Hacks and scams stole $3B from crypto activities in 2024 — PeckShield
According to the security firm, hacks accounted for more than 70% of crypto losses due to illicit activities in 2024, compared to 30% for scams.
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Aave Companies rebrands to Avara, acquires Ethereum self-custody ‘Family Wallet’
Liquidity protocol Aave’s parent company has been rebranded to Avara as it looks to streamline its suite of infrastructure products to attract a broader Web3 user base. 499 Total views 44 Total shares Decentralized finance (DeFi) group Aave Companies has been rebranded to Avara as it looks to broaden its user base across the Web3

Monero’s former maintainer arrested in U.S. for allegations unrelated to cryptocurrency
An arrest warrant for Riccardo Spagni was issued on July 20, 2021 at the request of the South African government. He was apprehended the same day in the United States. Riccardo Spagni, the former maintainer of the Monero cryptocurrency, was arrested last month in Nashville, Tennessee on fraud charges tied to alleged offenses in South…

Opera Releases ‘Web 3-Ready’ Android Browser With Ethereum, DApp Support
Opera has launched its “Web 3-ready” browser for Android, with crypto wallet integration, support for Ethereum (ETH) and interactions with decentralized applications (DApps). The launch was announced at the Hard Fork Decentralized event in London Dec. 13, according to a press release shared with Cointelegraph.Charles Hamel, product manager of Opera Crypto, has outlined that the…

Law Decoded: Insurrections, transitions, monitoring transactions and 2021, Jan. 1–8
Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.Editor’s noteJanuary takes its name from Janus, the god of transitions and the guardian or the gates of Rome, looking always forward and backwards.So while this has been going on for over two millennia, only a week…

Is Staking the Answer to Cryptocurrency’s Mining Problems?
For a tech that was supposed to be democratic and distributed in order to free financial systems from the grip of government-influenced banks and return control of the money supply to the people, cryptocurrencies have turned out to be pretty concentrated. Some 66% of all Bitcoin (BTC) mining now takes place in China, with 54% located…

OTOY’s Render Network plans to render the metaverse on Solana
Solana's programmable and secure underlying infrastructure is critical for scalable and shareable dynamic metaverse content, according to OTOY CEO Jules Urbach. 48 Total views 1 Total shares Jules Urbach, the CEO and founder of OTOY, wants to democratize content creation, specifically as it pertains to virtual assets. OTOY’s technology intends to fulfill the promise of…

SEC charges former corrections officer for role in bizarre crypto scam
John A. DeSalvo allegedly solicited ICO money from police and orchestrated a pump and dump on PancakeSwap shortly after. 306 Total views 10 Total shares John A. DeSalvo, a former lieutenant at the New Jersey Department of Corrections, has been charged by the U.S. Securities and Exchange Commission (SEC) for orchestrating a crypto scam that…

Top Coins Trading in The Green After Major Drop-Off Yesterday
Wednesday, Nov. 21: It seems as if the recent drop-off in markets has slowed, with almost all the top 20 cryptocurrencies seeing green today.Market visualization from Coin360Bitcoin’s (BTC) losses yesterday totalled more than 15 percent, though the coin has managed to bounce back into the green today, up 3.12 percent on the day and trading…