The National Bank of Kazakhstan (NBK) is considering investing up to $300 million in cryptocurrency-related assets, but officials say the recent market crash demands a cautious approach. Governor Timur Suleimenov explained during a November 28 briefing that the final investment amount may be significantly lower, possibly only $50 million, $100 million, or $250 million, depending…
South Korea’s Financial Services Commission (FSC) Chairman Lee Eok-won announced new measures to curb illicit activity in the cryptocurrency market. He made the remarks on November 28 during the 19th Anti-Money Laundering Day ceremony. His plan focuses on tightening anti-money-laundering controls and expanding the Travel Rule for virtual asset transactions. Expansion of the Travel Rule…
The United States has charged five people for helping North Korean IT workers infiltrate 136 U.S. companies.The Department of Justice (DOJ) is seeking to seize $15 million in cryptocurrency linked to APT38 cyberattacks.These actions expand a broader U.S.–U.K. crackdown on cyber-fraud networks across Asia. The U.S. Department of Justice has announced new measures targeting North…
The global financial landscape is undergoing a dramatic transformation. Traditional systems are showing signs of stress, leaving gaps in access, security, and trust. Amid this disruption, a new form of money is emerging one that is secure, immutable, interoperable, and decentralized. At the forefront of this movement is Pi Network, translating ambitious ideals into practical…
GATEOFWISE.COM How two Stanford-trained innovators built one of the world’s most inclusive blockchain ecosystems Seoul, South Korea The stage was modest, the mood electric. Hundreds of pioneers the devoted early adopters of Pi Network leaned forward as Dr. Nicolas Kokkalis and Dr. Chengdiao Fan (Cfan), the co-founders of Pi, shared their journey. Their conversation wasn’t…
GATEOFWISE.COM Pi Network has scheduled a system upgrade for September 25, between 8–10 AM PDT. During this period, sign-ups and sign-ins will be temporarily unavailable, though user balances and data will remain intact. The development team said the update is part of its ongoing efforts to strengthen the ecosystem and thanked users for their patience….
Highlights Gold prices keep hitting record highs, while bitcoin, despite struggling to stay above $100,000, continues to gain mainstream traction. Beyond acting as traditional hedges, both assets are now being used within exchange-traded funds (ETFs) to generate income, thanks to new strategies that combine exposure with options overlays. Investors are seeking diversification away from stocks…
The Brazilian Federal Police (PF), working with TRM Labs and Binance, have dismantled a major money laundering operation in an action called Operation Lusocoin. The crackdown, carried out on September 24, led to the seizure of R$22.5 million (about $4.3 million in USDT). Authorities say the criminal group, led from Dubai, is suspected of moving…
Swiss Bank Luzerner Kantonalbank (LUKB) has announced that it will now allow clients to use Bitcoin (BTC) and Ethereum (ETH) as collateral for loans. The bank, which launched crypto trading and custody services last May, is taking its first step into crypto-based lending. According to Finews, the move is designed to strengthen LUKB’s digital asset…
The crypto market faced a rough 24 hours, with over $1.13 billion in liquidations across major exchanges. Data from Coinglass shows that 252,502 traders lost positions, with $1.04 billion wiped out from long bets and $83.88 million from shorts. Ethereum (ETH) led the losses with $428.11 million liquidated, followed by Bitcoin (BTC) at $273.60 million,…
