FTX Sues Bankman-Fried, Others to Recoup More Than $1 Billion July 21, 2023 By Jonathan Stempel FTX Trading on Thursday sued founder Sam Bankman-Fried and other former executives of the cryptocurrency exchange, seeking to recoup more...
Digital Asset Insurer Evertas Acquires Bitsure, Crypto Mining Insurance Specialist July 19, 2023 Evertas, the Chicago-based dedicated crypto insurance company, announced the acquisition of Bitsure, the world’s first insurer dedicated to coverage for...
Crypto Ransomware Attacks Rise in First Half of 2023: Chainalysis July 18, 2023 By Elizabeth Howcroft Crypto crime fell overall in the first six months of 2023, but the volume of payments to ransomware attackers surged...
Global Rules Leave Crypto Firms With No Place to Hide: G20 Watchdog July 17, 2023 By Huw Jones Globally agreed rules leave crypto firms with no option but to introduce basic safeguards to prevent the blow-ups seen at...
North Korean Hackers Stole $100 Million in Recent Cryptocurrency Heist: Analysts June 14, 2023 By Raphael Satter North Korean hackers stole more than $100 million worth of digital currency in a recent heist affecting users of the...
These Cryptocurrencies Are Getting Hit Hardest Under the SEC Crackdown June 13, 2023 By Sidhartha Shukla They range from the brainchild of a winner of computer science’s most prestigious award to a crypto token supporting the...
Markets/Coverages: Evertas to Offer Largest Crypto Insurance Policy With Coverage Up to $420M June 2, 2023 By Gertrude Chavez-Dreyfuss London-based Arch Insurance International has authorized cryptocurrency insurer Evertas to increase the coverage limit for a single policy to $420...
Crypto Must End Anonymity for Illicit Finance, U.S. Regulator Says April 26, 2023 By Huw Jones Anonymity is allowing crypto assets to finance illegal activities, a top U.S. regulatory official said on Tuesday, posing national security...
FTX’s Crash Exposes Insurance Black Hole That Risks Impeding Crypto Sector Recovery March 7, 2023 By Sidhartha Shukla A long road lies ahead to repair confidence in crypto after unprecedented bankruptcies and hacks, including the major challenge of...
G20 Watchdog to Tackle ‘Vulnerabilities’ in Decentralized Finance After FTX Collapse February 16, 2023 By Huw Jones The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle “vulnerabilities” and data gaps in...