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...
Cryptocurrency Crime Drops in 2020 but ‘Decentralized Finance’ Losses Rise: Study January 29, 2021 By Gertrude Chavez-Dreyfuss Losses from cryptocurrency theft, hacks and fraud fell 57% last year to $1.9 billion, as market participants boosted security systems,...
Many Financial Firms and Governments See Cryptocurrencies as Risky: Survey September 30, 2020 By Tom Wilson Financial firms and governments overwhelmingly see cryptocurrencies as risky, a major survey found on Tuesday, with the potential for bitcoin...
Cryptocurrency Firm Quadriga Collapsed Due to Late Founder’s Ponzi Scheme: Regulator June 15, 2020 By Nichola Saminather Last year’s collapse of Canadian cryptocurrency trading platform QuadrigaCX was due to a Ponzi scheme operated by founder Gerald Cotten,...