Cryptocurrency hackers stole $2.2 billion from platforms in 2024

Cryptocurrency hackers stole $2.2 billion from platforms in 2024

$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, […]

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Week in RWA: Sector Suffers Major Blow Following Bitcoin Sell-Off

Week in RWA: Sector Suffers Major Blow Following Bitcoin Sell-Off

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) […]

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$2.2 Billion Stolen in Crypto in 2024 but Hacked Volumes Stagnate

$2.2 Billion Stolen in Crypto in 2024 but Hacked Volumes Stagnate

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 […]

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New Opportunities for Businesses with Cryptocurrency Wallets

New Opportunities for Businesses with Cryptocurrency Wallets

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 […]

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IT expert convicted for repeatedly lying about inventing Bitcoin

IT expert convicted for repeatedly lying about inventing Bitcoin

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 […]

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Fake Uber driver steals more than $290,000 in crypto from victims in Scottsdale

Fake Uber driver steals more than $290,000 in crypto from victims in Scottsdale

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 […]

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Stolen crypto losses jump to $2.2 billion this year

Stolen crypto losses jump to $2.2 billion this year

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 […]

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Australian who falsely claimed to have invented bitcoin is found in contempt of UK court

Australian who falsely claimed to have invented bitcoin is found in contempt of UK court

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 […]

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A Gold-backed Cryptocurrency vs Physical Gold

A Gold-backed Cryptocurrency vs Physical Gold

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 […]

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