Authorities in Hong Kong are warning traders about a fraudulent cryptocurrency being promoted by an X account impersonating Chief Executive John Lee. The scam involves a Solana-based token falsely marketed as the region’s "National Hong Kong Coin." On...
The U.S. Department of the Treasury has imposed sanctions on an Iranian national, Behrouz Parsarad, for his role in operating Nemesis, a darknet marketplace linked to the trafficking of fentanyl and other illicit drugs. The Department’s Office of...
Blockchain security firm SlowMist has uncovered a severe vulnerability in a widely-used JavaScript elliptic encryption library, posing a major security risk to crypto wallets, identity authentication systems, and Web3 applications. According to the firm's March 5 post on...
Bybit has confirmed that it is behind a proposal requesting the return of fees earned by DeFi protocol ParaSwap from transactions linked to the Lazarus Group. The North Korean hacking group allegedly used digital assets stolen from Bybit...
Crypto banking firm Sygnum has announced a strategic partnership with crypto derivatives exchange Deribit to expand its off-exchange custody platform, Sygnum Protect, This collaboration, which was announced today March 5, 2025, aims to provide institutional traders with enhanced...
Decentralized lending protocol zkLend has officially activated its Recovery Portal, enabling users affected by the platform’s February 12 exploit to claim their lost funds. The announcement was made on March 5 via a post on X, where zkLend...
The Australian Securities and Investments Commission (ASIC) has charged Brendan Gunn, the brother of Australian Olympic breakdancer Rachael Gunn, for allegedly dealing with money suspected to be the proceeds of crime while operating a fiat-to-crypto conversion business. In...
Iris Ramaya Au, former girlfriend of convicted crypto fraudster Adam Iza—infamously known as “The Godfather”—has agreed to plead guilty to a federal tax charge related to her involvement in his illicit financial schemes. According to a statement released...
The U.S. Securities and Exchange Commission (SEC) has decided to dismiss its case against Cumberland DRW, a Chicago-based cryptocurrency trading firm, months after accusing it of operating as an unregistered securities dealer. In a March 4 announcement on...
The Bank of Israel has revealed an initial design for its proposed digital shekel, emphasizing accessibility, security, and efficiency. However, the central Bank has clarified that the final decision on launching the digital currency remains uncertain and will...
