Kraken Is Latest Crypto Firm to Say SEC Agrees to Drop Lawsuit March 4, 2025 By Olga Kharif Kraken said the US Securities and Exchange Commission has agreed in principle to drop its lawsuit against the cryptocurrency exchange,...
Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen February 24, 2025 By Emily Nicolle, Muyao Shen and Olga Kharif Crypto exchange Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion worth...
North Korean Hackers Stalk Crypto Startups Scrimping on Security March 25, 2024 By Anna Irrera and Olga Kharif It’s every cryptocurrency project’s nightmare: Well-resourced hackers — perhaps backed by a rogue state like North Korea — strike out...
Hackers Stole About $1.7 Billion This Year From Crypto Projects December 12, 2023 By Olga Kharif The amount of funds crypto projects lost to hackers has declined by about half to around $1.7 billion so far...
US Is Seeking More Than $4 Billion From Binance to End Case November 21, 2023 By Chris Strohm, Allyson Versprille and Olga Kharif The US Justice Department is seeking more than $4 billion from Binance Holdings Ltd. as part of a proposed resolution...
‘Financial Hacking’ Plagues DeFi in Latest Setback for Crypto October 20, 2022 By Hannah Miller and Olga Kharif Decentralized finance, the once red-hot slice of the crypto universe that was at the center of this year’s collapse of...
Hacker Gets $50 Million in Heist of DeFi’s Mango October 17, 2022 By Olga Kharif The community of decentralized-finance application Mango DAO on Saturday got back a portion of about $100 million stolen this week...
Hackers Steal $100 Million by Exploiting Crypto’s Weak Link June 24, 2022 By Olga Kharif Hackers looted about $100 million from a so-called cryptocurrency bridge, again exposing a key vulnerability in the digital-asset ecosystem. Blockchain...
Behind the Crypto Broker Accused of Enabling Ransomware Hackers October 6, 2021 By Kartikay Mehrotra and Olga Kharif A cryptocurrency broker that the Biden administration considers a key cog in the recent ransomware epidemic is legally registered in...
Software Developers Launching Type of Insurance Cover for Cryptocurrencies March 29, 2021 By Olga Kharif Adventurers in what is perhaps the most lucrative and risky corner of the cryptocurrency world are starting to see a...