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✇Tomshardware

South Korean authorities lose over $4.8 million in crypto after posting mnemonic recovery phrase online — stolen PRTG tokens part of funds seized by National Tax Service from high-value tax evaders

South Korea's National Tax Agency added a photo of a hardware wallet in a press release, which also listed its mnemonic seed phrase. This led to an unknown user using the code to recover the wallet and steal over US$4.8 million in crypto seized by the government.

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Four arrested following $1.6 million NFT heist in the Netherlands — data carriers, cash, cars, and house also seized as part of ongoing investigation

The police have picked up four people suspected of the theft of multiple NFTs amounting to 1.4 million Euros or US$1.65 million. The group was released after interrogation, but their house, cars, data carriers, and cash were seized as part of the investigation.

✇Tomshardware

Fear that quantum computing is on the cusp of cracking cryptocurrency's encryption spurs a global investment firm to remove Bitcoin from recommendations

Jefferies Global Head of Equity Strategy Christopher Wood said that quantum computing could break Bitcoin sooner rather than later, and that the debate between crypto developers and quantum computing will only be a "long-term positive for gold."

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