Category: News

Crypto hacking remains a persistent threat, with four years in the past decade individually seeing more than a billion dollars’ worth of crypto stolen (2018, 2021, 2022, and 2023). 2024 marks the fifth year to reach this troubling milestone, highlighting how, as crypto adoption and prices rise, so too does the amount that can be […]

Cryptocurrency wallets are no longer a niche tool for tech enthusiasts, they’re quickly becoming a must-have for businesses looking to adapt and grow. These digital wallets allow companies to store, manage, and accept cryptocurrencies securely, offering a host of advantages for businesses worldwide. With the rise of blockchain technology, tools like a crypto wallet for […]

Getty Images Craig Wright attending the London High Court in February 2024 A computer scientist has been found to have committed contempt of court for falsely and persistently claiming to be the mysterious inventor of Bitcoin, Satoshi Nakamoto. In March, the High Court ruled Craig Wright was not Satoshi, and ordered him to stop claiming […]

SCOTTSDALE, AZ — A man accused of posing as an Uber driver allegedly stole more than $290,000 in cryptocurrency from victims he picked up at the W Hotel in Scottsdale. On March 31, 2024, Nuruhessin Hussein called out the name of a person who was waiting for an Uber driver. The victim then got in […]

Medha Singh  |  Reuters What will David Sacks do as AI and crypto czar? President-elect Donald Trump said the AI and crypto czar will reform U.S. policy on digital currency. Funds stolen by hacking cryptocurrency platforms surged 21% from a year ago to $2.2 billion in 2024, a report from blockchain analysis firm Chainalysis showed […]

LONDON — An Australian computer scientist who falsely claimed to be the founder of the bitcoin cryptocurrency was found Thursday to be in contempt of an order of London’s High Court. In a judgment on Thursday, Justice James Mellor said Craig Wright had committed “a clear breach” of the order in March that barred him […]

Gold has always been synonymous with stability, trust, and timeless value, making it the cornerstone of wealth preservation for centuries. In an age where digital innovations seem to dominate every aspect of our lives, physical gold stands out as a tangible, enduring asset that offers unmatched security and independence.   While options like Tether Gold—a […]

More than $2 billion worth of cryptocurrency has been stolen from crypto platforms in 2024 according to blockchain research firm Chainalysis.  The company found that for the fifth year in a row, thefts from such entities have surpassed $1 billion, growing more than 21% in 2024 to $2.2 billion. The number of incidents 282 in […]

Key Takeaways The FBI, DEA, IRS-CI, HSI, and USMS collaborate to manage and redistribute seized digital assets. Blockchain analysis tools and exchange cooperation are vital in tracing and securing illicit crypto. Examples like the Bitfinex hack, Operation Destabilize, and Operation Kraken show how jurisdictions manage seized crypto globally. New US legislation and global efforts focus […]

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. North Korean groups have stolen $1.34bn through cryptocurrency hacks this year, their highest level of such thefts on record, underlining the importance of this revenue stream for Pyongyang. The total value of the thefts by […]