Search Results for "theft"
Malaysian Crypto Miners Caught Stealing $59,700 of Electricity from State on Monthly Basis
Malaysian police recently arrested five cryptocurrency mining operators that were caught stealing electricity from a state-owned power company, Sarawak Energy Berhad (SEB).
Fraudulent Ledger Live App in Microsoft Store Linked to $768K Cryptocurrency Theft
A fake Ledger Live app on Microsoft's App Store stole nearly $768K from the crypto community, involving Bitcoin and Ethereum transactions, raising concerns over app verification processes.
CipherTrace: Cryptocurrency Theft Alarming at $4.4 Billion in 2019
According to a report by CipherTrace, a blockchain forensics company, the cryptocurrency sector has lost a whopping $4.4 billion in scams and thefts so far this year, up by more than 150% from $1.7 billion in 2018.
Crime across DeFi Platforms Surged to $10.5B in 2021
Crime has grown at an alarming rate in the decentralized finance (DeFi) industry by hitting $10.5 billion so far this year.
Teenage Twitter Hacker Could Use Bitcoin to Post $725,000 Bail
The mastermind behind Twitter’s recent massive hack attack has finally been arrested after a nationwide investigation by the FBI, and bail for him has been set at $725,000.
Former US Secret Service Officer Warns of FTX Customer Targeting Risk
Former US Secret Service officer Jeremy Sheridan has cautioned that the release of personal information of FTX customers could make them potential targets for identity and asset theft. Sheridan supported a motion from FTX debtors to withhold the confidential information of customers associated with the failed crypto exchange.
North Korean Crypto Thefts in 2023: A $700 Million Cyber Menace
North Korean groups were linked to 33% of 2023's crypto thefts, stealing up to $700M. Their methods evolved, involving crypto mixers and converting assets to Tether or Tron, highlighting the ongoing cyber threat from DPRK.
CipherTrace Unveils New Compliance Software For Banks Against Illicit Crypto Transactions
CipherTrace launches Armada to fix the blind spot in cryptocurrency compliance
US SEC and FINRA Issued Latest Custody Guidance on Digital Assets Securities
The United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) issued a statement addressing regulatory issues regarding the custody of digital asset securities on 8 July.
Bithumb CEO Summoned by South Korean Authorities Following Police Raid on Offices
The Chairman of the Board of Directors of Bithumb Holdings, Lee Jung-hoon has been summoned by the Seoul Metropolitan Police Agency's Intelligent Crime Investigation Unit following the unit's incessant raid on the exchange.
Sofi Launches Into Cryptocurrency Trading with Sofi Trading
The existence and relevance of Bitcoin and other cryptocurrencies have stirred interest from different businesses across various sectors. This is accompanied by the launch of Sofi's exchange platform which offers to make the process of trading more seamless
FINRA Ends Regulatory Unclarity By Awarding Harbor with Crypto Broker-Dealer License
The Financial Industry Regulatory Authority (FINRA) awarded Harbor Square Investments a broker-dealer license. Harbor Square Investments is a subsidiary of tokenized securities platform-Harbor.