How Could Political Change Unrest Affect Crypto In 2020
Joanna Lillis, writing in Eurasianet on 7 January, described Tokayev's shoot to kill declared policy and his terminology, including "bandits and terrorists ... to be eliminated", as resembling that of Russian president Vladimir Putin. Lillis saw this as a significant change from Tokayev's earlier promises of liberalising the political situation and consulting civil society. She interpreted the dismissal and arrest of Karim Massimov, head of the National Security Committee and close to Nazarbayev, together with a statement by Nazarbayev's former adviser Ermukhamet Ertysbayev that a coup d'état had been attempted, as signs of a significant shift of power within the Kazakh political elites from Nazarbayev to Tokayev. She considered the claims of an attempted coup d'état to be credible. Other analysts dispute this, as no details were provided upon Massimov's arrest on what actions could have represented an attempted overthrow of the government.
How Could Political Change Unrest Affect Crypto in 2020
Hans-Henning Schröder, a political scientist and expert on Russia, told Deutsche Welle: "All of Russia's major neighbors have been rocked by social unrest. If I were in the Kremlin, I would start to worry about whether Russia could be next."
On January 17, 2022, major cryptocurrency exchange Crypto.com suffered a cyber attack that led to unauthorized withdrawals of bitcoin and Ether worth $35 million and affected at least 483 user accounts.
On January 17, 2022, major cryptocurrency exchange Crypto.com suffered a cyber attack that led to unauthorized withdrawals of bitcoin and Ether worth $35 million and affected at least 483 user accounts. The exchange has subsequently instituted strict 2FA measures a fund restoration program for qualifying users.
On June 19, 2018, approximately $31 million in virtual currency was stolen from BitHumb, a South Korean cryptocurrency exchange, marking the third theft in the last 16 months. In August 2019, the UN Security Council Panel of Experts indicated DPRK-affiliated actors were behind the theft. Proceeds were laundered through a separate crypto-currency exchange called YoBit. The company stated they would compensate customers affected.