FTX’s Crash Exposes Insurance Black Hole That Risks Impeding Crypto Sector Recovery March 7, 2023 By Sidhartha Shukla A long road lies ahead to repair confidence in crypto after unprecedented bankruptcies and hacks, including the major challenge of...
G20 Watchdog to Tackle ‘Vulnerabilities’ in Decentralized Finance After FTX Collapse February 16, 2023 By Huw Jones The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle “vulnerabilities” and data gaps in...
Crypto Thefts Hit Record $3.8B in 2022 on Surge in North Korea Hacking: Report February 3, 2023 By Jeff Stone Thieves stole a record $3.8 billion worth of cryptocurrency in 2022 as sanctions on North Korea drove a surge in...
‘Financial Hacking’ Plagues DeFi in Latest Setback for Crypto October 20, 2022 By Hannah Miller and Olga Kharif Decentralized finance, the once red-hot slice of the crypto universe that was at the center of this year’s collapse of...
Hacker Gets $50 Million in Heist of DeFi’s Mango October 17, 2022 By Olga Kharif The community of decentralized-finance application Mango DAO on Saturday got back a portion of about $100 million stolen this week...
Cops Struggle to Keep Up With ‘Staggering’ Levels of Crypto Seizures April 13, 2022 By Ellen Milligan and David Voreacos One spring day in a village just west of London, residents saw a man being muscled into a car in...
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...
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...
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...