cryptocurrency theft News

EU Monitors FTX Collapse as Major Crypto Law Enters Final Stages

The European Union is monitoring the collapse of crypto exchange FTX Group as the bloc tries to cross the finish line on adopting a broader set of regulations for digital assets. The bloc is examining whether the crisis has any …

Collapsed Crypto Exchange FTX Flags Millions of Dollars of Unauthorized Transactions

Crypto exchange FTX was engulfed in further chaos on Saturday when the company said it had detected unauthorized transactions and analysts flagged that millions of dollars of assets had been moved from the platform in “suspicious circumstances.” FTX filed for …

N. Koreans Steal LinkedIn Resumes to Get Remote Work at Crypto Firms: Researchers

North Koreans are plagiarizing online resumes and pretending to be from other countries to get remote work at cryptocurrency firms to aid illicit money-raising efforts for the government, cybersecurity researchers say, following a U.S. warning on a similar scheme in …

U.S. Crypto Company Nomad Hit by $190 Million Theft

U.S. crypto firm Nomad has been hit by a $190 million theft, blockchain researchers said on Tuesday, the latest such heist to hit the digital asset sector this year. Nomad said in a tweet that it was “aware of the …

How Crypto Giant Binance Became a Hub for Hackers, Fraudsters and Drug Traffickers

BRATISLAVA – In September 2020, a North Korean hacking group known as Lazarus broke into a small Slovakian crypto exchange and stole virtual currency worth some $5.4 million. It was one of a string of cyber heists by Lazarus that …

Crypto Firms Being Targeted by North Korea Hackers, Warns DeFiance Capital Founder

All prominent cryptocurrency organizations are probably being targeted by North Korean hackers and should strengthen their cybersecurity, according to the founder of a crypto fund. North Korea is likely to devote more resources to such attacks given the success it’s …

Cops Struggle to Keep Up With ‘Staggering’ Levels of Crypto Seizures

One spring day in a village just west of London, residents saw a man being muscled into a car in front of a nearby house. He reappeared with cuts and bruises 13 hours later, but the cops had already discovered …

Consumers Risk Losing All Their Crypto Investments, EU Regulators Warn

Consumers risk losing all their money invested in cryptoassets and could fall prey to scams, the European Union’s securities, banking and insurance watchdogs said in a joint statement on Thursday. “Consumers face the very real possibility of losing all their …

Crypto Market Risks Should Be Priority for Global Regulators: Financial Stability Board

Risks from the $2.6 trillion crypto market could grow quickly and regulators need pre-prepared measures to bring the sector to heel, the Financial Stability Board (FSB), a risk monitoring watchdog for the G20 economies, said on Wednesday. While cryptoassets like …

Couple Accused of Laundering $4.5B in Bitcoin Tied to 2016 Hack

The U.S. Justice Department said on Tuesday it has unraveled its biggest-ever cryptocurrency theft, seizing a record-shattering $3.6 billion in bitcoin tied to the 2016 hack of digital currency exchange Bitfinex and arresting a husband-and-wife team on money laundering charges. …