The Ronin Network has fallen victim to another exploit, with attackers successfully withdrawing approximately 4,000 ETH and 2 million USDC, valued at around $12 million. The incident, which occurred today August 6,2024, was first reported by blockchain analytics platform...
A blockchain wallet associated with a known crypto hacker has moved 9.75 million $DAI and 17.75 $ETH to an intermediary address. According to on-chain data, the hacker quickly converted the DAI to 16,890 ETH, then sent 2,400 ETH (approximately...
The Australian Federal Police (AFP) has initiated an investigation into a large-scale cryptocurrency phishing operation that has compromised over 2,000 Australian-owned digital wallets. This action follows the revelations of Operation Spincaster, a probe conducted by blockchain analysis firm Chainalysis,...
The Wisconsin Department of Financial Institutions (DFI) has launched a publicly accessible tracker to combat cryptocurrency and other investment scams. This initiative, according to the agency, comes in response to nearly $3.55 million lost by Wisconsinites to financial grooming...
The European Union Agency for Law Enforcement Cooperation (Europol)’s latest report, has flagged significant concerns within the cryptocurrency ecosystem, particularly regarding non-fungible tokens (NFTs) and Bitcoin exchange-traded funds (ETFs). According to the “Internet Organised Crime Threat Assessment (IOCTA) 2024”...
Chainalysis has announced plans to expand its anti-phishing crypto scam initiative, "Operation Spincaster," to additional countries in the upcoming months. In a blog post published on July 18, 2024, the blockchain analytics firm detailed the outcomes of the initiative's...
WazirX has suffered a major security breach on one of its multisig wallets, resulting in losing $230 million in customer funds. The crypto exchange disclosed the incident in the early hours of Thursday, July 18, and noted that its...
The Washington State Department of Financial Institutions (DFI) has issued a critical warning about an emerging cryptocurrency scam that preys on unsuspecting victims through the guise of educational institutions. This sophisticated fraud operation involves scammers posing as business "professors"...
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has highlighted the uptick in the use of cryptocurrencies and related services for criminal activities in a recent report on money laundering trends. The 2024 AUSTRAC Money Laundering National Risk Assessment...
John Bigatton, a promoter of the crypto platform BitConnect, was convicted by a district court in one of Australia's biggest cities, Sydney, for providing unlicensed financial advice. Though found guilty of violating section 911B(1) of the Corporations Act 2001,...
