Justice Department Says It Seized $ 3.6 Billion Worth of Bitcoin Stolen in 2016 Hack

WASHINGTON — The Justice Department said Tuesday it seized over $ 3.6 billion worth of digital currency stolen during a hack of a cryptocurrency exchange and arrested two suspects for allegedly trying to launder the proceeds. The value of the cryptocurrency at the time it was seized last week marks the largest financial seizure ever … Read more

Turkey’s inflation hits nearly 50%, highest in two decades

Pedestrians walk at Mahmutpasa district, one of Istanbul’s biggest textile shopping center, near Grand Bazaar in Istanbul on November 24, 2021. OZAN ​​KOSE | AFP | Getty Images The annual inflation rate in Turkey has surged to a 20-year high of 48.7%, state data revealed on Tuesday, despite months of assurances by President Recep Tayyip … Read more

India digital currency to launch in 2022-2023, finance minster says

Two thousand rupee notes on display with an Indian flag in the background. Manish Rajput | SOPA Images | LightRocket via Getty Images India’s central bank will launch a digital version of the rupee in the next financial year, the country’s finance minister said on Tuesday. “Introduction of a central bank digital currency will give … Read more