UK Financial Watchdog to Curb Marketing of Cryptoassets, Other High-Risk Investments January 20, 2022 By Huw Jones and Tom Wilson Britain’s financial watchdog said on Wednesday it planned to curb the marketing of cryptoassets and other high-risk investments, a move...
Cryptocurrency Crime Hit Record $14 Billion in 2021: Research January 6, 2022 By Tom Wilson Crime involving cryptocurrencies hit an all-time high of $14 billion last year, blockchain researcher Chainalysis said on Thursday, a record...
Biz Interruption, Recovery Costs Drive Financial Losses From Cyber Attacks: Report October 14, 2021 By L.S. Howard During the COVID-19 crisis, global cyber attacks skyrocketed in a digital pandemic driven by ransomware, according to a report published...
Cryptocurrency Crash ‘Plausible Scenario’, Regulations Needed: BoE’s Cunliffe October 13, 2021 A collapse in cryptocurrencies is a “plausible scenario” and rules are needed to regulate the fast-growing sector as a “matter...
Biden Administration Targets Crypto Pipelines in Fight Against Ransomware Attacks September 22, 2021 By Kartikay Mehrotra and Jennifer Jacobs The Biden administration plans a fresh campaign against ransomware attacks through sanctions to cut off criminals’ cryptocurrency pipelines, and it...
SEC Must Increase Cryptocurrency Oversight, Investor Advocates Say September 21, 2021 By Joe Light Many cryptocurrency projects are flouting investor-protection rules and deserve more scrutiny, a group of investor advocates told Securities and Exchange...
Hackers Steal More Than $94M from Japanese Cryptocurrency Exchange August 19, 2021 By Tom Wilson Japanese cryptocurrency exchange Liquid said on Thursday it was hit by hackers in a theft estimated at more than $94...
Hackers Return $260M to Cryptocurrency Platform After Theft of $613M in Digital Coins August 12, 2021 By Tom Wilson, Tom Westbrook and Alun John LONDON/SINGAPORE/HONG KONG – Hackers behind one of the biggest ever cryptocurrency heists have returned more than a third of $613...
Chubb CEO Greenberg Stresses Need to Address Ransomware and ‘Systemic’ Cyber Risk July 29, 2021 By Mark Hollmer Chubb Chairman and CEO Evan Greenberg is doubling down against outlawing ransomware payments to address the the growing threat of...
Biden Administration Plans More Ransom Payment Tracing in Fight Against Attacks July 16, 2021 By Jennifer Jacobs and Billy House The Biden administration intends to crack down on the use of cryptocurrencies in ransomware attacks through more rigorous tracing of...