Category: News

Westport resident Dylan Meissner, 31, has been sentenced to four years in federal prison for embezzling $4.6 million from his employer, the cryptocurrency research firm Delphi Digital, according to the Department of Justice. Meissner, a former vice president of finance at Delphi Digital, had “exploited the company’s trust and generally abused our trust in him […]

Summers’ calls dea of national Bitcoin reserve ‘crazy’ Former US Treasury Secretary Lawrence Summers says the US does not need a national Bitcoin reserve. “Some of what is being said this idea that we should have some kind of national Bitcoin reserve is crazy,” Summers said on Bloomberg Television’s Wall Street Week with David Westin. Bloomberg – Politics Bitcoin […]

(TNND) — A tiny bit of shine came off bitcoin when Federal Reserve Chair Jerome Powell poured cold water on the idea of the U.S. government holding a cryptocurrency reserve. But bitcoin is still riding high since Donald Trump won the White House. Trump has voiced support for crypto and has picked crypto supporters for […]

The total value stolen in crypto hacks reached $2.2 billion in 2024, a figure that was higher than the $1.8 billion taken in 2023 but lower than the record $3.7 billion stolen in 2022. While the intensity of crypto hacking increased in the first half of 2024, it “slowed considerably” in July and remained relatively […]

$2.2 billion worth of cryptocurrency was stolen from various platforms in 2024, Chainalysis’ 2025 Crypto Crime Report has revealed. Of that sum, $1.34 billion was stolen by North Korea-affiliated hackers, across 47 hacking incidents (out of 303). Most targeted organizations Between 2021 and 2023, decentralized finance (DeFi) platforms were the primary targets of crypto hacks, […]

Practically every cryptocurrency in the top 50 by market capitalization is having a rough time right now, led by a precipitous drop in the value of Bitcoin (BTC). Bitcoin Sell-Off Impact: A severe downturn across the cryptocurrency market, led by a sharp fall in Bitcoin, influenced most altcoins. RWA Token Decline: Most real-world asset (RWA) […]

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 […]