Digital intelligence must overcome challenges to solving crypto crimes
While the value of cryptocurrencies has varied wildly in the last year, this has not diminished crypto’s attractiveness to criminals. Many of them are moving their illegal activities underground...
SEC issues first ever charges over phoney ‘insider information’ on darknet
The U.S. Securities and Exchange Commission has announced charges against California resident James Roland Jones in the first-ever enforcement action from the commission to target securities fraud on the...
Hacking Group CryptoCore Has Stolen Over 200 Million From Cryptocurrency Exchanges
Researchers from the Israeli company ClearSky talked about the hacker group CryptoCore , active since 2018 and specializing in hacking cryptocurrency exchanges.
According to experts, the group is based somewhere in Eastern...
Crypto criminals got away with $5B less in 2020 as scam revenue falls
Revenue from crypto-related crime dropped by more than half in 2020 according to Chainalysis’ annual report on the subject.Cybercriminals netted around $5 billion less than the $10 billion plus...
4% of crypto whales are criminals, and they hold $25B among them: Chainalysis
Chainalysis data shows that 4,068 criminal whales (roughly 4% of all whales) are hodling more than $25 billion worth of cryptocurrency among them. The blockchain analytics firm defines criminal whales...
US sanctions Russia’s largest darknet market and crypto exchange Garantex
The United States Department of the Treasury’s Office of Foreign Assets Control has announced it will impose sanctions on darknet market Hydra and virtual currency exchange Garantex.In a Tuesday...
7 DeFi protocol hacks in Feb see $21 million in funds stolen: DefiLlama
Reentrancy, price oracle attacks and exploits across seven protocols caused the decentralized finance (DeFi) space to bleed at least $21 million in crypto in February. According to DeFi data analytics platform...
DeFi lender Tender.fi suffers exploit, white hat hacker returns funds
This story is updated with new information to reflect the fact that the white hacker has since returned the funds to Tender.fi.An ethical hacker has drained $1.59 million from...
DeFi lender Tender.fi suffers exploit, white hat hacker suspected
An alleged ethical hacker has drained $1.59 million from the decentralized finance (DeFi) lending platform Tender.fi, leading the service to halt borrowing while it attempts to recoup its assets.Web3-focused...
Algodex reveals wallet infiltrated by ‘malicious’ actor as MyAlgo renews warning: Withdraw now
Algorand-based wallet provider MyAlgo has again urged users to withdraw their funds after a February security breach which doesn’t appear to have been resolved.Update: Funds are still being actively...
