Crypto Market Risks Should Be Priority for Global Regulators: Financial Stability Board February 16, 2022 By Huw Jones and Tom Wilson Risks from the $2.6 trillion crypto market could grow quickly and regulators need pre-prepared measures to bring the sector to...
Couple Accused of Laundering $4.5B in Bitcoin Tied to 2016 Hack February 9, 2022 By Sarah N. Lynch, Raphael Satter and Luc Cohen The U.S. Justice Department said on Tuesday it has unraveled its biggest-ever cryptocurrency theft, seizing a record-shattering $3.6 billion in...
Crypto Platform Wormhole Says ‘Funds Are Safe’ After Hackers Steal $320M February 3, 2022 By Tom Wilson and Pushkala Aripaka Cryptocurrency platform Wormhole said on Thursday that “all funds are safe” after hackers stole more than $320 million from its...
Crypto Exchange Binance Builds $1B Insurance Fund After Industry’s Recent Hacks January 31, 2022 By Ben Bartenstein Binance Holdings Ltd. has built up a $1 billion insurance fund for its users amid a barrage of hacks on...
Hackers Seize $80M of Digital Assets From Qubit in Latest DeFi Attack January 31, 2022 By Akayla Gardner More than $80 million of digital assets were swiped from a decentralized finance platform in the latest hack of cryptocurrency...
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...
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...
Software Developers Launching Type of Insurance Cover for Cryptocurrencies March 29, 2021 By Olga Kharif Adventurers in what is perhaps the most lucrative and risky corner of the cryptocurrency world are starting to see a...
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,...