Crypto

Coinbase hack linked to third-party vendor leak in India, sources say

Coinbase was allegedly made aware in January of an earlier customer data leak at its third-party vendor, TaskUS in India, which led to a larger breach at the cryptocurrency exchange, estimated to cost up to $400 million in damages.
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Insurers eye a quick buck from crypto-kidnapping fears

Insurance companies are eyeing an opportunity to respond to the latest string of crypto-kidnapping cases with new policies.
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Binance calls SEC dismissal of lawsuit against crypto exchange 'landmark moment'

The US Securities and Exchange Commission on Thursday voluntarily dismissed its civil lawsuit against Binance, the world's largest cryptocurrency exchange, extending the regulator's new approach to cryptocurrencies since President Donald Trump reentered the White House.
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NY crypto investor charged with kidnapping business partner over bitcoin in 3-week long "wrench attack"

A New York grand jury has indicted a 37-year-old cryptocurrency investor accused of violently kidnapping a business partner in Manhattan's upscale Soho neighborhood for three weeks, in a newly coined “wrench attack.”
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US banks edge into crypto, holding out for clearer regulatory approval

Big U.S. banks are holding internal discussions about expanding into cryptocurrencies as they get stronger endorsements from regulators, but initial steps will be tentative, centering on pilot programs, partnerships or limited crypto trading, according to four industry executives. Wall Street giants that had been largely blocked from many crypto activities by strict regulations are poised to grow quickly.
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Trump draws global crypto investors with $148 million meme coin dinner

Buyers of President Trump’s meme coin are converging from around the globe on Thursday for an exclusive dinner at his private country club, overlooking the Potomac River, just outside the nation’s capital.
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Crypto community fear the worst after kidnappings

Alexandre Aimonino draws reassurance from changes he has made to his daily routine after a spate of crypto related kidnappings hits France.
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Lagging in illicit stablecoin freezing helps criminals launder funds

While blockchain investigators complain about slow responses from some centralized exchanges and stablecoin issuers when it comes to freezing illicit funds, a new report shows how this process works and how much it has already cost.
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Thousands of channels closed on Telegram, disrupting major illicit marketplaces

Two major illicit marketplaces, Xinbi Guarantee and Huione Guarantee, have been hit as Telegram closed "thousands" of channels belonging to these cybercriminals.
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'Fight like hell': A failed crypto-related kidnapping in Paris recorded by witnesses

France is increasingly dominating cryptoasset-related physical attack headlines this year, as another attempt to kidnap family members of a crypto entrepreneur happened in broad daylight in Paris on Tuesday.
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Crypto-stealing malware now found on AI content generators

As scammers follow online tool usage trends, it's no wonder that the latest detected method of spreading malware has been found on artificial intelligence (AI) content generation platforms.
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Alex Mashinsky, Celsius crypto lending founder, sentenced to 12 years prison for fraud

The founder and former CEO of bankruptcy cryptocurrency lender Celsius Network, Alex Mashinsky, was sentenced on Thursday to 12 years in prison after pleading guilty in December to securities and commodities fraud.
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Decentralized crypto exchanges at an existential crossroads as hackers run wild

Decentralized crypto exchanges (DEXes) should be thankful that the victim of the largest heist in history was “just” a major crypto player and not a traditional finance giant with a huge cryptoasset portfolio. Otherwise, the regulatory and political crackdown on DEXes could have been much more severe in an attempt to prevent criminals from using these platforms.
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Buy $TRUMP meme coin, get dinner with the President

President Donald Trump's meme coin surged more than 60% on Wednesday after a post announcing "the most EXCLUSIVE INVITATION in the world" promised the top 220 buyers of $TRUMP a private gala dinner with the president on May 22nd.
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Ethereum phishing scam victims warned in Operation Avalanche

While US President Donald Trump antagonizes Canadians with his statements that the US neighbor should become the 51st state of the US, law enforcement and regulators of both countries cooperate to disrupt crypto crime.
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1 bitcoin up for grabs if you manage to break 'toy bitcoin' with a quantum computer

A new competition should test the current resistance of bitcoin's cryptography.
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Cristiano Ronaldo’s Binance collab sparks crypto scam fears

World football star Cristiano Ronaldo is now the face of cryptocurrency exchange Binance, announcing a partnership to launch a series of non-fungible tokens (NFTs).
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Ethereum-powered ZKsync loses millions over compromised admin account

Another incident in the crypto world is a reminder that the supply of altcoins can be relatively easily manipulated, allowing attackers to flood the market with tokens.
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Bitcoin mining contributes to significant air pollutant emissions, study finds

Millions of Americans have been exposed to PM2.5 pollution, which increases the likelihood of various diseases.
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NFT market's decline marked by hidden taxes and sales at a loss

As the non-fungible token (NFT) market keeps dropping this year, some investors are facing a double hit with extra tax bills, while others are selling their tokens at a multimillion-dollar loss.
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