Author: Cointelegraph By Arijit Sarkar

The Bank of Israel released a preliminary design proposal for a digital shekel (DS), Israel’s potential central bank digital currency (CBDC), despite no solid intent as yet for an official launch. On March 3, the Bank of Israel’s Steering Committee issued an initial design for an in-house CBDC — outlining its supporting ecosystem, functionality, technical…
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Bybit CEO Ben Zhou confirmed that $280 million of the $1.4 billion stolen from the exchange has been laundered and is no longer traceable. Still, about $1.07 billion remains trackable, allowing investigators to continue their efforts to recover the funds. On March 4, Zhou provided an update on the movement of 500,000 Ether (ETH) stolen…
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Crypto scammers stole over 1 million British pounds ($1.2 million) from nine residents in Kent, England, after gaining access to their personal information from a data leak. On March 1, Kent Police urged residents to be vigilant against ongoing cryptocurrency fraud attempts. Bad actors accessed the Kent residents’ personal information and misused it to generate…
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More than 1,200 cryptocurrency ATMs mysteriously went offline in the United States during the first weekend of March, just days after a senator introduced the Crypto ATM Fraud Prevention Act to stop crypto ATM fraud. On Feb. 25, Illinois Senator Dick Durbin proposed legislation to target fraud at crypto ATMs in the US, citing a…
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Hong Kong’s Cyberport, a government-backed business hub focused on Web3, blockchain and artificial intelligence, is ramping up its investment in emerging technologies to position the city as a global tech leader. On Feb. 27, Cyberport hosted the “AI Safety, Trust, and Responsibility” forum with international AI academic institutions to discuss AI governance, safety and responsible…
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Japanese Bitcoin treasury firm Metaplanet issued 2 billion Japanese yen ($13.35 million) in bonds to continue expanding its BTC reserves, marking the latest move in a series of purchases that began in May 2024. On Feb. 27, Metaplanet announced the fresh issuance of 0% ordinary bonds worth 2 billion yen to purchase Bitcoin (BTC). According…
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