Crypto News

The National Anti-Corruption Bureau of Ukraine has seized $1.5 million worth of cryptocurrency from Yuriy Shchigol, Ukraine's former head of the State Special Communications Service, according to local news outlet RBC.

The North Korean hacker group stole the funds over the last six years, which was likely used to fund the country's projects, the report said.

The latest price moves in bitcoin and crypto markets in context for Dec. 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

KuCoin Ventures' funding will be allocated to five "mini-apps" on TON focusing on payments and gaming.

The suit was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 others, who claim they lost a combined $57 million.

Overall crypto market capitalization is at its highest level since May 2022 with nearly $400 billion added since the start of October.

COIN reached its highest level since April 2022, rising to $130.31 on Wednesday.

Data shows over $1 billion worth of BTC has been withdrawn from exchanges recently.

Republican Rep. French Hill and Democrat Rep. Jim Himes see potential future floor votes for crypto bills being key to convincing the Democrat-controlled Senate to play ball.

The findings have an echo of De Vries' previous criticisms of Bitcoin, which have hitherto centered on the electricity usage of bitcoin mining.