North Korean hackers net $2.5 million profit after WBTC sales Market observers noted that the recent crypto trade by Lazarus Group suggests preparation for further exploits.Blockchain intelligence platform SpotOnChain reported that North Korea’s state-backed hacking group, Lazarus, has pocketed over $2.5 million in profit from a recent sale of wrapped Bitcoin (WBTC).
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SEC confirms PoW crypto mining exempt from securities law The SEC clarifies that proof-of-work miners and pools are free from securities laws as their activities focus on network security and transaction validation. The US Securities and Exchange Commission (SEC) has clarified its stance on crypto mining under proof-of-work (PoW) protocols, stating that mining activities do not involve offering and selling securities. This applies to assets such as Bitcoin (BTC) and Litecoin (LTC).
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Major leadership shift at HK Asia Holdings as Bitcoin Magazine takes the helm Veteran crypto leader John Edwin Riggins becomes CEO as Bitcoin Magazine deepens its investment in Asia's thriving crypto market. In a significant move that solidifies Bitcoin Magazine’s presence in Asia, HK Asia Holdings (01723.HK) has announced key leadership changes effective March 14, 2025. This development marks a pivotal moment for Bitcoin Magazine’s expansion strategy in the region.
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