As relations between the Russia and North Korean governments continue to cosy up, a Chainalysis investigation has found that since 2021, Russian crypto exchanges have been laundering stolen crypto used to fund the DPRK nuclear arms program.
Vitalik Buterin’s account on the X social media platform was recently hacked, and $691K stolen from unsuspecting followers. In June Bitboy Crypto’s account was similarly compromised, leading to followers losing $760K of funds. Is there something about the nature of crypto that attracts such scams?
Mixin Network faced a $200 million loss due to a cyberattack on its cloud provider. The incident underscores the risks of blockchains’ reliance on centralized infrastructure.
Mixin Network faced a $200 million loss due to a cyberattack on its cloud provider. The incident underscores the risks of blockchains’ reliance on centralized infrastructure.
As relations between the Russia and North Korean governments continue to cosy up, a Chainalysis investigation has found that since 2021, Russian crypto exchanges have been laundering stolen crypto used to fund the DPRK nuclear arms program.
Vitalik Buterin’s account on the X social media platform was recently hacked, and $691K stolen from unsuspecting followers. In June Bitboy Crypto’s account was similarly compromised, leading to followers losing $760K of funds. Is there something about the nature of crypto that attracts such scams?
$PEPE price is in freefall after 60% of the team account’s funds were sold. One co-founder blames team members for pulling the rug on the project, but the community is finding it hard to believe his story.
$1.5 billion of assets still locked in the Multichain protocol have reportedly been confiscated by Chinese police as part of a money-laundering investigation. However, one source suggests that this is just the latest face of police embezzlement in the country.
Crypto custodian holding hundreds of millions of clients' digital assets goes bankrupt as a result of crypto key mismanagement. As often happens in the crypto world, the story may continue to develop.
As Tether again stopped a scam in its tracks by blacklisting a hacker’s account, users are reminded about the powers they hand to centralized money issuers.
