NFT Thefts Hit $100M in ’22; Facebook Adds Tokens

A record number of non-fungible tokens (NFTs) were reportedly stolen in July, joining the over $100 million worth of NFTs taken between July 2021 and July 2022. Although the prices and sales of NFTs have dropped following their surge in 2021, there are still many...

In case you thought the biggest problem with cross-chain bridges used to make payments between blockchains was that they are fantastically vulnerable to hackers, with a staggering $1.3 billion stolen in just the first six months of 2022, now it turns out they are excellent...

Billions in bitcoin, bought as a reserve by the Luna Foundation Guard (LFG), a foundation set up by the failed Terra blockchain, is now untraceable after being moved to two crypto platforms, Bloomberg wrote Saturday (May 14). LFG reportedly bought $3.5 billion of bitcoin between...

A crypto forensics firm said it has uncovered information on a digital wallet that could be linked to Russian oligarchs and officials facing sanctions. As Bloomberg News reported Monday (March 14), the wallet has “significant crypto-asset holdings,” according to Tom Robinson, co-founder of the forensics...