Crypto losses reach $1.19B in H1 2024: CertiK calls for better security
The CertiK report shows that phishing attacks led to nearly $498 million in losses, emphasizing the urgent need for enhanced security measures like 2FA.
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‘Less sophisticated’ malware is stealing millions: Chainalysis
Cryptojacking accounted for 73% of the total value received by malware related addresses between 2017 and 2021, according to a new malware report from blockchain analysis firm Chainalysis.Malware is used to conduct nefarious activity on a victim’s device such as a smartphone or PC after being downloaded without the victim’s knowledge. Malware-powered crime can be…
Law Decoded: Big Tech, Central Banks and the Hunt for Monopolies, July 24-31
Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s noteThe concept of monopoly will reign in today’s Law Decoded. As a fundamental principle, blockchain technology is about distributing both inputs and outputs of information securely. In its still very young lifecycle, the technology has proven…
Sam Bankman-Fried says ‘I did what I thought was right’ in leaked docs: Report
Documents provided by crypto influencer Tiffany Fong reportedly revealed details about the former FTX CEO's life under house arrest and his relationship with Caroline Ellison. 98 Total views 1 Total shares Former FTX CEO Sam Bankman-Fried (SBF), facing multiple criminal charges related to alleged misuse of user funds, reportedly denied many of the allegations against
UK Remittance Service TransferGo Adds Crypto Trading
UK-based service TransferGo has reportedly become the world’s first remittance operator to offer crypto trading, Bloomberg reported July 27. TransferGo now lets customers buy and sell five major cryptocurrencies –– Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC). According to TransferGo CEO and founder Daumantas Dvilinskas, the crypto trading option was…
Metaverse trading volume plummeted 80% but hype hasn’t decreased
A DappRadar report found that while trading volumes have taken a sharp hit during Q3, the average number of NFT sales for these 10 projects only decreased by 11.55%. 345 Total views 5 Total shares Third-quarter trading volume for the top 10 Metaverse projects may have fallen 80% compared to the second quarter, but analytics…
Winner spends fortune in crypto on Sotheby’s diamond auction
A massive diamond just sold on Sotheby’s for a whole lot of crypto. 310 Total views 2 Total shares Art and jewelry brokerage Sotheby’s put a 101.38 carat diamond up for auction, fetching over $10 million in crypto for the rock on July 9. The diamond “sold for $12.3 million to an anonymous buyer last Friday…
Indonesian crypto exchange Pintu raises $35M in Series A
Pintu’s backers believe the exchange has the potential to become one of crypto’s leading brands in Indonesia and Southeast Asia more broadly. 232 Total views 88 Total shares Pintu, Indonesia’s first mobile native cryptocurrency wallet and trading platform, has raised $35 million from some of blockchain’s biggest venture funds — putting the company on track…
Digital Currency Group under investigation by U.S. authorities: Report
U.S. authorities are reportedly investigating internal transfers from Digital Currency Group to its subsidiary Genesis. 379 Total views 9 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTCrypto conglomerate Digital Currency Group, or DCG, are under investigation by the United States Department of Justice's Eastern District of New York (EDNY) and the…