September 10, 2024
Unregistered Crypto ATMs Lead to Landmark UK Prosecution
A British regulator has charged a London man for operating several unlicensed crypto ATMs. Olumide Osunkoya, 45, has been charged with a running series of unlicensed machines that let users...
September 09, 2024
FBI Says 50% of All Financial Fraud Losses Involve Cryptocurrency
The number of cryptocurrency-related complaints accounted for 10% of all financial fraud complaints but 50% of the total losses in 2023. That is due in part to the use of...
August 15, 2024
Chainalysis: Value of Crypto Hacks, Ransomware Payments Rise in 2024
The value of funds taken in hacking activities and ransomware attacks rose during the first seven months of the year. These increases were driven by the higher value of bitcoin...
July 10, 2024
Payments, Penalties and TradFi Adoption Define This Week in Web3
Crypto is as crypto does. And crypto is, by all appearances, trying to do better. The European Union’s (EU) landmark Markets in Crypto-Assets Act (MiCA) framework is now live, and...
July 05, 2024
Report: Successful Crypto Hacks Double in Size Since 2023
By the middle of 2023, hackers had stolen $657 million in cryptocurrency. One year later, that figure had more than doubled to $1.38 billion, blockchain data firm TRM Labs said in a report issued...
May 15, 2024
This Week in Web3: Crypto Payment Rails and Regulatory Clarity
As Nathaniel Hawthorne wrote in the1800s, “families are always rising and falling in America.” And the same holds true for the cryptocurrency and Web3 space in 2024. That’s because, whether...
December 22, 2023
Insomniac Reports Data Breach Involving Employee Information, Game Development Details
Sony-owned video-game studio Insomniac released a statement Friday (Dec. 22) about a data breach that became known earlier this month. “We’re both saddened and angered about the recent criminal cyberattack...
November 13, 2023
Report: $27 Million in Crypto Swiped From Binance-Linked Wallet
A hacker reportedly stole $27 million in cryptocurrency from a Binance-connected wallet. The stolen tether funds were converted to ether before being transferred to other exchanges and bridges to bitcoin...
September 25, 2023
Mixin Network Crypto Hackers Swipe $200 Million
Digital asset transaction network Mixin has halted withdrawals and deposits following a $200 million hack. In a post on Twitter/X Sunday (Sept. 24) night, the company said the attack happened early Saturday (Sept. 23),...