Global Financial Crime Watchdog Calls for Action on Crypto Risks June 27, 2025 By Elizabeth Howcroft The Financial Action Task Force (FATF), a global financial crime watchdog, on Thursday called on countries to take stronger action...
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...
Losses From Crypto Hacks Jump to $2.2B in 2024, Report Says December 23, 2024 Funds stolen by hacking cryptocurrency platforms surged 21% from a year ago to $2.2 billion in 2024, a report from...
Homeowners Insurance Does Not Cover Cryptocurrency Theft, 4th Circuit Affirms October 29, 2024 By Andrew G. Simpson A federal appeals court has affirmed that a homeowners insurance policy does not cover the theft of cryptocurrency because the...
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...
Crypto Exchange HTX Hit by $258M Outflow After Major Hack December 11, 2023 By Sidhartha Shukla The HTX exchange, a digital-asset trading platform linked to China-born industry mogul Justin Sun, has suffered a $258 million net...
Central Bank Test Lab Develops Global Bitcoin Mapping System October 4, 2023 By Marc Jones A global central bank test lab has designed a prototype bitcoin monitoring system aimed at giving authorities a clearer picture...
Blockchain Analysts Suspect N. Korea-Linked Hackers Behind $70M Crypto Theft September 18, 2023 By Elizabeth Howcroft and Raphael Satter Blockchain researchers say North Korea-linked hackers are likely behind a $70 million theft from crypto exchange CoinEx. CoinEx, which says...
Fake Job Offer Opened Door to Suspected North Korean Crypto Hack August 10, 2023 By Ott Tammik and Aaron Eglitis In late July, a programmerat Estonia’s CoinsPaid, the world’s biggest crypto payment provider, met over video link with a recruiter...
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...