Crypto
Coding vulnerability may cost a crypto company $100M
The Federal Trade Commission (FTC) wants a crypto company that was attacked by hackers to reimburse $100 million to its customers.
Read more about Coding vulnerability may cost a crypto company $100M
Bitcoin price keeps dropping despite Strategy spending billions on BTC
The price of the biggest cryptocurrency, bitcoin (BTC), is still looking for a bottom, despite major investors pouring billions into the market, while some traditional sector analysts are going for doom-and-gloom forecasts.
Read more about Bitcoin price keeps dropping despite Strategy spending billions on BTC
Financial privacy in focus as odds of Samourai pardon rise
On the same day, both US President Donald Trump and the Securities and Exchange Commission sent signals that strengthen hopes for change in how financial privacy is perceived and regulated in the United States.
Read more about Financial privacy in focus as odds of Samourai pardon rise
React vulnerability hits crypto websites with drainers
A vulnerability found in one of the most popular JavaScript libraries for building websites, React Server Components, has also affected websites in the crypto industry.
Read more about React vulnerability hits crypto websites with drainers
Crypto icon falls: Do Kwon gets 15 years in prison
In the US, Do Kwon, who is considered to be one of the main reasons for the crypto market collapse in May 2022, was sentenced to 15 years in prison, even more than prosecutors asked for, for his role in “a $40 billion worldwide fraud.”
Read more about Crypto icon falls: Do Kwon gets 15 years in prison
Top crypto execs targeted in China's WeChat account hacks
At least two high-profile crypto industry executives have been targeted by hackers who stole their WeChat accounts, prompting others to warn millions of followers about the risks.
Read more about Top crypto execs targeted in China's WeChat account hacks
After years of silence, Silk Road bitcoin is on the move again
A bitcoin (BTC) wallet associated with the legendary and now-defunct darknet marketplace Silk Road has resurfaced, sending millions of dollars’ worth of BTC to an unknown address.
Read more about After years of silence, Silk Road bitcoin is on the move again
ChatGPT flags crypto romance scam after widow loses $1M
While both criminals and cybersecurity experts engage in a tug of war using AI-powered tools, a widow in the San Francisco Bay Area has showcased how a simple ChatGPT prompt can help protect people from falling victim to crypto scammers.
Read more about ChatGPT flags crypto romance scam after widow loses $1M
Beware of crypto wallet-draining 'support channels' on Telegram
Crypto security researchers warn of hundreds of fake crypto-related support channels on Telegram that are designed to spread wallet drainers.
Read more about Beware of crypto wallet-draining 'support channels' on Telegram
Suspect Danish Zulfiqar tied to major crypto thefts may be arrested
A cybercriminal suspected of involvement in crypto asset thefts worth hundreds of millions of USD might have been arrested and had his assets seized.
Read more about Suspect Danish Zulfiqar tied to major crypto thefts may be arrested
Whitehats found a black hole in Solana Seeker’s chip
Security researchers have demonstrated that a popular processor used in Android phones, including the Seeker smartphone released by the developers of the popular Solana (SOL) blockchain, can be compromised, endangering users’ crypto assets.
Read more about Whitehats found a black hole in Solana Seeker’s chip
Europol seizes $29M bitcoin laundering “cryptomixer”
Europol, along with other law enforcement agencies, has dismantled a cryptocurrency mixing service believed to be used in cybercriminal activities and money laundering schemes.
Read more about Europol seizes $29M bitcoin laundering “cryptomixer”
Crypto criminals increasingly go chain-hopping to launder money
Quickly swapping crypto assets across multiple blockchains, or different assets on the same blockchain, known as chain-hopping, is becoming a preferred method to launder illicit funds, according to blockchain analysts.
Read more about Crypto criminals increasingly go chain-hopping to launder money
Major South Korean crypto exchange Upbit suffers $37M “abnormal withdrawal”
It appears that another major crypto exchange has been hacked, forcing South Korean platform Upbit to halt withdrawals and deposits and initiate a search for the stolen funds.
Read more about Major South Korean crypto exchange Upbit suffers $37M “abnormal withdrawal”
Three violent crypto robberies: torture, smoke bombs, and $11M theft targeting OpenAI CEO’s ex
This week has already been marked by three reports of crypto-related physical attacks, which once again remind us of the importance of properly securing our funds and ourselves.
Read more about Three violent crypto robberies: torture, smoke bombs, and $11M theft targeting OpenAI CEO’s ex
Klarna to roll out dollar-backed stablecoin
The Swedish fintech is to launch US dollar-backed stablecoin, as its previously skeptical CEO says crypto is finally at a stage where it is fast, low-cost, secure, and built for scale.
Read more about Klarna to roll out dollar-backed stablecoin
New SEAL report shows whitehats saved $52M during live crypto hacks
A new database of known whitehat rescues has revealed that these ethical hackers helped blockchain-powered protocols save at least $51.9 million in crypto assets across 11 instances over the past three years.
Read more about New SEAL report shows whitehats saved $52M during live crypto hacks
Cardano blockchain split prompts FBI investigation while ADA token dips
Cardano (ADA), one of the popular blockchains, has experienced a so-called chain split. The co-founder of the project states that "the FBI is already involved," and a developer has taken responsibility for the incident.
Read more about Cardano blockchain split prompts FBI investigation while ADA token dips
GANA Payment loses $3M in hack as WhatsApp Eternidade Stealer spreads in Brazil
On Thursday, crypto payment infrastructure developer GANA Payment confirmed it had been attacked. The team claims that its "interaction contract" was targeted, and it, together with an external firm, is investigating the incident.
Read more about GANA Payment loses $3M in hack as WhatsApp Eternidade Stealer spreads in Brazil
67-year-old Samourai CTO sent to prison in controversial bitcoin privacy case
The last verdict in the privacy-focused bitcoin (BTC) wallet Samourai case has been announced, a reminder of wider implications for the whole cryptoasset industry.
Read more about 67-year-old Samourai CTO sent to prison in controversial bitcoin privacy case