North Korea Stole More Than Half of $3.1B Hacked in 2022 [ Crypto Espresso 2.2.22 ]

Welcome to Thursday and I don't even Need to look up what day it is because You all know it's Groundhog Day last Year I did a gag where I repeated things Over and over again because of the movie But people didn't like it so I would Never do that again despite the fact That it is crypto espresso your teeny Tiny daily shot of caffeinated crypto Headlines wedding I said I wouldn't do It again anyway I'm your host Andrew and Deja Vu first up the Federal Reserve has Increased its base interest rates by 0.25 percentage points which is a much Smaller rise than previously it was a Much anticipated move that looked priced In but that didn't stop Bitcoin from Staging a miniature rally late on Wednesday Bitcoin passed twenty four Thousand dollars amid optimism that the Era of continual rate hikes could soon Be at an end with inflation beginning to Cool down and all of this coincided with The tech heavy NASDAQ surging to its Highest level since September of 2022 Both the bank of England and the European Central Bank followed in the Fed's Footsteps in reviewing their Interest rates on Thursday with both Opting for a rise of 0.5 percentage Points of course there are fears that Aggressive interest rate Rises could Spark recessions well it was a set of Bittersweet results for meta Mark

Zuckerberg's ambitious bet on the Metaverse lost a staggering 13.7 billion Dollars over the course of 2022 and this Trend is expected to continue well into 2023. despite that the tech giant has Predicted that revenues will hit 28.5 Billion in the first quarter of this Year which is better than it was before Apple cut off meta's access to iPhone Data this when coupled with plans for a 40 billion dollar stock buyback helped The company's stock Spike by almost 20 Percent meta's Executives maintain that There are significant long-term Opportunities when it comes to Virtual Worlds but try telling that to the People who just aren't interested a Judge has prohibited sambankment freed From contacting FTX employees without a Lawyer present and banned him from using Encrypted messaging apps like signal all Of this comes after SPF messaged a Potential witness in his upcoming trial Writing that he would like to vet things With each other which has been angled by The prosecution as witness tampering Judge Lewis Kaplan said sbf's message to Witness 1 was an attempt to make sure They are singing from the same hymn book The disgraced entrepreneur has caused no Shortage of headaches for his legal team Thanks to his numerous ill-advised media Interviews substack posts and Twitter Threads Andrew Tate who I guess is

Tangentially related to crypto has had His request to be freed from detention In Romania rejected by a judge for the Second time as he was escorted from the Courthouse in Romania he told reporters That they'll soon find out the truth of This case his legal team argues that There's a lack of evidence to keep him Behind bars on accusations of rape human Trafficking and forming an organized Crime group the ruling means he'll Remain Behind Bars until February 27th The earliest while the prosecution still Builds its case it's very possible that This detention could be extended further Still Tate his brother Tristan and two Romanian women deny any wrongdoing on Twitter the kickboxer turned influencer Appears to be likening himself to Nelson Mandela though given the Matrix is after Him I'd go with Keanu Reeves a record 3.8 billion dollars was stolen by crypto Hackers in 2022 new research from chain Ellisis reveals and worryingly 1.7 Billion dollars of that was linked to North Korean groups in the latest sign That crime has become a sizable chunk of The nation's economy this is four times Higher than the 429 million dollars that The secretive State swiped in 2021 and There's long been a belief that these Illicit funds are being used to fund Pyongyang's nuclear weapons program on a Brighter note though janalysis is the

Latest crypto crime report said while North Korea linked hackers are Undoubtedly sophisticated and represent A significant threat to the Cryptocurrency ecosystem law enforcement And National Security agency's ability To fight back is growing and finally Arc Invests crypto friendly founder Kathy Wood is sticking by her prediction that Bitcoin will surge to 1 million dollars By the end of the decade in a new report Her firm argues that the failure of Centralized businesses over the past Year have actually elevated bitcoin's Value propositions which are Decentralization auditability and Transparency over three four and Five-year time frames Arc invest says That Bitcoin has outperformed every Major asset class beyond that Institutions including BlackRock bny Melon and Fidelity among others Committed to bitcoin during the bear Market arc's research forecasts that Digital assets could end up being a 10 Trillion dollar industry by 2023 also Which is compared to about 1 trillion Today and speaking of 10 trillion Dollars that's a lot of money unrelated To that please like this video subscribe To our YouTube channel and click on that Little bell icon to get buzzed whenever New crypto espresso video goes live you Know it is Groundhog Day so if you see

Your Shadow today what are we getting Six more weeks of Sam bankman free doing Ill-advised interviews Elon Musk making Edgy tweets that a 14 year old would Make or Mark Zuckerberg's online avatar Still looking like poop well keep those All to yourself because comments are Still disabled questions about our Headlines or crypto in general well just Ask Alex in that description below Alex Is a great resource for all things went Through and the metaverse end That about does it for today now I'm Gonna actually have to take tomorrow off Because I need to ask my son if he sees His shadow when we pull him out of my Wife's uterus uh no but really that's That's actually happening tomorrow so Expect me to sound much more sleep Deprived in the next few months but it's Okay your faces are still beautiful and Shining and I should hopefully see you All on Monday please knock on the Nearest piece of wood

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