft. These attacks often involve…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
