On Wednesday, the U.S. Department of Justice (DOJ) announced the arrest of cryptocurrency mixer Samourai co-founders. The DOJ seized the cryptocurrency service for conducting $2 Billion worth of …
Worldcoin, Sam Altman’s eye-scanning crypto project, announces its own blockchain
Worldcoin Foundation, the company behind Worldcoin, today announced World Chain, a permissionless, open-source Ethereum layer 2 that’s expected to launch mid-2024. The blockchain will be deeply …
Crypto Hacks Drain $336 Million in Q1 2024, Claims Report
The rise of web3 technologies has sparked a wave of innovation, but it’s also given rise to a new breed of cyber threats. According to a recent study by Immunefi, the cryptocurrency industry has seen …
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Crypto mogul Sam Bankman-Fried sentenced to 25 years
Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing US$8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded, the last step in the …
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Inquiry into $426 billion crypto can ‘nuke’ U.S. market, per analyst
The Ethereum Foundation, a Swiss-based nonprofit that undergirds the second-largest digital asset valued at a $426 billion market cap, says it is facing scrutiny from an anonymous regulator. “This …
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Cryptography Firm Zama Raises $73 Million for FHE Solution
France-based Zama, an open-source cryptography company, announced raising $73 million in a Series A funding round, led by Multicoin Capital and Protocol Labs, among others. Zama specializes in fully …
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CryptoChameleon Attackers Target Apple, Okta Users With Tech Support Gambit
A phishing kit, named CryptoChameleon, has been targeting cryptocurrency platforms, including employees of Binance and Coinbase. The kit has also been targeting the Federal Communications Commission …
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Bitcoin’s market cap breaks $1T, taking overall crypto market to $2T
Bitcoin is a trillion dollar asset once again. And the overall crypto market has broken $2 trillion in market capitalization. Why it matters: If it were collectively a publicly traded company, …
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UN Digging Into DPRK Crypto Cyberattacks Totaling $3B
The United Nations is going to announce an investigation into North Korean sponsored cyberattacks against cryptocurrency companies. The attacks potentially brought in $3 billion to fund the country's …
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Funds Stolen from Crypto Platforms Fall More Than 50% in 2023
Over the last few years, cryptocurrency hacking has become a pervasive and formidable threat, leading to billions of dollars stolen from crypto platforms and exposing vulnerabilities across the …
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